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Old 01-09-2017, 15:48   #1
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Location: Guerneville, CA
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First time post. Excited to take the plunge!

A pleasure to meet everyone. I'm a frequent sailor on SF Bay (Lagoon 380 & Beneteau 430) and am heading to the Caribbean next Feb/Mar to buy a boat and begin living my life a new way. I'm excited! As you know, much to think about and learn. Background info:
- Early 50s / Male / good health / single
- Experience sailing (SF Bay/some BVIs) / very social (do numerous theme events on my boats just for fun (i.e. luaus, wine tastings, etc. )
- Budget for boat <$100k (I can pay more/but only if needed to support plan; paying cash (no monthly pymt))
- Working on certs to offer paid charters/services

--> My initial question (it influences budget, revenue & boat choice):
1) Initial game plan in BVIs? Do I just cruise the area for awhile (i.e. no revenue), take on paid crew for short or longer trips, or do weekly charter service?

My first thought was to do the usual Cat charter service in BVIs, Bahamas or perhaps St. Martin. Since that plan requires a Cat (in my view), my research suggested a $150k outlay (min) to get a decent boat (i.e. less than 15 years old, etc.). Since I don't know if that's really what I want to do, my thought then shifted to getting a nice monohull for under $100k, get to the know the area (BVIs/Caribbean), talk to locals sailors, and then decide if I focus on a paid crew model w/the monohull (for shorter or greater distance trips) or sell it after a year only if I'm very clear on pursuing a Cat and starting a charter business. Thoughts very much appreciated!
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Old 02-09-2017, 05:17   #2
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Re: First time post. Excited to take the plunge!

Greetings and welcome aboard the CF, Zman.
Gord May
"If you didn't have the time or money to do it right in the first place, when will you get the time/$ to fix it?"

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Old 02-09-2017, 05:28   #3
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Location: Port Credit, Ontario or Bahamas
Boat: Benford 38 Fantail Cruiser
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Re: First time post. Excited to take the plunge!

Re-selling a mono after a year ..... May take a year to sell. Prices continue to drop.
How much time and money are you willing to lose ?
If you're not laughing, you're not doin' it right.
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