Liveaboards / Purchase for Chartering / etc...

GB
Greg Bradley
Sat, Jul 23, 2005 7:57 PM

I am new to the world of boating, however, the wife and I are
considering selling everything and purchasing a liveaboard.  I work as
a computer programmer and feel I can do quite a bit of work on board (a
working sabbatical if you will).  It will probably be about 1-2 years
before we could leave.  As I have been doing research on the subject
for the last 6 months or so, I think I am leaning toward buying a power
cat.  (My wife and I really like the specifications and look of the
Lagoon 43).  I have so many questions, I'm not sure where to start, but
I can probably boil it down to two main questions.

  1. Is the Lagoon 43 or a similar type vessel a good liveaboard vessel
    for cruising the Southeast US coastline and Caribbean?

  2. Does anyone have experience with purchasing a boat for chartering?
    It seems like if we could do this soon and get a couple of years of
    others chartering our boat we could generate cash to help pay for it
    before we leave.  For example, one company appears to offer a 77/23
    split.  A Lagoon 43 appears to charter for anywhere from 6000-8000/wk.
    I read somewhere that average charter occupancy is 20-22 weeks per
    year.  That seems to come to 60002077%=92400 (low) or
    80002277%=135520 (high).  It seems the boat could help pay for itself
    in just a few short years.  Is this crazy?  Is my math off?  I keep
    asking myself that if this worked, why doesn't everyone do it?

Any thoughts are appreciated...

Thanks...
Greg...


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I am new to the world of boating, however, the wife and I are considering selling everything and purchasing a liveaboard. I work as a computer programmer and feel I can do quite a bit of work on board (a working sabbatical if you will). It will probably be about 1-2 years before we could leave. As I have been doing research on the subject for the last 6 months or so, I think I am leaning toward buying a power cat. (My wife and I really like the specifications and look of the Lagoon 43). I have so many questions, I'm not sure where to start, but I can probably boil it down to two main questions. 1) Is the Lagoon 43 or a similar type vessel a good liveaboard vessel for cruising the Southeast US coastline and Caribbean? 2) Does anyone have experience with purchasing a boat for chartering? It seems like if we could do this soon and get a couple of years of others chartering our boat we could generate cash to help pay for it before we leave. For example, one company appears to offer a 77/23 split. A Lagoon 43 appears to charter for anywhere from 6000-8000/wk. I read somewhere that average charter occupancy is 20-22 weeks per year. That seems to come to 6000*20*77%=92400 (low) or 8000*22*77%=135520 (high). It seems the boat could help pay for itself in just a few short years. Is this crazy? Is my math off? I keep asking myself that if this worked, why doesn't everyone do it? Any thoughts are appreciated... Thanks... Greg... ____________________________________________________ Start your day with Yahoo! - make it your home page http://www.yahoo.com/r/hs