I would like to tell you alittle bit about myself.
I am 33 and my partner is 49. We live in Portland
As much as I love it here (even the winters are beautiful here), I dream of distant shores, maintaining a beautiful boat
, meeting interesting people, eating interesting foods so on and so forth.
I am a complete newbie to sailing, having only sailed a few times. But, as we all know, a journey of 2000 miles always begins with the first step.
So I have made that mental step that this is something I am going to do. Now how to do it.....
Here is our financial situation: We have approximately $265k combined in our 401k's. Right now we own 2 properties (one duplex and one single). The rents we get from the duplex covers both mortgages.
Our goal is to continue buying
multi unit properties to earn a net income
of about 4k a month. Once we do that we'll sell our two properties for seed money
for our sailing lifestyle.
Now onto boat
selection: I think a boat is comporable to a house. It reflects who you are. For example: I would never buy a house in a development in the suburbs. It's just not me. I want a house that says, "Yes I am 110 years old, I am old and creaky but I am sure beautiful!" That's why I would love to buy a Formosa
41. I am not afraid of a challenge.
Right now I am doing a ton of reading and researching schools. As much as I would love to buy a 25footer to start out with, I don't want it to distract me from my final goal. I would appreciate any suggestions on learning
that doesn't involve purchasing
a boat. (ie: race
Anybody who has any comments and suggestions are more than welcome.
I look forward to lots of learning