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Join Date: Sep 2005
Location: New Westminster, BC
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Very workable with the right people
Having been part of a very successful partnership arrangement, I can say that it is a totally workable arrangement. (see Partnership thread same forum)
It calls for very like-minded people, similar or at least complimentary skills and abilities, a truly workable arrangement of scheduling or sharing, similar priorities with regard to upgrades, upkeep and type of usage. Getting into an arrangement with people you hardly know can be risky.
Have an written agreement, too, on the eventual dissolution of the share arrangement.
That said, you do get access to a larger boat than you might be able to afford on your own, in theory all the work is shared, all costs are halved and the boat itself is much better utilized and the investment more justifiable.
So go for it, but with your eyes wide open. Do the "Pre-nup"!