Low budget Trawler life!!!!How much does it cost to live aboard a boat full time
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- čas přidán 8. 01. 2022
- Please watch: "No Regrets Lifestyle"
• Wk12 Bahama bound!!!! ... -~-
Trawler life how much does it cost on a tight budget livnig aboard a boat full time per month and some of the advantages of living on our boat full time.
It's a lfe-style choice. Wonderful decision for me. 2024 figures in San Diego: 39 foot trawler, bought in 2014 was about 15% the cost of an average house in San Diego County. Due to market craziness, it has appreciated in value which is not something one can count on. Slip and live-aboard fee 1260. Boat payment is 610. Diver averages-out to 200 month but that is for three boats (39', 21' and 17') and includes zinc replacement. Water, cable, internet are free. Sewage pumper is 20 bucks per week if one does not want to move the boat to the free DIY pump-out. Insurance is about 1100/year. Maintenance is easy except for the big diesel... if you are a DIY guy in your house you'll be fine on the boat. Routine diesel maintenance is just as easy as routine maint on your car. Cylinder Head replacement (CAT 3116 -single) cost me 7K but that was due to my letting the previous owner off the hook; I had a stipulation in the contract but I screwed it up. Separate boat and engine surveys are a must! One more money-saving tip: Dual engines get you in the slip easier but I am an avowed single screw sailor. I see no reason to feed, cool and maintain two engines when one gets the job done. Also opens-up the engine room so one can move around a bit. I would also look at forgoing a generator unless you anchor-out a lot. An adequately-sized house bank with inverter is adequate for anchoring out for a few days a few times per year. I'm happy to answer yacht/live-aboard questions... CPO, USCG, ret. 10 year live-aboard.
a bad day sitting around the marina is still better than a good day at work somewhere
I agree
I live aboard my 66’ sailboat and I took the plunge into solar about 3 years ago. It started small but I recently pulled the diesel and got an OceanVolt motor. Now I’m 100% electric. It’s amazing. It’s expensive upfront but you won’t regret it. Good luck!
Yes I loved it on Loop Princess been able to not even plug in at the marinas was very cool for sure
hey man you know anyone that sails around the bahamas metal detecting all the islands and beaches?
@@zwilkinson2 you just described like a good 20% of people I know. The only issue I see with that is you’re always going tourist beaches. And that can get pretty annoying pretty fast. At some point you’ll just be a bum. Which I’m not knocking, but just not my style.
@@Skaggs666 I’ve got 10k in dive and camera gear alone no home (other than my land yacht) no wife, no kids, no debt, and 50k cash and still working towards some sort of adventure. If sailing around the Bahamas looking for treasure is a bum in your opinion than I wanna work for you! Sign me up! let’s go full send! I’d sure like to work something out with one of those bums so I could go be a bum for a season.
@@zwilkinson2 hell yeah man, sounds like a plan. Former navy diver myself but I suck with a camera.
Your channel is a breath of fresh air for this topic. My wife and I are researching buying a motor yacht and putting it in a port such as St Maarten in a few years. Getting the perspective on expenses from someone living this reality definitely helps. Thank you again.
my 36 foot Grand Banks....1500 for marina six months then 1100 for winter storage on the hard, that includes launch and haul out...Detroit
Just found you on CZcams. Looking to loop in a year or two. Should be very helpful in
Making our plans we are in Mobile so maybe we meet at some time. No boat yet but looking around. Looks like a nice Carver near you. I will be watching,
About time someone makes a video that helps those looking to live on a boat.
Thanks brother
Great video. As someone who is considering making the leap to this lifestyle in the coming years THANK YOU for sharing.
Thanks Ben
@@NoRegretsLifestyle still have much to learn!
This is exactly what I'm saving up for!!!!! I love it man! I'm already in Florida, now I just need a boat lol.
Yes sir If I can do it anyone can for sure
Loving the boat. Wr took the plunge also and moved onto a long range cruiser.
Good video. Subscribed based on your honest assessment of living on the trawler.
Awesome, thank you! I love living on my boat and it's nit a bad way to go LOL
awesome video and channel! love seeing people living their best lives!
Thanks for coming God Bless have a wonderful day
Great breakdown of the finances involved with the lifestyle.
Just discovered your channel looking into a captains license and am enjoying the content! 🙌🏻
thanks brother
Thanks for the content. I'm in the beginning stages of choosing an RV or a Troller to live out my remaining days. Your video was helpful.
Glad it was helpful!👍🏻🙏❤️😉
Hi. New subscriber! Hope you get to that 10,000 soon. I have a 1981 glastron 21 ft 6 inch in florida so it's good to see a boater with some good information. Good luck and enjoy! Mike
Thanks Mike
When I went to Gulf Shores in the 80's a brand new condo was at most 85 K. Thanks for covering your cost.
Thanks for sharing, I also remember those days
Thank you for the info. Looking ahead to retirement, would love practical educational videos on how to captain a boat, searching for docking places, how to navigate weather and water depth, etc. Keep up the good life, thank you for sharing!
Great suggestion!
@@NoRegretsLifestyle What does the diver do?
Craig
Practice DOCKING. Wind, current. Big issues
If you have no bow or stern thrusters. Just remember. Slid into berth. ( Spring line ) on first. Then if Rudder control. Rudder hard over away from dock. Just tap forward into gear. Then security of bow and stern lines. I learned that on a Army Tug boat ( ST) by Army terms. My Captain was a WW-2 vet. Battle of Coral Sea survivor.
@@stanleymasterson1135 he swims around inspecting the dock pilings 😂
Thanks Paul!! Helpful
Happy to help! Thank you
I'm looking at this option now. Easing into retirement in the next ten years and am optimistic about this lifestyle.
So inspiring!! I am planning on making the transition to a sailboat. I'm definitely not looking to spend 100k on a boat. I was shooting more towards 5-8k. I would like to make a living cleaning hulls in the marina. It's my lifelong dream.
You can do it, cleaning hulls would be a great way of paying your bills 💵
I am a retired ship captain and my wife and I are water people and fixing to go full time live aboard and live not far from you. We checked out some marinas in Mississippi but not to many around gulf shores so any info would be appreciated on places you might recommend, also this is first video from you I've seen but definitely not the last, thanks for doing a great REALISTIC cost video, we're elderly couple and still can do the stuff you mentioned ourselves, who wouldn't want to, thanks again and great video
Thanks appreciate the watch. It’s slim pickings in that area for sure, but in gulf shores people pick up private docks and the one I stayed at was probably the nicest. HomePort Marina, but they usually stayed booked up with waiting list 😂
Thats crazy, you pay a diver to rub the bottom of your boat? Get a small hookah and do it yourself, plus they are great for shallow water diving
On my PDQ Antares 44, I had a brownies third lung , never needed bottom paint, or haul out to replace anodes. In the eight years I had the boat, I only got hauled out once to repair damage from hitting something on a night passage to Bermuda.
Greetings sir, first time viewer And subscribed too. I would love to retire on a nice trawler like yours but the wife is just too connected to our house! I shall, therefore, live through your life vicariously!
Welcome aboard! and thanks Edward thats why I am here hope you spread the word.
much cheaper that way!
Good video. My expenses are close to yours on board my Defever44 Sun deck cruiser. Gated community, downtown, unobstructed view of the bay, floating docks , each slip has pump-out connection, city water, great marina bathroom facilities including showers and media room, plus, the docks are walked by marina personnel day and night. Don't ask me where. It is on the Gulf Coast.
Yes you can do it if you want but some can get pricy
Glad I found your channel! I have an office of Fairhope and Orange Beach & contemplated the boat option.
Thanks, I know your area well. Anyway I can help let me know.
I appreciate it! Our office is at The Wharf. That would be a convenient setup.@@NoRegretsLifestyle
Information is power, thank you for sharing
Glad it was helpful!
As a former boat owner, Property Taxes were a major expense each year based on the county the marina was located within.
Yes California was bad that was 700.00 year for us there
@@NoRegretsLifestyle where in california? Socal?
Cost xxx dollars ... versus value...priceless.
With what is happening to most condos in Florida, you are better off on a boat. I am planning a move there end of this year. Having looked into housing options. I have decided to just buy a boat instead. I am always looking for real videos about the lifestyle, and actual costs. Mostly you find young people with flashy boats. And flashy girlfriends or wives to sell the channel. I'm an old guy with a few bucks. Not looking for flashy anymore. You have earned a sub from me friend, and a big thumbs up...
Thanks brother appreciate that, need any help feel free to call
Thanks for the info bayou la batre is in phase 1 on our marina so hopefully it won't take too long to complete
That’s where I shrimp for years love the place. 🙏
Awesome paradise lifestyle. Have fun and enjoy it. I be glad if U doing some fishing at Ocean and see how you cooking it. Life you said explore.
That's the plan! Your right I need to learn to fish someday
I was at barbers before Sally came along where are you guys, I would love to meet up some time. Love your videos
I am at Homeport right now, should be back on the boat in a couple weeks
Great video Thanks "best info"
Thanks appreciate
Thank you so much 🙏👍❤️
You're welcome 😊
Iij use to live in Mobile and spent every weekend at Gulf Shores
38 foot carver sportfish in the amazing and beautiful san juan islands of the pnw. 350/month mooreage year round. Water,sewer,wifi,garbage,laundry,showers and base electric all included. $50/month insurance (no hurricanes here) boats paid and i do all my own maint and diving. Catch ur own bait and food :) free parking. But fuel is expensive as is fishing gear addiction
Great Video. Newby here. What does it cost (breakdown) to haul your Trawler and what did you have done?
Have you ever thought of 2 boats. One to stay on while you make repairs. What about the AirB&B ? Thanks. Great videos.
One is enough for me and yes I have thought about it but I am good for now.
How much do you spend on fuel? The trip out to a nice anchorage for example…
My plans are to sell my home this coming fall. Then buy about 40-44 foot to live on. I already have someone who sells down in Wilmington NC looking around. I understand the part of renting a slip also shore power hook up. I also can do my own maintenance. I have heard fuel as of now is sky-high, is there a road tax added to the fuel? Not sure about freshwaters cost?
Hello, I'm new here, thank you so very much for your detailed caveat emptor and summary. I read where a lot of states are restricting or banning live aboard options. Have you had difficulty finding live aboard slips? When did you start boating? How did you learn how? Thanx once again, SUBBED ! 🤗⚘️🌹⚘️
Is the insurance something the marinas require, or do you have it for peace of mind? Would you need it if you only anchored in the bay?
Living on boat is the best life especially when you live at a fun marina with pool and restaurant
Yes 👍🏻
reminds me of RV life on the water.
Yes about the same lived in our RV for 5 years and its about the same
Does anyone have any experience with noise in an urban setting on a liveaboard? Specifically, the Tidewater, Va area? I'm in the initial stage of living on a trawler but concerned about noise level and how people deal with it.
Paul the Real Deal here!
good video👍
Thank you 👍
New subscriber 💪🏻So many factors to consider, but generally I think it's not cheap living on a boat. But the value that you get for your life could be unplayable. 10k subscribers 🤔 I have 150 😂
Yes time is everything when it comes down to it.
Following with interest
Thanks God Bless and have great day. Love to see new people coming aboard
Best way to live
How do you rate a Monk 36 for the loop. I am handy but have no training on diesel engines at all. I would be willing to train myself but not sure if that would be enough. Thank you for posting these videos.
Thank you for watching, Monks are OK boats. 👍🏻❤️🙏😉
Wondering why you have a diver dive the bottom so often. I'm a diver, and I might go down twice a year to clean the engine intakes and give the zinks a little wetsanding. I put prop speed on the props and trim tabs and lanolin on the shafts. I stay away from wiping the bottom off because it removes the paint and creates faster bottom growth.
Well I always have a clean bottom LOL and I pull my boat every couple of years most people don't do that but I do
I'm glad you ask that,I was wondering the samething. I agree 100% on it removing the bottom paint,(Of course I found this out the hard way) even doing the work yourself,it's an added expense that's not necessary,I figured just on the hall out alone,I could put that $$$ towards something above the Water line to increase the value of the Craft,that is unless you have a steel or wooden Craft
I'm with JL.
When I cruised in Mexico the barnacles were a problem. The warmer the water and the more polluted makes this problem worse. You are likely used to clean waters but let me assure you most of the world isn't like that. I dove on my boat weekly to find and scrape barnacles. I this this guy has the right idea, too bad he is so overweight he might have a heart attack if he does it himself.
We spend about a grand a month. You can't find a decent apartment for that in Decatur. Ain't retirement great?
I heard you mention Gulf Shores in LA (lower Alabama) :) I'm just up the road near Auburn. I appreciate your video but wondered WHY DO YOU NEED A DIVER? I'm assuming they are inspecting the hull or some similar task but what is the criticality in that requiring it to be done every 4-6 weeks? Thanks again!
I have my boats dived every month for cleaning and checking condition
Building our brand?? Ugll. 1st n last video for me. Definitely not trying to monetize retirement either. Safe travels. Cheers,ed
Thanks for the view
Could you please tell us which insurance company will insure a 40 year old liveaboard?and will they cover you outside US waters?..love your utube videos..thank you!
We have Progressive right now
Thank you!
So, it sounds like your Marine Trader costs about $2,000 a month including storage, depreciation/capital reserves. At that would be (very roughly) comparable to an apartment rent for say a 2 BR unit in a marina community.
Yes correct
With the exception that his "house" could sink at any time.
I’d rather be lost at sea then found at work any day.
William you get me LOL
Did you say your present location is Gulf Shores? Enjoyed your video as a new subscriber.
Yes sir
Hence the Lula's T shirt !!! haha
🙌🙌
Thank you for the information. How difficult is it to get financing on an older model boat - say older than 2005? Also with insurance if you are a newbie is it possible to get even basic Gen Liability?
Financing can be challenging, insurance is expensive now but no problem. 😉
Well I'm here to tell you you don't have to spend a hundred grand to get a boat to live on I've seen Bunches of that are very big and livable I mean have lots of room on them for around 20 or $30,000 or older boat but if you take care of a boat it'll last you a lifetime
Yes I agree the one I live on now I only paid 25K for her and I love her not perfect but not bad
Where is that marine ?
I see it is a lot more for dockage now ?
I am looking for a 30 or 33 for a live in boat . One person and no pets
What happened to the 2 topics u said u would get into lol hurricanes ect?
Why not talk about the fuel cost? That has to be extremely high right now if you move the boat at all. Nice video!
Trawlers burn anywhere from 1 gal/hr underway to 20 gal/hr. Figure out your own fuel costs based on your boat's burn rate. His cost is utterly immaterial to yours.
What kind of boat insurance do you use? Do they allow liveaboards? Also, how does insurance work if you are a liveaboard?
All good questions, insurance is very difficult to get on older boats. I do not claim live aboard to with progressive, so I tell people not to use that term analogy, you need an address.
One of the commenters mentioned 'property tax'.... I don't understand why you have to pay property tax on a boat? I don't pay property tax on a car or truck or motorcycle or RV... so what is up with that? Thanks! New sub here. Good info!
some states have property tax
@@NoRegretsLifestyle - I get that, but 'property tax' in any form I've ever seen is when you own a home / real estate or even just land... then you pay 'property tax'. A boat or RV or motorcycle or truck is not 'property' by any definition I've heard. But what ever... I still don't get. Cheers.
you still using them flexible solar panels with the magnets holding them down?
Yes but I would not recommend them to anyone produce very little power
What is the insurance and things I need done for if I want to keep it docked and rent it out?
Not sure on that one our marina will not let us rent or Air B&B
It expensive we stay on the hook full time monthly rent and insurance zero , solar wind generator and natural water filter cuts out all utility bills you can actually save money not just keep spending it
This boat is not ready yet but I hope to get there soon
What is a natural water filter? Are you in salt water? It costs about $2500 for a water maker to turn salt water into pure. Plus membranes to buy.
How much is spent on fuel each month or weekly, or everyday? If going out to fish?
small diesel 125 hp - 2 gal an hr - 7knts - up from there
Why don't go on sailboat and go on the sea is cheaper and look like more freedom only good luck to you because the oli price going much higher than it is now 😆
500 a month sounds reasonable may I ask what area or state you’re located in ?
Alabama, but moving now
What tasks does your diver perform at every dive?
Bottom inspection wheels and shafts and struts also looks at sea cock valves and we get a complete report every time with pictures
Thank you. Does he charge extra to actually change zines or clean the bottom?
Zincs
@@jamesdixon2167 they clean the bottom ever time and you do get a report on the zincs, they would be extra if he had to change one
Not to nitpick, but you didn't include the expense of the bottom paint job amortized over whatever life cycle you plan.
Very true
At $1200 a month it would be cheaper to buy some ground next to the rver and put your own jetty in
Ya maybe but I am good there is more reasons for living in this marina like it's a hurricane whole as well.
None of the links you speak to are available in your post.
What our you looking at to buy?
Thanks for sharing i’m trying to get my wife interested in this lifestyle unfortunately we live in a very nice home on acreage and i’m ready to try out living on a boat.
Best of luck! Need anything let me know. You guys make it to the keys maybe we take her for a ride 😂
We are looking! We want a cruiser.
Nice I do like them let me know if I can help. I have one that I am going to do a video on tomrrow actually
@@NoRegretsLifestyle we really like Silverton and carvers but we are open. Definitely diesel. We live in Crestview
Paul Bates 702 885-7579
Is there people who actually rent there boats put for people to live in?
Not sure on that one, I have not herd of that but you never know
Buying your boat is actually not the highest cost. I'm nitpicking here, not necessarily criticizing your video, but the largest cost is a loss of economic opportunity. That means you lose the opportunity for your real house to rise in value. Boats sink in value. Houses rise (up and down, yes, but up overall). My house in California netted me one million dollars over the course of 25 years. Good luck finding a boat that will do that, or anything remotely close to that. But don't buy a house right now. Housing is due for a correction due to several factors. Buying two or three years from now will likely make sense. Perhaps the best course of action for someone who wants to live on a boat is to own a house they rent out as well as the boat. Then you're diversified and protected from inflation.
This life style is not about making money, if someone loves there money more then living life i would highly recommend not buying a boat it's not about the money. Personally when I die I won't get that plaque that says I made a million dollars from selling a house LOL, I hope to die dead broke and whats left will go to charity, but I like living this life style for now and giving to charity like I have for the last 5 years or so it makes me feel good.
@@NoRegretsLifestyle Great. I have not qualms about you living your life like that. I though, have kids and want to leave them as much as I can.
This isn’t the way the housing market looks right now or for the foreseeable future unfortunately, nitpicky and outdated
That's easy to fix if you plan a bit. I sold my house, originally to build another one. The CV happened and all that stopped. So then I thought I would buy one. But now prices are too high. So I took all that money and invested the hell out of it. Spent time to learn how and just did it. Now instead of buying a house, or boat for that matter. I created a very respectable permanent income. This income is substantial enough to buy any boat I may want within a year. That gives me time to arrange all the details. And when I make a move. I will have all the income I need for the lifestyle with no work involved...
Wouldn't a hybrid system for boats make a lot of sense?
Yes
Check out Greenline Yachts. Very cool boats. Diesel electric hybrids. Kinda like a WW2 submarine. Only no torpedoes...
I just wonder what you do at 10:00 pm when you have cramps and need to get to the bathroom? Do you use your own toilet? Move the boat every week to the pump out and back? Pay to have someone come by? I checked, in California it costs $50 per week for this. How do you get groceries each week, pack them in your hands, use a cart, or backpack? Lots of details you aren't mentioning about life at the marina.
Mike nothing is easy about living on a boat. we use the marina restrooms as much as posssible and we just drive and pump, it runs the boat and keeps her ready and skills ready at any time.
Where does fuel fit into those numbers?
These boats don't burn a lot of fuel maybe 500.00 a year unless we really go somewhere. But even doing the entire Loop are fuel bill was only 8000.00 dollars to do 6000 miles
@@NoRegretsLifestyle So, your accounting is basically reflects a marina living lifestyle with occasional short trips out. Is that correct?
What does the diver do to your bottom.?
He wipes off any growth and inspection of running gear and through hulls
@@NoRegretsLifestyle My Mom used to do that for me once upon a time ;-))
is that the "median" price or the "average" price?
Median price there is always ways to cut
Do you have a car port or garage
Not at this marina
Hit the like button at the beginning of the video? Before I've seen it?
Both LOL
Are not boats made for sailing away ? If you're going to stay put why not buy an RV in a trailer park you won't have to clean the bottom or zinks ?
Mark RV's are much cheaper we own both. But your not taking your RV to the Dry Tortugas
So never stay at an American marina. Got it.
sound damn
Can you go anywhere off shore
As long as we are within 700 miles of getting fuel
what about Fuel costs?
It’s living on one not moving one. If you want to do loop you have to add fuel
Am I going deaf what Marina are you in somehow I missed it
My boat is currently at Homeport for a few more weeks anyway
How about food?
Yes that’s another 1000.00 a month just a little less
Where are located ?
Gulf coast
No Regrets Lifestyle I live in Panama City beach love watching your channel.... me and my friend has been very interested in trawlers just haven’t figured out which one yet you channel is helping us decide
Fuel .?.
That depends on where I go, this boat gets 2.2 miles to the gallon, but when I stay local i burn about 100 gallons a year 400.00
paying stationary rent for a boat seems like an oxymoron
Maybe your right
you spend way more then you need to
Yes I know that, if I were by myself I believe I could cut it in half
Nothing low budget about it...costs more than living on land.
Yes most boats do
Not where I'm living. I am nowhere near the water. And I pay at least what he is paying for rent. And I am in a crappy apartment I absolutely hate. But I am preparing financially and will be buying my own boat soon. Haven't decided if I want sail, or a motor vessel. That actually depends on what I decide to do, and if I feel I have the income to support a motor vessel. I'm gonna want to move around a bit...