BoatBanter.com - View Single Post - Is it possible to rebuild boats and come out ahead?

wrote:

Thanks Peggy!

those are some things to be considered.

I'm valueing all the opinions I have gotten so far.

Sounds like you did "ok"

Yep...and I had the use of the boat for 4 years too.

There will always be old or storm damaged "project boats" available,
some which only need cosmetic work, others which need a lot more. If
you want to do this, I suggest you start by finding one you'd like to
own. Then you can take all the time you need to learn how to do it
right, have the use of the boat once you get it past a certain
point...and then decide whether to keep it or sell it and look for
another one to restore.

Fwiw, I'd do it again in heartbeat...not with the idea of making a
profit, but to have everything on a 32-38' boat for $50k that would run
$175-250k for comparable new...and with class and style too, instead
of something that looks like the inside of a refrigerator or a
fiberglass showerstall with upholstered seats.

--
Peggie
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Peggie Hall
Specializing in marine sanitation since 1987
Author "Get Rid of Boat Odors - A Guide To Marine Sanitation Systems and
Other Sources of Aggravation and Odor"
http://www.seaworthy.com/store/custo...0&cat=6&page=1
http://shop.sailboatowners.com/detai...=400&group=327