40FT SLIP

It's hard enough to sell a boat in this economy, I would hate to have to try to sell a slip. It's much easier to rent and not to have to worry about maintenance and renting/selling when you don't want it anymore.
 
I guess you are right I won't make an offer! I have thought about buying a home in a marina development that comes with a slip but I don't think they got the approvals they needed.
 
I would have done something like that. It would be great to have your boat in the back yard, but after Sandy I changed my mind.
 
I don't want my boat in my back yard, I would never use it. I like the marina experience I like the social aspect of boating for this reason I don't want a water front house but a nice condo or town house in a development with a marina would be nice.
 
"Twelve years ago they got $100,000.00 for a space. Now the marina is asking $10,000.00 for the same size spot."

$100,000?? just for space on a rack??? Not only is that an insane number, but I cant see that.
 
If I own a $60K boat, I am not going to spend $100,000 just to store it.
 
quote:
Originally posted by BoatCrazy

"Twelve years ago they got $100,000.00 for a space. Now the marina is asking $10,000.00 for the same size spot."

$100,000?? just for space on a rack??? Not only is that an insane number, but I cant see that.

Click to expand...

Times were good ten years ago. Everyone was splashing money around. Plus all the stories about marinas closing so waterfront condos could be built. "You will have no place to put your boat unless you buy now." They were sold as real estate investments. We all know how that turned out. My wife has a son living in Naples. That's where I got this info from. And yes that is an insane number. That's why they didn't sell out.
 
quote:
Originally posted by pocket change

quote:
Originally posted by BoatCrazy

"Twelve years ago they got $100,000.00 for a space. Now the marina is asking $10,000.00 for the same size spot."

$100,000?? just for space on a rack??? Not only is that an insane number, but I cant see that.

Click to expand...

Times were good ten years ago. Everyone was splashing money around. Plus all the stories about marinas closing so waterfront condos could be built. "You will have no place to put your boat unless you buy now." They were sold as real estate investments. We all know how that turned out. My wife has a son living in Naples. That's where I got this info from. And yes that is an insane number. That's why they didn't sell out.

Click to expand...


People thought times were good ten years ago and mortgaged everything they wanted with no money down, interest only, and kept the train moving. Well we have run out of track and times are much tougher. Boating is last on most people's list. Hell after the storm people were praying for their boat to get totaled as they were upside down on the note. It will be a long time for boating to return to its former glory and fuel cost is the major factor.
 
Look at the bright side there will be more room in the coves!
 
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