Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 26-10-2010, 02:30   #1
Registered User

Join Date: Oct 2010
Location: Cortez, FL
Boat: S2 11.0 36 FT
Posts: 3
Hypothetical Question . . . Self-Sustained Cruising

I feel a bit as if I am in a confessional here…. But, alas, here it goes.

I have always dreamed of doing extended cruising. I went through a phase, where I was determined to do a circumnavigation, but I have come to the realization that the philosophy between a determined goal, and an open ended exploration are vastly different.
Open ended may be the launching point here. What I need to do: I need to maximize the length of time I can go cruising, and do it on the basis of a VERY limited income.
I hope to aquire a good sound (structurally) vessel. I hope to finance the boat, and make payments during the duration of the cruise. At this point I have been fairly interested in the CSY boats, (something about that hand laid, 1.5” thick fiberglass) and I hope to find something of this caliber for around 60-80k. My next plan is to start a sort of cruising co-op, where I will enlist some of my friends to crew (actually current crew on my racing boat, an E-scow) for the duration of the trip¬, and also for the outfit period, which will last about a year or so.
Each member of the co-op will be required to give their savings (this is not expected to amount to squat didily) and, during the outfit period, will work a job, and contribute all their earnings to the kitty. Secondly, they, along with myself, will be required to work towards the building of an internet based business, as well as other internet based revenue streams (i.e. advertising rev., from blogs)
An onshore contact will be established to receive SB based emails which will contain the work of the crew and myself. The payments of the vessel will amount to roughly 12,000/yrly, and from what I have seen, maintenance, and living costs will amount to roughly 24,000/yrly, with a total of 36,000 dollars yearly, as an ongoing cost of cruising.
Assuming we had a group of 3, with each pulling in 12,000 yearly from internet based revenue streams, we could theoretically cruise indefinitely….right?
Keep in mind the whole of the ships crew and captain will be less than 27 years old, and very willing to live in a (safe) P.O.S. of a boat, so long it was properly outfitted. Outfitting it may be way too expensive though… we will need a watermaker, a wind gen, and solar gen, and a genset, to power the computers, safety equip... (alone is likely 6k!) We’ll need to insure it the whole time if it’s financed? Also can we leave the country for an extended period of time if we finance? Do I just leave that part out? Can we finance it as a home if it is a liveaboard?
The emphasis is definitely going to be on self-sustainability……. How far can I push the envelope on this one? Maybe some people who are set up for perpetual cruising can give a how-to? (that doesn’t involve pensions or dividends? )
__________________

__________________
ileestma is offline   Reply With Quote
Old 26-10-2010, 03:36   #2
Long Range Cruiser
 
MarkJ's Avatar

Cruisers Forum Supporter

Join Date: Dec 2007
Location: St Martin, the Caribbean.
Boat: Beneteau 393 "Sea Life"
Posts: 9,854
Images: 25
One problem I see.

Rooting.

3 will turn into 4 as someone picks up, and then your master plan will be shot.

Those 2 will then leave and you'll be 2.

One will pick up and then you'll be 3, but a couple Vs 1. Someone will be pissed and the 3 will disolve....


Untill you can afford it yourself you will be subject to others betrayal.
__________________

__________________
Notes on a Circumnavigation.
OurLifeAtSea.com

Somalia Pirates and our Convoy
MarkJ is offline   Reply With Quote
Old 26-10-2010, 04:23   #3
Registered User
 
ShipShape's Avatar

Join Date: May 2010
Posts: 267
Somebody has already set up a self-sustainable cruising community/co-op sort of a thing, I think it is based out of Hawaii because of the year-round favorable climate for growing food. It actually sounds Really cool - not an end-of-the-world fringe group or anything like that. The person who told me about it is off backpacking in Utah for a few weeks, when he gets back I can give you more information. Even if that group is not what you are looking for, MarkJ made good points - maybe you can get other ideas from this group.
__________________
ShipShape is offline   Reply With Quote
Old 26-10-2010, 06:39   #4
Registered User

Join Date: Aug 2010
Location: Smithfield Va.
Boat: '72 Tanzer 28 "Her Idea"
Posts: 320
http://www.yachtworld.com/core/listi..._id=15664&url=

easy.

Dunno about the CoOp thing...sounds like one big PITA to me..If you have a steady income string of 12k yearly, you can, with a nod to frugality do it single hand..but then I am becoming more hermit like as I age..@ 27 I still needed crowds of folks around me..Neptune only knows why.
__________________
1972 Tanzer 28 "Her Idea"
zopi is offline   Reply With Quote
Old 26-10-2010, 06:57   #5
Registered User

Join Date: Aug 2009
Location: Boston, MA
Boat: Beneteau Oceanis 43 & S2 6.9
Posts: 886
Quote:
Originally Posted by ileestma View Post
The payments of the vessel will amount to roughly 12,000/yrly, and from what I have seen, maintenance, and living costs will amount to roughly 24,000/yrly, with a total of 36,000 dollars yearly, as an ongoing cost of cruising.
Assuming we had a group of 3, with each pulling in 12,000 yearly from internet based revenue streams, we could theoretically cruise indefinitely….right?
I'm not sure about the idea in general, but I do see one issue with your math. You haven't factored in any taxes and I believe regardless of where you are based out of, someone will want some taxes on your income.
__________________
maytrix is offline   Reply With Quote
Old 26-10-2010, 07:05   #6
Senior Cruiser
 
osirissail's Avatar

Cruisers Forum Supporter

Join Date: Feb 2009
Location: A real life Zombie from FL
Boat: Gulfstar 53 - Osiris
Posts: 5,225
Images: 2
The biggest problem you will have is: "Keep in mind the whole of the ships crew and captain will be less than 27 years old, and . . ." when added to MarkJ's ?Rooting? Is that Aussie for "rutting"?
- - Anyway, at that age, attention spans are still measured in very short periods of time. So you will need a continual inflow of new "partners" to replace the continual "departure" of bored ones. If that can be worked out then the plan has "longer term" viability.
- - Young males have a better chance at successful long (year or two or three) term cruising if they are alone. Especially, in the Caribbean there is an endless supply of "Sweet Young Ladies" willing to explore aspects of life with you for a few months or so. So having compartments in the boat where you can be private from the other men of your team is essential. That means bigger boat, which means more work, which means more expenses.
- - Which is fine, until you find a more amenable/compatible S.Y.L. and then your choice will be "ditch the other guys or ditch the S.Y.L." And then you have the problem of "buying out their share" of the boat.
- - These types of ideas do work, but only for short periods of time. So plan with that in mind and you and some friends can enjoy some "bitchin' good times" while it lasts. Just don't delude yourself that it will last forever.
__________________
osirissail is offline   Reply With Quote
Old 26-10-2010, 07:15   #7
Moderator Emeritus
 
Ex-Calif's Avatar

Cruisers Forum Supporter

Join Date: May 2007
Location: Singapore
Boat: Maxi 77 - Relax Lah!
Posts: 10,652
Images: 4
Lots and lots of variables = lots and lots of uncertainty. You are young. Uncertainty is tolerable.

Have an exit strategy...
__________________
Dan - Relax Lah! - On the hard @ CSC, Singapore
Click--> Custom CF Google Search or CF Rules
You're gonna need a bigger boat... - Martin Brody
Ex-Calif is online now   Reply With Quote
Old 26-10-2010, 09:07   #8
Registered User
 
S/V_Surya's Avatar

Join Date: Mar 2009
Location: Sasafra river,MD
Boat: gulfstar ketch 41 Surya
Posts: 621
The only thing worse than an ex(wife) or ex(husband) is an ex boat partner. I have seen these coops or boat partners thing work good but I for one do not have the proper mentality to share (I think it is because I was the youngest). Picking the right boat partners is key but getting three I think would be hard.
__________________
S/V_Surya is offline   Reply With Quote
Old 26-10-2010, 09:26   #9
Registered User

Join Date: Oct 2010
Location: Slidell, LA
Boat: Pearson 34
Posts: 8
Quote:
Originally Posted by ileestma View Post
I feel a bit as if I am in a confessional here…. But, alas, here it goes.

I have always dreamed of doing extended cruising. I went through a phase, where I was determined to do a circumnavigation, but I have come to the realization that the philosophy between a determined goal, and an open ended exploration are vastly different.
Open ended may be the launching point here. What I need to do: I need to maximize the length of time I can go cruising, and do it on the basis of a VERY limited income.
I hope to aquire a good sound (structurally) vessel. I hope to finance the boat, and make payments during the duration of the cruise. At this point I have been fairly interested in the CSY boats, (something about that hand laid, 1.5” thick fiberglass) and I hope to find something of this caliber for around 60-80k. My next plan is to start a sort of cruising co-op, where I will enlist some of my friends to crew (actually current crew on my racing boat, an E-scow) for the duration of the trip¬, and also for the outfit period, which will last about a year or so.
Each member of the co-op will be required to give their savings (this is not expected to amount to squat didily) and, during the outfit period, will work a job, and contribute all their earnings to the kitty. Secondly, they, along with myself, will be required to work towards the building of an internet based business, as well as other internet based revenue streams (i.e. advertising rev., from blogs)
An onshore contact will be established to receive SB based emails which will contain the work of the crew and myself. The payments of the vessel will amount to roughly 12,000/yrly, and from what I have seen, maintenance, and living costs will amount to roughly 24,000/yrly, with a total of 36,000 dollars yearly, as an ongoing cost of cruising.
Assuming we had a group of 3, with each pulling in 12,000 yearly from internet based revenue streams, we could theoretically cruise indefinitely….right?
Keep in mind the whole of the ships crew and captain will be less than 27 years old, and very willing to live in a (safe) P.O.S. of a boat, so long it was properly outfitted. Outfitting it may be way too expensive though… we will need a watermaker, a wind gen, and solar gen, and a genset, to power the computers, safety equip... (alone is likely 6k!) We’ll need to insure it the whole time if it’s financed? Also can we leave the country for an extended period of time if we finance? Do I just leave that part out? Can we finance it as a home if it is a liveaboard?
The emphasis is definitely going to be on self-sustainability……. How far can I push the envelope on this one? Maybe some people who are set up for perpetual cruising can give a how-to? (that doesn’t involve pensions or dividends? )
I too am about to embark on a rather extended cruise. I am 44, retired and about to collect a judgment to fund my trip and later retired days. I have been pondering the question of crew because I want a boat of at least 50 feet, a catamaran. The only solution for me is to pay room and board and entertainment and not accept any type of investment in my floating home. That way, I can opt out of any company I choose at any time. The only contract between any crew and myself is a contract of my choosing, one which I can break if things are not done my way. I am very easy going but I don't tolerate any nonsense on my boat, ie. total slobs, arses, negligence of safety, not understanding my simple yet effective method of madness. I agree with all previous replies to your post. These people speak volumes of truth and experience. Remember, the best boat is a friend with a boat! Good luck......... It will happen!!
__________________
merrick44 is offline   Reply With Quote
Old 26-10-2010, 10:09   #10
Registered User

Join Date: Jul 2009
Location: Gainesville, FL
Boat: West Wight Potter 19
Posts: 39
Each of you pulling 12k from internet income is going to be difficult. If you can figure that part out, implement it and not have to maintain it while on extended periods of time with no internet access, you will have accomplished a major feat. I know that the 4 Hour Work Week book makes it seem really easy, but it's just not. I'm not in any way trying to diminish your enthusiasm, but this is the one thing that jumped out at me. Good luck with your planning. I truly hope it works and that you have the time of your life.
__________________
Homespun is offline   Reply With Quote
Old 27-10-2010, 08:10   #11
Senior Cruiser
 
denverd0n's Avatar

Cruisers Forum Supporter

Join Date: Jun 2008
Location: Tampa, FL
Posts: 2,377
Images: 6
Don't forget that you will need reserves for the eventual and inevitable replacement of things like sails, batteries, rigging (running and standing), engine rebuild, and the like.
__________________
denverd0n is offline   Reply With Quote
Old 27-10-2010, 16:57   #12
Commercial Member
 
rourkeh's Avatar

Join Date: Jun 2010
Location: Currently in southern caribbean
Boat: Cheoy Lee, 44 Cutter. Dolce Far Niente
Posts: 227
Didn't Bernie Madoff already try this scheme???
__________________
rourkeh is offline   Reply With Quote
Old 27-10-2010, 17:29   #13
Senior Cruiser

Cruisers Forum Supporter

Join Date: Aug 2009
Location: between the devil and the deep blue sea
Boat: a sailing boat
Posts: 10,246
Why not just get a job that works everywhere? Like a doc? Or a diesel mechanic?

I think a pro diver can also keep on cruising for what he makes along the way. Also a pro teacher of English.

Ok, I know, drifting.

b.
__________________
barnakiel is offline   Reply With Quote
Old 28-10-2010, 03:52   #14
just ducky
 
sailorboy1's Avatar

Cruisers Forum Supporter

Join Date: Jul 2007
Location: Northeast
Boat: 43' sloop
Posts: 8,189
maybe it's time for a new book, "Hitchiker's Guide to Cruising on a Boat"

I find it hard to believe any of these "working while cruising" things really work. I can believe there is such a thing as moving from place to place to work while living on a boat. But living on a boat and cruising aren't the same thing to me.
__________________
sailorboy1 is offline   Reply With Quote
Old 28-10-2010, 04:16   #15
Deep Water Deliveries
 
boatman61's Avatar

Community Sponsor
Cruisers Forum Supporter

Join Date: Jan 2010
Location: Portugal... W. Coast
Posts: 13,885
Images: 2
Send a message via Skype™ to boatman61
pirate

Co-op's fall apart on land....
So 24/7 on a small boat... 3 male owners/skippers.... testoserone rampant... be interesting to say the least....
__________________
"You're not drunk if you can lie on the floor without holding on." Dean Martin
"Life is far too important a thing ever to talk seriously about...." Oscar Wilde

boatman61 is offline   Reply With Quote
Reply

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

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
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Another Smoking & Cruising Question Dockhead Engines and Propulsion Systems 46 09-06-2012 11:46
My Hypothetical Round-the-World Voyage Boondocker Off Topic Forum 3 06-09-2010 18:52
Insurance Question for Cruising Canadians Reluctantsailor Dollars & Cents 8 19-09-2009 08:57
cruising basics question cabledave Other 9 20-10-2008 10:56
Boat size and cruising question shellback Liveaboard's Forum 34 21-03-2007 12:11


Our Communities

Our communities encompass many different hobbies and interests, but each one is built on friendly, intelligent membership.

» More about our Communities

Automotive Communities

Our Automotive communities encompass many different makes and models. From U.S. domestics to European Saloons.

» More about our Automotive Communities

RV & Travel Trailer Communities

Our RV & Travel Trailer sites encompasses virtually all types of Recreational Vehicles, from brand-specific to general RV communities.

» More about our RV Communities

Marine Communities

Our Marine websites focus on Cruising and Sailing Vessels, including forums and the largest cruising Wiki project on the web today.

» More about our Marine Communities


Copyright 2002-2012 Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 00:31.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2014, vBulletin Solutions, Inc.

Sailing News Delivered to your Email!

Stay up-to-date with the latest cruising news.

unsusbcribe at anytime with one click

Close [X]


ShowCase vBulletin Plugins by Drive Thru Online, Inc.