I've only owned one boat previously, a Bayfield 29. It was in sad condition, but the hull
, the deck
and the mast
were good. I bought it CHEAP
. I then rebuilt the Yanmar 2gm
myself and took it to Pitman marine
in Tarpon Springs for a bottom job. While there, I figured I might as well get the sides painted too. They told me all I needed was to have them buff them. When they were done, it looked like new.(thanks for saving me money
, Pitman) I sanded and oiled all the wood. (I don't like varnish) cleaned and overhauled the toilet. (gaskets, etc.) Ran new wiring
to everything. I learned a LOT about my boat, found some good people to work with,(marina, mechanic
suppliers, etc.) and spent less than $7k. To buy one in that condition...$12k - $18k. If you shop around. Did I get paid a fair wage for my labor? No. But I'm not scared of work. I am scared of spending money
I don't have. I think that's why boats are laid up for over 2 years. Not enough cash flow. I'd rather work on the boat than work a job so someone else can work on the boat.
By the way, I'm looking for my next diamond in the rough. A bluewater liveaboard
. Doesn't need to be free, but cheap
would be nice!