Buying your FIRST YACHT?? 7 TIPS from a Super Yacht Broker

Thank you for the information! We are planning to move our lives to Florida. It has been a dream of mine to own a yacht and I am now financially capable. Your vibe and enthusiasm is a perfect fit. I'm sure we will cross our paths soon :)

What is a M.O.A.?

Would love to hear more detail about chartering yachts to compensate for the cost of owning one. Can you really bring the price down close to 0?

Great info! I’m a first time yacht buyer and you touch in all the areas I want to know but more in-depth.

1) Putting the yacht in LLC and using it for 50% of its time for “business” chartering it etc for full write off. Is there charter companies that hand the entire charter process booking, crew, payment etc?

2) I live in California. However the Mangusta 108 we are looking at is in Miami. Should we keep it Miami or move it to California for when we charter? I am thinking we will be able to rent it more often from Miami then Let’s say Newport Beach/ San Diego. Would like to know best areas to keep charters in your opinion.

3) Also should we registering the US or George Town like most yachts for tax reasons.

4) More info on cost of maintenance and cleaning. Like how much a ft does it cost to wash a yacht and how often you should wash it. How about painting the bottoms of the yacht once a year etc. The little things like that are missed and not talk about as much.

Thanks, many useful tips.

Since most yachts are listed with a broker, is it smarter to have your own broker or go with the listing broker?

Great to hear you say, "It's just a consideration" and "I dont think one way is better than the other". Sign of a self assured and open minded man!

Would like to hear you speak on first buyer liveaboard yachts

He asks what are you going to do with the boat...me: I have NO fucking idea yet I'm just motivating rn...

Hey, I'm in no way going to buy a super yacht. I'm looking for a small sailboat for my family, but a lot of what you said is very helpful. I've been around boats my whole life, but never an owner.

great video and amazing info 😁 would love to see a video on buying a boat for free and to see how that works

Hey buddy, great channel. Really like how you keep it Real and Blunt. Do you have videos for the Joe Schmoes like me ? I'm doing my research right now, and in about a year I'll be looking for a full-time liveaboard. 50+ feet and Sub $200K. I'll be looking for something with good bones. As far as looks, as long as it looks nice, I can update things as I go along. I'm pretty handy for an older guy ... lol
I'll keep a look out for new videos.
Stay Safe !!

Thank you for the knowledge. I’ll keep watching and learning.

Do billionaires make a profit on super yachts? I.E, is a super yacht a good financial investment?

Is Okean a good brand?

Good lookin out. Thank you 🙏🏼

Great content

I will definitely need your services before I buy my first yacht. Great video, thanks!

Really, really great video, thank you!

I’m interested to look for a lover price boat to glory it chartered out . Do you guys run beside the brokering also a charter ? If so I would like to talk more

I'd love to see you do a video for someone like me who is thinking of actually living full time on a yacht with my family and traveling the world. Please PLEASE do a video of how much it would actually cost and the truth of what its like to live full time on a boat with my family. THANK YOU!

I was wondering if you've contacts of rich people renting their yachts? How do you do the yachts' marketing, Nick?

Dfg

What do you think about galeon? I want an 800 fly. I want family on the boat, charter it out, go to the Bahamas once in a while, and maybe do a little partying.

Bigger is always better

Never forget, brokers are just commissioned sales persons.

watching this as if imma buy one in this life time tf

Lose the sunglasses it undermines your credibility

Thanks man

sounds like if you're not going to be on it everyday, just rent one

Silverton 40 convertible or sea Ray 400 sedan bridge? Which should I target?

Sailboat vs power boat for ocean day charter

I have over 30k hours on a Detroit 60 series in a semi. Runs strong still. Maybe it's different for a boat?