Right now, there’s a severe shortage of affordable marina space in California. As a result, many of the older and less expensive boats are becoming available at near fire-sale prices… just to get them out of the way so that the slips will become available for owners of the newer boats.
For buyers and sellers alike, it’s a problem.
After all, who wants to spend $6,000 a year berthing a $15,000 boat? But it’s also an opportunity; for those who would like to become part of the solution. To learn how to become a sailboat investor, check out our Start a Sailboat Flipping Business course. Clicking the link will automatically give you a $10 discount off the course.
Finding Sailboats for Sale in California – Classified Ads
TIP #1: Looking for a bargain? Of course you’ll check the big city newspapers, but as much as possible try not to skip over the smaller publications. Small newspapers usually have lower advertising rates, which are often very attractive to distressed sellers and in some cases, trustees (ie. estate sales, donated yachts, etc.)
TIP #2: Check well outside of your normal boating area. Oftentimes, a seller will advertise in their hometown but not necessarily where the boat is located. It’s a common mistake, and it’ll often cause a boat listing to go ‘stale’, but can result in some outstanding bargains for the savvy buyer.
TIP #3: Don’t make the same mistakes that so many sailboat buyers make. Most sailors expect to lose a little money with each boat, but it doesn’t have to be that way. Pick up the How to Buy a Sailboat guide and save thousands of dollars on a great boat. Clicking on the link will apply a discount off the guide, courtesy of iBuySailboats.
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