Mutual Ownership

cterrebonne · #1 04-15-2009, 02:15 PM

i was curious to see if anyone ever went partnership with anyone in a boat. It would be with family.

C YENSEN · #2 04-15-2009, 03:13 PM

only asking for trouble in my opinioin.....

Blue_Runner · #3 04-15-2009, 03:41 PM

It makes sense financially but like Cy said, avoid it if possible. It could lead to unnecessary/unwanted strife.

Sharing a wife would be almost as bad as sharing a boat....almost.

THEFERMANATOR · #4 04-15-2009, 03:58 PM

DON'T DO IT!!! I t hardly ever works out for the good, and almost always ends up bad. It is easier to own a boat with a friend than it is with family, and even that hardly ever works out.

gofish · #5 04-15-2009, 05:41 PM

DON'T DO IT!!!

I went in w/ 2 of my best friends on my V. All was great for the first 6 months or so. After that one of the guys started slacking on putting gas/oil back in after using it, not cleaning it up well after using it, breaking stuff and not telling his partners about it, etc. Me and the other buddy let it slide for a while, but I finally called him out on it and he took offense. Well, that lead to a big argument... blah blah blah.
Long story short, I ended up buying the 2 friends out and my relationship with the friend that wasn't holding up his end of the deal is still a little akward to this day.

Don't think you're immune to this situation. Eventually, you will either be the guy that gets sick of it, or you will be the guy they get sick of.

RWilson2526 · #6 04-15-2009, 05:59 PM

good advice above but you can consider your relationship with the family members you would be going in on....Do they get mad at you or you at them for things on a regular basis?....If your talking going in with maybe a dad and brother or something I think you would know best if it can work out. Friend of mine went in with dad and uncle on a whaler and all seems bliss so far after 4 years....