Tenant laundry with a multifamily laundry service with John Steinhofer

Jake and Gino Multifamily Investing Entrepreneurs

Jake & Gino

Buyingapartmentbuildings, Investingsmart, Multifamilyrealestateinvesting, Business, Smartinvesting, Jakeandgino, Apartmentinvesting, Investing, Commercialrealestateinvesting, Makingmoney, Buyingrealestate, Realestateinvestment, Wheelbarrowprofits, Realestateinvesting, Cashflow

5 • 831 Ratings

🗓️ 5 January 2017

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

Real Estate In this episode we look at some of the inner workings of managing multifamily properties in our interview with 15 year laundry veteran John Steinhofer. There are many ways of maintaining your smart investment. One of which is providing laundry service for tenants and we share many of the options in this show. John also shares ways to get extra cash upfront and how to better serve tenants with new machines and promotions. In this episode you will discover- -Why we use a multifamily laundry service -Who the service is geared toward -The pros and cons of laundry service -The cost of laundry service -The revenue split involved in laundry services -How many laundry machines are needed per unit -New laundry technology -Insider tips -What makes a great laundry service provider -and much more! http://www.caldwellandgregory.com https://www.linkedin.com/in/john-steinhofer-6bb770

Transcript

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0:00.0	Welcome to the Wheelbarrow Profits Podcast, where you get multi-family investing made real.
0:06.5	Learn from top players in the real estate investment world as they share their secrets with you
0:11.5	and discover proven strategies on apartment investing that actually work.
0:16.0	To learn more about wheelbarrow profits, visit jake and gino.com.
0:24.7	Your one-stop shop for everything multifamily now to your host jake and gino hello everybody this is jake stenziano host of the wheelbarrow profits
0:29.5	podcast here with my co-host the multi-family mentor the coach the chef the father of six the best-selling
0:34.4	author the g dad gino barbro gina how's going happy new year
0:39.0	stenziana i'm doing great how you doing bringing the pain baby today's guest is john steinhoffer
0:44.9	john is a multifamily specialist at caldwell and gregorily laundry services he's been in the
0:51.2	laundry service business for a number of years and we've actually done a few laundry deals with John a couple of years back when he covered our area.
0:57.9	John brings a wealth of knowledge and solutions for investors looking to systematize the laundry aspect of their business.
1:04.1	So without further ado, John, welcome the show.
1:06.6	Hey, guys. Thanks for having me. Glad to be here.
1:08.7	Hey, John.
1:09.4	I had to throw that Steinhafer in there because my old college football coach,
1:13.7	we had a guy in the team named Steinbacher, and he'd always yell out and I'd go, Steinbacher.
1:18.6	So I had to throw that in there, man. Sorry about that. Anyways, getting back.
1:23.4	Why don't you tell us a little bit about your background and how you got started in laundry sales?
1:29.0	Well, actually, I've been involved in a number of years, about 15 years now that's going on.
1:34.5	First, I was in New York with my old company.
1:37.6	We won't go there.
1:38.4	But I was in New York.
	...

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