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I want to buy some karaokes to rent out

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21elnegocio

WholeFlips Wholesaling Houses Virtually
LEGACY MEMBER
Joined
Feb 28, 2012
Messages
571
Location
Downtown Phoenix, AZ
Ok so in Mexico these karaokes that include disco lights, and smoke machine inside, with modern music started getting real popular ! They arent the regular karaokes that are sold here in the eletronics stores. This karaokes cost anywhere from $1,400-$1,600 USD. They are rented out for around $100-$150 depending on the location where they are going to be dropped of. I know two guys doing this here, its pretty new here. Would it be a good thing to invest in one maybe two to rent them out ? people usually rent these for family reunions partys, graduations, weddings etc. Mostly hispanics like I said. So im guessing if I was to get one it would be rent out maybe three times out of the week ? What do you guys think ? Do this machines loose value ? if yes it would be pretty much the might as well keep my money right but how do I know if they loose value ?

Looking to go buy one down to the border maybe this weekend
 
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