Join Date: Jun 2000
Location: CT/ Long Island Sound
Thanked 42 Times in 41 Posts
Rep Power: 17
boat partnerships, your experiences
Partnerships make a lot of sense. Most people are too busy to be able to use a boat as much as they might like. It makes no sense to have a boat sit on a mooring when you can''t use it, when you can split costs with someone else and they can use it when you can''t. The trick, as mentioned above, is to find people who can be flexible with you, but with whom you can plan reasonable procedures and schedules. The right boat and goals for EVERYONE''s purposes is also a must. Racers will grate at having to remove heavy "unnecessary" supplies that their cruiser-partners get more and more incensed about having to keep bringing aboard. Too slow a boat will make the racer itch to get a different one. The cruiser won''t want new sails every three weeks. We set up a partnership with some general guidelines about possible buyouts and how we would operate together. We then came up with an agreement about how we''d handle costs - incedental (fuel/ice), operating/ maintenance (hauling, mooring fees), and capital improvements(new sails, rigging, etc.) We''ve had the boat five years now, and still think she''s great. Our partners are often available to crew if we need them, and don''t have to come if we don''t need them. The five (two couples and a single) of us share costs and each of us owns a bigger boat than we''d be able to afford, handle, or maintain on our own. It is especially great to find partners whose skills complement each other. I do the painting, varnishing, repair/fairing and rigging work. My electrical engineer partner enjoys keeping the engine, plumbing, electrics and electronics systems in top condition. The "aesthetic committee" makes sure the cabin looks sharp and is sufficiently well stocked. (We don''t want too much heavy stuff aboard when we''re racing.) It works for us!