IMHO I don't know why anybody would buy a boat slip. First of all most
condo marinas also have annual "condo" fees that come damn near what
the annual rent would be somewhere else. On top of that if the marina
decides to do a big project your charged extra for that too. The big
falicy however is that they tell you that you own it and it will always
go up in value. Hogwash. Every slip "purchase" contract I've ever
seen tells you in the small print that you only "own" it for 99 years.
At what point during this period do you think you wouldn't be able to
get a nickel for it? One of the great things about owning a boat is
that it's moveable and you can take it to new venues anytime you want.

IMHO I don't know why anybody would buy a boat slip. First of all most

condo marinas also have annual "condo" fees that come damn near what
the annual rent would be somewhere else.


You're "honest opinion" is just as worthless as your info on boats.
A 40 foot slip was selling for about 10K on City Island in 2000. Two
recently sold for 20K and 23K. In addition renting a 40 foot slip will
cost 4300 a season (with fees) vs. 2800 if you own it. You are correct
that the slips are only good for another 75 years or so, which might be
a worry if you buy a slip when you're 3 years old and plan to sail in
your 80's.

Sloco screwed the pooch AGAIN. Not everyone lives in such poor areas as
you Sloco.

RB
35s5
NY

"Capt. Rob" wrote in message
oups.com...
IMHO I don't know why anybody would buy a boat slip. First of all most

condo marinas also have annual "condo" fees that come damn near what
the annual rent would be somewhere else.


You're "honest opinion" is just as worthless as your info on boats.
A 40 foot slip was selling for about 10K on City Island in 2000. Two
recently sold for 20K and 23K. In addition renting a 40 foot slip will
cost 4300 a season (with fees) vs. 2800 if you own it. You are correct
that the slips are only good for another 75 years or so, which might be
a worry if you buy a slip when you're 3 years old and plan to sail in
your 80's.

Sloco screwed the pooch AGAIN. Not everyone lives in such poor areas as
you Sloco.

RB
35s5
NY


Don't you need a realtor's license to sell slips in New York?

You're "honest opinion" is just as worthless as your info on
boats.

This from someone who bought a boat for it's instructor platform.

35s5 ......... always at the back of the pack.

One also needs a broker license to "broker" boats for sale. I pointed this
out to Bob a while ago, and I wondered what he was actually doing, since I'm
sure he wouldn't break the law.

--
"j" ganz @@
www.sailnow.com

"Steve Dooley" wrote in message
. ..

"Capt. Rob" wrote in message
oups.com...
IMHO I don't know why anybody would buy a boat slip. First of all most

condo marinas also have annual "condo" fees that come damn near what
the annual rent would be somewhere else.


You're "honest opinion" is just as worthless as your info on boats.
A 40 foot slip was selling for about 10K on City Island in 2000. Two
recently sold for 20K and 23K. In addition renting a 40 foot slip will
cost 4300 a season (with fees) vs. 2800 if you own it. You are correct
that the slips are only good for another 75 years or so, which might be
a worry if you buy a slip when you're 3 years old and plan to sail in
your 80's.

Sloco screwed the pooch AGAIN. Not everyone lives in such poor areas as
you Sloco.

RB
35s5
NY


Don't you need a realtor's license to sell slips in New York?

rgnmstr wrote:
IMHO I don't know why anybody would buy a boat slip. First of all most
condo marinas also have annual "condo" fees that come damn near what
the annual rent would be somewhere else. On top of that if the marina
decides to do a big project your charged extra for that too.

And if the docks are damaged by a hurricane, you have to pay
for that. If you go on a cruise, they usually retain the
right to rent it somebody else & keep the money themselves.
Etc etc.

... The big
falicy however is that they tell you that you own it and it will always
go up in value. Hogwash.

Sure. Supply & demand of boat slips goes up and down in
cycles, like everything else. But some people are convinced
that it makes more sense to "own" it and that they *will* be
able to sell it for a profit... and it's possible they can,
but not guaranteed.

Some people seem to have a psychological hang-up about
OWNING things, if you lack this hang-up it doesn't make sense.



.... One of the great things about owning a boat is
that it's moveable and you can take it to new venues anytime you want.


The best reason of all to not own a slip.

DSK

Why do you not really own it? What is the problem with actually buying
a slip rather than waht seems to be a long term lease.