Captain DJ
Senior Member
- Joined
- May 18, 2016
- Messages
- 152
- Location
- United States
- Vessel Name
- m/v "Ramble On"
- Vessel Make
- Cheoy Lee 34
For the first time since before 9/11 I am the cause for a Yachtworld Ad to Read ¨Sale Pending¨
https://www.yachtworld.com/boats/1986/defever-rph-49-3650548/
I have done some crazy things:
Now I am talking myself into breaking a rule I made when I finally sold my last trawler: Never buy a boat too big to trailer unless you are going to live on it or cruise pretty much full time.
Now I have signed off on this 1986 DeFever RPH 49 Trawler that looks to be well suited for my eventual cruising plans. I need some of the devil's advocates and naysayers to tell me why buying this boat is a bad idea.
I have the cash to buy it, but it does put a whallup on my piggy bank. My wife is okay with it. We have our home paid off, our commercial rental property paid off and rented with solid renters for many years, had until Covid a solid income from our hotel & restaurant. And only hope that will return some day or some year. Have a decent 401k and IRAs. But I am currently still full time employed, but becoming less and less happy with my gig.
My wife is a nurse and has had 4-6 years off work to care for a sick and aged mother, that has now passed. We hope she can work one or two Travel Nurse 12 week contracts a year. I may continue what I do, as it is portable and may even do better if I explore the West Coast and PNW in particular. We can rent or lease out our ¨beach home¨ and could have between $4-7k in passive income per month.
Plan is to cruise the Sea of Cortez (Gulfo de California) for a year or two on and off. Meanwhile keep a slip in San Carlos and make that home base. Get our beach house set up for being a rental, hope the hotel & restaurant business comes back, become more sure the businesses that rent from me can weather the Pandemic Storm. And then head up the West Coast. Maybe making a migration with the Orcas that come to the Nursery of the Pacific every Winter and then back to pod-life in PNW. This too could be an annual or bi-annual event.
Please, tell me what I am missing on this acquisition. I know a boat struck person is at times, half blind. I also know I am bad to come up with rationalizations to allow me to do crazy things. These Crazy Things have made for an interesting and full life. Thanks in advance for your advice and counsel.
https://www.yachtworld.com/boats/1986/defever-rph-49-3650548/
I have done some crazy things:
- Owned a 1956 Chris Craft Constellation Convertible and restored it.
- Bought and cruised a 42 Classic Grand Banks woodie
- Lived aboard and cruised most of the Great Loop, (clockwise)
- Bought a 300 year old hacienda turned hotel in Old Mexico.
- Lived in Mexico, near the beach in San Carlos for over a decade.
Now I am talking myself into breaking a rule I made when I finally sold my last trawler: Never buy a boat too big to trailer unless you are going to live on it or cruise pretty much full time.
Now I have signed off on this 1986 DeFever RPH 49 Trawler that looks to be well suited for my eventual cruising plans. I need some of the devil's advocates and naysayers to tell me why buying this boat is a bad idea.
I have the cash to buy it, but it does put a whallup on my piggy bank. My wife is okay with it. We have our home paid off, our commercial rental property paid off and rented with solid renters for many years, had until Covid a solid income from our hotel & restaurant. And only hope that will return some day or some year. Have a decent 401k and IRAs. But I am currently still full time employed, but becoming less and less happy with my gig.
My wife is a nurse and has had 4-6 years off work to care for a sick and aged mother, that has now passed. We hope she can work one or two Travel Nurse 12 week contracts a year. I may continue what I do, as it is portable and may even do better if I explore the West Coast and PNW in particular. We can rent or lease out our ¨beach home¨ and could have between $4-7k in passive income per month.
Plan is to cruise the Sea of Cortez (Gulfo de California) for a year or two on and off. Meanwhile keep a slip in San Carlos and make that home base. Get our beach house set up for being a rental, hope the hotel & restaurant business comes back, become more sure the businesses that rent from me can weather the Pandemic Storm. And then head up the West Coast. Maybe making a migration with the Orcas that come to the Nursery of the Pacific every Winter and then back to pod-life in PNW. This too could be an annual or bi-annual event.
Please, tell me what I am missing on this acquisition. I know a boat struck person is at times, half blind. I also know I am bad to come up with rationalizations to allow me to do crazy things. These Crazy Things have made for an interesting and full life. Thanks in advance for your advice and counsel.
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