Posted by Geo-TH,In on February 25, 2015 at 04:09:24 from (184.16.165.4):
In Reply to: OT Car wash posted by gmccool on February 24, 2015 at 18:58:14:
Where I live, all the small mom and pop DIY car washes along with most of the laundry mats are a thing of the past.
We have only two large car washes, but they are not DIY's. Your car goes through a machine, auto wash, wax and dry.
Now for a fixed fee they sell a monthly pass for unlimited washes.
I would think it takes a lot of money and the competition will be ruff. Not to mention, city taxes, city water/sewer, labor costs. I'm not interested in putting my money in a car wash. Diy car washes have issues with keeping things from freezing too.
I've recently invested in 3 different real estates trusts, 6-7% returns. One was FDIC insured. I would talk to a broker or finical investor as to where to put your money and ou do very little work.
I've been a landlord for 45 years. I wouldn't recommend doing that. I keep saying I'm getting out, but then what would I do for a source of aggravation? Not married.
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