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      Abbreviated rules   07/28/2017

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carcrash

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About carcrash

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    http://www.Westlawn.org
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    Waikiki YC, Grenada YC, LA, NY, and Maine

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  1. The AC boats clearly had no in-water transducers. Moths, same. Olympic boats, same. So clearly, one need not have thru-hull transducers to compete at the very highest levels. So who has developed / seen / used a high performance sailing instrumentation system with no thru-hull transducers?
  2. Sailors Powerboat

    I dontthink outboard motors are obnoxious. Look funny in drawings and photos, but in real life, onboard and off, especially when using or maintaining or storing the boat, outboards are the way to go.
  3. Sailors Powerboat

    Very nice boats. Nearly bought one, but it was too wide to fit on a trailer alonside my house. A longer Fountain fit with inches to spare each side. I would have needed a chain saw ...
  4. Same owner for 27 years. Been for sale by that owner for 26.5 years, since the first time he got to Hawaii. Its a great boat! But also an excellent example of the illiquidity of a great blue water performance cruiser.
  5. The OP made a statement: "and that can easily be resold post-cruise. I expect to own the boat for a year or so, but no longer." This one statement invalidates ALL the suggestions people have made this far. ALL those suggestions are very good, insightful, and correct, EXCEPT FOR this constraint. There are very, very few sailboats that SELL quickly. So I would first go to a broker, and ask "what boats sell the quickest?" and on the West Coast, they will tell you, "A Catalina 30, 34, or 36." Something like 40 thousand of these boats have been built, and they actually are bought and sold quickly and frequently. Any WELL MAINTAINED example will easily make the trip from California to Tahiti and back, especially when sailed carefully and slowly, as any non-high-end-racer will certainly do. Its very easy to run the engine to charge batteries every day. Don't bother with solar or wind generators. Tiller pilots are cheap and reliable, if one takes several so you can have several (2 to 6) fail before you get back. Better than a wind vane, assuming you run the engine twice a day to charge batteries. Electric problems happen on voyages when batteries are not charged often enough. An hour in the AM, and hour in the PM, and you will be fine. Buy a typically equipped boat, keep it that way, keep everything clean and working (no problem if its still simple) and you will be able to sell it quickly on your return. If you convert it into a blue water sailing boat with all sorts of crap, then you won't be able to sell it quickly, if ever. Do NOT add a bunch of ANYTHING. If you want to keep the boat and keep sailing for years (which is what you specifically and repeatedly said you DID NOT want to do), then all the opinions offered in this thread are very good opinions. That Rodgers 39 Eclipse, for example, hits a LOT of the important topics mentioned throughout this thread. But Eclipse has been for sale for 27 years now, since the current owner first reached Hawaii a few months after buying the boat.
  6. The RC 44 Is a Great Boat ! ! !

    Sure look fantastically fun to me
  7. What boat to buy?

    Sounds like the CW Hood 32 actually hits your target pretty well. Electric motor! That is probably the thing that you will think make the boat the nicest to use for day sails. No screwing around with fuel getting old, oil in bilge, maintenance, noise, smell, vibration, stalling when shifting into reverse just when you really need it! By far the best looking of this bunch. Certainly simple to sail, with all lines coming to a cockpit that is easy to move around. Easy to get in and out of the boat. No spinnaker pole or sprit, so you might actually be able to keep using the chute as you get older. Lightest displacement, which means easiest to handle at dock and when sailing. As you get older, it won't start to seem unwieldy.
  8. Oyster Yachts gone bust

    Talking to many boat builders and brokers, a recurring theme is that the sales cycle (contact to sale) for a powerboat is a few days, for a sailboat its a few years. There is a reason all the sailboat manufacturers have such high owner loyalty: there is really no other way to survive. So I am quite certain Sunseeker would not even think about buying Oyster for a second.
  9. Sailors Powerboat

    Im not so sure about the long range powerboat concept except for really rich people, Superyacht style. A motorsailer, perhaps, but what is the reward one gets from just motoring that damn long? I bet the crew develops permanent hearing damage. Some times, its perfect for sailing. Sometimes, having the sails up while powering improves the ride and saves fuel. So I get the motorsailer concept. In fact, James Beebe, who wrote the book and got all this long range powerboat cruising thing going, in fact had a motorsailer, not a motor boat.
  10. Oyster Yachts gone bust

    In the USA, I need to show deposits from customers as two balancing amounts: an asset (the cash in the bank) and a liability (that the boat must be delivered). The amounts initially are identical, and as the cash is burned to build, the liability also reduces and is turned into asset (work in progress, and eventually finished goods). So I don't see an account anywhere that shows how much money on hand is deposits from buyers of boats to be built or in build.
  11. Oyster Yachts gone bust

    Oh: and it looks like the company was really making its return on Oyster provided financing for purchases. The financial statement show more income from interest than they earned from building boats. So even tho' the company is shut down, the investors will still get the payments from boats they previously built and sold. Note that the reports do not clearly identify where the debt came from. Perhaps that 15M (down from 16.5M in 2015) was the investment into facilities, and not purchase money. Can't tell for sure.
  12. Oyster Yachts gone bust

    There was always a little note in the annual reports, page 21, discussing the 21M in debt, saying something like "Amounts owed [by Oyster] are unsecured and repayable on demand. An amount of 15M (2015: 16.5M) is interest bearing [at] 3.25% (2015: 10.5%). All other amounts owed are interest free." So it sounds like the financial backers first gave Oyster a break for the year, dropping the loan amount for the purchase from 10.5% down to 3.25%. Kind of a weird thing for a purchaser to do, to charge the company for buying the company, but I've seen this before: its accounting. This is a nice gift to the company, but I bet the assumption was that the company would be pretty darn profitable. So perhaps the financial backers saw the cash in the drawer from all the deposits on the 80M backlog and figured that it would be smarter to just take all the cash, rather than wait for the original 15M to be repaid at 0.1M per year, with the odd 6M loss when a keel falls off... If the amount in the drawer was 80M, then they actually made a decent profit over the 15M purchase plus 10M investments. Numbers are approximate of course. You can read the financial statements, they were included in an earlier post.
  13. Oyster Yachts gone bust

    The price advantage of building in China is vanishing ...
  14. 501C3 Legal Advice needed

    Pay some money to a lawyer that specializes in establishing a non-profit. It costs less than a grand, takes a few months. You cannot do it yourself: the IRS regulations are contradictory, so case law must be strategically navigated. So you need a specialist. However, specialists in not for profit law tend to be much cheaper than typical. I used an online service for one, and just a young lawyer who works to change the world every day, for the second. Less than a grand both times. Maybe $600. Before hiring the specialists, I wasted a thousand hours of my time trying to do it without a lawyer, but just kept running into these legal contradictions: one section says you MUST do something, another says you MUST NOT. Note that there are non-profit 501c3 organizations that specifically service 501c3 orgs. These can save you money, and share valuable insights with you.
  15. Swedges are sketchy. If they are about to fail, you can’t tell. But they do fail, often after months or a couple of years. Sure, some last decades, but some do not. And you can’t inspect and tell the difference. Rod or fiber, but no swedged wire for me.