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Default moorings yacht management

Laura or Brian wrote:

Does anybody have any experience with this company? The plan is, you
buy a boat from them, they charter it out and maintain it and the
proceeds from this rental use pays for the boat and allows you a
coupla months use for yourself, plus some annual profit. Eventually,
you own the boat outright and can either continue the relationship for
fun and profit or sail away into the sunset. They advertise in Sail
Magazine.
Thanks for any info.

All the comments I see are pretty negative. . I didn't see any posts
from people who have done it but if you'd like to read about/communicate
with someone who has a successful relationship with a charter company
(not Moorings) check out

http://www.usual-suspects-sailing.com

Jim.