The Work House

Reader Contribution by Suzanne Cox
Published on June 12, 2013
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In the summer of 2011 when Andrew and I first found the property we now call home our biggest concern was how to make the payment. The land was beautiful; the ponds clean and full, with a nice big barn on the back and even a little office. On the front of the property on the road were two small singlewide trailers. We had originally been looking for five acres where we could build a home. Our house plans were already picked out, our down payment secure in the bank, all that was missing was the land. This property however was 24 acres and significantly more than we had designated for our land budget. After much thought and prayer, and many late nights spent bent over a notepad and calculator we decided the best decision for our family was to purchase this property and move a doublewide onto it for our family until we could afford to build that house. The land was much more important to us than the living arrangements, and this way we could use the rental income from the trailers to pay the land payment. Works in theory, but seldom does real life adhere to the rules set forth by my pen and paper!

The first few months after we moved things went smoothly. Just as we had planned, the rental income covered our farm payment. Then things began to go south. One of our renters had stopped paying the rent, and the other was causing us weekly grief with the police for their domestic arguments. So round #1 of renters didn’t work out so well, they were all evicted and the homes were made ready for new tenants. Round #2 of renters didn’t go much better, and after $2000 in repairs and $3200 in un-paid rent they were also evicted. By this time we were pretty discouraged! In fact, we were so aggravated by the whole thing that we simply sold off one of the trailers.Porches, poles and all it was sold and gone in two weeks. The sale of the trailer helped us recover much of our loss, and we once again started making improvements on the remaining trailer. Our next tenant went a little more smoothly, but after seven months they were gone as well. Our initial plan of being landlords was NOT going as planned!

Andrew and I love farming. We really enjoy being together with the kids as a family and spending our time outdoors working. This experience showed us that one thing we did NOT enjoy was being a landlord! So, the last few weeks we have taken a serious look at our goals, finances, and the direction in which we wanted to proceed with this empty trailer.

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