

Whitney Elkins-Hutten, a successful real estate investor who has transitioned from active to passive investing, discusses car wash investing and how it can be a great asset class for investors. She shares her journey from being an accidental rental property owner to building wealth through rentals and flipping properties. Additionally, she talks about depreciation and paper losses for passive real estate investors and how cash flow can benefit those who invest in car washes. Finally, she touches on topics such as mitigating expenses by updating equipment to save energy and money, using technology to pre-program subscription models, the potential of tax benefits when investing passively in a car wash, and how the market analysis should be done to determine potential supply and demand.
Tune in now to learn more about car wash investing from Whitney Elkins-Hutten!
[00:01 - 05:44] Opening Segment
[05:45 - 11:02] Unlocking the Potential of Car Washes: Cash Flow, Equity, Tax Benefits, and More
[11:03 - 17:09] Lowering Expenses and Increasing Income Through Technology: A Look at Car Wash Market Analysis
[17:10 - 23:10] Water Reclamation Systems and More Efficient Equipment
[23:11 - 28:29] Closing Segment
Quotes:
"Everybody says to start with why." - Whitney Elkins-Hutten
"There's multiple oil change places and lube facilities in town. Now with car washes, this is where we think it's fascinating because as the potential moves toward more electric cars, we'll see many of those facilities go away. But guess what? Electric cars still have to be washed." - Whitney Elkins-Hutten
Connect with Whitney!
www.PassiveInvestingwithWhitney.com
Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/
Track your rental property's finances with Stessa. Go to www.escapingwallstreet.com.
Join our Passive Investor Club to access passive commercial real estate investment opportunities.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.
633 episoder
Whitney Elkins-Hutten, a successful real estate investor who has transitioned from active to passive investing, discusses car wash investing and how it can be a great asset class for investors. She shares her journey from being an accidental rental property owner to building wealth through rentals and flipping properties. Additionally, she talks about depreciation and paper losses for passive real estate investors and how cash flow can benefit those who invest in car washes. Finally, she touches on topics such as mitigating expenses by updating equipment to save energy and money, using technology to pre-program subscription models, the potential of tax benefits when investing passively in a car wash, and how the market analysis should be done to determine potential supply and demand.
Tune in now to learn more about car wash investing from Whitney Elkins-Hutten!
[00:01 - 05:44] Opening Segment
[05:45 - 11:02] Unlocking the Potential of Car Washes: Cash Flow, Equity, Tax Benefits, and More
[11:03 - 17:09] Lowering Expenses and Increasing Income Through Technology: A Look at Car Wash Market Analysis
[17:10 - 23:10] Water Reclamation Systems and More Efficient Equipment
[23:11 - 28:29] Closing Segment
Quotes:
"Everybody says to start with why." - Whitney Elkins-Hutten
"There's multiple oil change places and lube facilities in town. Now with car washes, this is where we think it's fascinating because as the potential moves toward more electric cars, we'll see many of those facilities go away. But guess what? Electric cars still have to be washed." - Whitney Elkins-Hutten
Connect with Whitney!
www.PassiveInvestingwithWhitney.com
Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/
Track your rental property's finances with Stessa. Go to www.escapingwallstreet.com.
Join our Passive Investor Club to access passive commercial real estate investment opportunities.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.
633 episoder
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