Buy and sell in 2 years

[JosephZawadzki]

Well, Big Thank you for a reply, took me quite some times to figure how to respond
and to see that others are able to find what is sooo hard for me and maybe eventually i will enjoy the mystery of online communication. Ps the price was to be 25,000.C $

[boatpoker]

Two suggestions given that you appear fairly new to the game.

Marine Survey 101, pre-survey inspection

How much is she worth, boat values, a crap shoot

[JosephZawadzki]

Hello, yes, Very New in this; survey done 2017, 2018 engine totally done, been on hard since, not able to use due to shoulders problem, my dream was to do Fla and Caribbean
not able. price was to be 25,000 C.$ but the one finger writing comes with nervousness.

[skipmac]

Originally Posted by JosephZawadzki

Well, Big Thank you for a reply, took me quite some times to figure how to respond
and to see that others are able to find what is sooo hard for me and maybe eventually i will enjoy the mystery of online communication. Ps the price was to be 25,000.C $

If I understand you're budget is $25,000.00 (C meaning Canadian?) not $250,000.00? And for that you want a good quality, "blue water" boat, 45-50' needing very little work?

If correct then I would say your chances are in range of slim to none, maybe less.

[JosephZawadzki]

No, i want to sell Reflections for 25,000 C $ including Walkers Bay 10 sailing dinghy, new radio with second station.

[skipmac]

Originally Posted by JosephZawadzki

No, i want to sell Reflections for 25,000 C $ including Walkers Bay 10 sailing dinghy, new radio with second station.

Yes. My apologies. Confused your post with the post from the original poster. Both handles had lots of consonants with a surplus of Zs and Ks.

Looks like a very good deal on your Irwin. Didn't see any details on the engine in the ad. Is it original or repowered? Hours?

Have two friends shopping for boats in that size/price range.

[Nucopia]

Joe , looks like a bargain and a very well maintained rig.
I bet you are sad to let her go and I hope you can find her a good home to go to.

[JosephZawadzki]

Yes, Love it but after purchase both shoulders gone, needs surgery this year, had a Big
Dream to do Panama after my Great Loop but had to do on cruise ship in October last.

[JosephZawadzki]

Being nervous to reply just now i realize your wit with the Zs and Ks, Great !!!

[pt49]

Originally Posted by JosephZawadzki

Yes, Love it but after purchase both shoulders gone, needs surgery this year, had a Big
Dream to do Panama after my Great Loop but had to do on cruise ship in October last.

Reflections is a very nice yacht for the price. Wish I was in Canada, but unfortunately I'm in Australia.
Frozen shoulders... I had my right shoulder operated on 10 years ago at age 62 and my left shoulder "popped" and released with a cortisone injection at age 65.
Both are fine now.

[JosephZawadzki]

Thank you, been to your side, had great time traveling by car, enjoyed tremendously,
specially Lizard Island diving, wonderful people !!!

[valhalla360]

Others beat me to it but yeah, refits return little if anything to the resale value.

Also, figure 10% lost to the broker.

Plus you likely will have around $1000/month carrying costs while you wait for it to sell. You can reduce that by dropping the price but financially it's likely a wash.

So on a $250k budget, if you do a refit of say $50k, I would expect to lose somewhere on the order of $60-80k when the final tallys come in (not including expenses during the 14 month trip).

Of course, this assumes you buy well. As a newbie, there is a very good chance you buy a lemon and then it could eat up far more of your $250k...hence the suggestion to start smaller and simpler. If you only have $50k invested, that puts a much smaller cap on what you can lose.

Also, as brought up, while it can be done, going from no experience to transoceanic voyaging...more often than not doesn't turn out well. People will show you the great stories about it working but those are the exception. Most wind up giving up when they find out the realities.

PS: sorry if this comes across as debby downer but better you understand the potential pitfalls than have people tell you it will be fine and then you find out the hard way.

[JosephZawadzki]

Good morning from Canada, i been told i had send reply to your question to wrong post;
Irwin original 40 engine, totally redone in 2018 and on hard since then,don't remember the hr and will take until May and 6 hr. to drive from Niagara Falls, love this boat but both shoulders refuse to cooperate, needs surgery, have 40 Avanti power but it's Not sail boat
and my boating have come to the end anyway

[syPhilos]

I kinda wanted to reply to the topic starter, but it seems like the topic was succesfully hijacked and has become a completely unrelated "boat for sale" topic?

[pt49]

Originally Posted by JosephZawadzki

Good morning from Canada,but both shoulders refuse to cooperate, needs surgery, have 40 Avanti power but it's Not sail boat and my boating have come to the end anyway

We all have a "use by date"... unfortunately.