Recently I bought a 28 foot fifth wheel trailer. It cost me $5,000, used. I thought I might like to travel around this summer.
Then the gas prices... well you know. I pull it with a 8 mpg Ford which came with the fifth wheel.
I parked the trailer on a small ranch I own in the wine country north of S. F.
This weekend I rented the trailer to a very happy carpenter for $700 a month. Not much to rent up there at that price. Close to town and beautiful views on ten acres that he will have mostly to himself, since I only use the ranch house up there about twice a month.
He will act as a caretaker and I will pay him for repair work around the place and a barn I hope to add.
What an unsuspected surprise out of a downer oil price hike.
Real estate got to love it. Let's see, what is the return on that $5,000 investment.
Whew.
boont
Then the gas prices... well you know. I pull it with a 8 mpg Ford which came with the fifth wheel.
I parked the trailer on a small ranch I own in the wine country north of S. F.
This weekend I rented the trailer to a very happy carpenter for $700 a month. Not much to rent up there at that price. Close to town and beautiful views on ten acres that he will have mostly to himself, since I only use the ranch house up there about twice a month.
He will act as a caretaker and I will pay him for repair work around the place and a barn I hope to add.
What an unsuspected surprise out of a downer oil price hike.
Real estate got to love it. Let's see, what is the return on that $5,000 investment.
Whew.
boont