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Re: Another Property

By: Decomposed in POPE 5 | Recommend this post (0)
Mon, 25 Mar 19 5:47 PM | 84 view(s)
Boardmark this board | Pope 5 		Msg. 28721 of 62138
(This msg. is a reply to 28720 by Decomposed)
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Re: "B&B"Bed & Breakfasts do not do well unless they are located next to major attractions: Ski resorts, large towns, etc. I know this from experience. My brother owns one of the biggest B&Bs in the area. Business has been poor, and it's very difficult to find and keep competent help.




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

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The above is a reply to the following message:
Re: Another Property
By: Decomposed in POPE 5
Mon, 25 Mar 19 5:34 PM 		Msg. 28720 of 62138

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Re: "You should buy this. WHY? You could turn it into a B&B and have you a tourist and vacationland place and let other people pay for it...."No, I shouldn't buy it. I'm already spread thin with two properties that don't cash flow. I'm envious of this new house's size (nearly 6,000 sq ft!) and the fact that it's ready to be lived in, but in the long run I'll be happier on my bigger property that will have a 3,000 sq ft MODERN house and a 3,600 sq ft barn/warehouse/garage. My property is more isolated than this one, has a real brook, and has a view that, IMO, is *unsurpassed*.

YOU should buy it!!! I'd love to have an ally here.


Re: "Does it come with the horse? Is there more than one? That is some kind of ugly wallpaper in that room. Lots of natural wood inside. Itwold take a LOT to heat that place in the winter months though and lots of work to keep the outbuildings and property maintained. The price is cheap for the acreage alone much less all the buildings and the main dwelling."The ad doesn't say that it comes with the horses, farm equipment or furnishings, so I'm sure that it does not. Perhaps they could be negotiated for... I don't know. BUT I DON'T WANT HORSES. They're a lot of work and they're expensive.

I agree with you about the ugly wallpaper. Some of the linoleum is awful too. It's very '70s! But, you know, that kind of thing would not dissuade me from buying. As for it taking a lot to heat the place, I think it comes down to what sort of renovation work the current occupants have done. They've obviously done a lot. Maybe they put in new windows and insulation. If they haven't, then you're right.

I agree with you about the price being cheap. If the forest hasn't been harvested in a while, a lumber company may be willing to pay $75k or more to log it while leaving enough trees that it would still be nice. Many people with forested land do just that to get a little cash and the free roads that logging companies build when they perform their work. I'm sure they can also be instructed to plant new trees.

Re: "Unfortunately, I could not stand to be in a state that has Bernie the mad socialist as its Senator which means that is how the majority of people there feel."Neither could I. Bernie Sanders is *NOT* New Hampshire's Senator!!!!!

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