refurbing and refitting for profit, its definitely doable but a little hard in the current buyers market as there is so many cheap boats out there.
I have done three boats so far, a 63 ' ferro
a 54" ferro
and now im on my last boat a 28' steel
. I have also worked on loads of others.
Would i do it all again, why yes, but i would prefer to be able to live next to the boat whilst working on it, that way i can always have somewhere clean to sit down.
My First and biggest hint though, is start on a SMALLER boat, there cheaper, they allow you to get more access to a wider range of parts for free or next to nothing as every other boat is bigger.
A roller furler
of a 38 footer will work on 28 foot but not the other way around if you get my drift.
boat will have a market value of around 50-60 k and cost me 10k to buy and then 5 k only (not including the electronics) to totally finish to a pristine condition, and with one year of my labor in her.
Even if i calculated my labor cost I'm still in front and didn't have to spend one year sitting in some boring office following orders with other boring people
BUT and its a big BUT, i do everything myself, from spraying to stainless welding, for solar
to fitting out, to repairing old things and making them new.
My way of thinking is that it is normally cheaper for me to buy the needed equipment
and teach myself to do the work than to pay someone else to do it for me.
Find a cheap
but good boat as a start is a must too, examples are the first boat i did the 63' was totally fitted out, sailed well and was bought off an insurance
company for a pittance, the 54' was a bit tatty but was totally complete and only cost 5 k and everything worked, the 28' steel boat was 40+ years old but had never been in the water
had been built of the best materials and came with a brand new motor
, shaft etc, even had 5 new sails hidden in bags, it was a steal.
For me the most import
thing when doing a boat is to minimize the amount of cash the leaves my boat, for example, if i pay someone to do something, then that cash is gone.
Also recycle things as much as possible.
If i need something i have to scrounge it myself, or build it myself then install it myself.
One great way to get bits and pieces cheap is to befriend the local boat yards or marine
installers (riggers, electricians etc) in your area, a free case of beer
here and there can get you loads of good used parts
at cheap prices.
Or use your head
, somewhere someone is throwing out something you need, you just have to figure out the who when where and why.
I needed some lead recently, so i bought some 25lt buckets with lids from the local tip, painted "lead only" and then my name and number and took them to the local tyres shops, two tubs full and i would give them a case of beer
, they loved it, i got cheap lead and those buckets were full with, no crap in there,...once again free beer the new world economy.
Need to rewire your boat, go to a cable scrap merchant, half the cables
they sell are new, just offcuts, or are cheap enough that you can oversize most cables
and no die in fright at the cost of them.
Same again for all the stainless steel etc, buy bits of pipe, tube rod whatever and learn how to fabricate it your self, a cheap grinder and some polishing pads and it all looks good as new. Ever paid someone to weld stainless for you, you have to sit down before you ask the price or give them a sandy dry rubber glove then zip tie your wrists to your ankles.
Sails, get used ones from the racing
boats cut em down.
i got quoted 5k to do mine, i laughed at them, i went to the local "industrial rigger" and got all the parts ordered in by them as they deal in it but just dont normally sell it and it ended up costing me $1300 for full 10mm 316 stainless rigging
including all hardware
, heck i even got them to do the 8mm lifelines
for me too.
items can be had cheaply too, just advertise that your after them in the local marinas
, that way people who were already thinking about an upgrade and think you will buy there old stuff will then go out and buy the new stuff, you can install it for them and them pick up there old stuff for next to nothing, that works a treat.
Other ways are just troll the net, look everywhere online, not everyone uses eBay, troll everywhere and look for mispelt items too, not everyone can spell,and they dont realise that no one bought their "Wenches" because people were looking for "Winches"
Man i could go on and on about cheap ways to do things, i never finished high school
but i must have earned a doctorate from the school
of life for master scrounging.
Anyway, end of ranting dribble