Fracttions

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Tom

I've been reviewing Fractional Boat ownership and maybe ownng the boatas well? What is your experience????
 
Jun 13, 2004
57
- - Lakeland, FL
Fractttions?

Hi Tom, Some say that a monohull boat is only half a boat while a catamaran is a truely whole. I guess that makes a trimaran a boat and a half??? Seriously though, there are good reasons for fractional rigs (like mainsail shape adjustment) but they just don't always apply to cruising boats (as much as to racers). I'm not saying they are bad. I just hear an inordinate amount of fractional-ers complain about weather helm. Maybe the extra forward sail area of a taller jib would provide better balance. But then, I'm no expert. I've only had fractionally rigged boats. Happy sails *_/), MArk
 
Jun 3, 2004
730
Catalina 250 Wing Keel Eugene, OR
He means partial ownership

There is an article in the most recent BoatUS magazine about this. For example you purchase a 20% share of a yacht, like they do with private jets. BoatUS thought it was a valid idea.
 
Jun 13, 2004
57
- - Lakeland, FL
Fractionally owning a fractional rig?

I have to take the fifth on that one. (And I don't mean 20%. I'm talking scotch!) http://www.charm.net/~kmarsh/scotch.html Want to buy a time-share?
 
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Tom hamilton

get a partner

I have investigated this. I have to say the Boat US article was poorly done. There is a lot more going on in this area in the US than the article indicated and it is a real big deal in Europe. What is unclear to me is how different a lot of this stuff is than the Moorings or land based time share. In the fractional ownership that is managed the management fees are pretty high. My approach was to look for partners myself. There was a guy I had sailed with that was interested.We put an add in Chesapeake Bay magazine and got another committed guy. It turned out he was more interesed in racing and we were interested in crusing so for this and other reasons it didn't work out. However, we went and looked at several boats together. This was quite enjoyable. In the end, the guy that I had sailed with and I bought a used boat Lancer 36 1980 in excellent condition. It was reasonably priced. This and the ability to share costs has made doing upgrades pretty painless. I frankly think that if you can find someone or 2 that has similar interests in sailing and isn't living hand to mouth this more informal approach is pretty good. We have the title in both names and didn't do an LLP , but we probably should. We are in fact taking the boaat to FL for the winter. I think the ideal number is 3 or 4. There is a guy that advertises that actually forms sailing partnerships PARTNR@aol.com (Richard Smith). He is very knowledgable. My vote would be to talk to him if you don't want to round up a partner(s) on yor own. With him you pick the boat; he just charges for leg work. This is true with the European companies I've talked to. In the US many seem to be using this fractional ownership strategy as a sales gimick to market certain brands of boats. Rember the the discussion of what boat you want to buy and looking at boats is almost as much fun and cheaper than actually owning one. Except I flew to Seattle to look at a candidate. Not cheap,but fun and some good sea food!!
 
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ajstock

Partnership

I am would like to be a partner, Mass waters. prefer a boat in mid 30's in size but am flexible. contact ajstock@earthlink.net
 
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