meta_pixel
Tapesearch Logo
Log in
Action Academy | Millionaire Mentorship For Your Life & Business

They Sold Their Rental Properties To Buy 4 Laundromats in 2.5 Years w/ Justin & Ashley Eaton

Action Academy | Millionaire Mentorship For Your Life & Business

Brian Luebben

Real Estate, Financial Freedom, Biggerpockets, Corporate, Small Business, Careers, Millionaire, Business, Alex Hormozi, Investing, Commercial Real Estate, Passive Income, Entrepreneurship

4.9703 Ratings

🗓️ 6 May 2026

⏱️ 40 minutes

🧾️ Download transcript

Summary

Justin and Ashley Eaton built a 4-store laundromat portfolio in just 2.5 years after realizing rental properties weren’t producing the cash flow they wanted. In this episode, they break down: Why they shifted from real estate to laundromatsBuying “zombie mats” for as little as $25KTurning one store into $32K/month gross revenueHow they automated operations and built systemsThe truth about “passive income”Raising capital after proving the model themselvesThis is one of the best conversations w...

Transcript

Click on a timestamp to play from that location

0:00.0

I had a drug addict overdose and die in my mat.

0:04.4

Why do we want to put, you know, 60, 70, 80 grand down on this duplex to make 300 bucks a month?

0:09.9

We don't even look at businesses beneath a million bucks of revenue.

0:13.1

With our one laundromat, we're going to do 32K in gross and our profit is going to be 16K.

0:20.3

We try not to use the word passive income too much. If your business, you know, relies on you being in it, then you don't have a valuable business. Your second born kid on title, a drop of blood. And then they still want to bring up. Justin and Ashley Eaton, long time coming. Welcome to the Action Academy podcast. How you doing? Good, man. I appreciate

0:38.2

you having us on. Longtime listener of the show. I read your book when I first came out and

0:42.0

nothing but good things that come from the show. We're excited to be on. Yeah, thanks so much

0:45.4

for having us. I love having entrepreneurial couples on the show because you guys are able to

0:50.3

add so much more depth of value to the listener because you have so many spouses

0:56.8

or so many partners that maybe one person is super deep into entrepreneurship and investing.

1:01.5

The other person is like, what the heck is going on? And so so excited to dive deep into

1:06.1

y'all's entrepreneurial and investing journey together. But first, let's start with the current

1:10.0

portfolio.

1:14.6

Where are we at today and what are we discussing on this episode?

1:21.2

Yeah, absolutely. So we're heavy into the laundromat acquisition game right now. We are building our fourth store. We should be opening in the next month or two. We've been under contract for

1:25.2

our fifth store since November. that has yet to close.

1:28.2

And so we're hoping, we're hopeful that one's going to close sooner than later, but TBD.

1:32.6

And that's kind of where we're at this point with the laundromats.

1:34.5

And then we also have five rental properties. And then we have our single family that we live in.

1:40.1

So we own six properties. Beautiful. Now, Ashley, let's start with what got you guys into

1:46.4

rental property investing and real estate investing in general because you guys have a very

1:50.9

interesting perspective and really, and you're really in alignment with kind of what we talk about

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Brian Luebben, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Brian Luebben and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.