Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 31-10-2013, 06:41   #46
Registered User
 
lorenzo b's Avatar

Join Date: May 2009
Location: Panama
Boat: Steel trawler 63' Eileen Farrell
Posts: 961
Re: Live on catamaran cheaper than rent apartment?

What we used to do in Manhattan years ago is get together with other compatible singles and rent a fabulous 4 bedroom apt and split the cost.
Paid 50c on the dollar for a great place to live.
Trying to save money by living on a boat is ridiculous.
__________________

__________________
lorenzo b is offline   Reply With Quote
Old 31-10-2013, 09:36   #47
Registered User

Join Date: Oct 2013
Location: San Diego, California
Posts: 96
Re: Live on catamaran cheaper than rent apartment?

My strategy is buy a home outside of the overpriced bay area, live on sailboat 3x a week and home on rest of time. I can afford both this way.
__________________

__________________
cruisernewbie is offline   Reply With Quote
Old 31-10-2013, 09:48   #48
smj
Registered User

Join Date: Nov 2007
Boat: Searunner 38 catamaran
Posts: 3,654
Quote:
Originally Posted by lorenzo b View Post
What we used to do in Manhattan years ago is get together with other compatible singles and rent a fabulous 4 bedroom apt and split the cost. Paid 50c on the dollar for a great place to live. Trying to save money by living on a boat is ridiculous.
I think it depends where you keep your boat. There's no way I could rent an apartment for any less than what it would cost to live on a boat in Galveston Tx.
__________________
smj is online now   Reply With Quote
Old 01-11-2013, 08:26   #49
Registered User
 
lorenzo b's Avatar

Join Date: May 2009
Location: Panama
Boat: Steel trawler 63' Eileen Farrell
Posts: 961
Re: Live on catamaran cheaper than rent apartment?

If you're talking about 3X a week, all the more reason to share a space.
If you buy a piece of crap boat, you still have to pay for a slip and live on a piece of crap boat. If you buy a nice boat, it will cost a bomb, will depreciate, will cost you 10% a year to maintain if you ever hope to sell it, and still cost you for a slip.
Why not make a friend with a boat and offer to mind it and maybe do some work on it in exchange for staying on it a few nights a week?
If you want a sound investment, stick with real estate. Boating is for those of us that have already made what we need and want to live in a remote corner of Panama as far from Mountain View as possible.
__________________

__________________
lorenzo b 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




Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 20:30.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.