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Forum: Training, Licensing & Certification 15-04-2024, 08:25
Replies: 13
Views: 1,902
Posted By riverwave
Re: ASA Fee Reasonable?

A quick update as I checked the cost for ASA 101, 103 and 104.
Average price is already above 3000$, https://www.bwss.com/schedule-a.html#a-stt
Forum: Boat Ownership & Making a Living 23-04-2022, 15:51
Replies: 51
Views: 19,098
Posted By riverwave
Re: Too good to be true? A fractional ownership for 2012 Lagoon 500

Thanks for the insight. Very valuable feedback from insider.
I might to stay away from this company
Forum: Boat Ownership & Making a Living 13-02-2021, 07:27
Replies: 51
Views: 19,098
Posted By riverwave
Re: Too good to be true? A fractional ownership for 2012 Lagoon 500

I am newbie, not bias to any model. what's your favorate one? Privilige?
Forum: Boat Ownership & Making a Living 13-02-2021, 06:53
Replies: 51
Views: 19,098
Posted By riverwave
Re: Too good to be true? A fractional ownership for 2012 Lagoon 500

Its not accurate to state it as guranteed mortgage, should be guranteed income. If you choose mortgage, you just pay 25k downpayment.
Yes a lot things to check, thanks for your inputs.
Forum: Boat Ownership & Making a Living 13-02-2021, 06:41
Replies: 51
Views: 19,098
Posted By riverwave
Re: Too good to be true? A fractional ownership for 2012 Lagoon 500

Yes it's the same boat. more and more I feel it's not the best time to consider this option for now. but I need to discuss and study this fractional ownership. and be prepared for my plan to own and...
Forum: Boat Ownership & Making a Living 13-02-2021, 06:32
Replies: 51
Views: 19,098
Posted By riverwave
Re: Too good to be true? A fractional ownership for 2012 Lagoon 500

Happ, interesting input from another viewpoint. If not go for fracuional ownership, what is better option considering I can only sail for 5 weeks each year since I still have about 15 years to...
Forum: Boat Ownership & Making a Living 13-02-2021, 06:15
Replies: 51
Views: 19,098
Posted By riverwave
Forum: Fishing, Recreation & Fun 13-02-2021, 06:04
Replies: 121
Views: 25,869
Posted By riverwave
Re: E-Scooters for Use Ashore

I had imported and owned a few different e-bike and studied about E-scooter.

My suggestion:
Buy Ebike with foot pedals, not only because it extends the rang, but also it defines the E-bike as...
Forum: Construction, Maintenance & Refit 08-02-2021, 15:44
Replies: 9
Views: 1,554
Posted By riverwave
Re: Evaluation on Repairing works on these 2 dinghies

Lake-Effect, I think you might be right, Boat 2 looks like Albacore, I will check if the seller has these info.
Definitely I will verify your list of items one by one.
If boat 2 is Albacore, I...
Forum: Construction, Maintenance & Refit 07-02-2021, 19:22
Replies: 9
Views: 1,554
Posted By riverwave
Re: Evaluation on Repairing works on these 2 dinghies

Dfelsent, impressive work! not anyone can have it done like this.
Boat 1 is a vert old sail boat from Grampian Marine, a Canadian boat builder specialized in the design and manufacture of fiberglass...
Forum: Construction, Maintenance & Refit 07-02-2021, 05:01
Replies: 9
Views: 1,554
Posted By riverwave
Re: Evaluation on Repairing works on these 2 dinghies

Tailor is not included, but I do have a tailor already. I will be happy to do the repair works to gain experience. My goal is to sail a 40+' one day. Many boat owners complained about fixing gunwale,...
Forum: Construction, Maintenance & Refit 06-02-2021, 08:12
Replies: 9
Views: 1,554
Posted By riverwave
Evaluation on Repairing works on these 2 dinghies

I am about to buy a sail dinghy to learn sailing. There are 3 dinghies available nearby. I checked 2 of them. Both require repairing works, but can someone help me identify the one with less...
Forum: Auxiliary Equipment & Dinghy 05-02-2021, 15:23
Replies: 2
Views: 676
Posted By riverwave
Which Dinghy has less fixing works

I am to buy a sail dinghy to learn sailing. There are 3 available but I only checked 2 of them. All of them require repairs, but can someone help me identify on with less repairing works? They are...
Forum: Boat Ownership & Making a Living 01-02-2021, 12:30
Replies: 51
Views: 19,098
Posted By riverwave
Re: Too good to be true? A fractional ownership for 2012 Lagoon 500

barnakiel, could you explain a bit more on why it is NOT the less expensive proposition? I mean Fractional Ownership + lend for Chartering?
Forum: Boat Ownership & Making a Living 01-02-2021, 12:20
Replies: 51
Views: 19,098
Posted By riverwave
Re: Too good to be true? A fractional ownership for 2012 Lagoon 500

NexGenYachting told me they didn't miss any payment in the last 2 years. I guess I have to ask them to provide formal written on their words
Forum: Boat Ownership & Making a Living 01-02-2021, 12:17
Replies: 51
Views: 19,098
Posted By riverwave
Re: Too good to be true? A fractional ownership for 2012 Lagoon 500

Wow, a perfect example of partnership. It can be sweet and it can be bitter.

For the case I am looking at, the good thing is the maintenance is taken cared by charter company at free cost. Less...
Forum: Boat Ownership & Making a Living 01-02-2021, 11:12
Replies: 51
Views: 19,098
Posted By riverwave
Re: Too good to be true? A fractional ownership for 2012 Lagoon 500

Very valuable and reliable input. Thanks for sharing it. I have the same kind of situation with you. My wife said she will sail with me, but knowing her, I don't want to scare her away with a mid...
Forum: Boat Ownership & Making a Living 01-02-2021, 11:01
Replies: 51
Views: 19,098
Posted By riverwave
Re: Too good to be true? A fractional ownership for 2012 Lagoon 500

I don't need the bareboat license, they will always provide caption and crew in my usage, free.
Forum: Boat Ownership & Making a Living 01-02-2021, 11:00
Replies: 51
Views: 19,098
Posted By riverwave
Re: Too good to be true? A fractional ownership for 2012 Lagoon 500

Hi Jim, the $625/month for the 1/4 ownership. Sorry, for a mistake in my post, the charter company is based on USVI, not BVI.

I guess you have full ownership of your boat. I am wondering is the...
Forum: Boat Ownership & Making a Living 31-01-2021, 04:43
Replies: 51
Views: 19,098
Posted By riverwave
Re: Too good to be true? A fractional ownership for 2012 Lagoon 500

for the 5weeks your usage, caption is included, free.
you can sail it to BVI, USVI PR or other eastern islands
Forum: Boat Ownership & Making a Living 30-01-2021, 19:40
Replies: 51
Views: 19,098
Posted By riverwave
Re: Too good to be true? A fractional ownership for 2012 Lagoon 500

The base is BVI, travelling is a kind of issue to get there but not a big obstacle.
I can't sail it where I want to go, limited to BVI, USVI, and PR. Eastern island with advance notice. For a...
Forum: Boat Ownership & Making a Living 30-01-2021, 19:19
Replies: 51
Views: 19,098
Posted By riverwave
Re: Too good to be true? A fractional ownership for 2012 Lagoon 500

Yes, I live a city inland, for sure I will join the local club to gain sailing exp on river bay.
The reason looking for fractional ownership is for gaining offshore exp.
BTW, the Lagoon is based on...
Forum: Boat Ownership & Making a Living 30-01-2021, 11:33
Replies: 51
Views: 19,098
Posted By riverwave
Too good to be true? A fractional ownership for 2012 Lagoon 500

I am a newbie, mid 40, planning for full time sailing in 15 years.
Beside local club and sailing course, I am looking for other ways of getting sailing experience. For sure I am keeping my eyes on...
Forum: Training, Licensing & Certification 20-01-2021, 19:57
Replies: 33
Views: 3,288
Posted By riverwave
Re: Help me select the first training sailboat to start with

Here we have a nice bay in Ottawa River. I am having a 16' fishing boat, its so nice just to be on the water. My daughter also loves to sit on the bow, with foot touching the water surface.
For...
Forum: Training, Licensing & Certification 20-01-2021, 19:41
Replies: 33
Views: 3,288
Posted By riverwave
Re: Help me select the first training sailboat to start with

Yes, summer is short here in Ottawa, that's why Canadian don't want to waste each summer day:smile: for me, I want to practice as much as can this summer beside joining a club training. Having one...
Showing results 1 to 25 of 39

 
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