Trains.com

If you had the money...

11660 views
54 replies
1 rating 2 rating 3 rating 4 rating 5 rating
  • Member since
    October 2012
  • 234 posts
Posted by chad s thomas on Friday, August 29, 2014 6:43 PM

oltmannd

zugmann
If I had the money to buy a class 1, I wouldn't buy any if them. I'd go and enjoy the rest of my life without the stress, agrevation, or work of having to own a class 1.

+1 !

seems like a no brainer....Smile, Wink & Grin....+1 YesCool

  • Member since
    January 2001
  • From: Atlanta
  • 11,968 posts
Posted by oltmannd on Saturday, August 30, 2014 7:39 AM
If I had the money, I'd buy a private rail car and travel around on it.

-Don (Random stuff, mostly about trains - what else? http://blerfblog.blogspot.com/

  • Member since
    October 2012
  • 234 posts
Posted by chad s thomas on Saturday, August 30, 2014 7:51 AM

now THAT sounds like a plan Don Thumbs Up

  • Member since
    August 2005
  • From: At the Crossroads of the West
  • 11,013 posts
Posted by Deggesty on Saturday, August 30, 2014 1:21 PM

Don, that is what I have often thought of being a fine way to travel. Back before Amtrak began using the Superliners, it would have been wonderful to have one's own sleeping accommodations--and eat in the diner with other travelers. I planned, in my head, many trips, both before and after 4/30/71, whereby I could tour the country and visit friends and relatives, as well as see as much of the country as could be seen by rail. One advantage to such travel is going to bed and rising at decent times when leaving or arriving home.

Johnny

  • Member since
    August 2010
  • From: Henrico, VA
  • 8,955 posts
Posted by Firelock76 on Saturday, August 30, 2014 3:29 PM

I think I'd keep it small but sweet.  For example I'd buy into the "Steam Into History" organization, you know the folks that are running that 19th Century style railroad in York County PA?  I'd expand the fleet to several 4-4-0 types and figure a way to run the line straight to Gettysburg.  I'm a sucker for those gorgeous old "American" types of the Civil War era.

Or maybe, just maybe, I'd buy the Susquehanna line in New Jersey, get ahold of one or two of the six surviving Russian Decapods, restore 'em and run steam on the weekends from Bergen to Sussex Counties.  I rode one of the Susy-Q steam specials back in the '90s and it was a very scenic ride, especially when we got to the Skylands. 

  • Member since
    February 2012
  • 487 posts
Posted by rfpjohn on Saturday, August 30, 2014 8:06 PM

Still straying from the class 1 idea, I'd rebuild the Sandy River & Rangely Lakes from Farmington to Bigelow to serve as exclusive transportation to a ski resort (or strip club) and extend it south to connect with the WW&F down to the coast. Build a nice group of modernized (superheaters, roller bearings, gas producer firebox) 2-4-4t's and 2-6-2's to pull those long diminutive consists full of happy folks and their gear. Perhaps an express car for the stacks of singles.

With the remainder of my gazillions, I'd buy the old PRSL from Winslow to Cape May, clean out the Pennsy collection at Strasburg, fix 'em up and run the wheels off "em!

  • Member since
    August 2013
  • 63 posts
Posted by BARFlyer on Saturday, August 30, 2014 9:53 PM

Wow, 2 foot hero??? That actually would be cheaper than you think, a 2 foot rail for passenger service is a great idea, but I have never seen one at a very high speed. Have you been inside the 1901 Rangeley Parlor car at the museum?? talk about the lap of luxury!!

  • Member since
    January 2011
  • From: NS(ex PRR) Mon Line.
  • 1,395 posts
Posted by Jimmy_Braum on Saturday, August 30, 2014 10:02 PM

I reconsidered... I would buy the entire EBT and everything included.  Then I would restore the line, and get it to be the Durango and Silverton of the East.  Oh, and have the 7 locomotives operate, more passenger cars,ec.

(My Model Railroad, My Rules) 

These are the opinions of an under 35 , from the east end of, and modeling, the same section of the Wheeling and Lake Erie railway.  As well as a freelanced road (Austinville and Dynamite City railroad).  

  • Member since
    August 2013
  • 3,006 posts
Posted by ACY Tom on Sunday, August 31, 2014 12:01 AM

I thought the O.P. was asking about realistic investments in the modern railroad industry.   But it's turned into some kind of pseudo-preservation thing.   Seems to me that hobby railroads ought to be a separate thread. 

As far as raiding a museum and running the wheels off of the prized exhibits, that's kind of irresponsible at best, and bordering on reprehensible.   Maybe you can afford to have copies made and run the wheels off them.   By the way, has anybody asked the Kovalchiks about a price for the E.B.T.?   (Didn't think so.)

Tom  

  • Member since
    July 2008
  • From: Southeast Missouri
  • 573 posts
Posted by The Butler on Sunday, August 31, 2014 2:31 AM

ACY

I thought the O.P. was asking about realistic investments in the modern railroad industry.   But it's turned into some kind of pseudo-preservation thing.   Seems to me that hobby railroads ought to be a separate thread. 

As far as raiding a museum and running the wheels off of the prized exhibits, that's kind of irresponsible at best, and bordering on reprehensible.   Maybe you can afford to have copies made and run the wheels off them.   By the way, has anybody asked the Kovalchiks about a price for the E.B.T.?   (Didn't think so.)

Tom  

$8 million, according to

East Broad Top Railroad, Orbisonia, Pa.


James


  • Member since
    January 2011
  • From: NS(ex PRR) Mon Line.
  • 1,395 posts
Posted by Jimmy_Braum on Sunday, August 31, 2014 6:52 AM

The Butler

ACY

I thought the O.P. was asking about realistic investments in the modern railroad industry.   But it's turned into some kind of pseudo-preservation thing.   Seems to me that hobby railroads ought to be a separate thread. 

As far as raiding a museum and running the wheels off of the prized exhibits, that's kind of irresponsible at best, and bordering on reprehensible.   Maybe you can afford to have copies made and run the wheels off them.   By the way, has anybody asked the Kovalchiks about a price for the E.B.T.?   (Didn't think so.)

Tom  

$8 million, according to

East Broad Top Railroad, Orbisonia, Pa.


To fit ACY's query, I would also purchase the East Broad Top Connecting railroad.

(My Model Railroad, My Rules) 

These are the opinions of an under 35 , from the east end of, and modeling, the same section of the Wheeling and Lake Erie railway.  As well as a freelanced road (Austinville and Dynamite City railroad).  

  • Member since
    February 2012
  • 487 posts
Posted by rfpjohn on Sunday, August 31, 2014 7:28 AM

OK, I'll buy the old Maine Central to satisfy the requirements. I failed to mention the branch to Togus to serve the retired strippers home.

  • Member since
    September 2013
  • 22 posts
Posted by thegreatpumpkin on Sunday, August 31, 2014 10:18 AM

When I have the money (ha ha ha) I will buy UP and NS and CN and KCS and FEC.  UP will have to “fix” their heritage locomotives to conform the NS standard.  CN and KCS will have new heritage locomotives following the NS standard. I will also foolishly rebuild the Key West Extension of the FEC.  

I will build myself a new private train and travel North America on my private rail network with family and friends.  One of the heritage locomotives from the home road will lead my private train. My heirs will decide what to do with it all after my ashes are scattered into the sea from the open platform observation bringing up the markers of my private train as it crosses the new seven mile bridge on the way to Key West.

Current management can stay so long as my private train gets where I want it to get when I want it to get there. I am re-investing what I don’t need to maintain my private train and travel lifestyle.

Thanks ramrod, this was a fun distraction from reality.

  • Member since
    August 2010
  • From: Henrico, VA
  • 8,955 posts
Posted by Firelock76 on Sunday, August 31, 2014 11:37 AM

Concerning ACY's comment about the drift of this thread from Class 1 purchases to preservation purchases, I'd guess that most of us involved in the drift realize that railfan or not, even if we came into a ton of money that could make it happen in our heart of hearts we know we're not qualified to run a Class 1, not by a long shot.  About all we'd do is buy in and then maintain a hands-off attitude, unless the people running the 'road were about to do something that defies all common sense.  I know that's what I'd do.  I suspect that's what Warren Buffett does as far as BNSF is concerned.

The rail museum - preservation thing?  That's something we can get our minds around.  Small, local, and easy to understand.  Probably a lot more fun anyway.

  • Member since
    August 2013
  • 3,006 posts
Posted by ACY Tom on Sunday, August 31, 2014 12:35 PM

OK.  One reason I haven't participated until yesterday is the simple fact that I don't have the kind of business sense that it takes to run a real railroad.  If the real question is "If you had an unlimited supply of money to spend on one or more railroad-related projects, what would those projects be?", then my answers would be directed towards preservation projects.

I agree with Jimmy that preservation of the East Broad Top would be a high priority, although full restoration of the entire railroad might be out of the question.

I think I'd sponsor the construction of some replica steam locos that could be operated without compromising the originals (possibly including E.B.T. engines).

I would identify threatened "orphan" railroad artifacts and work towards a goal of getting those items into the hands of appropriate preservation groups where those items would fit into those groups' overall schemes.  Examples would be a M&StL 2-8-0 in Minnesota, one of only 2 M&StL steam locos in existence; the only surviving N.P. 2-8-2; an orphan G.N. 2-8-0 that used to be displayed in Seattle; the two surviving Baldwin "Shark" RF-16's, and several others. 

I would NOT start another railroad museum, although reorganization and/or relocation of some existing museums might be a good idea, and I'd be willing to help with that.  What's needed is more focused funding for the museums we have.

Tom

  • Member since
    November 2012
  • 6 posts
Posted by Baltimore mike on Wednesday, September 3, 2014 12:31 AM
Well since CSX contains the B&O, C&O, WM, and the Clinchfield I would be in favor of acquiring CSX.
  • Member since
    June 2002
  • 20,007 posts
Posted by daveklepper on Wednesday, September 3, 2014 9:55 AM

I live in Jerusalem, still have a lot of love for American railroading, and at 82 cannot tolerate a ten hours airplane journey in coach, or possibly even in first class.  If I had infinite income.   I would definitely by UP so it could have the same long-range investment strategy without worrying about investors that Buffet has given BNSF.  Then of course the steam program would expand, and definitely the Challenger, Big Boy, and Northern would all be available with only one at most out of service at any one time.  I would work with the State of California to restore the SP AC. and allow the museum to schedule its trips with UP cooperation.  I would also allow "foreign" steam, especially the N&W J and the Daylight, to visit now and then after passing inspection by the UP's own steam crew.  I would buy Chicago - St, Louis - KC passenger service from Amtrak and run it UP excellent style as a face for the public with hourly service to St. L and every two hours continuing on to KC, with Amtrak still continuing to run its own train to Texas.  Armor Yellow, equipment styled to recall the original UP streamliners, but far more esthetic.  But with regard to freight, I'd try to get the best management i could and give them all the support i could and stay out of the decision making as much as possible.  I would, however, ask them to work with N&W on possible expansion of its Triple Crown service over UP lines to catch business that would not be had any other way, after the capacity improvement investments come on line, and new business can be handled well.

I'd then buy a Concord from a museum, turn it over to Israel Aircraft Industries, have it thoroughly rebuilt, and modernized, and lease it to El Al for twice monthly round-trips to the USA, alternating  between Dulles and either Newark or Kennedy.  It would then be possible for an Israeli or even a Saudi Prince to spend useful time in NY or DC and get back within 24 hours.

Of course by then there will be real peace, and the so-called Palestinians will have long ago stopped calling themselves by the names of idle-worshippers but call themselves Ishmaelites after the father of all Arabs, and thus the third Temple will have been built as a house of worship for all people without any destruction of either the Al Aksa Mosque or Dome of the Rock, and so I could enjoy a vacation in the USA and Canada.  I'd arrange with Juniata Terminal for the equipment and the Bilshaks for the schedules, coordination with Amtrak, VIA, and short lines and cover lines I did not have the chance to ride, and others like the the Moffet and the Horseshoe that i rode frequently and still would enjoy.  ACY would be along as Matre-d', and there would invitations to fellow railfans for various parts of the trip.  (But the cuisine would be vegetarian-fish-dairy, Kosher)  I would want to stop off at some of the new light rail lines that are reminiscent of the old interurbans, like St. Louis to Bellville and the San Diego East lines.   And I would definitely want a turn at the controller of TATS 629 at Branford, possibly 4573 as well.  And have a photo with me and "my" brick at whichever of the two new "elevated" car houses it is located.

  • Member since
    June 2012
  • 20 posts
Posted by wgc53217 on Wednesday, September 3, 2014 11:56 AM

Someone mentioned the North Shore into Milwaukee, which might not be a bad idea.  Much of the elevated right of way on the south side of Milwaukee still exists, I think now owned by the electric company.  Much of it is unused, so purchase or lease might be possible.  The route went through now built up areas in Racine and Kenosha, but it might be possible to work out a new route through those towns.  Defiantly, you would have to go as far as Kenosha and you would certainly want to attract riders from those areas.  Would it be profitable? Drive into Milwaukee from the south side some morning during rush hour and decide for yourself if people might like an alternative.

CGW

  • Member since
    June 2012
  • 20 posts
Posted by wgc53217 on Wednesday, September 3, 2014 12:11 PM

I forgot mention that near the site of the old Chase roundhouse, you could transfer your tracks to the old CNW branch that ran from Chase to the CNW depot.  North of the Kinnickinnic river, the tracks paralleled the Milwaukee (now CP) main line, so a connection would be easy and would give your trains a route into the current Amtrak depot.

All this would be easy to do, all it would take is pockets the size of the Grand Canyon.

WGC

  • Member since
    June 2007
  • From: Brooklyn Center, MN.
  • 702 posts
Posted by Los Angeles Rams Guy on Thursday, September 4, 2014 6:53 AM

First, I'd buy CPRS and turn it into the kind of railroad it should be; i.e., double-tracking the Chicago - Twin Cities mainline and being a strong player in intermodal traffic (and bringing back trailers as well).  Shoot, I may even reconstitute hauling livestock again.  Next, I'd buy the IAIS to put the CPRS back out to Council Bluffs/Omaha and right the wrong that was committed in 1980.  Then, for the coup de grace, I'd buy KCS and have a railroad stretching from Canada down to Mexico.  I would also work closely with Amtrak in turning the Chicago - Twin Cities corridor into a HrSR corridor to allow 90-110 mph passenger service that would in turn allow our new intermodal trains to do 70 mph. 

"Beating 'SC is not a matter of life or death. It's more important than that." Former UCLA Head Football Coach Red Sanders
  • Member since
    June 2001
  • From: US
  • 13,488 posts
Posted by Mookie on Thursday, September 4, 2014 6:56 AM

I'd buy a house that is located right next to the tracks right here in our city.  It is just big enough for 2 people and I would put a comfy chair outside and watch 6 BNSF tracks within a stones throw. 

She who has no signature! cinscocom-tmw

  • Member since
    March 2016
  • From: Burbank IL (near Clearing)
  • 13,472 posts
Posted by CSSHEGEWISCH on Thursday, September 4, 2014 7:10 AM

Mookie

I'd buy a house that is located right next to the tracks right here in our city.  It is just big enough for 2 people and I would put a comfy chair outside and watch 6 BNSF tracks within a stones throw. 

That's just a little better than where I grew up.  Back yard faces the South Shore Line and a short walk to see the CWI and N&W (NKP).

The daily commute is part of everyday life but I get two rides a day out of it. Paul
  • Member since
    August 2013
  • 3,006 posts
Posted by ACY Tom on Thursday, September 4, 2014 11:47 PM

Daveklepper:

Give me a few minutes to figure out where I packed away my uniforms.  I probably ought to have them freshly cleaned and pressed before we leave. 

Oh ---- and, Dave ---- How much say will I have in hiring our chef?

Tom

 

  • Member since
    June 2002
  • 20,007 posts
Posted by daveklepper on Friday, September 5, 2014 7:41 AM

you would of course coordinate with the blishacks and mr levine of juniata terminal     since the food would be meatless, kosher would not be a problem, as long as careful purchases were made, and there would be monthly inspection by an appropriate rabbi, a mashgia, as does any kosher restaurant

pardon my hopefully temporary difficulty with my caps key     thanks

  • Member since
    June 2002
  • 20,007 posts
Posted by daveklepper on Friday, September 5, 2014 7:43 AM

and yes connecting chama and durango is still on my mind

Join our Community!

Our community is FREE to join. To participate you must either login or register for an account.

Search the Community

Newsletter Sign-Up

By signing up you may also receive occasional reader surveys and special offers from Trains magazine.Please view our privacy policy