On Feb 15, 8:35 am, wrote:
On Feb 15, 10:13 am, "KLC Lewis" wrote:





wrote in message

ups.com...

Good Gravy. It's supply and demand. Here developers plop down 20
million for property thats on the Tax roll at 3.5 million. Then they
build 40 story condos. Don't like it... move. What do you want, Govt
cheese paid to your marina owner to keep it from becoming a resort for
rich snowbirds? Tearing up peoples property because you can not afford
to stay is pretty ****ty IMO.

If I were in Skip's position I would tell the insurance company to
take the boat now, and give me a check. I would argue that the boat
became a total loss on the reef, once the USCG lifted them off the
deck it belonged to the insurance company AS IS. Get a job, and a
lawyer... find another boat and start over a bit wiser.

Second option is to work your ass off screwing plywood over holes,
get the engine running and limp back up north on the ICW until he
finds a yard not in such demand that will allow him to live aboard as
he repairs the boat. Trucking the boats going be very expensive, i'd
guess 8-10K. We had scores of boats in worse condition limp here
(Houston) after Katrina & Rita for repairs.

Joe

I bet the Marina in the Key's deal with the issue of insurance boats
all the time. Work yards make money working, not storing boats.

Rather drastic, Joe. From what I've seen and read from Skip's reports,
Flying Pig is bruised, but hardly broken. "Totalled" is only an insurance
company's description of a boat they think will cost more to repair -- at
yard and contractor's rates, to put back into the same condition as she
was -- than she is worth. A cheap yard and plenty of sweat equity on Skip
and Lydia's part can heal the "ouches" and put FB back to rights again for
substantially less.- Hide quoted text -

- Show quoted text -

Hull compression, blown out bulkheads, removing the interior,
ect..ect..ect is totaled IMO at 140K. If the insurance knows he want
to keep the boat then he will deal with 30+ salvage, yard fees,
transport, temp living, supplies, surveys,re-insuring,
ect..ect...ect....then the insurance is going to say the boat is worth
50-80K as-is leaving Skip a total of not much to work with. If he
walks with 100K he could find a nice replacement and avoid lots of
grief.

And most likely the insurance company will sell the boat on ebay for
next to nothing here in a few mo's.

Joe- Hide quoted text -

- Show quoted text -


And buy the way, how much is your time worth? Will Skip need to pay
himself $4.50 per hour to make the salvage pencil-out? Sweat equity is
a real bargin.......................... for the one buying the boat.

How often have I hearn experinced boat owners/builders say NEVER put
$100,000 in to a $80,000 boat that will be worth $102,000 when
finished.

Maybe it would work since Skip is asking for VOLUNTEERS and
DONATIONS!

How much is a Flying Pig worth after the fix? Considering the market
is already full "ruffed-up" Kitrina/Rita sailboats?

How much money will Skip have invested totally from first purchas to
after the fix?

Add, I read one of Skips Blog post saying somthing to the effect that
his fixed pig would be able to handle 30' seas. Pleae, he could not
even hand 8' seas. To me that indicates the guy thinks life is a game
of Candy Land. From my reading here and the few posts Skip and I have
exchanged he seems a very honest, likable, hard working, and
trustworth guy. But I think he's like that monkey with his fist around
the banana in a glass jar. He can see the banana. Wont let go. But can
not get his fist out of the jar to enjoy what he wants.
Banana Bob