Too many boat's! What way should I go?

Ouch - I just went and looked in my yard and there are four yachts in it - then there is the other two or three at a mates place, and the 34 footer I'm negotiating to buy..............

I think the best value boats to get are the ones that someone has spent a small fortune on doing up and then lost heart, and flogged them off for less than the cost of just some of the stuff on them.

If you have the budget, the time and the will to do it properly then go for it, but I find I have boats deteriorating quicker than I can bring them up - I keep having to work on other peoples gear to make the money to work on mine, you know the normal whinge...

I am selling some for bits, some I have already given away and I will rationalize my yard fleet to a "doable" level.

This current plan will last at least a few weeks until my inevitable regression. (depraved muttering into distance....)

Seriously if the boats are of significance and beauty then it is well worth doing a good job on them and making them very desirable to potential buyers, it can be hard to make a profit on this type of project because the time and materials bill can rapidly get out of control.

But.

The pleasure of doing this work is not to be discounted though - sometimes that IS the whole point, and the money is just a means to fund the next, and then that for the next, and so on.

I think the skill levels gained in practical work are priceless, and eventually allow you to charge a true value for your truly valuable time, which is a finite thing and not to be taken for granted!!

If there was not a planet separating us we could entertain each other equally in either of our yards, drink beer and fantasize about all the things we are going to get done on our boats... starting tomorrow of course. :)

A boat nut can never have too many. You have two more than I do, but I have 2 extra outboard motors. You have power and paddle but no sail. Sailing is great fun plus no gas, no mechanical repairs, and almost no depreciation if you buy used. So, my idea is part with the least loved and pick up a nice used sailboat. By the way, you have a very interesting collection.

I can help you. I will come by and pick up the Larson. I offer this as a way of weening you from your addiction. It is part of my twelve step work and I will not charge you for taking the boat.

You might consider donating some of them to a charitable organization. There are too many to list, so you'll have to do some research (if interested) to determine who gets the benefit of your largess.

The up-side? You get a tax deduction for a charitable donation.

That all depends. Can you afford to keep them? Also, is it really practical to have all 7 boats? I'd check to see if these boats that you bought are becoming a financial burden on your wallet as well as if they are actually yours.

You sound just like my brother. I visit him every 5 or 6 months and there is always a new boat out back. Have to say, his newest classic mahogany boat is real sweet.

Since your question deals with addiction, you should check out this site, it has lots of helpful info that might help with your question:

http://www.recoveryforums.org/

This site has a lot of great resources for people dealing with addiction or recovery, and those who know people who are dealing with it. It is worth a look in my opinion.

Bragging or complainig you awakened the green eyed monster in a lot of people

Cool story bro.

Restore and sell.

You will feel better about bringing these friends back to life.

Have fun