| Author | Message | ||
| Dean
Crappie Username: Dean Post Number: 463 Registered: 4-2004  Rating: N/A |
I have an offer to trade 2 lots I am selling on Tiki Island for a 36ft Hatteras. Completely remodeled including engines and ac and generator and appliances and etc... I have 1 lot on the market for 70K and 2 that I can sell for less because no realtors involved. I guess 1 question I have is how easy is it to sell a big boat like that? and what kind of upkeep do these kind of boats require? Also - any other recommendations....... All In A Days Fun!!!  
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| Bigun
Lunker Username: Bigun Post Number: 1188 Registered: 8-2004  Rating: N/A |
Diesel twin screw? I'm not a lot of help but my friends who have boats like this seem to always be working on them. I would think the seller market is not that friendly due to limited group of people interested but that is just a guess. I could find out a lot of this info though sometime next week after the holidays. Quit being a mad, little bald man! Remember that a lone amateur built the Ark. A large group of professionals built the Titanic. I forgot the CAMERA! | ||
| Dean
Crappie Username: Dean Post Number: 465 Registered: 4-2004 Rating: N/A |
That is kinda what I think too. I was also thinking I might try to charter it using a captain I know. Maybe it could generate some return revenue while it is on the market.. I have been trying to sell these lots for nearly 2 years but the market is soft after the hurricanes. It has not re-bounded yet. One thought is trade for the boat then sell the boat - might be more productive?.. Taxes on 2 lots are $2200/year. If I sold the boat I could pay off the mortgage on the lots and eliminate the tax liability for the 2 lots, and still have 2 to sell when the market rebounds because I have 4. Any information you can get me without getting too involved would be greatly appreciated. I will also look into it with a broker and get their "biased" oppinion.... All In A Days Fun!!!
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| Picou
Lunker Username: Picou Post Number: 2114 Registered: 8-2004  Rating: N/A |
Dean, I'll keep it simple -- don't do it. Hold onto the lot and don't get yourself into more maintenance and cost.  Thank you Lord for my family and the waters I get to fish | ||
| Hotrods
Minnow Username: Hotrods Post Number: 41 Registered: 12-2004 Rating: N/A |
Dean, We have a 46' Wellcraft at South Shore marina and I can't even begin to explain all the cost related to owning this size boat. Insurance and slip fees are killing us let alone maintance and fuel. I would keep the land if it was my choice. We are trying to sell our boat but the market is very soft. | ||
| Dean
Crappie Username: Dean Post Number: 467 Registered: 4-2004 Rating: N/A |
Ya'll - thanks for the feedback - it certainly is being considered - Any more advice would be appreciated... I have a sense that it might not be a great deal but it might not be too bad if I charter it out. I was considering if the land or the boat would be easier to sell..? I need to sell at least 1 of the lots to offset some of my excessive debt. Owner financing available!! All In A Days Fun!!!
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