How Alyssa Mouton Bought a Laundromat With Seller Financing

Don't believe the word passive in business. Passive, this is my opinion, but passive doesn't exist. If you want something to grow and you want something just to flourish, you have to be there putting in work. A lot of people in the laundromat industry, for example, say that, "Oh, yeah, I just want a passive business." No. You're gonna be rolling up your sleeves, you're gonna be handling dirty laundry, you're gonna be cleaning bathrooms. It's not passive. Nothing is passive, especially if you want it to grow. So if you see the word passive-

A hundred percent

... veer away. [chuckles]

Welcome to The Real Estate Pros Show, where we interview real estate investing professionals from coast to coast, as well as the service providers that serve the real estate investing industry. Our goal is simple: share what's working now to help you improve and scale your business to the next level, and meet the pros that can help you get there. Real Estate Pros is powered by Investor Fuel, America's leader in helping real estate investors and professionals build the business you need to live the life you've always dreamed of. Let's start today's show. Welcome back to another episode of The Real Estate Pros Show. I'm your host, Cesar Hanna, and today we have Allisa Moulton here to share her knowledge with us. Allisa, welcome to the show.

Thank you for having me. I'm so excited to be here.

I'm so excited to have you. You're not in our wheelhouse usually, right? This is a real estate investor show, but you are an entrepreneur, and you're a good one at that. So you've been able to build or acquire a laundromat that, that's doing killer business, and you've been able to scale it from that one laundromat into so many different things. So with that, for our viewers at home, can you kind of give them a rundown of a day-to-day in Allisa's world?

Yes. A day-to-day in Allisa's world is wake up bright and early, check emails, because I also r- have a consulting business, so check emails and make sure that I'm on top of things, see what my meetings are for the day, and then it's straight into laundromat world. Laundromat world means right now we're short on a driver, so I am doing our laundromat pickup and delivery service until we attain a driver. And that's done for a few hours, deliver everything to the laundromat, and then I come here and I have podcasts with wonderful people like you, and I have my consulting meetings. We have a attendant that's there that services the laundry, so that allows me to step away and take care of what I have to take care of at home.

I love that. An owner/operator, roll your sleeves up, deliver, pickup and deliveries. Uh, I'm loving it. That's what it takes to be a successful entrepreneur, especially in your first business, right? Uh, but I wanted to get into the way you acquired this laundromat, right? 'Cause you were able to do something that a lot of people a- don't think about. So, uh, can you kind of tell my viewers a little bit about how you acquired this laundromat and how it was so effective?

Absolutely. There is something that's very timeless about written letters, or just letters in general going to people's mailboxes. So I, whenever I was