Boats and partnerships

[daddystoy]

How many of you guys share a boat with a buddy or have shared a boat with a buddy in the past? In general how did you like it and how did things work out? I'm sure there are a lot of issues that come up but would you say the pro's outweigh the con's?
Thanks in advance to any replies.

Dave

 

[rockdog]

A factor would be the value of the boat. I'd be pretty picky with who I'd share with.
I have a buddy who was in a partnership, 50g dollar boat, and it ended badly.
I think it works for some, but I doubt I would do it.

 

[Aces]

It almost always ends badly

 

[Derby]

It almost always ends badly

Would have to agree.....

 

[Jencourt]

I am in one now. Seems to be working fine. One thing I have noticed is that it sure hurts less wen it goes into the shop for maintenance. About half as much actually.

Only weird thing so far is that wen planning to fish I feel I always have to check to see if he is coming before inviting others. Having always had my own rig before this, it took a little getting use to. No big deal anyway as we enjoy fishing together and live close to each other.

Cheers: Ray

 

[beemer]

How many of you guys share a boat with a buddy or have shared a boat with a buddy in the past? In general how did you like it and how did things work out? I'm sure there are a lot of issues that come up but would you say the pro's outweigh the con's?
Thanks in advance to any replies.

Dave

I have been in a partnership for a sport fishing boat for the last 6 years and it has been great. If the person is the right fit and there is a clear understanding at the start then it should work. Here are a few rules that we came up with.

alternate weeks for use. We have a fuel flow meter and we check at the end of the week and fill it up and top up the oil.

We split the cost of moorage , maintenance , insurance.

No one else uses or drives the boat and if you screw up during your week , eg tag a log or hit something it is your bill.

Make sure you are on the same page with maintenance , we do all of our own , but if someone wanted everything to run through a shop then it would change things.


Good Luck ! sharing a boat has allowed us to have a boat that we may otherwise not been able to afford on our own

beemer

 

[Mighty Sylvan]

My best friend and favorite fishing partner and I each have our own boats. We use my boat a little more than his. We have talked about him selling his and buying into mine. The fact is though, if he didn't want to buy a half share in my boat I would still want him to come fishing with me. So, we will give it a couple of years and maybe partner on the next, bigger boat.

 

[Foxsea]

I had a great partner in a boat about 25 years ago. We were both avid boaters and had a similar idea as to what the partnership was about: It allowed us to have a boat where otherwise, neither of us could have afforded it. We often boated together but had a schedule of alternate weekends where we could do our own thing. We shared the cost of all maintenance and repairs, often doing the routine stuff together. We sold the boat only because a divorce made it necessary.

With the right partner (the guy I fish with all the time) and the right boat (more than either of us could afford alone), I'd do it again.

 

[Last Chance]

I would say Yes if both of your are:

Avid Boaters

Avid Fishermen

Of Equal Means

Have an agreement of understanding before hand.

Personally, sounds like a lot of guys here have done well with partnerships, I'd but a $4000 used runabout before I'd partner with someone on a 20-30 footer with big expensive things that can go *BOOM*.

Its not so much your partner you gotta worry about, I bet it's the wives

 

[banger17]

went 1/2ers with my brother on a boat partnership - that may have some pros and cons compared to a "buddy", but still the same overall i guess.

We both have similar usage patterns, income means, and expectations. It has worked great for sure, and as someone else said too... we enjoy fishing together so we dont get too bent out of shape for "taking ownership" for a week at a time, etc.

 

[daddystoy]

Again, thanks for all the replies. The answers are pretty much what I expected. Like any partnerships, there are good ones and bad ones
It goes without saying a well written agreement would have to be drafted. My situation is slightly different in that I already own a 18.5' double eagle which I plan on keeping. (Sentimental reasons for hanging onto it!) I am interested in going half on a 23' boat so that the missus can be more comfortable on when she comes out i.e head, larger more comfortable sleeping cuddy, small galley. I would really like to do more exploring all over the B.C coast and be able to spend extended periods out there. I'll keep you posted.