#74 We Made $1M in 8 Months… Should We Sell or Keep Our Laundromat?

Send us Fan MailWe took a completely run-down commercial building and turned it into a fully remodeled laundromat from the ground up. After 8 months, over $1.25M invested, and multiple delays with the city… we’re finally ready to open.But now comes the real question: Do we keep it and potentially make $10K/month… or sell it for a $1M profit?In this podcast, we break down:- Total project cost vs potential sale price- Real laundromat income projections (conservative vs aggressive)- Why “passive income” might not be so passive- The real workload behind owning a laundromat- How we’re thinking about reinvesting through a 1031 exchangeThis is the reality of building a business vs flipping for profit—and the decision isn’t as obvious as you might think.Watch the video: https://www.youtube.com/watch?v=exOlN8Qn6-EJuan is a Licensed California Real Estate Broker that has acquired his Certified Commercial Investment Member (CCIM) designation and a Real Estate Investor who is dedicated to helping people build wealth and financial independence through real estate investing. Website: www.SageREGroup.comPhone: 562-307-0838Instagram: https://www.instagram.com/multifamilylongbeach/Facebook: https://www.facebook.com/SageRegroup/LinkedIn: https://www.linkedin.com/in/juanhuizar-sagerealestate/YouTube: www.youtube.com/sagerealestateBRE 01417642​​​