I bought a laundromat and only spend 1 hour a week managing it. It's an easy, hands-off secondary income stream — here's how I got started.

• Brandon Schlichter is a real estate investor who owns a laundromat in Chillicothe, Ohio.
• He only spends one hour per week managing it and brings in $3,500 a month.
• He explains why managing a laundromat is easier than other ventures like restaurants.

This as-told-to essay is based on a conversation with Brandon Schlichter, a real estate investor who manages a laundromat in Chillicothe, Ohio. Insider has verified his income with documentation. The following has been edited for length and clarity. 

I got my real estate license in 2006 and have been a full-time real estate investor for 10 years. Back in 2016, a business associate of mine invited me to go look at a laundromat.