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Wayne.B

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Ownership Question/Survey

On 13 Dec 2003 21:55:56 -0800, (Sean
Sullivan NYC) wrote:

They also will return my equity after
a 6 year period.

===============================

What equity?

This is basically a time share operation and everything depends on
what kind of boating you like to do, AND most importantly, the quality
and commitment of the management company. If they have no track
record that you can check, and they probably don't, you have no way of
knowing whether or not they'll still be around in a year, or if the
boats will be well maintained. That's a big risk in my opinion.
Meanwhile you'll be paying about $300 per day on the water which is
probably on the low side for a heavily used boat of that size.

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