"Glenn Ashmore" ) writes:
BTW, just got the results of the latest insurance survey. Estimated
completed value is $245K and they think I am 85% complete. By the time I
launch the insurance premium will be almost twice as much as the epoxy.
I'm going to have to add to my savings to keep up with that. In addition
to the $70k cost of materials there has been some labour put into the
project, say 1000 hours @ $25/hr? Add in electicity usage for a bit more,
discounted over the time under construction, and the project would still
be producing an enviable return. Now, if a person could find a customer
willing to wait several years for a custom built cruiser as GA is, there's
a business opportunity.
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