433: Simple, Local Cash Flow: Are Laundromats the Ultimate Side Hustle?

Published: Feb. 25, 2021, 10 a.m.

b'Are laundromats "the ultimate side hustle," like my guest Jordan Berry described?\\nThese simple, local, cash-flowing businesses have been around forever, but surprisingly this is the first time discussing them in detail on the show.\\nClick here to join Side Hustle Nation for free!\\nJordan is a former pastor turned laundromat mogul. Along the way, he\'s become an advocate for the industry through his website and podcast at LaundromatResource.com.\\nJordan got the idea to buy a laundromat after his wife told him about a family friend quitting his day job in tech after buying one.\\nIt wasn\\u2019t just the income potential that intrigued Jordan. He wanted a business that would generate passive income -- and yield better returns than real estate.\\nJordan has been able to achieve both of those things through buying laundromats.\\xa0\\nTune in to hear:\\n\\nwhy a laundromat makes a great side hustle and investment vehicle\\n\\nsome of the expensive mistakes to avoid\\n\\nwhere to look for financing and some creative marketing and monetization ideas\\n\\nHere\'s a look at the 10 most compelling reasons why owning a laundromat is -- according to Jordan -- \\u201cthe best investment you can make."\\nFull Show Notes: Simple, Local Cash Flow: Are Laundromats the Ultimate Side Hustle?\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'