How broke people can finance a long boat adventure like the Great Loop

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  • Опубликовано: 17 окт 2024

Комментарии • 82

  • @wanting2sailssw256
    @wanting2sailssw256 3 года назад +18

    I'm 43,
    layed brick for 30yrs. I'm trying to take my 18yr old son with me and navigate the Great Loop. Trying to plan and leave within 2yrs. I'm so glad I came across this channel. I have a 23ft cuddy cabin but its NOT what I will use, it would be a bit crowded for an adult and a teenager. I'm think $50,000'ish will get me a vessel i can work with. Ya'll look so happy.

  • @donaldslider8650
    @donaldslider8650 2 года назад +4

    I have a 30' 63 island seas steel craft the boat is 59 years old and it has 2 fresh inboard gas motors on it. I have plans of starting the loop in Sept from Cleveland area. This desire to do the loop is a daily thought. I appreciate how you say just go for it and I can tell this is going to be a adventure of a lifetime. Plus this time will give me a chance to intercede for or great nation from different parts of the country. Thank you again for this video you are a inspiration to me

    • @MarkandMel
      @MarkandMel 9 месяцев назад

      Thanks! Wish we had found this video 3 years ago! Great info! We are 25 percent thru the loop😅

  • @barelyafloatwithsteve3975
    @barelyafloatwithsteve3975 2 года назад +4

    I've watched your video several times, I find it inspirational. Everytime I get down and think I'm getting too old (I'm probably 15-20 years older than you) or I'll never be able to afford it, I watch and listen to the message ... Pick your moment and just go for it. Thank you, and I hope you're doing well ‼️⚓⚓⚓

    • @bradp2772
      @bradp2772 2 года назад +1

      Wish they would update the adventure...

  • @duanedumont9967
    @duanedumont9967 4 года назад +10

    Nice job. Nice to hear how people actually accomplish the trip.

  • @tarekmirdad
    @tarekmirdad Год назад +1

    I ENJOYED YOUR VIDEO VERY MUCH. THANK YOU VERY MUCH.

  • @MashpeeDavid
    @MashpeeDavid 3 года назад +2

    Great video! Thanks. I'm two years away from retiring and like your ideas of not putting things off too long. (I still regret not buying that '84 Ocean Alexander in RI last year.) I subscribed, too.

  • @jimgibson2434
    @jimgibson2434 Год назад +2

    I am 76 years old and looking at buying my next boat to do the Great Loop on.

  • @ThisIsZ4Real
    @ThisIsZ4Real 3 года назад +1

    My wife and I are NEVER at our home, and we just put our RV up and moved on our Chris Craft Cruiser Yacht full-time for the summer to prepare for living aboard and traveling the ICW and the Caribbean... 🌞🏝🛥🌊😎✌🏿
    Thanks for sharing.
    #BoatLife
    #CTZTravel
    #LandSucks
    #EverydayIsAVacation
    #TheBlackZimmermans
    #AroundTheWorldWithChrisAndTeal
    #TheAdventurousLifeOfChrisAndTeal

  • @motorv8N
    @motorv8N 3 года назад +3

    Great insights - thank you for sharing your personal ideas and experience.

  • @chickenshippfarmsandoutdoo4617
    @chickenshippfarmsandoutdoo4617 2 года назад +2

    I was sad to see that you haven't added anymore videos 😔 Hopefully you guys had a great time on your trip of a lifetime.

  • @gmaclaren
    @gmaclaren Год назад

    Great info about internet. Thanks.

  • @foggybottombbq1916
    @foggybottombbq1916 2 года назад +1

    Great content and insights. We have just started our planning for our trip in 5 years. In your experience, what boat price should we budget for? We are interested in an older boat, plan to use it for the loop, and then sell it. Traveling with 4 adults.

  • @westtexasdave2140
    @westtexasdave2140 8 месяцев назад

    How hard was it to find water for your tank while staying on the hook most of the time?

  • @travelingtimothy
    @travelingtimothy 2 года назад

    I love your stuff! You are proving it can be done and you don’t have to be a Texas millionaire or sell seminars. Would you teach me how to be a musician?

  • @iamgriff
    @iamgriff Год назад

    Do you think this trip is possible on a 21’ Liberator Runabout?

  • @domfalson1561
    @domfalson1561 3 года назад

    I enjoyed that very helpful

  • @kingtob5061
    @kingtob5061 3 года назад +2

    Boat tour? We're buying a trawler and starting our journey in June. If I see ya my poor butt will buy yours a drink lol. Are more videos coming. The hardest thing my wife and I are having is picking insurance.

    • @howtoliveonaboat8715
      @howtoliveonaboat8715  3 года назад +1

      We use CHUBB insurance. Basically, take what you can get! We had to provide our survey.

  • @khoatran9482
    @khoatran9482 3 года назад +1

    Thanks for the video. I dunno if I missed it but did you actually cover the process of acquiring boat financing? Totally get it if you don't share your personal finances. Just curious how much income to finance it etc. It seems like you probably carry 0 debt since you like paying for everything outright.

    • @philOKC
      @philOKC Год назад +1

      They only borrowed 20 grand. Signature loan.

  • @Thfeyhvfdetyhbvcd
    @Thfeyhvfdetyhbvcd 2 года назад

    Many people do the loop with boats costing hundreds of thousands of dollars. Looking “up” at their yachts would make an average middle-class worker feel “poor” in comparison.
    Perhaps a better title might have been “Doing the Great Loop on a middle-class budget” or something like that.
    One caveat in buying a boat for the loop, with the intention of selling it afterword, is the depreciation hit you’re bound to suffer, especially if you’ve put any money into the boat.
    I do like your idea of renting out your house for a year.

  • @jarodstrain8905
    @jarodstrain8905 3 года назад

    On the subject to boat financing, I've been told if you don't have a credit score above 720 you are really wasting your time even asking. What was your experience with that?

  • @doctorkayak
    @doctorkayak 2 года назад

    "we also have a RUclips channel" Really? Amazing!

  • @marcogm55
    @marcogm55 Год назад

    Did you guys change your page or no longer boaters I enjoyed your post and we have similar boats hope you are OK

  • @xrtroger
    @xrtroger Год назад

    WHAT ABOUT STARLINK IS THAT AN OPTION ?

  • @michaelashcraft8569
    @michaelashcraft8569 2 года назад

    Don't I have to get a Boat/Yacht/Ship/Trawler, or, LARGE Canoe FIRST?? I would like to live aboard my (see above) since that's the only way I could sail the Loop to my Heart's content, but, they are sooo,,expensive !!

  • @westtexasdave2140
    @westtexasdave2140 3 года назад +1

    How much are you spending on fuel for this trip?

    • @timgreen4137
      @timgreen4137 3 месяца назад

      For comparison, Sho and Jo spent a bit over $10k on fuel when they did the loop.
      Calculate 6k miles. Divide that by your fuel mileage. Multiply that number by the average cost of whatever type fuel you use.

  • @foreverfixin
    @foreverfixin 3 года назад +1

    Love the idea of doing the loop 38 foot Bayliner is a good choice I have a 1983 26 foot Carver Monterey with a tri-axle trailer I am going to do bits and pieces of the loop with this boat my Dreamboat for the loop would be a late 90s 450 Carver Voyager because it would be under 50 foot morning balls and slips would be a lot cheaper I have a few videos of restoration of my Carver 26 Monterey technomadia can help you with your internet services it is a RUclips channel of a couple and a company with all kinds of Internet gadgets and gizmos antennas that will extend your range they were also on their Bayliner doing the loop right now anyways guys safe travels I just subscribed to your Channel

    • @staceyguth6830
      @staceyguth6830 3 года назад +3

      Best of luck on your adventures! The 38 foot Bayliner was the perfect choice for us, a blend of reliability (diesels), comfort (walk around Queen and a bathtub!), and price. We are real-life friends with the Technomadia folks!

    • @karendesliva6965
      @karendesliva6965 3 года назад

      @@staceyguth6830
      Good fir u guys! We would love to do the great loop. Did u document ur journey. Is there somewhere I can watch ur videos?

  • @kevinhoffman8214
    @kevinhoffman8214 2 года назад

    unhook your batteries to keep it long term storage

  • @jamesswidergal7875
    @jamesswidergal7875 Год назад

    Are you a licensed captain or a self proclaimed captain?

    • @smosh91
      @smosh91 8 месяцев назад +1

      everyone is the captain of their vessel. No Coast Guard licensure required.

  • @carlboulding5137
    @carlboulding5137 3 года назад

    Captain Dave, you didn't mention your book or your Google map.

  • @tylerevans4867
    @tylerevans4867 3 года назад +1

    Tour the boat

  • @iggyvasconcelos7191
    @iggyvasconcelos7191 Год назад

    What is your dream boat?

  • @KDD0063
    @KDD0063 3 года назад +7

    "I'm poor" ....has a house, a hybrid car, and a boat

    • @ts440s
      @ts440s 3 года назад

      Funny I just commented the same apparently they need to travel the South American or Mexican loop.

    • @The442nd
      @The442nd 2 года назад

      I guess "poor" has some levels 🤔

  • @pixbyeli
    @pixbyeli 3 года назад +9

    No offense but I don't really see how homeowners who already own a boat could really be considered poor

    • @staceyguth6830
      @staceyguth6830 3 года назад +3

      Fair enough. Though the boat has a mortgage-like loan on it, so the bank owns it. The payment is less than a couple of hundred bucks a month. In our experience, with fuel and food, and maintenance, the $2300 a month we spent is about the least amount one could hope to complete this trip with.

    • @bernie9728
      @bernie9728 3 года назад +4

      @@staceyguth6830 pixbyeli is right. I questioned the title of you video right off. The good news for you is that "poor people" are not looking at boat videos. They are too worried about a roof over their heads and where their next meal is coming from. You might want to consider a title like "boating the Great Loop on a budget". Only someone who has never been poor would put up a video with the title you picked.

    • @nelskrogh3238
      @nelskrogh3238 3 года назад +1

      Wealth is relative. I am rich to a homeless person and an insect to Bill Gates.

    • @donaldgrant9729
      @donaldgrant9729 3 года назад

      @@nelskrogh3238 sort of a strange analogy but if it helps you justify being poor then I guess everyone is an insect based on your statement. To help you understand where the other side of the tracks see it, if you live below the poverty level, you are poor. Don't confuse frugal with poor. In a pinch, the poor have no reserves to save them, the frugal do.

    • @bernie9728
      @bernie9728 3 года назад +3

      @@donaldgrant9729 I'm both. Poor people would consider me to be rich. Rich people would consider me to be poor. My only income these days is my monthly Social Security check. I do OK because every thing I own is paid for. I made sure of that before I retired. To me it matters more how much you owe rather than how much you make. I'm happy and I'm healthy and living in that sweet spot in the middle.

  • @BillSias-op7xw
    @BillSias-op7xw 3 года назад

    Poor people can sell their airplane and buy a boat, then move their stuff in to a storage building and rent their goat house, for $1800 a month and take off.

  • @cruisingschatzy
    @cruisingschatzy 2 года назад

    👊👊💥

  • @haljetdvr
    @haljetdvr 2 года назад

    1 video in a year? Where did you go?

  • @areguapiri
    @areguapiri 2 года назад

    You mean the poor people in Bangladesh and rural Lithuania can finance a nice boat adventure like that?

  • @kayakchrispy
    @kayakchrispy 3 года назад +3

    ... so if I’m poor how do I own a house to rent out ?
    No poor people I know own homes

  • @sampearce7020
    @sampearce7020 3 года назад

    Why are they closing the locks?

    • @andrewj9831
      @andrewj9831 3 года назад

      In 2020, The locks on the Il river closed for MX in the "prime" of the season (Summer-Fall). The timing of doing the Loop was impacted by this. Overall with this and Covid, 2020 was a very rough year to do the Loop.

    • @sampearce7020
      @sampearce7020 3 года назад +1

      @@andrewj9831 thanks for the reply. When I heard him say the locks were closing I thought it was a permanent thing. Got worried I was never gonna be able to do the loop , haha.

  • @randallbaker2870
    @randallbaker2870 3 года назад +7

    You lost me when you admitted you owned a hybrid

  • @ts440s
    @ts440s 3 года назад +4

    Your idea of being broke is not in touch with reality you are yachting while owning a home collecting rent, own 2cars and another boat. I would say your upper middle class not broke.Being surrounded by other boaters and wealthy people has skewed your financial compass. No hate just a observation. Anyways now that 💤 joe is president you'll be getting plenty of stimulus checks to go boating.

    • @joe-aj0yz
      @joe-aj0yz 3 года назад +4

      Perhaps a differentiation between broke and poor is necessary? "Broke" is usually not having much (or any) readily-available cash flow, while "poor" is having very few (if any) possessions; can also be a "whoa is me" state of mind.
      To me, it sounds like they are, indeed, "broke", but definitely not "poor" (neither materially nor mentally). Either way, sounds like they're having fun!

    • @markwarren515
      @markwarren515 3 года назад

      If you are in debt and have higher amount in debt than you have in cash, you are broke. Idc how much money you have.

  • @antihero7393
    @antihero7393 3 года назад

    You guys put out one video and quit?

    • @DaveRoweMusic
      @DaveRoweMusic 2 года назад

      We took a hiatus from making video to concentrate on other things. It was an idea we had and will probably do more in the future-but I make no promises.

  • @rickuyeda4818
    @rickuyeda4818 3 года назад +1

    LMAO. You need friends to help you complete YOUR dream? My neighbor wanted to store his RV at my house. I said, "Sure, my house payment too!". Me? I chose to concentrate on paying off my house and all my bills before I retired. I've been retired for 10 years now. I own my house and all my cars with money in the bank.

    • @smosh91
      @smosh91 8 месяцев назад

      wouldn't you say friends can help you achieve your dreams?
      Your neighbor definitely isn't your friend, even if they thought they were...

  • @garydaigneault8241
    @garydaigneault8241 3 года назад

    Where in ME are you from?

  • @georgewashington938
    @georgewashington938 3 года назад

    Poor people should be working, and not playing

  • @leodimonda5328
    @leodimonda5328 3 года назад +10

    Wealthy people, pretending to be poor people, telling actual poor people how to by a boat and cruise. Wow.

  • @jamesrichard9722
    @jamesrichard9722 2 года назад

    That isn’t a man bun I hope!

  • @loamy
    @loamy 19 дней назад

    Are you married? They talk like two single people

  • @RebelCowboysRVs
    @RebelCowboysRVs 2 месяца назад

    What did I just watch? This is a parody right?

  • @jeffmech600
    @jeffmech600 3 года назад +1

    Those glasses have to go bud