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post #4 of Old 08-06-2010
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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.



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