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Gould,
There seems to be a touch of jealousy in your tone. -- Starbuck .... Design before coding, and all will flow smoothly wrote in message oups.com... Forbes list of the 400 wealthiest Americans comes out tomorrow. There are a handful of well-to-do public figures who either failed to make the list, or have been displaced. Among the missing this year will be Michael Jordan, Michael Jackson, Bill Cosby, the casino owner Nielsen, and Teresa Heinz Kerry. I'm sure there's no truth to the rumor that some of these luminaries have been nudged into relative asset oblivion by owners of those cookie cutter McMansions scattered around the cul-de-sacs of suburban Naples. AFAIK, you need a net worth of at least a $billion to make the list, and achieving that would require the purchase of perhaps two houses in Naples and then waiting another 18-24 months. :-) |
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So, if boating is important to you, move to place where marinas are cheaper.
The cheapest marina of all is a dock in front of your house. You control the cost, and also get to enjoy an appreciating asset. |
"DSK" wrote in message ... So, if boating is important to you, move to place where marinas are cheaper. wrote: The cheapest marina of all is a dock in front of your house. You control the cost, and also get to enjoy an appreciating asset. Not really. I bet it feels good though. Nobby said he's paying $5K a month on an interest-only mortgage.... my slip doesn't cost that much in two years. My slip plus my mortgage aren't half what his cost. My wife and I sporadically look at waterfront property, but the premium is too high most places that are actually desirable. When the bubble bursts, maybe we'll buy in... but not in Florida, for sure. Been there, done that. A place on the water that has an existing dock is an asset and it will only appreciate in value over time. Have you looked into the cost of getting a new dock built lately. |
On Thu, 22 Sep 2005 15:06:17 -0400, DSK wrote:
So, if boating is important to you, move to place where marinas are cheaper. wrote: The cheapest marina of all is a dock in front of your house. You control the cost, and also get to enjoy an appreciating asset. Not really. I bet it feels good though. Nobby said he's paying $5K a month on an interest-only mortgage.... my slip doesn't cost that much in two years. My slip plus my mortgage aren't half what his cost. My wife and I sporadically look at waterfront property, but the premium is too high most places that are actually desirable. When the bubble bursts, maybe we'll buy in... but not in Florida, for sure. Been there, done that. DSK What does a 45 foot trailer rent for these days? -- John H "All decisions are the result of binary thinking." |
wrote in message ... On Thu, 22 Sep 2005 19:20:15 -0400, "Bert Robbins" wrote: A place on the water that has an existing dock is an asset and it will only appreciate in value over time. Have you looked into the cost of getting a new dock built lately It isn't just money. Permitting can be almost impossible if anyone saw anything that looked remotely like a manatee within a couple miles of your dock. Lee County may still be underr a total moritorium. They say they lifted it but I am not sure any permits have actually ground their way through the goverrnment maze. Bingo! It isn't just So. Fla. that has this problem. You buy a place on the water with the hope of building a dock and then find out that you can't get through the permitting process becasue there are local, state and federal hoops that you have to jump through! So, if you want a dock then buy a piece of property that has a dock and fix it up! |
"DSK" wrote in message ... So, if boating is important to you, move to place where marinas are cheaper. wrote: The cheapest marina of all is a dock in front of your house. You control the cost, and also get to enjoy an appreciating asset. Not really. I bet it feels good though. Nobby said he's paying $5K a month on an interest-only mortgage.... Actually, I'm paying $3835 on the interest only mortgage..and another $1/mo. on property taxes and insurance. my slip doesn't cost that much in two years. Any in-water slip down here will run you $400-500/mo...or a lot more depending upon size. My slip plus my mortgage aren't half what his cost. Great. But how long have you been in your home? My wife and I sporadically look at waterfront property, but the premium is too high most places that are actually desirable. When the bubble bursts, maybe we'll buy in... but not in Florida, for sure. Been there, done that. The demand for wterfront down here so far exceeds supply, that they'll never be a "good buy" for waterfront property in Southwest Florida, no matter what the national real estate "bubble" does. |
"Harry Krause" wrote in message ... DSK wrote: So, if boating is important to you, move to place where marinas are cheaper. wrote: The cheapest marina of all is a dock in front of your house. You control the cost, and also get to enjoy an appreciating asset. Not really. I bet it feels good though. Nobby said he's paying $5K a month on an interest-only mortgage.... my slip doesn't cost that much in two years. My slip plus my mortgage aren't half what his cost. My wife and I sporadically look at waterfront property, but the premium is too high most places that are actually desirable. When the bubble bursts, maybe we'll buy in... but not in Florida, for sure. Been there, done that. DSK The marina near me charges $450 for trailer boat storage and ramp usage, and anywhere from %1500 to about $2200 a year for a slip, depending on the size. The marina near me closed. The marina down the road from me closed. The marinas north of me are full. The boat ramps are full by 8:00am on weekends. If you're a boater down here, you're willing to spend a lot more for the luxury of having your boat in the backyard. |
"NOYB" wrote in message ink.net... "Harry Krause" wrote in message ... DSK wrote: So, if boating is important to you, move to place where marinas are cheaper. wrote: The cheapest marina of all is a dock in front of your house. You control the cost, and also get to enjoy an appreciating asset. Not really. I bet it feels good though. Nobby said he's paying $5K a month on an interest-only mortgage.... my slip doesn't cost that much in two years. My slip plus my mortgage aren't half what his cost. My wife and I sporadically look at waterfront property, but the premium is too high most places that are actually desirable. When the bubble bursts, maybe we'll buy in... but not in Florida, for sure. Been there, done that. DSK The marina near me charges $450 for trailer boat storage and ramp usage, and anywhere from %1500 to about $2200 a year for a slip, depending on the size. The marina near me closed. The marina down the road from me closed. The marinas north of me are full. The boat ramps are full by 8:00am on weekends. If you're a boater down here, you're willing to spend a lot more for the luxury of having your boat in the backyard. Besides the fact that the net cost of the 5k a month is only 3k a month........something the brain dead liebrals cannot comprehend. |
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