The Most Overlooked $10K/M Business Anyone Can Start

79 thoughts on “The Most Overlooked $10K/M Business Anyone Can Start”

1. If you want Kyler’s full training, repair tips, sourcing strategies, and templates, check out his community at http://Applianceskool.com or find him at https://www.youtube.com/@kytheapplianceguy

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   1. chris, i have an idea i’d love to bounce off of you to see if you think it’s viable. may i give you my email address??

   2. I like this thought of this. pretty easy it sounds like. My only question is with the door flyers. Why wait til you rent to someone in an apartment complex to hand flyers? Dude already pretending to be a property manager. Now pretend to be a searching tenant. Start calling the apartment complexes in the area as a searching tenant and ASK if the provide a washer and dryer in the unit or if they even have hook ups available in the units!?

   3. @@coreyphilip7856 Someone didn’t watch the video and hear the time investment that was given, sure he could be lying about that but why would he?

   4. No thanks too pricey for me

   5. Hahahaha now it all makes sense. So he’s just another POS course seller? 😂 BOOOOOOOOO

2. Man, this guy is really “cleaning” up! I love business models like this that are just “rinse and repeat”! “Loads” of opportunity here!

   1. Your pun game is spotless! 😆

3. I saw your podcast episode with him for this and I LOVE this IRL format. So much more immersive to see the day in the life, love all the B roll as he’s describing how things work. Stellar format

   1. Thank you David!

   2. I agree

4. Insane idea and execution. Finally a video of someone bagging up in a simple rinse and repeat and not pretending they’re a CEO and talking in complex terms.

   1. Rinse and repeat 😂😂

   2. This guy is dumb af, what do u think is going to happen to those machines in like a yr? Done n dusted n people arent going to give u back the machines or keep paying u after a couple months

   3. @@KuchikiNAdude who cares? He made his money by renting the machines out already.. and he is making passive income? He is making money by literally just dropping those machines and call it a day!

   4. Exactly

   5. Rich spoiled Utah brat that’s never felt a consequence in his life… yeah. This is like his lemonade stand… mommy pays for the lemons and the sugar but he keeps the quarters. If it doesn’t work out, he can always try again. Not like he has to worry about risk. BOOTSTRAPS YALL. 🙄

5. The reason that this business model works is not because its a good idea to rent vs. buy an appliance… its because people are not capable of picking up, installing, and maintaining appliances. That is the real service here.

   1. Then why are they renting instead of buying with install? This machines usually work without maintnance for at least few years..

   2. @@MrHardzio4Funif it stops working he will replace them. They don’t have to worry about calling a warranty company or having to go buy a new one. It’s a peace of mind thing

   3. ​@@killerksvideos You are right. It’s so surreal for me to always be worried about your washing machine.

   4. @@MrHardzio4Fun It’s Utah. A lot of people don’t live there forever they stay there for short term work and leave back to California or Florida or wherever it’s nice and warm year round. So it makes sense to just rent an appliance set for a few months or a year or two.

   5. What do you do after the deadbeat dont pay. People where I live are scammers and most if not half would pay the first month then keep your stuff forever!

6. I have run a rental business like this prior but had alot of issues with renters not paying and basically locking you out after they decided they wanted to pay once and never pay again. Wondering how these issues were tackled or Utah just has a ton of honest people

   1. Haha exactly

   2. That is why you get a real contract and let all customers .. Sign such.

   3. You hit the nail on the head, Utah has a ton of honest people. Where I live you would never be able to reimburse the original costs let alone make a profit, it would be inital payment and then 👻

   4. If you get the washer dryer for free and rent it just one for $50 at least you made something

   5. Lol we do 😂

7. Posted and in 10 minutes I have an appointment tomorrow for install.

   1. Did you get it done?

   2. Same! I’ve already got 4 lined up, and I’m on the way to install one right now

   3. 2 installs ordered. Day 1

   4. Give us an update in 9 months. I have 100 sets in my shop. I can rent out 50 of them before bedtime tonight (that’s the easy part) if I wanted. Like I said… update us in 9 months.

   5. Where did you post your ad?

8. Im a former Rent a Center Assistant Store Manager, this is golden. I know exactly what he’s doing and the cash flow is real folks. People do rent washers and driers by the boatload. Its a necessity. Some people cant come up with 900 buck in one sprint. So what do you do? You rent. Ill give you 80 bucks a month because its better for me and my situation. The Credit game is a racket. Like auto insurance. Renting appliances will be increasing now because the economy is tight for most people right now.

   1. Why would someone choose to rent over pay over time? Only reason I see is credit issues?

   2. ​@@TheFishinMorticianpaying over time requires you to bring it with you when you move also only a set period for warranty where this offers free repairs for the duration of the rental

   3. CANADA wife and I just bought a house for $900k simple starter house in Toronto with all the upfront costs there is VERY little left over for minor reno ect ect PRIORITY was to finish 2 bedroom apt in lower level so we get $2400 a month rental income we had many purchases to make i can see why even some homeowners might RENT or if you might have work where you have to move every 2-3-4 years not worth to buy thinking about it

   4. How do you deal with repos

   5. @@TheFishinMortician because of the value add, free maintenance and repair with rental + convenience of cancellation at any time

9. I had rental homes and I would go on Craigslist and get free washers and dryers for my houses. I would also get free good furniture for the houses. If anything broke I just throw it out and put in another. Worked great.

10. what makes this funny is i see this being done in my area aswell same price and description but congrats to him on the hard work

    1. Thank you!

11. My cousin used to work (about 25yrs ago) for a man who did this – rent out washers and dryers. Business was making 6 figures. They find/get alot of free machines and fix them up – usually they were easy to fix. This was in Wellington, New Zealand.

    1. I was told by a repairman to stay away from the electronics if you can. I never use my dishwasher anymore. The electronics just quit from not being used. I always get my washers and dryers used if I can.

    2. Who usually rents it and for how long? How is it beneficial for the renter?

12. I like the idea of approaching small family appliance stores about becoming a delivery/installer guy for them.

    1. Exactly, make a few deliveries on your day off and be done with it. It’s a good way to make a few extra bucks until you can become profitable enough from this idea or something else.

    2. I’d approach this guy and ask to become his delivery driver and installer…lol That is is most demanding task. Besides maintenance occassionally. In which case he can just hire someone for a quick fix if he can just diagnose it himself. He can be completely hands off if he wanted to be.

13. Let’s just pencil this out. He has 120 sets at an average of $500 per set =$60,000 in machine cost.
    Rental cost per month
    =$60×120=$7,200/month
    Time to break even 8.33 months
    Total Yearly Revenue=$86,500 minus ad spend, insurance, and miscellaneous upkeep.

    Not a bad business if I’m being honest. Well done!!

    1. Yep but I bet he got the machines cheaper eventually,you start getting them for free after a while.indid the same business and never paid more than twenty dollars for a machine..people want upgrades and are happy for their old machines to be removed free of charge..A good idea is repair them as well.

    2. What happens when people move and take your appliances with them? Or just decide they aren’t paying you? How do you go about handling collections and confiscation?

    3. @@ChrisiCat-p9x When the washer cost $0-$50, and you’ve collected a yr’s worth of rental already, you just chelk it up. Not worth pursuing legal action.

    4. @@punstress But what if they haven’t paid a full years payment for example you installed and collected firsts months rent and they default on their payment on 2nd or 3rd month and ghost you. Now you haven’t even collected enough to break even, and to your point it’s still not worth the legal fees to pursue them, this could be bad if it’s happening at a high enough percentage, I’d imagine you would have to ad a barrier to entry and pull credit and report through collections, but even then it’s not great marketing and creating more friction to point of sale.

    5. yea until people jsut stop answering the door

14. I kind of figured this out 15 years ago, but nothing like this. Im a landlord of eight units. I figured if I made my apartments with washer dryer, I could keep my tenants longer. If they break, I fixed them. I usually buy sets for $200 and I rent them to my tenets. It’s a win-win. This kid is a genius. I didn’t see any of this. I am blown away. I can’t stop thinking about this. Thank you thank you

    1. I’m glad this resonated with you! Thanks for watching!

    2. You’re blown away because this is what the average person has to start out with now. Back after the 2008 recession ( about 15 years ago) houses were at the cheapest they had EVER been. So, it was a smart play to get into the land game then. It’s just not feasible for the average person nowadays in this market. To be fair, we are right around the corner of another housing market tank such as that again though.

    3. ​@@standeman32this is true… It’s the only reason I was able to buy a house. Bought at the bottom with good interest rates, not out of strategy but just the right time as far as our savings. Value ballooned in the last decade+ to triple in value.

       The main problem for most people, even if they see the opportunity, know it’s a great time to buy/invest, they often are living in the struggle themselves so they don’t have the money or security to spend a ton, just like everyone else. Sadly the rich are usually ready and continuously gobble up assets when the economy tanks. In fact, it often seems manufactured by the elites, purposely fudding/crashing the market temporarily to buy more so they can then take advantage of all us plebs lol. So as this admin destroys yet another economy, all those rich friends who are extra flush with all their shiny renewed tax breaks, they are ready waiting for the coming crash to steal up even more assets, more corporations buying up single family homes to inflate rental and home prices even more, so to continue their cycle.

       Average working class people are playing with their hands tied behind their backs in this screwed up corrupted system.

    4. ​​@@standeman32What metric are you basing that statement on? (“Houses at the cheapest they’d EVER been”).

       That is not true if comparing to income, whether comparing to rent, whether based on monthly “affordability”, or inflation-adjusted.

    5. As they say Terry, greed knows no bounds. Even soulless mega-corp owned apartment complexes include appliances in the rent. You’re telling me you make them pay extra rent on top if they want those appliances? Like a rent tax? If so, that’s simply perverse.

15. When I was 14 years old I rented my neighbors one car garage for $50 a month. I was working at a VW/Porsche shop. I bought most of the cars that were being junked. I disabled the cars, & inventoried the good parts in the garage, I’d take the non working starter’s & generators to rebuilders for $. I did fix most of them, & I’d sell parts out of the garage with a one year guarantee. I bought my first house when I was 18 years old, I did have three full time part time jobs. I used my money to make money. I made money with that first house. Everything I own I own without debt.

    1. Thank you for this insight. I’ve always been hesitant to invest because of how challenging the economy is and the constant pressure of paying bills and buying groceries. But now, I realize I need to start thinking more about investing in my future rather than just focusing on my immediate needs.

    2. I’m 45, I’ve always been the kind of person who admires those who are wealthy. Since we’re sharing advice, could you tell me what I can do to become wealthy? I work multiple jobs just to keep up with bills and my daily expenses.

    3. ⁠ I’d recommend getting a financial advisor if you’re serious about growing your wealth, rather than starting with guesses. They’re not as expensive as you might think and have a much better understanding of the market.

    4. Choosing to work with an investment advisor is currently one of the best strategies for navigating the stock market, especially for those approaching retirement. I’ve been consulting with a financial coach Mr.Lee Davis for some time now, and my portfolio has grown by 95% since 2020.

    5. Without a doubt! Mr. Davis has been my financial advisor ever since I lost my job. He has an exceptional skill for analyzing market movements and spotting profitable opportunities. His strategies are meticulously crafted based on thorough research and years of practical experience.

16. When grandpa retired in 1989 he started getting free/broken washers and dryers, fixing them and selling them in his driveway. He always had folks wanting him to take old appliances.

    1. My Father does this right now. Sometimes during a sale, the people just give him the old appliance, which he also flips. 😊

    2. Does he live in Louisiana?

17. I was a young mom barely scraping by, living in Moreno Valley, CA (ghetto desert town), and came across a free washer dryer set on Facebook. Messaged the seller, told them my situation, and he delivered them and set them up for me for free. This was my first apartment I was paying for myself, and the second appliance I ever “bought” in my life.

    You can not understand the joy and pride in having your own clean clothes for yourself and your babies unless you have been through a situation where you rely on going to a laundromat or homeless shelters for clean clothes. It is a truly life changing.

    1. ^ This.

       I set up a rental up this weekend and people were looking to rent to own and I looked up the cost for a used washer, that was strictly worse cost wise. It was $25/week, for a washer that will break. 25 PER WEEK. They’re literally redlining access to clean clothes I was pissed off.

    2. @@simbaonsteroids8836 What about asking your bank if they will give you a loan for a washer? It should be a much lower interest rate than a credit card. If your income is direct deposited into your bank its hard to think that they wouldn’t give you a small loan for that.

    3. Very nice, mo val makes sense for the type of customer this could appeal to for sure. Spanish speaking is probably a necessary skill for that person.

18. I had a room mate in college who, at 12 years old, bought a filthy old soda vending machine. Cleaned it up and found a local show willing to let him install it in their break room. Rather than name brand soda, he loaded it with more unique drinks, and it was a huge hit. By the time he went to college, he had over 300 soda and snack vending machines, no cost to the shoo, he just made profit on the sales. Paid his 4 year tuition to NAU, and he probably still has them making money today.

19. My boy even speaks spanish. You are one of a kind kid. Good for you hope many more great things come your way.

    1. He shouldn’t. He’s selling out his country for $.

    2. Really, he’s your son? 😮

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