Gene Kearns wrote:

On Thu, 26 Apr 2007 01:00:21 GMT, Short Wave Sportfishing penned the
following well considered thoughts to the readers of rec.boats:


On Wed, 25 Apr 2007 20:45:37 -0400, Gene Kearns
wrote:


On Wed, 25 Apr 2007 20:01:18 -0400, JimH penned the following well
considered thoughts to the readers of rec.boats:


...........your marina?

For me............26 miles...........a little over 1/2 hour drive.


When I used a Marina.... about 5 miles, but with a $350 minimum slip
fee.... I'm now trailering again.... about 1.5 miles....

$350?

Cripes - that's cheap.


Yeah... regional.. I know.


We have a price war going on at the marinas now, one o them has dropped
to 960.00 for the summer season (10 x 30 finger dock) they figure it is
better to get something rather than nothing. The marina I was in last
year was over 30% empty, and wthe 30 ft and smaller were about 60%
empty. It will only get worse if the clowns push through the CO2 crap
and kill what is left of the auto companies here.



I pulled the boat about a year ago when my dockage went from $200 to
$350 overnight.

Now, over 4 years, property values have increased about 309%......

Our generation's parents and grand-parents came to this (then
affordable) coastal region because they could escape the horrors of
WWII and begin to build (Ozzie and Harriet like) families from the
ruins of previous lives. They escaped the bullets, egregious living
conditions, and loneliness of coral atolls for the promise of sun,
sand, surf, suds, and sex. They created dances: the shag, enjoyed
music: beach music, and carved out a society that was safe and
nurturing for us kids.....

The fishing fleet has died, the nouveau riche has razed the piers and
night spots for condos, and the beach music is being replaced by
rap...

the death of the greatest generation and the loss of any trace that
explains their travails..... I feel a *deep* sense of loss.....

On Wed, 25 Apr 2007 22:48:01 -0400, Animal05
wrote:

We have a price war going on at the marinas now, one o them has dropped
to 960.00 for the summer season (10 x 30 finger dock) they figure it is
better to get something rather than nothing. The marina I was in last
year was over 30% empty, and wthe 30 ft and smaller were about 60%
empty. It will only get worse if the clowns push through the CO2 crap
and kill what is left of the auto companies here.

Not around here. Minimum length is 27' and it's about $120/ft for a
slip. That's if you can get one.

"Short Wave Sportfishing" wrote in message
...
On Wed, 25 Apr 2007 22:48:01 -0400, Animal05
wrote:

We have a price war going on at the marinas now, one o them has dropped
to 960.00 for the summer season (10 x 30 finger dock) they figure it is
better to get something rather than nothing. The marina I was in last
year was over 30% empty, and wthe 30 ft and smaller were about 60%
empty. It will only get worse if the clowns push through the CO2 crap
and kill what is left of the auto companies here.

Not around here. Minimum length is 27' and it's about $120/ft for a
slip. That's if you can get one.

At Kingman Yacht Center where we have the boats, the slip fee (last year)
was $179.00 per foot plus either a $450 (30 amps) or $550 (50 amps) seasonal
fee for electricity. There is also a $150 town permit fee. The marina is
full every year with a waiting list for slips.

One of the best investments we made was to "buy" the slips rather than rent
them every year.
We still pay a small marina maintenance fee, but the market value of the
slips has doubled in 5 years.

If and when we sell the Navigator (big "if" again) and "if" we decided to
sell the slip (instead of holding it as an investment and leasing it out),
the difference in what the slip would sell for today versus what we
purchased it for 5 years ago will more than cover all the maintenance fees,
electricity, plus the winter storage fees, and yearly boat maintenance costs
(hauling, powerwashing, etc.) and taxes that we have paid since owning the
boat and still yield a return on our initial investment.

We really lucked out when the slips became available, particularly the
Navigator's slip.
It will accommodate a boat up to 55' LOA and is situated in a prime location
at the marina. Every year we have been approached by several people who
have offered to immediately buy it should we decide to sell it.

I think this is a unique situation in this part of the country due to the
scarcity of marinas and available slips.

Eisboch

One of the best investments we made was to "buy" the slips rather than
rent them every year.
We still pay a small marina maintenance fee, but the market value of the
slips has doubled in 5 years.


An asset doubling in value in five years represents a 14.87% annualized
internal rate of return over the holding period. Not bad, but I'd venture a
guess that it's probably not one of the best investments you've made.

"Short Wave Sportfishing" wrote in message
...
On Wed, 25 Apr 2007 22:48:01 -0400, Animal05
wrote:

We have a price war going on at the marinas now, one o them has dropped
to 960.00 for the summer season (10 x 30 finger dock) they figure it is
better to get something rather than nothing. The marina I was in last
year was over 30% empty, and wthe 30 ft and smaller were about 60%
empty. It will only get worse if the clowns push through the CO2 crap
and kill what is left of the auto companies here.

Not around here. Minimum length is 27' and it's about $120/ft for a
slip. That's if you can get one.

Closest is about 15 miles for San francisco Bay. The Pacific Ocean ramp is
about 45 miles, and the Sac Delta ramps are about 40 miles. Favorite lake
is about 135 miles.