OldSchoolBoats
No Bad Days
- Joined
- May 8, 2014
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So some friends of ours recently picked up a bumper pull travel trailer, brand new. OTD it was like $40K. Super nice and it got me thinking...............
Now that I have the Super Duty, I want to put it to work and I was thinking of picking up a travel trailer too. My plan would be to use it a few times a year with our family and then rent it out on Outdoorsy the rest of the time. If my calculations are correct, I would only have to rent it 5 nights a month to be in the money after subtracting loan payment, storage fee's and maintenance. All profits would go toward paying off the loan and then once it is paid, buy another and do the same thing.
Wife says I have too much going on right now to start another business, but I really think that this is a good idea. What are the inmates thoughts??
Now that I have the Super Duty, I want to put it to work and I was thinking of picking up a travel trailer too. My plan would be to use it a few times a year with our family and then rent it out on Outdoorsy the rest of the time. If my calculations are correct, I would only have to rent it 5 nights a month to be in the money after subtracting loan payment, storage fee's and maintenance. All profits would go toward paying off the loan and then once it is paid, buy another and do the same thing.
Wife says I have too much going on right now to start another business, but I really think that this is a good idea. What are the inmates thoughts??