Have you ever wondered how people achieve financial freedom through the laundromat business? Today, we’re excited to have Jordan Berry, who is at the forefront of the laundromat industry, as an expert in helping investors find high cash flows and financial freedom through buying laundromats and pursuing commercial real estate investing. As an industry expert, Jordan shares his remarkable journey of starting with zero experience and knowledge and ending up with a multi-million portfolio of laundromat businesses.
Jordan’s journey began after he spent 15 years as a youth pastor and wondered how to start his financial independence journey. Tune in to learn how Jordan navigated his series of expensive mistakes when buying a fixer-upper and how to avoid the same rookie mistakes. From spotting the signs of a profitable laundromat investment to understanding the industry, this episode is perfect for anyone ready to jump into a high cash-flow business today!
Since his first purchase a decade ago, Jordan now leads a community of laundromat investors with actionable advice and strategic networking opportunities to expand portfolios in the commercial real estate sector. So, if you’re ready to stop wasting time and start taking action, tune in to embark on the path toward financial freedom through the exciting world of laundromat entrepreneurship.
—
Watch the episode here
Listen to the podcast here
Podcast Highlights:
[5:10] From a Youth Pastor to Financial Freedom
[8:50] Getting Into the Laundromat Business
[11:45] Rookie Mistakes to Avoid When Buying Businesses
[17:55] How to Know if a Laundromat is a Good One
[19:25] Fixer-Upper or Stable Business?
[22:40] Jordan’s Experience With Buying a Fixer Upper
[26:35] Getting Into the Laundromat Niche
[31:10] A Glimpse Into His Laundromat Deal Structure
[34:20] Plans for Scaling in the Laundromat Industry
[36:05] Advice for Anyone Wanting to Buy a Laundromat
[43:50] Finding a Community of Laundromat Owners
[49:25] On Cash Flow Versus Appreciation
[53:45] How You’re Wasting Your Time Right Now
—
Important Links
HOSTS
Craig Curelop
📸 Instagram: https://www.instagram.com/thefiguy
📘 Book: https://store.biggerpockets.com/products/the-house-hacking-strategy
🏘️ Buy Real Estate: https://bit.ly/3V3QDze
Chad Rocke
💼 LinkedIn: https://www.linkedin.com/in/chadrockerealtorinvestor/
📸 Instagram: https://www.instagram.com/da_rock_22/
🏘️ Work with Chad: https://www.thefiteam.com/team/chad-rocke/
GUEST
Jordan Berry
📸 Instagram: https://www.instagram.com/laundromatresource/
💼 Linkedin: https://www.linkedin.com/in/jordan-l-berry/
💻 Website: https://www.laundromatresource.com/
🎧 Youtube: https://youtube.com/laundromatresource
🎙️Podcast (Apple): https://podcasts.apple.com/us/podcast/the-laundromat-resource-podcast/id1511136385
🎙️Podcast (Spotify): https://open.spotify.com/show/3B65QIITsltsJSiMZqrNkc
📱Facebook: https://www.facebook.com/TheLaundromatResource/
🗣 Twitter: https://twitter.com/LaundryResource
Check out the recommendations here:
🔗 Affiliate Links
- Don’t miss out on resources of great value for real estate starters. Visit FITeam’s website! — https://www.thefiteam.com/
- Check out his book recommendation here:
- The Road Less Stupid by Keith J. Cunningham – https://a.co/d/8FIpJEf
