#1 It's expensive, don't buy the wrong boat, get a survey. #2. Research insurance, don't buy the wrong boat. #3. Go on a diet, start working out and, don't buy a boat you can't realistically sail. #4. Life changes, and when it does sell you boat to nodogrunner, cheaply. #5. Set a budget and do your research, don't buy a boat you can't afford to fix or sail. #6 Stay out of debt if you can. Sell the house, sell the car, sell the dog and live as cheaply as you can for a year before making lessor needed upgrades to your boat. Insurance is harder if the bank owns the boat. #7. Become a patron. I added the last one to see if Chris was still reading.
Chris, great video and definitely an eye opener for anyone (including myself) dreaming of sailing full time one day, many things to take into consideration beyond the boat purchase. Love your "price range" videos especially the lower budget ones, keep them coming as often as you can please! I know you mentioned in several videos the cost of upgrading/maintaining your vessel but a dedicated one on this topic would be beneficial for many of us: Standing rigging, sails, tender, bottom job, engine overhaul x new engine, insurance, etc.... All the best!
You have solid content and I have learned a lot, thanks. Considering trying it when I retire, still have a few years to go but doesn't change the dream.
@@ChasingLatitudes not sure what my budget will be when the time comes, was originally looking at a Lagoon 46 used, but you got me interested in those Gemini's! I am at least 10 years out so who knows what will be out there....
Among the sailors who quit after cruising with us in the Bahamas, the main reasons were -their boats weren’t comfortable for life at anchor. Maybe they didn’t have luxuries like a generator, air conditioning or water maker -they didn’t enough spend time enjoying the locations. They spent most of their time doing maintenance, cleaning and boat projects. IMO when cruising there are 4 things you have time to do- enjoy the destination, do maintenance, clean the boat and do projects and you really only have time for 2 or 2.5 of those things. Let me just say we always had the dirtiest boat but we made the best memories. -money constraints
Damn! I only came here for the Japanese knives! This is all really solid advice. First thought I had on your last video- That woman won't last on a sailboat. Physical ability is everything on a sailboat. :)
Ok I’ve bought 4 yachts in my boat career not many 2 sailboats 2 trawlers. I’m a full time liveaboard with my wife at the moment we own both Pilothouse trawler and 40ft sailboat. So much nobody told me about owning a boat and if you don’t have the money to pay Chris I recommend living at the dock at a marina before going all in. In the beginning I had a house and boat at same time and I transitioned to boat life learning from others and RUclips. Selling the sailboat I bought a boat to cross the ocean… I’m not I go to work and live on my boat so back to a trawler. I love this lifestyle and that is what boat ownership is a lifestyle.
The one thing I dreamed about was sailing (for most of my working life in fact) I raced small cats and helped sail other boats. Then my body totally let me down, I now suffer badly with arthritis. Dreams will never be lived now. I would tell people if you can do it, then do it soon cause life sucks and you never know what is around the corner. Thanks for the video.
I got a survey when I bought my boat. It was required for insurance. It came with an in depth review of the vessel. What tripe. The best part was the glowing report on the AC generator. 20 years later I've never been able to FIND an AC generator. Yes this was a NAMS surveyor- and a moron.
I think you nailed all the key points, in the right order too. I have been forced to take a break in my sailing adventure of the last 8 years due to a cancer diagnosis overseas. Medical insurance is very important, I haven't had medical insurance for over 20 years, never needed it even breaking my ankle twice racing dirt bikes, until now - cancer is an entirely different animal. While you can find excellent medical services overseas, don't rely on socialized medical systems or take for granted that you may even be able to find good health care in that country. I spent 2 months getting burned in Athens, they have good Dr's but the system is designed to fail, ask the Greeks.
@dirtyeric I am sorry my man, I hope things are going well in your treatments, my mom died of cancer so please feel free to reach out to me if you need anything or just need to chat
@@kleitosaliagas5668 By burned I mean, the classic runaround. In that two months I was seen in 8 different hospitals (three of them dedicated cancers centers), a couple dozen doctors and all but twice passed off to another hospital. I never got to see a proper oncologist even after having MRI's and biopsies done. Treatment starts Thursday...so feeling hopeful after only being back stateside three weeks today.
I've been researching sailboats and costs for about 14 months. It always seems like one more thing pops up that I wasn't aware of that's going to cost money. Insurance seems to be overlooked by many but that seems to be a significant costs and limitation if you don't do it right. I am overseas right now and looked into boat ownership here (It's Japan so I can get whatever Japanese knife I want by walking to the store). The Tokyo marina is $14,600 for a 10m or under boat. The price goes way up the longer and wider the boat is. Part of the $14k is a $8250 deposit. The next year drops to $6300 as your deposit is already paid. I didn't even look into insurance yet. This was just for a beater Jeanneau Sun Fast 31 to putt around the bay in and visit a few finishing ports on long weekends. At least you get your deposit back when you end your membership. One other aspect I am not sure of cost is registration. Just to get my car I purchased registered has been a much longer process than expected. I have a feeling boats are at least the same or worse.
Great video, thank you. My question is - what would be a most economical way to left the boat alone in Caribbean somewhere during hurricane season? If it is a boat yard, what location you would suggest? Thank you.
I read the surveys you scanned, one of them gave really good market evaluation and even estimated the adjusted price for the boat based on condition. Can you/should you request that as part of a survey? That really adds a lot of weight to the proposed purchase price.
Hey Chris! Great video, very helpful, one question, are surveys often done at distance, i mean, if i am out of the US, would it be recommendable that i contact the surveyor and send him to inspect the boat by himself? With previous talk to the seller of course, sorry for my english!
Yes, often times they are done without the potential buyer there, totally common, you just want to make sure that before you actually accept the vessel you go to the vessel with the survey to compare
@@ChasingLatitudes My notifications are on, but I missed it, I was at the Gym for a couple hours. I do look forward to catching you live, you put on a good show and you have good followers who have funny comments too.
@@ChasingLatitudes At 65, that is one thing I still love doing. Still stronger than 95% of the young guys at my weight, no drugs. I hope I get to pull up that anchor one day.
#1 It's expensive, don't buy the wrong boat, get a survey. #2. Research insurance, don't buy the wrong boat. #3. Go on a diet, start working out and, don't buy a boat you can't realistically sail. #4. Life changes, and when it does sell you boat to nodogrunner, cheaply. #5. Set a budget and do your research, don't buy a boat you can't afford to fix or sail. #6 Stay out of debt if you can. Sell the house, sell the car, sell the dog and live as cheaply as you can for a year before making lessor needed upgrades to your boat. Insurance is harder if the bank owns the boat. #7. Become a patron. I added the last one to see if Chris was still reading.
@@nodogrunner of course I'm reading my dude
#8,Get a general pilots medical, if you can't pass,don't try to sail any passages,stick to daysailing,not alone , just sayin,GODBLESS
Chris, great video and definitely an eye opener for anyone (including myself) dreaming of sailing full time one day, many things to take into consideration beyond the boat purchase. Love your "price range" videos especially the lower budget ones, keep them coming as often as you can please! I know you mentioned in several videos the cost of upgrading/maintaining your vessel but a dedicated one on this topic would be beneficial for many of us: Standing rigging, sails, tender, bottom job, engine overhaul x new engine, insurance, etc.... All the best!
I’m an insurance agent in North Carolina, he is spot on with the insurance advice.
@mitchellbrown7935 thank you , maybe some will finally listen
What sup man. I'm saving up with each paycheck to get your 24/7 package. It will be amazing learning from you first hand. I've been a huge fan.
@nganduong7683 right on my man, can't wait to work together
You have solid content and I have learned a lot, thanks. Considering trying it when I retire, still have a few years to go but doesn't change the dream.
You can do it!
@@ChasingLatitudes not sure what my budget will be when the time comes, was originally looking at a Lagoon 46 used, but you got me interested in those Gemini's! I am at least 10 years out so who knows what will be out there....
Great common sense video, explaining where rubber meets the road.
@@pittsreport thank you, hope it helps
Among the sailors who quit after cruising with us in the Bahamas, the main reasons were
-their boats weren’t comfortable for life at anchor. Maybe they didn’t have luxuries like a generator, air conditioning or water maker
-they didn’t enough spend time enjoying the locations. They spent most of their time doing maintenance, cleaning and boat projects. IMO when cruising there are 4 things you have time to do- enjoy the destination, do maintenance, clean the boat and do projects and you really only have time for 2 or 2.5 of those things. Let me just say we always had the dirtiest boat but we made the best memories.
-money constraints
Yeah sometimes people buy the wrong boats that as you said are just not comfortable for what they will be doing 99% of the time
Damn! I only came here for the Japanese knives!
This is all really solid advice. First thought I had on your last video- That woman won't last on a sailboat. Physical ability is everything on a sailboat. :)
@dmack1827 yeah , have to be in fairly good health overall to be out there sailing
Japanese knives are made in China.
Ok I’ve bought 4 yachts in my boat career not many 2 sailboats 2 trawlers. I’m a full time liveaboard with my wife at the moment we own both Pilothouse trawler and 40ft sailboat. So much nobody told me about owning a boat and if you don’t have the money to pay Chris I recommend living at the dock at a marina before going all in. In the beginning I had a house and boat at same time and I transitioned to boat life learning from others and RUclips. Selling the sailboat I bought a boat to cross the ocean… I’m not I go to work and live on my boat so back to a trawler. I love this lifestyle and that is what boat ownership is a lifestyle.
Thanks for commenting , hope things are going well
Let's just call it as it is! This is my favorite channel!
@@jamesheynen5256 whoop whoop
As always. Thank you for the brilliant information that you freely give us. It is much appreciated. Cheers!
Thank you so much for watching
Thank you for membership 👍💕
@@lillylynn6115 I think that was Eric
The one thing I dreamed about was sailing (for most of my working life in fact) I raced small cats and helped sail other boats. Then my body totally let me down, I now suffer badly with arthritis. Dreams will never be lived now. I would tell people if you can do it, then do it soon cause life sucks and you never know what is around the corner. Thanks for the video.
Time is the flame that burns us all
I got a survey when I bought my boat. It was required for insurance. It came with an in depth review of the vessel. What tripe. The best part was the glowing report on the AC generator. 20 years later I've never been able to FIND an AC generator. Yes this was a NAMS surveyor- and a moron.
Awesome
I think you nailed all the key points, in the right order too. I have been forced to take a break in my sailing adventure of the last 8 years due to a cancer diagnosis overseas. Medical insurance is very important, I haven't had medical insurance for over 20 years, never needed it even breaking my ankle twice racing dirt bikes, until now - cancer is an entirely different animal. While you can find excellent medical services overseas, don't rely on socialized medical systems or take for granted that you may even be able to find good health care in that country. I spent 2 months getting burned in Athens, they have good Dr's but the system is designed to fail, ask the Greeks.
Can you clarify what you mean by getting burned? Also, hope you're recovering well 🤞.
@dirtyeric I am sorry my man, I hope things are going well in your treatments, my mom died of cancer so please feel free to reach out to me if you need anything or just need to chat
Oh, man. Get well, sailing will still be there. God bless!
@@kleitosaliagas5668 By burned I mean, the classic runaround. In that two months I was seen in 8 different hospitals (three of them dedicated cancers centers), a couple dozen doctors and all but twice passed off to another hospital. I never got to see a proper oncologist even after having MRI's and biopsies done. Treatment starts Thursday...so feeling hopeful after only being back stateside three weeks today.
@@ChasingLatitudes Cheers mate. treatment starts Thursday. 🙂
I've been researching sailboats and costs for about 14 months. It always seems like one more thing pops up that I wasn't aware of that's going to cost money. Insurance seems to be overlooked by many but that seems to be a significant costs and limitation if you don't do it right.
I am overseas right now and looked into boat ownership here (It's Japan so I can get whatever Japanese knife I want by walking to the store). The Tokyo marina is $14,600 for a 10m or under boat. The price goes way up the longer and wider the boat is. Part of the $14k is a $8250 deposit. The next year drops to $6300 as your deposit is already paid. I didn't even look into insurance yet. This was just for a beater Jeanneau Sun Fast 31 to putt around the bay in and visit a few finishing ports on long weekends. At least you get your deposit back when you end your membership. One other aspect I am not sure of cost is registration. Just to get my car I purchased registered has been a much longer process than expected. I have a feeling boats are at least the same or worse.
Wowzer, sounds super spendy
Great video, thank you. My question is - what would be a most economical way to left the boat alone in Caribbean somewhere during hurricane season? If it is a boat yard, what location you would suggest? Thank you.
great as usual Chris
@@SailingTeamTallyHo thank you
Great Video. Lot's of value and no insults!!!
I am working on myself trying not to be so mean to people
@@ChasingLatitudes Good Job. You sound a lot more professional without the insults.
I read the surveys you scanned, one of them gave really good market evaluation and even estimated the adjusted price for the boat based on condition. Can you/should you request that as part of a survey? That really adds a lot of weight to the proposed purchase price.
Most are so far off on the valuation I honestly put zero weight into the survey valuation
@@ChasingLatitudes The value of a thing is the price it will bring. Econ 101.
Hey Chris! Great video, very helpful, one question, are surveys often done at distance, i mean, if i am out of the US, would it be recommendable that i contact the surveyor and send him to inspect the boat by himself? With previous talk to the seller of course, sorry for my english!
Yes, often times they are done without the potential buyer there, totally common, you just want to make sure that before you actually accept the vessel you go to the vessel with the survey to compare
If only we could all be Trust fund kids.
Isn't that the truth.
@@dylanforney780 I wish I was one
Do you do trawlers? I had one and I liked it. So simple compared to a sailboat. Everything is so much heavier duty 😎
@@wayneanderson1641 trailers are nice, I like them
I think your channel is awesome!
@@tomhenry4993 you're awesome
Wish I could make it to your next meet up. I am on the west coast and it takes some planning. Hopefully next time.
I hope so too!
Great Show Today.
Thank you for watching
All these realistic reason. No wonder I'm sitting on shore. Guess I'll settle on those behemoth city blocks long boats. Nice video.
Thanks robert
Thank you for watching
that intro rocked
\
@@scotttalley1274 thank you
Say you want to put a pilot house , inside steering on a 2nd hand boat, is it worth it? Or am i better off buying a different boat?
@@markpeter1968 buy a different boat
Good information.
Thanks frank
Is moisture high 70% of deck a serious problem?
@mesflyer yes, very serious issue
How do I learn to survey myself, and thus also become a surveyor??
Go apprentice under a surveyor
The reason I asked is because I’m looking at an older model sailboat that has already been refitted and reasonably priced
Asked what ? I don't see a question
Good stuff my man 😎 🌴
Thank you for watching
Are you required to have insurance if your boat is paid off?
In order to get into marinas yes you will need insurance and yes you will wind up having to pull into a marina
I really hate missing the live show. Please give us some type of heads up, Please!
@BillJohnston-y7o I did though my man, it had a two hour countdown, maybe check youtibe notifications for my channel to male sure they are on ?
@@ChasingLatitudes My notifications are on, but I missed it, I was at the Gym for a couple hours. I do look forward to catching you live, you put on a good show and you have good followers who have funny comments too.
@@BillJohnston-y7o pump that iron bro
@@ChasingLatitudes At 65, that is one thing I still love doing. Still stronger than 95% of the young guys at my weight, no drugs. I hope I get to pull up that anchor one day.
@@BillJohnston-y7o I'm rooting for ya
Awesome out the gate.
@@jomeijackson5311 thanks for tuning in
Sheboygan Wi, I’m from there!
whoop whoop
Sailing Melody, just finished their fixeruper, and already mooning over a cat'.
Their " gate feavour" is palpable.
They are moving to a catamaran ? How
@@ChasingLatitudes mooning is dreaming
Bring Cash or Credit..
@@PatriotCanadian what about hamburgers? Think we can up trade to a catamaran ?
@@ChasingLatitudes Heard that in some towns you might be able to start trading with a dog or cat. Fresh on the paw. 🌭
@@robertpendzick9250 I've heard this as well
I'll add a 6th reason. They have to move inland for their work and don't make it back to the coast for 20 years.
Spind about right for most, is that what happemd.om your case ?
That's #4, life changes...
👏👏👍👍
You da best
I'll be back!
@@ericlogan6159 where ya going ?
😎
@lillylynn6115 thank you for watching
Buy a sailboat without a mast ✅
No rigging lol
@@TheSoilandGreen seems legit
ouch
@@williamfarrell2958 all stuff we can avoid or change
😃👍👏👏👏
@@nobody46820 hey hey
👍🏻
Thank you
Well done and one of your better videos. Good solid advice.
Thank you for watching and taking the time to comment