How Much does a Bluewater Sailboat Cost? | Sailing Soulianis - Ep. 22

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Sailing Soulianis

Sailing Soulianis

Күн бұрын

Do you dream of sailing over the horizon in your own sailboat? If so, one of the biggest questions you probably have is, How much is the boat?
In this episode, we break down the cost of our Tartan 37, going into the buying process, closing expenses and transaction costs in detail. We talk about how we prepared financially for making the transition to cruising life, by paying off all debts (student loans), acquiring passive income streams, and saving for the boat itself. We discuss the upgrades we made before we left the dock, and detail the cost of each upgrade.
How did we manage to stick to (well, very close, anyway!) our budget? A handful of fancy spreadsheets! (Links below) These financial tools we developed were incredibly helpful in taking the guesswork out of the boat buying process. They help answer questions like:
- Is the boat I’m interested in priced fairly?
- What should my offer price be?
- How much will the upgrades cost?
- Should I pay cash or finance a boat?
Even after setting our goal of buying a cruising sailboat 10 years ago, we took a long wandering path through a series of wrong turns to get to where we are now. Our aim with this video is to arm you with a set of tools to help you navigate your boat buying experience like a pro.
Hope you enjoy!
Lauren & Kirk
P.S. If you’d like more Sailing Soulianis content or would like to support our video production, consider becoming a patron here: / sailingsoulianis
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LEARN FROM OUR EXPERIENCE:
How to Buy the Right Sailboat for You - sailingsoulianis.com/how-to-b...
How Much Does it Cost to Buy a Bluewater Sailboat? - sailingsoulianis.com/how-much...
FINANCIAL TOOLS:
Boat Buying Dashboard - sailingsoulianis.com/boat-buy...
Buy with Cash or Finance - COMING SOON! Click here to join our mailing list to be notified when this tool is available: sailingsoulianis.com/#sign-up
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Пікірлер: 623
@petersteitz200
@petersteitz200 5 жыл бұрын
Great video guys. Very detailed and informative. I think you learn a lot about your boat when you decide on the upgrades and do it yourself. I was a yacht salesman in Clearwater Beach, FL. Boy, did I learn what sailors do with their boats. Some were just crazy and others were very well planned and done. Good sailing and clear skies to both of you.
@johnanderson3842
@johnanderson3842 5 жыл бұрын
Congrats on making it to salt water Have enjoyed getting glimpses of the layout, rig etc. as I am finishing a substantial rebuild of her smaller sister , a tartan 34c built in 1975. I loved learning so many new skills from replacing deck coring , epoxy layup. Rudder rebuild, canvas work 2 part paint to dynema lifelines. I understand how you felt when first seeing her. Classic lines with just enough teak. I hope to trade up to a 37 of the same vintage as I do lust after a shower and a little more room and maybe hot water. How do you find the engine access? We will take off for Maine from here in Annapolis this summer and then to Fla. for the winter and see if we don’t kill each other . Best of luck John I understand that the she has a cored hull and I hope yours checked out.
@stolas666
@stolas666 5 жыл бұрын
Great introduction video to your channel. I'm looking forward to seeing more
@livingyourbestlife711
@livingyourbestlife711 5 жыл бұрын
wow! thanks for sharing probably one of the most private, yet extremely important consideration for 99.9% of those persons wanting to attempt to live this lifestyle. I live in Kemah TX and luckily work remotely and most people always ask about the cost of not only the boat, but other things too. Your transparency has won over at least one more subscriber. Thanks again for sharing!
@paulcailliet9942
@paulcailliet9942 4 жыл бұрын
hello - just moved to the San Antonio area and considering another sailboat, but don't know if Galvaston Bay area right place to get one / and/or put in the water there, instead of waiting another couple of years due to moving again to another duty station area - thoughts on Kemah? Also - anything operating there during this crazy time, such as sailboat schools and charters?
@connyrikardsson9559
@connyrikardsson9559 5 жыл бұрын
So interesting and very inspiring. I am in planing stage so this was great... Love your calculation tool. Thank you for charing.
@drwindsurf
@drwindsurf 5 жыл бұрын
I love these videos. I find them increadably useful, you remind of things I already know (but usually forget) and show me whole new pitfalls I hadn't considered. Most of all you show me my dream is not crazy and it is possible. Thank you :)
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Cheers, Jeffrey! Glad to hear it!
@wbenz
@wbenz 5 жыл бұрын
You guys are the first (that I’ve seen) that offer tangible (the tools) benefits of sponsoring your sailing via Patreon (beyond your videos, which are great!). Smart move. We wish you well.
@anvilhead59
@anvilhead59 4 жыл бұрын
Thank you for this segment. I'm getting close to retirement and I mentioned doing something like this to my wife. "Let's sell the house and buy a boat, and we're debt-free!". Her response, "You don't know how to sail." Sails luffing. Actually, I learned to sail long before I met her but never kept up.
@denisonelp
@denisonelp 5 жыл бұрын
Thanks for the transparency on your journey and process. A 10 year vision + some truly impressive analysis = an amazing life you are living. Thanks for being an inspiration, and looking forward to hearing all about “the ditch”
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Thanks very much Todd!
@mrgooddeeds3115
@mrgooddeeds3115 5 жыл бұрын
I subbed solely on ya’lls hard work and patience.. and cuteness. Lol.
@150flivver
@150flivver 4 жыл бұрын
Good luck with the boat. Safe journeys and I admire your spirit. The memories you create now will be priceless.
@centermassgamer323
@centermassgamer323 4 жыл бұрын
My goal is to be living aboard my own boat within 5 years. Definitely gonna be coming back to this video and using your tools when I get closer.
@mikedhsr007
@mikedhsr007 5 жыл бұрын
Rare these days for a young couple to take on the challenges and adventure of sailing. Good luck.
@MotownRossBrown
@MotownRossBrown 5 жыл бұрын
Great video guys! Thank you for the information! You two are very charismatic! Keep up the great work! I hope to join you on the water someday soon!
@grahamhines2994
@grahamhines2994 5 жыл бұрын
awesome vid guys , so nice of you to share some really helpful info
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Thanks Graham!
@Maoli2013
@Maoli2013 5 жыл бұрын
Just found your vlog. I'm actually working backwards, starting with your latest (taking down the mast and shipping) and making my way to the beginning. This particular vlog was really interesting to me. Most vlogs do not get into the nuts and bolts of financing. It doesn't help that most readers just want to see the "adventure" part of boat ownership. I think one important aspect of planning, budgeting and following through with the "plan" is to have the personality and mental makeup to communicate well between the two of you clearly understanding the goal you have established and most importantly, agreed to as a couple. You both seem to be very cerebral people, meaning that many aspects of your life is thought out step by step. I also like your calmness venturing into the unknown. That only comes when you have done the type of "pre-work" work like you have done. While I'm sure that there are many surprises and many more to come, your ability to think things out calmly helps you to recognize whether or not the the light at the end of the tunnel is sunlight or a fast moving train heading your way. I look forward to following your adventures in the future and learning from your vlogs. My wife and I are in an interesting situation concerning our future involving a 44' motor sailboat we will inherit shortly but that's a different conversation for another time. For now I wish you a safe journey to Mobile, AL. Aloha from Hilo, Hawaii!
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Hey thanks so much for your comment. Love the sunlight/train metaphor.
@dutchflats
@dutchflats 5 жыл бұрын
Really nice job of analyzing your purchase, love the Tartans!
@stevecrombie5357
@stevecrombie5357 5 жыл бұрын
Very nice. I'm enjoying your journey very much. I appreciate the time and effort that goes in to doing videos. Thanks for letting us come along.
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Our pleasure, Steve. Glad to hear it!
@dustanbalkcom
@dustanbalkcom 5 жыл бұрын
Thank you both for this video! We just bought our first boat (Cal 29') as a major project boat. It was really cheap but we knew that it needed a lot of work and we are up for it. This boat we have local plans for but are hoping to purchase something similar to yours to do a 1 year live aboard in the next 3-5 years. I know that it will cost significantly more and your video helps a ton. Well done!
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Sounds like you have an awesome project, good luck!
@dingo397
@dingo397 4 жыл бұрын
I really liked your video, I am planning on going cruising and working while retired. I worked for many years in the marine business, rigging boats and working on outboards and inboards, and then left the business 17 yrs ago. Ive been inspired again.But unlike many people I already know the heart ache of Boats....lol. And I love it !!!!! Good luck and God Bless
@thePronto
@thePronto 5 жыл бұрын
OMG, smart, analytical, data and process driven. I love it. Subbing...
@BrooksTruckin
@BrooksTruckin 4 жыл бұрын
im all caught up on your channel...cant wait till the next one to see what yall are up too
@sysarila
@sysarila 5 жыл бұрын
A great concept and dream. Makes sense to keep one foot on the ground, good tips. Thanks for sharing!
@c208captain
@c208captain 5 жыл бұрын
Man! I had your program when I was buying my Boat. You guys are smart cookies. Awesome video as always.
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Thanks J!
@Frindleeguy
@Frindleeguy 5 жыл бұрын
You guys are inspiring folks. Keep it up, you're great!
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Thanks so much ☺️
@TheKandyGuy
@TheKandyGuy 4 жыл бұрын
I stumble cross you guys channel 2 days a go, that was 60th Ep, then i go to your Ep 1 and watching them as of now, one of the best youtube channels i have watched . Also you 2 are sweet couple with lots of energy. Thanks for shearing your knowledge with the world. Bong Voyage to you 2 and hope to see lot more videos in time to come. Be safe and good luck.
@jfraney6002
@jfraney6002 5 жыл бұрын
What wonderful people you are for sharing all this knowledge.. Wow !
@seanyunt
@seanyunt 5 жыл бұрын
Wish I had this perspective a couple decades ago. Great video.
@oceandrew
@oceandrew 5 жыл бұрын
Wow... less than 1% over your allocated budget. That is some disciplined financial planning and purchasing. Well done.
@bensouthwell1339
@bensouthwell1339 5 жыл бұрын
wow if you become a patreon you will be paying for the boat, not my idea of fun
@michaeldenicola6725
@michaeldenicola6725 5 жыл бұрын
That was a very helpful video I have purchased a number of used boats and you did a great job. Safe Sailing
@brandtall9639
@brandtall9639 3 жыл бұрын
Love you attitude towards living and your approach to to solving problems that get in the way of that.
@southseas47
@southseas47 5 жыл бұрын
May your boat be leak free. May your sails be in good repair. May the winds be fair, the weather kind and May your days be filled with the exquisite pleasure of new adventures, fabulous destinations and excellent friendship Hope your adventure is a great one Steve east coast australia
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Thank you Stephen! I like this take on the famous Irish blessing. Haven't heard it before. -Kirk
@bensouthwell1339
@bensouthwell1339 5 жыл бұрын
and may I let you know I will not be paying for your holidays neither
@lilevs1
@lilevs1 4 жыл бұрын
Great tools! Love the spread sheets and the analysis.
@Clickumentary
@Clickumentary 5 жыл бұрын
I hope people understand that your budget is very modest and it's difficult to fully outfit a boat for blue water like you did. Nicely presented btw!
@serge470
@serge470 5 жыл бұрын
Great video guys! I'm planning to buy a boat, have to do my homework first to😁
@fiddlesticksbessette398
@fiddlesticksbessette398 5 жыл бұрын
COMMON SENSE.
@dougford5691
@dougford5691 5 жыл бұрын
Great video. Very valuable info. Should be a guide for all to want to go to a cruising lifestyly!!
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Thanks Doug!
@glennvanderwesthuizen8272
@glennvanderwesthuizen8272 5 жыл бұрын
From sunny South Africa, great video guys, I have just purchased a little thing (Mistral 22ft), not a blue water boat and needing a lot of tender care and your tools are awesome. Will purchase mine soon. Thanks again.
@justfly2525
@justfly2525 5 жыл бұрын
Thanks for the transparency! Great video...
@watercop5115
@watercop5115 4 жыл бұрын
Been following you guys from the start. Names Gary I'm located in virginia , my ol 1989 32footer i am envious, At 78 been on the water past 55 years. God bless you two.
@ryfish5
@ryfish5 5 жыл бұрын
Many complements!
@CaptainDarwin
@CaptainDarwin 4 жыл бұрын
Thank you so much for this video! I loved the editing, the music, the way you speak - calm and clear -, everything is on point. Subbed. Also, I like how you handle a complexe theme in a straightforward and comprehensive way. Happy sailing from a French guy :)
@SailingSoulianis
@SailingSoulianis 4 жыл бұрын
Merci!
@lazmotron
@lazmotron 5 жыл бұрын
Excellent video explanation. Thank you both.
@jeremybentley820
@jeremybentley820 4 жыл бұрын
Brilliant - really informative! vicariou enjoyment listening to your planning. Do hope all goes well and I sure hope you will share some of your adventures. Best wishes.
@SailingSoulianis
@SailingSoulianis 4 жыл бұрын
Thanks Jeremy!
@57koop
@57koop 5 жыл бұрын
Hey guys just found your channel and subscribe I’m really enjoying it! I follow quite a few sailing channels and you guys are right in there with the best keep it up and before long you’ll have well over 100,000 followers very informative thank you
@cordemaris2211
@cordemaris2211 5 жыл бұрын
Great insight guys, thank you! Sharing money related info is tricky as it really means putting yourself out in the open and sometimes it makes people judgemental. On the other it's extremely valuable for whomever is seeking to take the same path. To be honest you've just inspired me of putting together a similar video as my story is quite similar, although the money part is different. Greetings and fair winds :)
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Glad to hear it!
@rafaelcamilo2904
@rafaelcamilo2904 4 жыл бұрын
Thank you for the initial financial detail of the purchase. Very critical. Thanks again!
@moejaime2654
@moejaime2654 5 жыл бұрын
Love your videos and find it so cute the way you two make googly eyes at each other !
@fijifantastic
@fijifantastic 4 жыл бұрын
Thanks a lot for the great information. It has helped us a lot. Happy Sailing friends :)
@mikeoreilly7122
@mikeoreilly7122 5 жыл бұрын
Excellent summary of the realities!
@corylenihan2736
@corylenihan2736 5 жыл бұрын
great video , keep up the good work. happy holidays
@eadams5037
@eadams5037 5 жыл бұрын
Wisdom! Young is often not so. Starting a project together is pretty darn smart. I like seeing the thought applied to the task.
@Mayaadventures
@Mayaadventures 5 жыл бұрын
Hi there, Thank you for sharing! We are on similar mission but within tougher environment. Our hope is to make it some day soon. ;) Keep up the good work!
@carlosd.atkinson4832
@carlosd.atkinson4832 4 жыл бұрын
Good episode, second time I watched it. You all ROCK!
@johnhong2424
@johnhong2424 5 жыл бұрын
Great video. Looking forward to your future adventures.
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Thanks John!
@paterson00
@paterson00 4 жыл бұрын
Second time watching this video for good reason. It is a great one to refer back to. Hope you guys are safe and Soulianis survives on the hard there through the storm.
@SailingSoulianis
@SailingSoulianis 4 жыл бұрын
Thanks so much Paul 💛
@stulora3172
@stulora3172 5 жыл бұрын
Thank you for sharing this.... I hope to get my boat in less than a decade O_o We'll see....
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Our pleasure! Keep on, keepin' on... ⛵️
@simonw2750
@simonw2750 4 жыл бұрын
Extremely informative and well-delivered video, great. The list of upgrades/additions/repairs on any of this type of videos goes on and on like the cast list of one of those 1950s Biblical epics that Hollywood used to make, wow.
@SixString2008
@SixString2008 5 жыл бұрын
Well done very educational been following for a while now working backwards. But as a engineer/ mechanic been shouting at the screen trying to help you with the run of the mill things which I would find an every day thing. But it seems the saying of it takes all sorts fits as you are far more intelligent than me with finances and software. All the best and good luck to you both and safe sailing live the dream. I will keep following.
@paperchaser6740
@paperchaser6740 5 жыл бұрын
Great video, makes the idea of buying a boat and living a dream completely possible! Actually surprising.
@sillyoldbastard3280
@sillyoldbastard3280 5 жыл бұрын
You have done well to get out of it for $50K. I'm looking at cats at the moment and I won't get any change out of $350-400 K and factoring $60-100K for additional refit stuff.
@benfragtnach8824
@benfragtnach8824 5 жыл бұрын
Helpful. Nice presenting style. Thanks.
@dianne.murielrobidoux9008
@dianne.murielrobidoux9008 3 жыл бұрын
Congrats for baby. I was boarding trying to watch the old videos next time hope you'l be truthful about a similar situation. Take care and stay safe and private if needed.
@chriskrebs47
@chriskrebs47 5 жыл бұрын
Great presentation 😂! Seriously, good info. Thanks for sharing.
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Thanks Chris!
@mastrake
@mastrake 3 жыл бұрын
I love this video and you two are so likable!
@Schnot
@Schnot 5 жыл бұрын
I don’t know what it is, but damn this channel is great. Well done guys.
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Thanks Schnot!
@bradleydoolittle9784
@bradleydoolittle9784 4 жыл бұрын
I grew up with a Tartan 37. Great boat!
@demetriusshorts6064
@demetriusshorts6064 5 жыл бұрын
love this cam set up!!! Great work!!! really impressed with video!!!
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Thanks!
@DJ.Lekgowa
@DJ.Lekgowa 4 жыл бұрын
Love It! Have Been Following Plenty of Sailors, None As Great As Yall!
@danielhoyle3546
@danielhoyle3546 5 жыл бұрын
Very informative and interesting. Great to see you bought a very seaworthy sailboat. Really enjoy your videos. Thank you.
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Glad to hear the feedback, thanks Daniel.
@sccchiii
@sccchiii 4 жыл бұрын
This is better than anything on TV, thanks for sharing your experiences on these episodes! LOVE IT
@SailingSoulianis
@SailingSoulianis 4 жыл бұрын
Thanks for watching.
@pacedelacruz4913
@pacedelacruz4913 5 жыл бұрын
Thank youfor this valuable data, Guys subscribed! :)
@gcmoore5987
@gcmoore5987 4 ай бұрын
Been watching you guys for several years, Kirk, I like your analysis/approach/handiness and information.
@tonymontana7566
@tonymontana7566 5 жыл бұрын
I am subscribing because I love how you put it all out there because I am planning on buying a sailboat and wow dock feas Among all the other cost not cheap at all but dupable
@ronaldwarren5220
@ronaldwarren5220 5 жыл бұрын
Too old to sail away but I found this interesting. I hope you enjoy your adventures to come!
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Glad to hear it, Ronald. Thank you!
@Productsafetyguy
@Productsafetyguy 5 жыл бұрын
Check out my hero Webb Chiles, 76 years old, still sailing 6 times around the world on a 24 ft boat. You don't have to be young & buffed, or rich.
@thomastaylor6991
@thomastaylor6991 5 жыл бұрын
Excellent video. I am in the middle of a secession, unfortunately. But on the other end of it my plan is to go cruising. Looking forward to your financial video. I have cash and income but will be considering finance now. That is if the numbers add up. Thanks for the info.
@andrewb4556
@andrewb4556 5 жыл бұрын
Hi you guys THANKS FOR THE VLOG and information! Love you're work and vlogs
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Thanks Andrew!
@artagain8977
@artagain8977 5 жыл бұрын
New sub here. Just finished binging on SS with a cup of Peet’s. Thumbs up on all of them. You guys are great! More content please!
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Thank you
@brotherbryan2414
@brotherbryan2414 4 жыл бұрын
Thank you. I really appreciate you sharing this personal information. It’s hard to be like me on the outside of the boat world thinking about buying a boat and everybody is so secretive about what they paid for things. Found this very helpful. Blessings
@DirrelD
@DirrelD 4 жыл бұрын
I stumbled into video while randomly while researching another water topic. This video made me realize that a "good enough" boat is "just" 50k. You changed my life, I'm working on a new set of goals for the next 3 years.
@SailingSoulianis
@SailingSoulianis 4 жыл бұрын
That's fantastic, Glad you enjoyed it!
@djm9276
@djm9276 4 жыл бұрын
Very impressive. Wow. You two are very bright ! Keep up the good work .
@wilvanlonden1962
@wilvanlonden1962 5 жыл бұрын
Beautiful Sparkman & Stephens designed Tartan 37, a real beauty. Looks similar to my Contessa 32.
@familiaporelmundo
@familiaporelmundo 5 жыл бұрын
Very informative Video. Thx for sharing. We set up with the 50000 budget. Finally we ended up at prox. 70000. but the upgrads are openend. So sometimes it's better to stick to the "keep it simpel rule". As less you have as less will brake.
@57koop
@57koop 3 жыл бұрын
Great video I really enjoy watching you guys
@splintmeow4723
@splintmeow4723 2 жыл бұрын
Thank you for helping 🥰
@timboudreaux2773
@timboudreaux2773 5 жыл бұрын
well done very useful info as I am looking for a boat now. Thanks Tim
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Awesome glad to hear it Tim!
@thommackenzie9436
@thommackenzie9436 2 жыл бұрын
Outstanding Awesomeness Guys !!!!!
@josephkeck7723
@josephkeck7723 4 жыл бұрын
Great job, good editing, kept it from dragging.
@tiborkiss9186
@tiborkiss9186 5 жыл бұрын
Great info! I like your thorough approach. Keep up with the healthy financial planning!
@mastheadmike
@mastheadmike 5 жыл бұрын
Incredibly transparent discussion. Thanks for laying that out on the table. When you committed to turning the dream to a plan 10 years ago did you have to develop or take a new job/career that allowed you to work remotely or was that something you were already doing? My current career as a chef may be OK for working on a boat but not on my “own” haha! Off shore CPA may be a better job.
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Hi Mike, thankfully (luckily/subconsciously?) Lauren and I both chose "careers" that transitioned well into remote working. We both studied digital media in college, and have had the option to work remotely on some level or another for most of our working life.
@jackrabbit5047
@jackrabbit5047 5 жыл бұрын
Very nice and thoughtful discussion. I would add my voice to the many who advise against buying a boat that requires you to go into debt, as that is a very bad bargain. I see lots of people who buy a bigger/fancier boat than they can really afford on credit, which is pretty easy to access these days, sucking them into an endless cycle of debt that becomes hard to climb out of. There are plenty of perfectly serviceable cruising boats that will take you anywhere which can be had without breaking the bank - just look at Project Atticus on KZfaq. A competent sailor should know how to effect repairs to every system on their boat, so that you may target a reasonable price point by buying a boat needing a bit of work. Most electronics are overpriced junk and not an absolute requirement to go sailing or even long range cruising: paper charts and basic seamanship skills have worked just fine for generations of world cruisers. A hand-held GPS which can be had for a couple of hundred dollars might be the only enhancement you really need if you can't do celestial navigation. You have to remember that, like automobiles, boats are a depreciating "asset", and when the day comes that you want (or need) to resume a regular land-bound life - and everyone gets to that point eventually - you will not come anywhere near re-couping what you have put in it, and you will have lost ground in terms of securing real assets, like owning a house, etc..
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Hi Jack, thanks for the thoughtful response. We didn't go into much detail about this portion of the discussion because we can only drone on for so long before we'd lose your attention :) And, unfortunately we didn't have the "Cash or Finance" tool ready for sharing just yet. However, it's a discussion I'd really like to get deeper into, because there is a lot to talk about there. So many misconceptions about financing and insuring older boats... We were prepared to buy in cash and had 100% of the costs in the bank. It wasn't until we got very serious about making offers that we realized financing was actually an option. So we sat down, ran the numbers and decided that financing the boat and investing the cash was a better financial decision for us than buying it outright. -K
@jackrabbit5047
@jackrabbit5047 5 жыл бұрын
Hey, you guys rock, and I really enjoy your vids. Keep them coming! @@SailingSoulianis
@yachticus
@yachticus 5 жыл бұрын
Jack - I hear what your saying - as a counter argument these guys seem to have their collective heads screwed on. What is more important is the visibility of cash flow - and from what I can see they are all across it - whether you buy or lease - or amortise the cost in some other way is really quite immaterial if you can pay attention and meet your cash flow - in reality not different to buying a house with mortgage - with one exception - this is heaps more fun.
@serge470
@serge470 5 жыл бұрын
Regular boring life??.....no thanks!
@H2Dwoat
@H2Dwoat 3 жыл бұрын
Hi, that was interesting thanks. I thought of another expense, all the travel when trying to find a boat and checking out potential purchases in the first place.
@MsStrong30
@MsStrong30 5 жыл бұрын
First, thanks for sharing all of that information. It was a very informative episode, also kind of boring, but still appreciated. I just looked at a Tartan 30 for sale two weeks ago. There is a Pearson 30 and an Alberg 30 I would like to look at before I make any decision. So the information you provided in this episode is important and helpful to me.
@gfxfilms2012
@gfxfilms2012 4 жыл бұрын
9:42 - the answer
@AS-cq6uq
@AS-cq6uq 4 жыл бұрын
The real hero
@marshalllhiepler
@marshalllhiepler 4 жыл бұрын
Yeah, it was like watching the tide come in. 😂
@yashbhatt3815
@yashbhatt3815 3 жыл бұрын
Saved my life!
@lonner98
@lonner98 5 жыл бұрын
Great advice. Thank you.
@bartwesp4303
@bartwesp4303 5 жыл бұрын
Fine work all around!
@hansjensen7823
@hansjensen7823 5 жыл бұрын
Great video guys!
@Heywoodthepeckerwood
@Heywoodthepeckerwood 3 жыл бұрын
Great info. Thanks.
@bill4nier
@bill4nier 5 жыл бұрын
Awesome discussion! Well done on keeping things with the budget! And congratulations (even if I said it before)! Thanks for sharing. 👍👍👍👍👍👍😍⛵⛵⛵⛵⛵⛵⛵⛵
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
Many thanks!
@paulyoung5073
@paulyoung5073 5 жыл бұрын
Just subscribed.... love the no BULL info 👍
@SailingSoulianis
@SailingSoulianis 5 жыл бұрын
😁🤙
@snakeplisken4278
@snakeplisken4278 5 жыл бұрын
How did you setup your passive income...that would make a great vid I'm sure.
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