Living the dream in Norfolk, VA - SailNet Community
Reply
 
LinkBack Thread Tools
post #1 of 13 Old 08-01-2011 Thread Starter
Junior Member
 
Join Date: Aug 2011
Posts: 10
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
 
Living the dream in Norfolk, VA

Hi everyone!

I have been checking this forum for months and have dreamed of living aboard a sailboat since I can remember. After graduating college, I have found a full time job and am ready to follow through with my dream. However, as a newbie, I do have some questions:

Just having started a full-time job I don't have much in savings. I have a pretty good credit score and have family that is eager to help me achieve my dream. Do you have any recommendations regarding where I should start looking for sailboats (specific marinas, private dealers, etc.)? Also, any info on getting qualified for financing would be fantastic.

I really love this forum and have spent a lot of time day dreaming because of all the great information on this site. Can't wait to be part of the community! Thanks
Jorge_Cast is offline  
Quote Quick Reply Share with Facebook
Sponsored Links
Advertisement
 
post #2 of 13 Old 08-01-2011
美国华人, 帆船 教授及输送
 
Join Date: Sep 2006
Location: MD
Posts: 2,531
Thanks: 24
Thanked 23 Times in 15 Posts
Rep Power: 9
 
Congrats, now it is time to build your career. In the meantime, nothing wrong to work toward your dream

1. Use Yachtworld.com to do your initial search, read anything that is in you price range and above.
2. IF you are handy, it is a plus since those unloved boats are plenty around in the boat yards.
3. low balling is a bad word, but use it anyway. It is a buyer market. Walk away if you don't get what you want to pay.
4. Google is your friend.
5. Hang out the marina or sailing club. You don't need to own a boat to learn how to sail.
6. Be humble and work hard. No one dies due to hard work.
7. Report back with other questions.

Good luck.


Fine Print:
I am old school. Integrity is to do the right thing even when no one is watching.
rockDAWG is offline  
Quote Quick Reply Share with Facebook
post #3 of 13 Old 08-02-2011 Thread Starter
Junior Member
 
Join Date: Aug 2011
Posts: 10
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
 
Thanks for the help rockDAWG. I have been looking around Yachtworld and I can't seem to find anything newer than 1980 for under $20k. Is that about right? I don't mind an older boat that needs work but I would prefer to be in the later 80's or 90's. Am I being naive by thinking I can find a decent boat for around 20k?
Jorge_Cast is offline  
Quote Quick Reply Share with Facebook
post #4 of 13 Old 08-02-2011
Senior Member
 
Join Date: Oct 2009
Location: Virginia
Posts: 1,210
Thanks: 3
Thanked 23 Times in 23 Posts
Rep Power: 6
 
You need to give us some details. What size range are you looking at? What have you looked at that has caught your eye?
What's important to you - live aboard amenities or good cruising capabilities or some kind of compromise of the two?
Just you living on board?
Where do you plan to keep it? Your budget is on the low side - have you factored in slip rent, taxes, insurance, maintenance?
chuck53 is offline  
Quote Quick Reply Share with Facebook
post #5 of 13 Old 08-02-2011 Thread Starter
Junior Member
 
Join Date: Aug 2011
Posts: 10
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
 
Thanks for the reply.

I am looking at between 28-35ft. To be honest, I haven't found anything that has caught my eye yet. As for what is important to me- I don't need many amenities. A little head room (I am 6'2'') is about it. I'd eventually like to take it cruising up and down the east coast after some time fixing it up. It would just be me aboard. I plan on keeping it in Norfolk and have seen some slips for between $8-12 a foot. I have a little money put aside and currently spend $1000 on my apartment and feel that should be able to cover my boat finance, insurance and slip with extra left over for maintenance and upkeep. Does this sound feasible?
Jorge_Cast is offline  
Quote Quick Reply Share with Facebook
post #6 of 13 Old 08-02-2011
Senior Member
 
Join Date: Oct 2009
Location: Virginia
Posts: 1,210
Thanks: 3
Thanked 23 Times in 23 Posts
Rep Power: 6
 
Have you thought about heat and AC? Are you going to cook onboard? Are you going to store cold and frozen food onboard? Do you want hot water?
A lot of boats don't have heat or AC? A lot of boats may only have an alcohol stove. OK for occasional use but I don't think you want that for full time use.
A lot of boats only have an ice box with no refrigeration. A lot of boats don't have water heaters.

How important are these things to you?
chuck53 is offline  
Quote Quick Reply Share with Facebook
post #7 of 13 Old 08-02-2011 Thread Starter
Junior Member
 
Join Date: Aug 2011
Posts: 10
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
 
I would like these things of course, but they aren't deal breakers. The marinas I have found have decent amenities. Refrigeration would be nice. A/C and Heat are a necessity but am not opposed to just having a portable unit as I only have a window unit in my apartment now.

Realistically, what should I be looking at for a price range? I would like to keep my expenses (financing, slip fees, insurance) to under $900 a month. Is this an achievable goal?
Jorge_Cast is offline  
Quote Quick Reply Share with Facebook
post #8 of 13 Old 08-02-2011
Senior Member
 
Join Date: Oct 2009
Location: Virginia
Posts: 1,210
Thanks: 3
Thanked 23 Times in 23 Posts
Rep Power: 6
 
Before you start looking for boats, get a handle on your finances. How much down payment can you afford? Talk to some lenders to find out what your monthly cost will be and how much down they will require. How many years are you willing to finance and the lender will agree to?
Before you buy, make sure there is an affordable (and conveient) slip available. Some marinas may have a waiting list.
Find out the property tax rate in the jurisdiction you want to keep your boat in.
chuck53 is offline  
Quote Quick Reply Share with Facebook
post #9 of 13 Old 08-02-2011
Senior Member
 
Join Date: Oct 2009
Location: Virginia
Posts: 1,210
Thanks: 3
Thanked 23 Times in 23 Posts
Rep Power: 6
 
One other thing...have you taken the required boating safety class?
chuck53 is offline  
Quote Quick Reply Share with Facebook
post #10 of 13 Old 08-02-2011 Thread Starter
Junior Member
 
Join Date: Aug 2011
Posts: 10
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
 
Thanks for all your help! Also, yes I have taken the boating safety class.
Jorge_Cast is offline  
Quote Quick Reply Share with Facebook
Reply

Tags
boat cost , live aboard , norfolk

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the SailNet Community forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
Please note: After entering 3 characters a list of Usernames already in use will appear and the list will disappear once a valid Username is entered.


User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in









Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Similar Threads
Thread Thread Starter Forum Replies Last Post
Living aboard near Norfolk, VA. Dean101 Living Aboard 14 08-04-2011 01:10 PM
Living the Dream MtnMike General Discussion (sailing related) 18 01-11-2010 06:43 PM
Soon to be Living the Dream! Freerider Introduce Yourself 3 03-25-2009 07:14 AM
Dream of Sailing as a living oceanguy Cruising & Liveaboard Forum 20 11-11-2007 10:19 PM

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome