|Topic Review (Newest First)|
|10-30-2010 07:20 AM|
Not to be a wet blanket or anything, but a couple of things I haven't seen mentioned.
One, simply do the math. Purchase price of the boat, cost of moorage, maintenance, etc... don't underestimate this with a 50' boat. It won't be cheap. If the math works for you, sure. Just don't estimate this. And don't forget, there's a 'keeping up with the Jones's' part of the community in sailing as well. On land or at sea, it's your choice to get wrapped up in it or not.
It's not a bad idea to have a 'plan B' for emergencies. That might mean access to some sort of land accommodation. Could mean ownership, an emergency fund to rent for a year, etc... Why? Medical emergencies. Having done the cancer dance, it would really have been hell on a boat. I was within days of closing on a live aboard 'dream' boat just as I was hospitalized and diagnosed, and lucky to have not been a liveaboard when everything went down. San Diego has much better weather than our locale which would make a difference, but one should consider these things at the very least. Speaking only for myself, I'd certainly live aboard, and may do so in the future, but would want access to at least a small land living space.
Last thought... we have a set of friends who are circumnavigating and are in year two. The simply rented their house, and use the downstairs in-law apartment for themselves when/if they need to return home as they both have aging parents in the area.... This could also work for a 'plan B' space, and you'd keep some of your equity in a house. Sure, you might downsize the current place and use some of the proceeds for your boat... it's just the math thing again. Again, not to put a damper on your idea. It's great, works for many, and might be exactly the right choice for your family.
|10-30-2010 06:48 AM|
We'll we are leaving friends and family in shock when we told them that we have gotten rid of everything thats keeping us land bound to move aboard.
to most of them ,I'm sure the thought crazy is the first thing thatt comes to mind. I've tryed to get that mind set just to see there point. but the only thing that seems to concern me is not grounding were we have yet to sailed.
I hope it works out for you for us it seems more crazy not to live aboard when you have your heart set on it.
|10-27-2010 12:39 PM|
|imagine2frolic||The insurance won't be a problem. You will find reasonable rates, and unreasonable rates. While in Florida we were givenquotes from $4k to $7.5k for the same boat in the same location, cold molded 46ft. cat. I called the broker of my boat in Ca.. He told me if I was in Ca. it would be $1k. Shop around........i2f|
|10-26-2010 07:56 PM|
Originally Posted by OceanCKR View Post
Also, allow a annual personal property tax of around 1% of the current assessed ( not market ) value
|10-26-2010 04:29 AM|
I say go for it especially in San Diego. You will grow closer and and have a bunch of fun doing. I met a girl in SD who grew up on a big ketch on the mooring in SD and she seemed quite well adjusted.
Have fun and go sailing
|10-26-2010 12:24 AM|
GO for it. I have had the oppertunity to live in many places all over the world and thanks to that I have and hope that I have manage to give my children a wider and more open view of the world and true values in life. Life aboard a passage vessel will teach them life lessons and give them the oppertunity to experence life as it really is and not the Hollywood vision as seen on T.V. Truth, seen through their own eyes; not the edited camera view, Smells, Sounds, Taste, these things no camera can ever show, will forever imprint themselves in their minds.
I can think of no greater gift a man can give his childern that a personal view of the world.
"it's the trip, not the destination"
|10-25-2010 08:57 PM|
So if I am hearing all of you right... I could literally be stopped cold with this venture by the insurance requirements? This is definitely the kind of insights I was hoping to gain with the O.P., however I will be shocked and really sad if all of a sudden I can't do this because of not being able to get insurance on a 50'.
Does that mean the majority of LA's on big boats have had to work their way up to that size by years of ownership on a smaller boat?
|10-25-2010 04:29 PM|
USAA homeowner insurance covers up to 37 feet.
|10-25-2010 04:11 PM|
|souljour2000||Try a 42-footer or a cheap trawler...there are alot of those out there both sailboats and trawlers for well under 60,000..I know..I live in Florida and am addicted to watching craigslist almost every day...I see 'em in St. Pete...in Ft Myers...in Tampa and sarasota all the time..but Florida is the cheapest boat market in the USA...I'm sure Socal is a bit higher but I am sure you could find a good boat for less than 50-60 grand that will fit your size family..good luck and go for it..We lived on a 26 foot houseboat for a year and a half with two kids under 4 years old...it was cheap and sure beat the alternatives at the time...a nice municipal marina helps..Florida was a good place to do the family boat thing...I'm sure California could be nice too if that's where you need to be...|
|10-25-2010 04:05 PM|
Originally Posted by OceanCKR View Post
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