My "Free Boat" project

[bigshrimpin]

NOOOOOOOOOOooooooooooooo!!! Stop before it's too late.
I know I sound like a jerk, but these comments are based on mistakes I've made.

Pretend this is a choose your own adventure book.

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Choice A: You spend $50 here, $100 there and every weekend in 2007 grinding fiberglass. You bust your hump getting the boat ready for the 2007 summer (but it still looks amature, b/c it was your first fiberglass job and you rushed to get it done).
The 3rd trip of the year that motor blows up after your dumped $500 to get it in running condition. You're mad at your wife b/c she won't let you spend another $2000 to repower. Now . . . You just spent every free minute of 2007 working on the boat, you've spent $4000 (but you won't know b/c you didn't save the receipts), the boat doesn't run and looks like hell. 2 weeks before christmas you are forced to dump the boat (b/c no one will buy it) and sell the trailer with new wheels for $250 to buy the presents.
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Choice B: You sell the trailer and motor separately and make $400 - $500 bucks. Buy a copy of the book "rich dad poor dad", get a second job (a long term goal oriented job), invest the $500 + money you make at the second job. Next christmas buy $4000 boat, have $10,000 in the bank, and have 1year of meaningful goal oriented experience.
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[willy]

Big Shrimpin is talking from experience, for my two cents I will say this.
When you have a boat, a car, hunting camp, super model on the side, ahh scratch that last one different paradigm. And it is something you love and you have a vision for what it will be for you go ahead and make it part of your life. Yes BS is right about everything he said. For BS. But I know he has spent untold hours and money on his beloved boats. It is one of his passions and he would probably do it again if that right boat comes along.
That is the key isn't it, for men if it makes you happy and a vision of an accomplishment is there, spend the money and enjoy. If you are not rebuilding it for profit, for the learning experience which you can at least break even on or for a vision of something you will use and enjoy and be proud of for years to come, cut your losses or in your case sell it and make a few bucks.

I agree. Not to beat a dead horse, but I origionally bought just the trailer. That's all I really wanted in the beginning for a small john boat to hit some of the lakes around here. Most of the lakes only allow 9.9hp or electric motors, so for right now, I think it would only make sense to get something that would be practical. So i'm going to have to find a junkyard that will take the boat. Thanks for all the help.