SailNet Community - View Single Post - shared ownership- trade equity for upkeep and fees?
View Single Post
post #8 of Old 12-10-2009
paulk
Senior Member
 
paulk's Avatar
 
Join Date: Jun 2000
Location: CT/ Long Island Sound
Posts: 2,605
Thanks: 4
Thanked 26 Times in 25 Posts
Rep Power: 16
 
Buzzy bee here. For several seasons an owner at our club allowed me to race his C&C 35 on Wednesday nights (with my own crew, and without him on board) for the whole season because I painted the bottom and kept the teak looking reasonable. He couldn't get out of work for Wednesdays, and I had other things on weekends. My point is that just getting someone to share operating costs with you might be worth it to them, and make it more economically feasible for you, without any skin off your teeth, since there's no way you're going to be able to sail every weekend anyway. Asking around won't hurt. If there's no equity "buy-in" on their part, they can't expect to control everything, but if it's cheaper than if they were to charter something, they come out ahead, along with you.
paulk is offline  
Quote Share with Facebook
 
 
For the best viewing experience please update your browser to Google Chrome