Passive Real Estate Strategies

Creating High-Margin Laundromats While Making Your Impact With Ken Wimberly

September 21, 2022 Justin
Passive Real Estate Strategies
Creating High-Margin Laundromats While Making Your Impact With Ken Wimberly
Show Notes

Ken Wimberly, Ken is the founder and visionary behind Legacy of Love and KW Net Lease Advisors a CRE brokerage in Fort Worth, TX. And, founding member of Laundry Luv, a chain of laundromats with the mission to educate, equip, and inspire those in the communities they serve.


Timestamps
[00:25] Intro
[01:39] Ken’s entry into the laundry business
[06:37] The Laundry Luv; how Ken and his team run business differently from the rest
[09:16]  How and where does Ken’s business have a competitive advantage?
[09:59] Cost-saving strategies that Laundry Luv leverages
[11:48] Metrics to observe when deciding the perfect location for a laundromat (or quite frankly, any business)
[13:17] An approach you can take for ensuring your environment is favorable 
[14:10] Ken’s due diligence checklist 
[16:40] What’s in store for Ken’s future? Listen in as he shares his vision for a laundry empire as well as his side hustles

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Connect with Ken Wimberly;

Website - https://www.laundryluv.com/ 

Linkedin - https://www.linkedin.com/in/kenwimberlyccim/ 

App        - https://legacyjournal.app/ 

Email     - ken@legacyoflove.app