Winnipesaukee Forum - View Single Post

Taz · 06-19-2014, 08:00 AM

I have done the math, I own a slip, your logic makes sense, I have thought the same as you, but when I bought it was less that what they cost now. Going strictly by math you are right. However, you can never recover what you spent on rent but if you buy you could potentially recover what you have spent and possibly make a profit, maybe. Also, you never have to worry about moving to another slip because the rent went up or someone sold it, you have the security of knowing where your boat will be docked every year. I know renters who have had bad dealings with owners they are renting from because they wanted to go up on the rent so if you don't like it you move but maybe not to a slip you desire or on a differnt dock after you have many friends at a dock you like. Just saying there may be other considerations than just the math. Its all preference. I do not regret buying.

06-19-2014, 08:00 AM	#7
Taz Senior Member Join Date: Apr 2005 Posts: 345 Thanks: 3 Thanked 68 Times in 46 Posts	Pjard I have done the math, I own a slip, your logic makes sense, I have thought the same as you, but when I bought it was less that what they cost now. Going strictly by math you are right. However, you can never recover what you spent on rent but if you buy you could potentially recover what you have spent and possibly make a profit, maybe. Also, you never have to worry about moving to another slip because the rent went up or someone sold it, you have the security of knowing where your boat will be docked every year. I know renters who have had bad dealings with owners they are renting from because they wanted to go up on the rent so if you don't like it you move but maybe not to a slip you desire or on a differnt dock after you have many friends at a dock you like. Just saying there may be other considerations than just the math. Its all preference. I do not regret buying.