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All Forum Posts by: Vilas Tulachan

Vilas Tulachan has started 1 posts and replied 2 times.

Rehabbing & House Flipping

Post: Delaware Basin: vacancy rate and unemployment rate in West Texas

Vilas TulachanPosted
  • Denver, CO
  • Posts 2
  • Votes 0

Thanks all for your response and sharing your wisdom. With the oil price still on the downward trend and with prediction from the experts that it will stay low beyond 2016, I see this as a big risk. If the companies have rented space for couple of years then it might be OK. I was hoping to hear from RV park owners in West Texas to get their take on the state of things. Thanks again!

-- vilas

0 Votes
Rehabbing & House Flipping

Post: Delaware Basin: vacancy rate and unemployment rate in West Texas

Vilas TulachanPosted
  • Denver, CO
  • Posts 2
  • Votes 0

I wanted to hear from folks in the West Texas region regarding the RV parks vacancy and unemployment rate with the current oil price being so low. I'm evaluating at a RV Park purchase and they claim it's 100% occupied and since it is in Delaware basin it's not affected by the current oil price but won't share the current P&L until I get it under contract. So I'm interested in getting some actual feedback from the ground since I'm out of state. Thanks!

-- pvt

0 Votes