Register free!
Search
 
     

The Green Industry's Resource Center


Click for Weather
Reply
 
Thread Tools Display Modes
  #1  
Old 03-24-2006, 10:12 AM
daveintoledo's Avatar
daveintoledo daveintoledo is offline
LawnSite Silver Member
 
Join Date: Mar 2005
Location: northwest ohio
Posts: 2,590
may have to sell my toro z due to family illness

not sure yet, but i may need to help with the cost of a temporary nursing home for a family member.... which means i might have to sell my main piece of equipment....ive been offered close to what i paid for it....

this means one step forward, two steps back... i may have to resort to my old lawn tractor to do the accounts the first half of the year till i can get another z or a good walk behind... (kind of a long day with 2 or 3 acres......

man this really sucks, but family comes first so... it may be a long season for me after such a great year last year and all the positive response to this years advertising......


thanks for letting me vent... small chance it wont come to this....
__________________
owner operator of lawn care, landscaping, and snow removal company
completely legal and insured
7 years in business
6 full time
Reply With Quote
  #2  
Old 03-24-2006, 10:47 AM
TLS's Avatar
TLS TLS is offline
LawnSite Fanatic
 
Join Date: Jan 2000
Location: N&W Philadelphia Suburbs
Posts: 7,938
Sounds like a bad situation to be in....

Though, I think selling a money making piece of equipment isn't the best idea.
__________________
TLS
2004 GMC 2500HD Reg Cab BOSS 9.2 V-Plow
2013 eXmark LazerZ X-Series 60" 34hp EFI (RED) Kohler
2006 Hustler SuperZ 28EFI 60" Power Chute Design OCDC SOLD!
Perma-green Magnum
1996 48" SCAG Belt WB 14hp Kawasaki Classic Deck
Echo 2 strokes PB-755 & SRM 280
Eastman WM20H 20" Commercial Push mower (NEW for 2013)
Commercial Lawnboy trim mower 3-FOR SALE!http://www.lawnsite.com/showthread.php?t=424203
Solo since 1980
Reply With Quote
  #3  
Old 03-24-2006, 11:41 AM
cpritch's Avatar
cpritch cpritch is offline
LawnSite Member
 
Join Date: Jan 2006
Location: Eudora, KS
Posts: 77
Dave - does the family member not have insurance, or the right kind of insurance?

Anyway, I agree, I wouldn't sell your equipment. There are other ways to obtain the $$ needed. Have you talked to your bank about taking out a low interest note? You could use your equipment as collateral against the note if needed. I don't know all of the details of your situation, but is there any possibility of working out payment arrangements with the hospital/nursing home?

Do you own your own home? If so, maybe a Home Equity Line of Credit would be possible?? If it were me, I think I would exhaust every possible avenue for obtaining the money before selling my equipment. Your equipment is what will keep you rolling even if you have to take on some of this debt. . .

Good luck to you, I hope everything comes out okay, for both you and your family member. Hang in there!
__________________
Prove to yourself that you can do it. Prove that you were always who you thought you were, not who they said you had to be.
Reply With Quote
  #4  
Old 03-24-2006, 01:16 PM
daveintoledo's Avatar
daveintoledo daveintoledo is offline
LawnSite Silver Member
 
Join Date: Mar 2005
Location: northwest ohio
Posts: 2,590
options

im waitng to hear from a bank now.... but my credit is permently screwed from a school loan..... i suppose i could sell the boat...i have a 24 ft bayliner trophy that is completly paid for..... but could take a while to sell... and the money is needed fast....

maybe ill get some suprising news from the bank....
__________________
owner operator of lawn care, landscaping, and snow removal company
completely legal and insured
7 years in business
6 full time
Reply With Quote
  #5  
Old 03-25-2006, 04:30 PM
daveintoledo's Avatar
daveintoledo daveintoledo is offline
LawnSite Silver Member
 
Join Date: Mar 2005
Location: northwest ohio
Posts: 2,590
good news...

my no account cousine, actually came up with the money... its his mom, my aunt, and my god mother...... no to little insurance, needs about 3 to 5 weeks in a nursing home....


but all is good, the family all pitched in and came up wiht the money.....
__________________
owner operator of lawn care, landscaping, and snow removal company
completely legal and insured
7 years in business
6 full time
Reply With Quote
  #6  
Old 03-25-2006, 04:41 PM
grasswhacker's Avatar
grasswhacker grasswhacker is offline
LawnSite Gold Member
 
Join Date: Mar 2004
Location: Lexington, KY
Posts: 3,873
Quote:
Originally Posted by daveintoledo
my no account cousine, actually came up with the money... its his mom, my aunt, and my god mother...... no to little insurance, needs about 3 to 5 weeks in a nursing home....


but all is good, the family all pitched in and came up wiht the money.....
Dave, sorry to hear about your aunt and glad you didn't have to sell your mower. 3-5 weeks in a nusing home can be quite expensive, too bad she can't have a temp. nurse take care of here at home.
Reply With Quote
  #7  
Old 03-26-2006, 06:01 AM
stuie's Avatar
stuie stuie is offline
LawnSite Member
 
Join Date: Jul 2004
Location: Sydney Australia
Posts: 206
Good news Dave.That would be a real setback to sell the Toro.Suprising how families pull together when its a crisis.
Best wishes to your aunt on a speedy recovery.
Reply With Quote
  #8  
Old 03-26-2006, 07:47 AM
Pro-Scapes's Avatar
Pro-Scapes Pro-Scapes is offline
LawnSite Platinum Member
 
Join Date: Apr 2005
Location: South Mississippi
Posts: 4,224
Hope all goes well dave. Your in our thoughts and prayers and may she recover well.

I do agree tho your mower brings in your bread and butter. Without it your like a musician with nothing to play. Sure your old lawn tractor may of gotten the job done but what happens if you get busier?

One thing i have learned is it RARELY pays to sell tools or equipment.
Reply With Quote
  #9  
Old 03-26-2006, 08:55 AM
maintenanceguy maintenanceguy is offline
LawnSite Member
 
Join Date: Jan 2006
Location: NJ
Posts: 156
Never sell your way of making money to get a little money.

The worst that happens if there's no money to pay for medical care is there are bills left over at the end. No hospital is going to withhold care for non-payment.

If the family had no money for care, (it happens all the time) they'll tap medicare, medicaid, charity care, or just bill the patient later realizing they may not get paid.

No hospital will throw out anyone who needs care. Even if a stay in a nursing home is required, they'll find a way to do it. You'll be told that you have to come up with money, they'll want you to mortgage the patient's home and go through all sorts of other stuff to try to get payment (and they should). But bottom line is they won't withold care.
Reply With Quote
  #10  
Old 03-26-2006, 09:00 AM
QualityLawnCare4u's Avatar
QualityLawnCare4u QualityLawnCare4u is offline
LawnSite Gold Member
 
Join Date: Jan 2004
Location: Waycross. Georgia
Posts: 3,761
Dave, I feel your pain as I am in sort of the same situation. However, you do what you have to do as family does come first.
__________________
John deere 717A
Echo 200 edger
sthil 85 hand held blower
echo hedge clippers
echo long pole hedge clippers
Redmax weedeater
echo 650 BP blower
6 x 16 trailer
5 x 8 trailor
2001 Chevy LS Silverado
Polaris Sportsman 500 AWD ATV
last but not least, TWINS!
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump





Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Copyright ©1998 - 2012, LawnSite.comô - Moose River Media
All times are GMT -4. The time now is 09:51 PM.

Page generated in 0.10465 seconds with 9 queries