Real estate has been generally good to me over the past 35 years. While in the lumber business, moonlighting and for briefly full time, I've built several spec homes, remodeled houses and developed a small subdivision on a former Christmas tree farm on the edge of town. My most successful investment I started was in 1989 and I just sold this business about a year ago. Was a small town self storage business of 74 units. Basic 30 x 100 post frame buildings, roll up doors, concrete floors with vapor barriers and security lights. No climate control. Had good monthly cash flow and, unlike rental houses, there was no heat, water heaters, furnaces, plumbing fixtures or utility liens, no section 8 headaches and it was "diversified in risks" - in other words if someone was late or didn't make a payment and I was almost fully rented out, plenty others WERE on time with their payment thus I didn't have to sweat making my mortgage and electric bill that month just because 1 or 2 people didn't didn't pay me on time. Just used an answering machine and returned peoples calls after I got off work. Met with them evenings and on weekends to do the contracts.
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Today's Featured Article - Oil Bath Air Filters - by Chris Pratt. Some of us grew up thinking that an air filter was a paper thing that allowed air to pass while trapping dirt particles of a particles of a certain size. What a surprise to open up your first old tractor's air filter case and find a can that appears to be filled with the scrap metal swept from around a machine shop metal lathe. To top that off, you have a cup with oil in it ("why would you want to lubricate your carburetor?"). On closer examination (and some reading in a AC D-14 service manual), I found out that this is a pretty ingenious method of cleaning the air in the tractor's intake tract.
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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