SailNet Community - View Single Post - Condo Moorage aka buying a slip
View Single Post
post #4 of Old 08-06-2010
dhays
Senior Member
 
dhays's Avatar
 
Join Date: Jul 2010
Location: Gig Harbor, WA
Posts: 736
Thanks: 3
Thanked 8 Times in 6 Posts
Rep Power: 10
 
Quote:
Originally Posted by hangupndrive View Post
II would appreciate any comments on plusses, minuses, and things to watch out for.
I just started renting a slip in Gig Harbor for a 40 foot boat that I hope to own and have delivered this month. I started renting it now because there are not many slips in the area for a boat this size.

I'm renting a slip from a guy who bought a condo slip maybe 10 years ago. He now lives in Texas, but is collecting 378/month from me now. At the time, I'm sure he felt it was a huge expense, but at this point, he is probably very happy to have it.

With the economy the way it is, you can probably buy a slip for less than you can for a long time. Moorage in Puget Sound is more readily available right now, but it is still a limited commodity.

Dave

Dave
▬▬▬▬▬▬▬▬

47⁰20'11.7" N
122⁰35'20.8" W
M/V Kinship, North Pacific 43
Formerly
S/V Legacy, Catalina 400 MkII, Hull #328
dhays is offline  
 
 
For the best viewing experience please update your browser to Google Chrome