Hi Gilennium, thanks for the feedback. Glad you've made the move to South Florida - WELCOME! It's a beautiful place here and the boating is incredible. I look forward to meeting you when you're ready to embark on your journey to shop for your dream yacht!

Thank you!

Glad it was helpful!

thanks for watching I'm producing more again stay tuned!

thanks for watching!

thanks for watching! just getting back into the game here stay tuned!

This is good. I made a video of the yacht I was working on. Check it out!

Awesome, thanks for the feedback. I actually just moved out of my condo to move aboard a boat and so I want to do a segment on live aboards. Stay tuned!

and thank you!

I would also love to hear more about this.

I'm doing a special video on this soon. I plan to include some charts and actual figures to help support the claims as well so that it really makes sense. This is my business and is difficult for people to understand which is why I want to put it out there.

@@tylerr3151 I'm doing a special video on this soon. I plan to include some charts and actual figures to help support the claims as well so that it really makes sense. This is my business and is difficult for people to understand which is why I want to put it out there.

The goal isn't to rent shit...the goal is to make so much income you can do exactly what you want...buy the damn Boat...like Grant Cardone bought a damn Jet

You will never hear that from somebody who owns a boat...only from somebody trying to sell you a boat.

When we talk about buying a yacht, the smart play isn’t just about the sticker price. It’s about understanding the total cost of ownership, which crucially includes what you can sell it for later. This is the essence of the "OWN A YACHT FOR FREE" strategy. For instance, say Boat #1 is listed at a $1.5 million MSRP but is currently a steal at $1 million. Boat #2, with a $1.5 million MSRP, also goes for $1 million. Fast forward two years: Boat #1, thanks to its strong brand reputation, resells easily for $800,000, while Boat #2 struggles and eventually sells for only $600,000. What's the better deal in the end? You never know how much a yacht costs until the day you sell it. This shows why choosing a yacht like Boat #1 can be such a wise decision. By snagging a well-regarded brand at a significant discount, you're not just enjoying the yacht; you're setting yourself up to nearly break even when it's time to sell. This strategy aligns perfectly with our "OWN A YACHT FOR FREE" approach-enjoy top-tier yachting without the hefty financial aftermath. It’s all about picking the right boat that we can sell when you're done!

Depends what your objective is what are you trying to do with your boat? you buy a fishing boat to go fishing you buy a flybridge to cruise, you buy a boat for the intended outcome.

I'm a yacht broker I sell boats, and then I help charter them out. Happy to talk

I am actually looking for a live aboard for myself so I'm really happy you brought this up. Once I start the hard search for one I'm definitely going to talk about it.

I'm actually starting to film a lot more withe gopro so I can post a public vlog of all this yacht brokerage stuff. It's amazing the sh*t that happens with people I meet, deals that fall apart, other brokers getting involved, boats that come on the market as fire sales etc... I figure it would add a little more value than just some airhead girl doing walk throughs on boats. 😂 lmk your thoughts!

@@MrYachtsLOL 😂 I know this was 2yr ago but great content and underrated channel! I am looking to start my own boat chartering business

Hi Brian, according to Merriam webster definition of yacht you most certainly are!: noun a medium-sized sailboat equipped for cruising or racing. • [often with modifier] a powered boat or small ship equipped for cruising, typically for private or official use: a steam yacht.

let me know if I can offer any advice mryachts@nickcardoza dot com

@@MrYachts I’ve been looking for 40 footers. The surveys are annoying and the hunt is ongoing. I love these things though.

And it’s funny because we are looking at Neoprene it self since it’s been retrofit and ready to go for us.

Hi Vince! Thanks for the great feedback. I'm glad you found the information helpful - this is precisely the reason for the Mr.Yachts channel - too add value to people interested in yachting vs. just doing pointless walkthroughs on boats :) That said I love Neoprene and was on her the other day with the owner who is actually a dear friend of mine and was one of my very first clients when I sold one of the first VanDutch yachts in the United States to him. But first to answer your questions: 1) I always recommend to my clients to put their new yacht in an LLC. There are a couple of reasons for this with the most obvious one being the corporate veil with regards to liability. With regards to the tax write-off I would recommend you consult with a qualified tax attorney to give you proper advice but the short answer is that there is a structure that exists to depreciate an asset that is being rented out. I don't know the tax law well enough to get into details but I can certainly point you in the right direct of some good attorneys that can help you when you are ready. I'm not sure I understand what you mean when you ask: "Is there charter companies that hand it 100% for from crew, insurance when there client books with them etc." but if you're asking about if there are companies that handle the entire charter process then yes, there are plenty of Yacht Charter Management companies that handle everything from the bookings, the bookkeeping, crew selection, contracts, escrow, the calendar, etc...

@@vincelombardi2669 Neoprene refit is gorgeous. That yacht is actually a great value because it's way past it's depreciation curve and the previous owner put a lot of money back into it to make it perfect so essentially you're buying a yacht with a replacement value of $10m for 1/4 the price. Now all you have to do is budget your ownership costs and put her on a charter program that covers those and you'll essentially be owning a yacht for free if all is done properly!

@@MrYachts I am going to contact you and see if you can help us with the process especially knowing so much about one of the yacht we have our eyes on. Email on its way!

You got a yacht ? Noice I'm still just launching

Yes I do have contacts that's why I'm in the business ;) I have many forms of marketing from direct marketing, digital, events, social, etc...

sure why not?

not sure what you are trying to get at... idk about you but I spend each morning walking up and down the docks of my. local marinas, scour the web for recent listings, constantly analyze the market, and know what the best deal is for my buyers or my sellers... I do this for free. free meaning in the event that I bring a buyer and seller together and am able to negotiate terms based on the aforementioned, I get paid based on the success of the deal. are you implyingour that yacht brokers get paid for no reason? because that's what your comment implies... let me make it very clear to you, not all yacht brokers are the same, there are some that work very hard to produce sales. it's very easy to say in hindsight that a broker wasn't needed but I spend every waking hour of my day focused on yachts. NOBODY can out negotiate me. the best you could ever hope to do is meet me halfway. that's how I EARN my commission. I want you to read that again because every time I walk through a marina everybody on every single boat says hello to me and tells me the industry goodie because that's part of the job. IDK what you do but I can guarantee that I work harder than you. If you don't believe me I'll prove it to you.

that's what she said.

you can do that too. you can also rent girls, jets, cars and homes. But some people like to have their own that nobody else uses.

If you like boats and don't know how to generate the money to buy one then maybe you should look into working in the industry!

@@MrYachts bro im in maritime right know acually im looking for jobs a deckhand

Depends if they build one cheaply with a factory and then resell it for a profit. Yachts can be great ways to network and make business deals but the asset itself does not typically appreciate in value.

@@MrYachts thanks for the response

is that so? I'm pretty sure I know just as much with or without them. 🤣