yacht profit management sharing program?

[berwick]

Has anyone had any dealings with www.bayacht.com? as it pertains to buying a boat and putting it in a charter service for a while. It seems different than the regular charter business''. What makes me leary is that they are saying that external iron keels are better than external lead keels. IE:"Iron is the preferred material because of it''s strength, density and impact resistance.. " hmm, I don''t agree - am I wrong here? The article is at http://www.bayacht.com/qualmono.htm
The rest of the write up seems good though - I figure that since they sell Jeanneau and they have iron keels vs lead......
Has anyone bought a boat through these methods?
Thanks, Richard

[Jeff_H]

Bay Yachts in Annapolis has a good reputation. The Europeans seem to be more prone to consider cast iron preferable to lead because of its greater strength. Lead is way perferable from a density standpoint (except for rule beating under the IRC rule). Impact resistance is a tough question. Lead will absorb impact and transfer less of it into the hull structure so that there is less likelihood of damage to the hull in a collision. Lead is softer than Iron so it is more likely to deform and need to be repaired.

My experience with boats coming out of charter is that the damage and abuse and increased depreciation generally far exceeds any income from having the boat in charter.

Jeff

[hamiam]

i have an iron keel and i wud not recommend it. virtually impossible to keep it from rusting. just my 2 cents

[jbanta]

I doesn''t matter what material your hull of keel is made from. Treated properly it can last a long time and provide dependable service. It takes some work to strip all the old paint and most importantly ALL the rust. Then with 3 coats of a quility epoxy barrier paint any wetted surfaces glass, steel, or iron can be kept from corosion.

[maxcontax]

berwick,

I am partner in a Beneteau 345 and it has an encased iron keel. Because the boat is privately owned by people who are fastidious, whacking the keel is likely not going to be a big consideration--the boat performs very well with it. Put your boat into a charter only if you really have to because if you do, you''ll be measureing its age in dog-years.