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Old 06-12-2014, 08:57   #16
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Re: Breaking all the rules ...

After looking at the listing imprezza72 showed they are beautiful vessels.


With that list showing an asking of $159,900 you might break even financially if you don't run out of enthusiasm?


Kiss your labor off as a lose.


I wish you the best and keep us updated.


I'd love to be proven wrong.
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Old 06-12-2014, 09:16   #17
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Re: Breaking all the rules ...

You've got guts! I hope it turns out well, always admired those Kanters. I also hope you are going to haul and take look at the hull... I've seen an aluminum boat that was scrap when 3 years old from corrosion!
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Old 06-12-2014, 09:41   #18
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Re: Breaking all the rules ...

I agree with you. You have break all the rules. That normally does not end well but there are exceptions. I hope you are one of them.

In Europe I see a lot of old boats like that one abandoned without no one buying them. As others said, if you had no choice and have the time, the expertise and the money to "invest" in the boat, it can give you some years of happiness while you recover it (assuming you like to do that). I don't think you will have a profit in the end, not even not counting your many hours of labor, but you can have fun sailing it.
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Old 06-12-2014, 10:48   #19
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Re: Breaking all the rules ...

The listing shown was for a steel hull. The op stated that his boat is aluminum. The aluminum hulls go for considerably more than the steel. My opinion; incredible boat at an awesome price. Good luck with your new boat.
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Old 06-12-2014, 11:55   #20
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Re: Breaking all the rules ...

Homeless, I'm with you. I've had similar experiences with more than one boat, and I don't regret any of them. If you love boats, and love being on the water with them, you've made a choice that fits you. Keep up the good work, and share some photos with us!
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Old 06-12-2014, 12:31   #21
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Re: Breaking all the rules ...

Homeless,

While all these guys are writing about your possibly losing money on this, it occurred to me that if you're living on it while you're working on it (difficult but possible after it's clean) then (a) you're no longer homeless, and in figuring the costs, remember to include the rent you're saving!

Good luck with your project. Pix please.

Ann
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Old 06-12-2014, 13:02   #22
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Re: Breaking all the rules ...

Quote:
Originally Posted by Imprezza72 View Post
Return on investment?
Here is a fully equipped Kanter 50 ready to go 159,900 us.

1984 Kanter CC Pilothouse Sail Boat For Sale - www.yachtworld.com

Hope you are not looking for a huge profit, but more so the enjoyment.
BJ
Now that is quite a boat for the price. I really like Ted Brewer designs.

The market has changed in the last five years.
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Old 06-12-2014, 13:05   #23
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Re: Breaking all the rules ...

Quote:
Originally Posted by funjohnson View Post
We did the same thing with our new aluminum 37'. We bought it sight unseen, without a survey, and won't lay hands on it until we cross the Atlantic and get back to Florida. It may be the stupidest thing we have done, but I wanted a project and an aluminum boat. I'm glade I don't have 50' to fix-up! I wish us both good luck!

Matt
Yup, your gonna have fun. Hope it works out well. I was wondering what you decided.
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Old 06-12-2014, 13:19   #24
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Re: Breaking all the rules ...

Wow. Crazy, and yet so intriguing. Can't wait to hear more as this progresses. All the best to you!
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Old 06-12-2014, 14:03   #25
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Re: Breaking all the rules ...

don't go anywhere yet, lots of elbow work to do, but great find once you finish
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Old 06-12-2014, 18:32   #26
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Re: Breaking all the rules ...

Here's to ya Homeless, you got some cajona's . I scratch built a 63Fft. steel sailboat, I know what it is to take on a big project. While some of the posts are a bit negative, there is some very good advice, especially about the fuel. Good luck !!
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Old 06-12-2014, 20:28   #27
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Re: Breaking all the rules ...

I think you scored a bargain! Sounds like you're resourceful and can do most of the work yourself, so I think you'll be able to fix it up without having to spend a lot hiring others to do it.

Good luck and have fun!
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Old 07-12-2014, 01:48   #28
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Re: Breaking all the rules ...

That boat is steel. Prices for aluminium hulls are much higher.

Quote:
Originally Posted by Imprezza72 View Post
Return on investment?
Here is a fully equipped Kanter 50 ready to go 159,900 us.

1984 Kanter CC Pilothouse Sail Boat For Sale - www.yachtworld.com

Hope you are not looking for a huge profit, but more so the enjoyment.
BJ
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Old 07-12-2014, 01:53   #29
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Re: Breaking all the rules ...

I have taken the boat out a few times now, including offshore in swell, and motored for up to 3 hours at a time to test engine and gearbox, and so far no issues with fuel, though it may not show up until rougher weather. Fuel has been treated. I currently have one Racor inline, and have a second one mounted and ready to put inline.

Quote:
Originally Posted by Suijin View Post

I would suggest that you have the fuel polished before you take off on any longer trip. Given the state of the rest of the boat, there's a fair chance that the fuel is fouled. And you may not discover it until you get offshore and the tanks are well agitated. Polishing, while not a magic bullet depending on the baffles in your tanks, would be cheap insurance and will give you baseline off of which to evaluate the state of the tanks going forward. Ideally you'd pump all the fuel out and give the interior of the tanks a good visual inspection but that's a more involved process.

I'm going to assume that all the thru hulls, prop seal, etc. look OK and that you feel you have adequate expertise to evaluate their condition. They should be top of mind when evaluating an older, poorly maintained boat, since the failure of just one of them can be catastrophic.
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Old 07-12-2014, 01:56   #30
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Re: Breaking all the rules ...

The prop seal does not leak, and through hulls look relatively new, and well sealed, so I don't have any concerns there. I suspect the through hulls were all replaced when the hull was stripped and repainted two years ago.
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