$350,000 46' leopard catamaran $35,843 per year maintenance doing 80 or 90% of the work yourselves $41,000 living expenses Thanks for the insight, we better start saving hard. That's a lot of making coffee at home!
@duncanmunn5015
4 жыл бұрын
Thank you for sharing this information. For those of us, including people like me who are still on the fence, this information is very helpful. I also very much appreciate your more thoughtful approach to monetizing your channel. There is a fine line to walk and I think you are doing it well. Some channels feel a bit crass in their constant request for tips so viewers can subsidize their lifestyles. On the other hand, good content deserves recognition, including recognizing the hard work put in to videos. I gave up on other sailing channels because it felt a bit more like watching young and beautiful people frolic and then ask for tips for the privilege. No disrespect intended , There is a time and place for that content as well. But your channel has a nice mix of education, information and entertainment. Well Done Sail Clarity Team.
@TheOKellys
4 жыл бұрын
Hey thanks. A fine line indeed. On the one hand we don't like the idea of begging or asking folks to support our frivolous lifestyle. On the other hand, this is indeed a lot of work and we are not trust fund kids or retired. So when someone kicks in a few bucks, they are really helping to prolong this little party we've got going. A win for everyone I think. But who knows what the future might bring. Heck, sure didn't see this season playing out like it seems to be! Be well Duncan.
@johnrichard6802
4 жыл бұрын
Sobering. Especially in light of you doing 80% of the work yourselves. Well done.
@TheOKellys
4 жыл бұрын
Not cheap....ugh
@corporateair4853
3 жыл бұрын
Any chance of getting a copy of your spreadsheet? Great videos, thank you so much! I'm currently working on a 440 Lagoon 05 Owner model.. 3 owner
@island7458
4 жыл бұрын
WOW, great data! Thank you for putting this out, most do not. Keep up the good work and stay healthy.
@TheOKellys
4 жыл бұрын
THANK YOU!! We love sharing our experience. Hope you stay safe too!
@loriley347
4 жыл бұрын
Thanks for outlining the budget, interesting but dont know why i watched It as i dont have a boat and after watching this i,m sure i never will.
@mslil40
3 жыл бұрын
If your zincs only last 3-6 months you have a problem with electricity leaving the boat??
@CadohaAdventures
4 жыл бұрын
It's always sobering when you break down the actual cost of everything 😳 We're trying to do much the same and tackle 90% of the boat work ourselves now, and rapidly learning how to do so. Nice to see such an honest break down of the costs. Thanks and stay safe ⛵️🐾👌🏻
@TheOKellys
4 жыл бұрын
Yes, sobering for us too. It’s been our experience that typically the longer you are in this game, the more you end up doing yourself. Not just less expensive, but better quality work oftentimes. Good luck on the journey! Thanks for the note.
@azdeatherage
2 жыл бұрын
have you thought of adding a 3d printer on your boat? you can make parts that are water and salt proof.
@reinouddelporte911
4 жыл бұрын
For the window seals you might want to consider hiring a battery powered caulking gun. Depending on the viscosity of the silicone your using it can be very hard with a regular gun. An electric gun will make this job a lot easier. Also an electric gun will give you more consistency in the glue bead. Buying an electric gun might be overkill for you (don't buy a cheap one). I like the Milwaukee guns, but they are around 400$. Do some small test runs on a piece of cardboard in advance, just to get the hang of it. Just make sure that the gun your getting is matching the product you're using. I switched to a bigger gun two years ago, the Sika Powercure. It's a great system, truly love it, but it's heavy and bulky. If I pick up a regular Milwaukee now, it feels like a toy :-) If it wasn't for the ocean between us, I'd be happily coming over to help you guys with the window seals. If you want more info, tips or tricks on this window job, feel free to ask. Greetings from Belgium
@TheOKellys
4 жыл бұрын
yes, those are really helpful. Thanks!
@Hotzenplotz1
3 жыл бұрын
Thanks for this, really a lots helpful hints here. You told about 4700 dollars on underwater painting, is that really DIY or did you get have it done in a marina? If you got it done, what's been included?
@TheOKellys
3 жыл бұрын
We don't paint our bottom. It is no longer a DIY job in most places because of environmental regulations. I have not watched the video in a long time, but I believe I am including haul, prep, paint, splash.
@vondenballs
3 жыл бұрын
I watched this video (well done by the way) and my dream evaporated...
@rexriver1
4 жыл бұрын
Great in depth analysis of your costs. Living the dream doesn't come cheap! Great content. Stay healthy and stay safe.👍
@TheOKellys
4 жыл бұрын
Thank you Ed. Will do our best!
@SnowSkiingIsLife
4 жыл бұрын
This was really good, thanks! Always nice to see you two addressing things like this openly, honestly, and with a bit of humor, too. :-)
@theguccipilot
4 жыл бұрын
Thanks, Nick and Megs. Really informative video. Nick, take care of yourself, buddy. I need more weather instruction. Megs, are you up for a cooking video onboard Clarity? Maybe one of your favorite recipes? We love you guys! PS. Don't forget to mention your podcasts on your video. -Darin
@TheOKellys
4 жыл бұрын
Darin! Thanks man! Appreciate it! Yes, we are trying to figure out what direction to point the bows in and that will have a big impact on what kind of videos follow! Weather stuff definitely on the way if have to pack it in for the hurricane season. Megan's cooking show needs to happen regardless! Appreciate the note and the very very generous contribution!
@meganote
4 жыл бұрын
Great video! Someone once said, “you can always make more money but you can’t make more time.” And I think about that a lot Nick. Thanks! It was you, of course. We were planning our first extended cruise (would have shoved off about 10 days ago) but of course it has been temporarily sidelined due to the Pandemic. We’ll get there! Thanks again for your videos and inspirations, and stay safe!
@TheOKellys
4 жыл бұрын
I love it. Such a solid truth, eh? Here's one that didn't make the book: time is all we really possess. So if our coming months are spent in brown water instead of clear, I refuse to be bummed about it. I am going to find a way to enjoy. Otherwise it will have been wasted time. The only one that can take that from me is...me. Thanks for checking in and I hope our paths cross next season.
@meganote
4 жыл бұрын
Each day I’m becoming closer to being a slacker!
@marceld6061
4 жыл бұрын
@@TheOKellys Amen, brother! There is a positive to every situation (and I have been in what most people would call some bad situations) Brown water is still better than no water. My joy is my joy. No-one can take that from me.
@robhill8894
4 жыл бұрын
Well..., I WAS thinking of retiring to a sailboat to avoid rent, mortgage etc.., as my only income when I retire will be social security..., but after this video, I'd probably end up buying something I can't afford to maintain. I was thinking about something around a 35 ft mono hull. I've seen quite a few for sale anywhere from $8000 up to $50,000 depending on age and condition. I figured I could afford the payments on a 20 year loan up to that $50K mark, but If I end up spending that much per year in maintenance etc.., I'll be better off staying in my RV I guess.
@roberthaberkorn7930
4 жыл бұрын
You guys are just ridiculously likable and easy to relate to. Always enjoy your videos. Stay safe out there!
@TheOKellys
4 жыл бұрын
Wow, thank you. Mom always said we should be ourselves. Lol
@brysonkennedy3909
4 жыл бұрын
You should visit whaly boat us.... get a HPPE indestructable diggy for haft the price. FYI
@peteryates7505
3 жыл бұрын
Wow....they advise that 10% of value is standard BUT they don’t say that you do the work yourself . Great insight. Thanks
@toddhurdon2016
3 жыл бұрын
I’m coming out of the gate in 2022 chasing the dream like a world cheese wheel champion! Over the next year is all the preparation. Thanks for the info....🖖
@mikeferguson2828
4 жыл бұрын
Another great video guys. Prices are also regional. I find USA prices really high compared to our part of the world. Yes a boat part is a boat part but labour, haul outs etc In many parts of the world are half what you pay there. I mean for my Leopard 40 I am in the process of redoing all the standing rigging for $3800 and this is from the factory rigging company in South Africa. I was told that this would cost $10000 in the US.
@johnperry7534
3 жыл бұрын
Thanks great work We found it costs every cent we have! Whatever that is we have that’s what it cost . Great work
@MarioStingerPerpetualTraveller
4 жыл бұрын
Too bad you are Americans. In Canada, we don't have to pay taxes if we don't live in the country. :)
@tylerseick6944
4 жыл бұрын
I went back to your video on personal finances and budget and found that you have a boat maintenance category showing $285 per month. Is there any overlap there with your latest video in the maintenance category? Thanks for all the great videos. Looking forward to hearing more about your consulting services.
@TheOKellys
4 жыл бұрын
Great question. For that video the $285 was the amount we spent/month on the boat while cruising for 6 months. We do majority of the work while on land during hurricane season which is why we thought this video would be helpful. With regards to the consulting services, phone is the best way right now as we can call the US and Canada from the Bahamas no problem. Hope that helps!
@peterj.miller9353
4 жыл бұрын
Perfect reasons for not buying cheap and old. Ty for that, same as witn old cars.....
@nolongeramused8135
3 жыл бұрын
After watching a number of these boating life channels, I've determined that most people don't really have that good a handle on where their money goes and what equipment costs are. Also, there are a lot of slapped-together, jerry-rigged solutions on some boats that shouldn't be trusted at all, yet they never get resolved in a manner any engineer/electrician/mechanic would allow once time allows. Really makes me wonder how close a lot of people are to having their boat either sink or have a catastrophic equipment failure in the middle of the ocean.
@TheStaniG
2 жыл бұрын
What Ive learned from people sailing, is that sailing costs pretty much the same in depreciation of a house, maintenance and insurance but doesnt have the benefit of owning any land to pass on and offset the capital losses. So really only useful for people who dont plan on having kids or people ok with leaving their kids pretty much nothing to build off from capital wise.... or if you're rich and this cost doesnt matter. Interested to see how a Silent Yacht stacks up compared to sailing yachts in the costs to own/run. Seems like an expensive initial capital investment but really cost saving way to own a boat over the years
@corporateair4853
2 жыл бұрын
Great Job! Thank you.. do you have this spreadsheet available for? Thx
@MrDavewoolley
4 жыл бұрын
Just found your channel and find your frankness & openness inspiring. Unfortunately I will never be able to realise my dreams of following anywhere near your path in life but watching you two enjoy such a fantastic lifestyle is truly hear warming. From an old would be sailer in the UK I wish you fair winds & calm seas. 😊
@TheOKellys
4 жыл бұрын
thanks for the note Dave. Glad to bring some value with these videos. Best to you as well.
@oraciosanchez6984
3 жыл бұрын
Love the honesty! Was looking at picking up Leopard 46 but need more money if we wana stay safe at sea. Thank you again! If your ever in oahu hit me up for a bit.
@SoCalFreelance
3 жыл бұрын
Some hard truths many people need to know before starting down this journey. The salt water and open seas environment is unrelenting.
@WeirdViking
4 жыл бұрын
21:25 It truly is all relative. I can barely afford the data to watch this on HD.
@alexeydegtiarev1708
4 жыл бұрын
I would say 'seals, zincs, oil, impeller' - all goes to second category, not a preventive :)
@JE-sc2py
4 жыл бұрын
Good morning. Thanks for sharing all these usefull information about maintenance costs. Can you maybe include about how much time you spent working on the boat for certain tasks and what tools you recomend to have on board resp. have access to?
@TheOKellys
4 жыл бұрын
Great suggestion!
@andre1987eph
2 жыл бұрын
If I buy a new sailing yacht, will I automatically acquire a beautiful girlfriend to do all the cooking and cleaning?
@nolongeramused8135
3 жыл бұрын
You could always get a milling machine, lathe, band saw, and a supply of zinc and go into business.
@beverleysteenkamp9273
4 жыл бұрын
Is it possible to see an overall summary in written form - of both maintenance and living costs. We are hoping to move to a boat as soon as we sell our home (after the SA lock down!) and this is up to date information that is very useful in our planning
@duckhorn
4 жыл бұрын
does the window shaking little bit? by the chassis flexing over wave?
@johnrobin4962
3 жыл бұрын
Great breakdown of expenses! Love the tip on the washing machine. Will be looking at that when we return to our boat. We are in BC Canada, boat in Florida. Hopefully be cruising in the Bahamas after Feb. Fingers crossed! Cheers and Merry Christmas!
@jonwhite3265
4 жыл бұрын
I appreciate how you guys share the load of camera time, a lot of other channels it’s either one or the other squawking away but I love your dynamic. Nice work.
@TheOKellys
4 жыл бұрын
Thanks Jon. We've been together a loooooooooonggggg time. LOL
@erikmelkvik6171
4 жыл бұрын
What a great video! I'm guessing that now those upgrades are done, that would mean that category would go down drastically next year? Love the videos ecstatically the tech, be safe guys!
@TheOKellys
4 жыл бұрын
Yes thank goodness, at the moment we can't think of any more upgrades. Thanks for watching and leaving a note, hope you stay safe too!
@daveamies5031
4 жыл бұрын
@@TheOKellys I'm sure you'll have thought of more than 1 in the next 12 months (Hobie TI? that will defiantly push the upgrade budget along)
@MurphysLemonadeStand
4 жыл бұрын
"Some shade of coffee" lol I loved that. Because I am not happy with these "southern waters". Definitely look forward to BVIs. I heard wrap.. So you wrapped your hull? I havent seen anyone in the gulf coast doing it and seriously considering but havent seen any boaters do it. How do you feel about your wrap? I also had a guy come out and size our boat for seadek. I really think this will get cheaper in the future as more companies start to copy this model.
@TheOKellys
4 жыл бұрын
Lol, we really don't want to leave these crystal clear blue waters, we're spoiled now! We wrapped to the waterline and absolutely love it. No dings or issues so we highly recommend Burl from boatwraps.com. Yeah, really hope the Seadek $$ comes down. We know there are cheaper options out there but you have to cut your own foam. Thanks for the note!
@001renier
10 ай бұрын
Wow this is a rich mans game the cost per year is totalley rediculous only way any1 can do this if u r retired or trust fund babies
@markzap5131
4 жыл бұрын
The information you detailed on your search and ultimate purchase was amazing. I also was appreciative of you revealing your annual budgeted maintenance costs and really admire the both of you. Thanks for educating viewers of so much to be aware of if contemplating a leap into living on a Cat, or other type sailing vessel. Hope your family are safe and healthy. God Bless! Mark Las Vegas, Nv.
@TheOKellys
4 жыл бұрын
Thank you Mark so grateful for your kind note. We love sharing and helping others understand what it takes before they make the big jump.
@mrrustygray
3 жыл бұрын
Best video of reality of the costs. Hands down. Thank you.
@Leggir
4 жыл бұрын
My two cousins and their wives sailed the Pacific and Indian for 20 years, working the summers in Vancouver, BC then sailing the autumn, winter, and spring. They finished in 1997. 50' monohull, built themselves from concrete. No GPS, solar, automatic rigging, or other conveniences. They loved it though.
@TheOKellys
4 жыл бұрын
Wow that’s really cool, what a life! We love BC, hope to visit again.
@williamuk8279
4 жыл бұрын
Wow. Your professionalism is breathtaking. Wishing you all the best in your future cruising. Thank you very much.
@eagleone8270
3 жыл бұрын
Thank you for sharing, I have decided to stay on land.
@louannad1
2 жыл бұрын
You guys are so brave and I wish I could do what you do. Ever need a stole away let me know.
@edriv3722
4 жыл бұрын
That megayatch gobble your annual budget in less than 24 hours. I love how you manage your maintenance.
@TheOKellys
4 жыл бұрын
Lol. That helicopter burns our annual fuel in an hour. No joke
@dylanshandley1246
4 жыл бұрын
The O'Kelly's never mind all the other ridiculous expenses like the crew salary for 10-30 people, or the $30,000 a month they spend on data xD. But hey, that’s their money that they worked their asses off for so whatever they want to spend on something that they find enjoyable or relaxing is fair enough 🤷🏼♂️. I would never want the jobs they have if only because of the stress that comes with the type of job you need to have to be able to afford those yachts so they can keep them :p
@comesatime123
4 жыл бұрын
Another great video! Would be fantastic if pulled it all together in the future with a total cost of ownership (TCO) vlog which includes things like depreciation (around 5% per year?), cost of capital (5% per year?), insurance, moorings/marina/on the hard fees, customs/cruising permits, etc. I am afraid though the final number will be really sobering.
@TheOKellys
4 жыл бұрын
Have thought about doing that. A lot of variables. Depreciation tends to flatten at about 1/2 replacement value, but subject to market fluctuations. 5% cost of capital? You can’t make an assumption like that. Regardless, a boat is not usually a good financial decision. You do it for other reasons.
@Investor_2000
4 жыл бұрын
Nice to see you guys again. Wow talk about BOAT, bust out another thousand. Excellent piece on true cost of ownership, defo agree spend on preventative care. Stay safe and especially healthy. 👍👏🇬🇧
@TheOKellys
4 жыл бұрын
Thank you David, great to hear from you. Hope you are doing great!
@johnperry7534
3 жыл бұрын
Thanks you’re terrific people
@brois841
4 жыл бұрын
Can you please tell us how you budget your time? Specifically I'm curious what portion of your time you budget to maintenance? Since you do a lot of DIY, I feel that's important - given that most people when they look for a sailing cat (like me, lol) think they'll just go place to place seeing the world, not "wrench" on their boat. Thanks!!
@TheOKellys
4 жыл бұрын
Let me give that some thought.
@yuuwhoo
4 жыл бұрын
I was thinking if you had kept the 350' from your Golden Gate "Fun" Cruise (in the steepest seas in the channel you had ever seen) you could have saved that much anyway? I know it wasn't funny at the time but it sure is now. You do really good videos and I enjoy them very much. I know this video is going to help many "noobies" and help other boat owners such as you compare expenses. Thank you.
@TheOKellys
4 жыл бұрын
Hey thanks. We never stop learning. Amazing tech exists to share like this. If we’d have had youtube back in my day....lol
@robinherrick5777
4 жыл бұрын
"Nick, they want to see your eyes!" LOL yes! The first video I ever watched from you guys was when you went looking at catamarans and Nick had sunglasses on the whole time. Your numbers pretty much match up with ours-the first time we had a quote for an oil change on our Yanmar 29's it was $1300-breathtaking...
@TheOKellys
4 жыл бұрын
lol, glad you got the reference ;-) thanks for the note! Appreciate hearing that our numbers match with yours.
@calebm4724
2 жыл бұрын
Is it true that even though someone may have a 60 foot cat, that is a million dollars, the cost wouldn’t increase 70k more per year. So it isn’t really 10% of the cost of the boat? For a larger boat you’d probably spend 15k more a year? Or is this logic wrong?
@TheOKellys
2 жыл бұрын
Yep. I think that the reason people don't believe the 10% guide (which includes insurance, BTW) is that they discount the cost of upgrading to maintain value. Sure, you can spend less and just paint the bottom and otherwise keep a boat floating, but if you are trying to maintain the value of your boat, you need to amortize longterm wear items and include that in your budget. You will pay, one way or another...either along the way or when you sell.
@markribkoff
3 жыл бұрын
Great video with lots of top shelf content! The numbers don't lie, you can pay me now or pay me later, no matter what, you will have to pay one way or another. We will be in your area soon on a new to us 2018 46' cat after previous years spent on a 1975 47' offshore ketch that got the job done but needed a little TLC once in a while;). It will be fun to experience the difference in so many ways.
@TheOKellys
3 жыл бұрын
Cool! Looking forward to checking it out!
@Investor_2000
4 жыл бұрын
You guys, helping the rest of us to keep going! Life in lockdown is so unpleasant. It looks wonderful where you are but I know you’re in just as much difficulty. Love you’re positive attitude, something I will try to aspire to. Best wishes from 🇬🇧.
@TheOKellys
4 жыл бұрын
Thank you David, this is really something but we are all in this together and will get through it. Hopefully soon! We were joking about trying to re-make "Groundhog's Day" but it was too much. It does feel like we're all in that movie though doesn't it?
@Dinkyfish666
4 жыл бұрын
Curious as to what your annual budget for “emergencies” is? E.g. something we did NOT expect has just broken and now we need to get it fixed
@TheOKellys
4 жыл бұрын
The truth of the matter is, we'd spend whatever it took to get moving again. There is literally no alternative. We keep a healthy pad in the cash account to cover just about anything.
@pataulson
4 жыл бұрын
This was an awesome episode ... thank you for making it. I see in another comment a reference to your eye ... so on a related subject to both ... what is your health insurance strategy/costs etc.? How is coverage outside the US?
@TheOKellys
4 жыл бұрын
Thank you Patrick, so glad you enjoyed the episode! Our health insurance is $244/month for both of us, anywhere in the US. We use DAN Divers membership for $55 per/year for both of us for transportation back to the US if we need healthcare.
@lowellmccormick6991
4 жыл бұрын
Any chance that you guys could produce 3-5 minute light, fun weekly segments for chatterbox local TV morning shows? Maybe do a local weather report remotely? All our local hosts are doing the morning shows from home, but your home is much more picturesque.
@TheOKellys
4 жыл бұрын
Oh I see syndication in our future! LOL
@miles4874
4 жыл бұрын
In the matter of bottom paint check out RAN sailing Episode 66 at the 2:33 mark. Johan’s friend has his sv Courageous on the hard with Hempel Silic One bottom paint that has been on for 3 or 4 years and it looks like brand new! Barnacles sense the paint as water and won’t attach to it. Soft growth can easily be wiped off with a sponge or towel. The paint costs twice a much but lasts 5 years or even more. Also, I second the recommendation for Precision Sails in the Seattle area. Love your videos and please stay safe.
@TheOKellys
4 жыл бұрын
Thank you for the tips. I think we are in for a revolution in bottom paints. At least I hope so. Love the idea of polluting less.
@AcanLord
3 жыл бұрын
so it costs even more of a megafortune then i thought. It really does seem like there are no options at all.
@NonSleeper_Occasional_Thinker
4 жыл бұрын
Love your videos. 100k this last year plus minus ouch. Let's donate folks! You have hope and strength. And our love. Be safe and keep loving each other. Enjoy what you can be safe. Hugs from Canada
@TheOKellys
4 жыл бұрын
It was an expensive year. Until the coronacrisis, we were hoping this years budget would be a lot less. Thank you so much for the support!
@brysonkennedy3909
4 жыл бұрын
Time to switch to silence yantch boat.... lol
@cory0702
3 жыл бұрын
Great video, how has the wrap held up. Thanks Sid
@RogerWilco1
4 жыл бұрын
Do you think the faux teak is worth it? That seems like a relatively high cost item. Is there a cheaper, good alternative that maybe isn’t as nice/fancy? Really great info in this video. You keep it more real and less hand wavey than anyone else. It’s good to know I could afford to buy a similar boat to yours and cover the maintenance costs. Now just have to decide if that’s what I really want to do.
@TheOKellys
4 жыл бұрын
It’s very nice. Very comfortable. But it is soft and the glue will melt eventually in the tropics. SeaDek is machine cut to conform to floor. You can buy the stuff in sheets and cut it yourself for about 1/4 to 1/3 the price. It will not have the same finish level, but functionally no different. Thank you for the supportive words. We do our best.
@dingo397
4 жыл бұрын
I have a question about the electronics that you have now completely changed....On average how often do these need to be replaced or just updated and the cost....it seems its like cell phones, on average 3 to 5 yrs....5yrs being complete replacement ???
@TheOKellys
4 жыл бұрын
No real rules to apply here. Everything in the sailing instrument world went digital about seven years ago, so all the old analogue equipment was just outdated. New stuff is a lot better. We were having some troubles with a couple things anyway. No way to know what sort of innovative tech is on the way, but this stuff should be good for a long long time.
@IrishOister
4 жыл бұрын
You two make a good team. You enjoy each other's company, you respect each other, neither dominates. Great couple.
@michaeldouglas6872
4 жыл бұрын
I was thinking the same, it's so noticeable at the intro of this episode as you both take turns on the commentary and presentation, almost like watching a news anchor team. Sailing Ruby Rose and Ran Sailing couples (great channels btw), have same style as you guys, but have to say you both are a bit more polished.
@stinkintoad
4 жыл бұрын
Very informative as usual! Do you guys add some type of minerals to your potable water from the water maker ? What do you guys think about the aluminium dinghy SV Delos has made by Ocean Craft?
@TheOKellys
4 жыл бұрын
No, no mineral supplements. Their dinghy looks cool. No experience with those though.
@mprgscannertours
4 жыл бұрын
Good budget data. However, people thinking of doing this sometime soon may need to consider that boarders are likely to remain closed until an inoculation and proof of having it are presentable. It could be 18 months before a vaccine is on the market. So long passage making is perhaps a very long term dream. I hope not. On the brighter side boats may fall into destress sale category if we face depression rather than recession. Bartering and bargaining is going to be a new ‘currency’ me thinks Take care out there. Brodie (Australia )
@TheOKellys
4 жыл бұрын
Thanks Brodie. No one knows what the future will hold, but less freedom looks to be the norm for a while.
@RondoGlobal
4 жыл бұрын
Another super duper infotastic video. I am ninja trained, in the art of Wax on Wax off, if you need my skills post corona, you know where to get in touch. Stay safe and healthy.
@TheOKellys
4 жыл бұрын
Keep practicing that Crane! LOL
@ejdd3442
3 жыл бұрын
Not many understand the video editing etc behind the the scenes for a 23 minute video of this caliber, this production is Netflixable! Thanks for the info.
@TheOKellys
3 жыл бұрын
Wow, thank you!
@ginoferreira5193
4 жыл бұрын
Why do you guys look so familiar??? Are you TV personalities??
@TheOKellys
4 жыл бұрын
LOL. TV personalities? LOL. A long long time ago, I (Nick) worked in television. I did the weather in SF Bay Area and in Denver. Megan is just natural in front of the camera.
@kirk9671
4 жыл бұрын
Thanks for such valuable and useful information. The number that caught my attention was the bottom job. Would copper coat or some other product negate that.? Or is the cost the haul out which I will need for the zinc and sail drive maintenance anyway.
@TheOKellys
4 жыл бұрын
Good question Kirk. We know a couple boats that have done coppercoat. One worked well, one was a disaster. The key is perfect preparation, which is expensive. At what point does that extra expense recoup? I don’t know. But with saildrives, replacing lower seals is going to be an every year or every other year sort of thing depending on usage, so a haul will be necessary anyway. I do think newer, more effective bottom coatings are on the way that will hopefully be less toxic and longer lasting.
@miket1638
4 жыл бұрын
Would love to see the spreadsheet you guys use to manage your budget. Care to share? I'm 5 or so years from moving to your neck of the woods but I'm a bigger planner and spreadsheet guy. Thanks for all of the great informative videos!
@TheOKellys
4 жыл бұрын
Maybe. Would want to make them all pretty. Go join our Fb group. We'd announce something like that there.
@Unitedflyier
4 жыл бұрын
Thanks for the information. When you want to go somewhere you have never been to before, how do you find out where to go? Berthing costs marina facilities? I'm looking a buying an older live aboard motor boat in Guam and moving to the area for 3 years. Just don't know where to start.
@TheOKellys
4 жыл бұрын
Try noonsite.com. Also Active Captain.
@manuelstarr3602
4 жыл бұрын
I didn't hear the beer belly maintenance....I mean if you are say polishing, a cool one would help to make it bearable...the cool one is part of the cost...yeah???
@TheOKellys
4 жыл бұрын
lol. We don't drink, but a cool one is a cool one!
@natespears6443
2 жыл бұрын
Great info. Thank you for sharing your info
@dabooser1048
3 жыл бұрын
In 23 minutes my dreams went from a catamaran to a canal boat.
@tonyfromaus7855
4 жыл бұрын
Oh wow... I just bumped the likes from 999 to 1K. :) You guys are great, thanks for sharing.
@TheOKellys
4 жыл бұрын
Awesome, thanks for getting us over the hump! Appreciate the kind words. Thank you.
@jasonstrong4610
4 жыл бұрын
I'll go against the tide. These figures seem to be at the high end. I'll have to see some other cat vids and see how they manage. Separately, 2k a year on motors would suggest electric motor with panels etc would be competitive,.
@TheOKellys
4 жыл бұрын
well, this year was on the high end as we did a few more upgrades. But now that we have had four boats of varying values, 6-8% of value per year is actually on the low end I think to maintain a boat's value. Now you will find people that spend less on upkeep for their boats, but this is precisely why you find cheap boats for sale...they aren't worth as much because they haven't been maintained. You either spend it now to keep the boat up, or you spend it later when you sell for less. It's not a philosophy I'm espousing....it's just how it works. Pay now or later. For an oceangoing boat, I think it's silly not to maintain it to a high standard. You'll just end up stuck somewhere waiting for parts or a repair.
@chadphilpott1991
4 жыл бұрын
These breakdowns are the best for us newbies wanting to learn. Any tech or how to videos would be good to. I liked having the explanation of what the Code 0 was for, thanks!
@TheOKellys
4 жыл бұрын
Thanks Chad. Really glad you found it useful. We will tech it up here soon!
@cbailey6898
4 жыл бұрын
The "yacht"; Nick, "It's all relative." ROFL
@TheOKellys
4 жыл бұрын
The name of that one is “Bold.” I’ll say!
@kaye2890
4 жыл бұрын
learn alot of boat business. May I ask how you support all these boat expense? How do you make living while live on the boat ?
@TheOKellys
4 жыл бұрын
Investments, trading, media royalties. Check on the channel...we made a video about that last year.
@4suc6
4 жыл бұрын
It is still much cheaper cause you wife cannot do shopping all the time when you sail 😂😂😂 smart move
@TheOKellys
4 жыл бұрын
🤣🤣Lol (this is Megan)
@windmedic
4 жыл бұрын
You guys are so analytical..very helpful and inspiring..real and familiar..much love. Stay clean and safe...
@TheOKellys
4 жыл бұрын
Aww thank you so much Marc, we really appreciate you taking the time to watch and send us good vibes. All the best to you, stay safe!
@PaulBeauchemin
4 жыл бұрын
Very helpful. Wonder if the copper coat bottom is more cost effective than the annual bottom job?
@TheOKellys
4 жыл бұрын
It's got to be put on with perfect prep. That is expensive on a big cat. But I like the idea of less pollution. The catch is that with saildrives, you got to pull out for new seals every year or two anyway..... so you wouldn't really save on a haul. If we find a cheap place to haul next year, I will look into it again.
@mlua02
4 жыл бұрын
Very informative, thank you, I am actually looking at buying a catamaran soon for me and my family.
@RVLifeNOW
4 жыл бұрын
Yep...antifouling paint and prop paint are definitely expensive. We just applied Coppercoat antifouling which wasn’t much more than traditional antifouling, and we always use Propspeed on our prop. Hopefully we will see some savings there over the next decade! We always clean our own bottom no matter where we are, but if you are paying for bottom cleaning. Copper coat could save you serious money there too. Our bottom cleaning takes 20 minutes now, instead of 2.5 hours. Just an idea -Rebecca on SV Brick House
@TheOKellys
4 жыл бұрын
Would love to do that. Prep time in the incredibly expensive yards here make it prohibitively expensive. And you can’t skip on prep with coppercoat. Glad it is working so well for you guys!
@louielew61
4 жыл бұрын
Thank you all for producing some extremely interesting and detailed videos. Well I want to sell myself it helps me gain clarity on what I need to do to get there
@rabukan5842
4 жыл бұрын
You 2 are great! I thought I heard you say that your bottom job cost you $4,370? Wow! Is that mostly the props and sail drives, and haul out fee? Am I right about that? I have a 50' Riva motor yacht in Okinawa, twin MAN 510HP. It only cost me about $800/year for paint and zincs, maybe $1,000 in total? I did the hull/metal paint and zincs myself with some Marines helping out. I don't live on the boat, though I could - mostly weekend tech dive trips. So my maintenance is far less, although I've been restoring her for a year, so she's cost me about $45,000 for the restoration, and I just have aesthetics left (gelcoat and decking.) But so far, my maintenance is quite low compared to what you're coming up with, especially your rigging and sails costs. Appreciate the break down. I thought about retiring onto a Cat., but I might just stick with a motor yacht though, like a trawler. These engines cost me nothing to run as long as I do the regular maintenance on them. The rest of the boat is pretty simple, and solidly crafted. Enjoy those beautiful seas!
@TheOKellys
4 жыл бұрын
Jeez, the cans of paint alone cost almost $1600. The haulout was about $2200, then odds and ends. Your costs looks extremely low. I had no idea Japan was so affordable. I had thought the opposite was true.
@rabukan5842
4 жыл бұрын
@@TheOKellys It might be because we're in Okinawa? Things tend to be a little cheaper here than on mainland. But my total paint cost was $600, and they do not allow any copper based paint here. Regulations are very strict. Zinc was about $250, about the same as your cost. So, it's the price of your paint that drove up your cost. The paint we used held up quite well all year. I'm a professor, and technical dive instructor, so I just grab my Marines and we scrape the boat down every 3 or 4 weeks on the way up from a dive. I don't even want to tell you the hauling fee here. It's really cheap, even for a 50' yacht with a 15' beam... Ok, I will - I pay 3,000Y for the haul out and 2,000Y on the hard. That's about... $45 for the 1st day and $18/day thereafter. Now your Cat. at 46' and 25' beam would be more expensive, but not that much. Let me know when you're coming. You're welcome anytime. :)
@jamescarid3448
4 жыл бұрын
And how is the eye? Great info, that's alot of $$. Do you still own a land condo/apt/house? Cheers.
@TheOKellys
4 жыл бұрын
No, we don’t have property right now. The eye is still a problem. Better, but going to get it looked at
@netook8
4 жыл бұрын
@@TheOKellys Yea owning a 2nd home is basically a no go for much of the world right now. They won't let you go to your 2nd property and will fine you!. Thanks for laying out the costs of a boat that size. Does a monohull have less expense than a catamaran? In a few years I'm hopeful that my Bitcoin investment over the last 3 years will really take off(i'm only up 20% overall) and blast off away from renting and into owning/cruising. But because of "unmentionable" one cannot RV around Canada and the USA anymore, one cannot move to the country anymore. So that really just leaves the sea as the last truly free place on Earth.
@g.pearson4726
4 жыл бұрын
Mike I agree I imagined moving to another country one day However, w this apocalypse the sea is the best choice You can live and go where you want Stay safe
@miaforte8536
4 жыл бұрын
Nice video. How will Covid-19 economic downturn affect youtubers/cruisers financially? Other side hustle opportunities?Amazon affiliate cuts, etc. Would love to see an analysis video. Love your channel. How do I find your podcast on other places besides itunes? Searched on Google Play Music and Soundcloud. Take care of that eye. It is in the must do maintenance category.
@TheOKellys
4 жыл бұрын
Thanks for your note and questions. Cruisers are some of the most adaptable people I know, and it's way too soon to know how Covid will affect us. The podcast can be found on our website - www.sailclarity.com/podcast as well as Stitcher. Agree the eye is in the must do maintenance category, thanks for the good vibes, stay safe!
@miaforte8536
4 жыл бұрын
@@TheOKellys I just got stitcher. Thank you. Stay safe and stay awesome!
@sadilaureta
4 жыл бұрын
what are your thoughts about ceramic coat appication on the boat. its been use on cars to protect from UV, dust and debris to road tar and rain just slides of out on the surface I was just wondering what will it do if applied to the underside of a boat. and from the top you dont need to wax .
@TheOKellys
4 жыл бұрын
Have heard good things, but haven’t used it myself, would love to try it. If you do it, let me know how it goes
@hernandomunoz1726
4 жыл бұрын
What would be the most affordable (boat cost and maintenance) size of ocean cruising catamaran?
@TheOKellys
4 жыл бұрын
Look into the Catalac catamarans. They can be had for very little money, relatively speaking.
@jefftilghman9059
4 жыл бұрын
Novice here. What's the difference in the "lite air sail" and the regular sail? Which is the main correct?
@TheOKellys
4 жыл бұрын
I would say the cutoff is about 15 knots. Anything over that and we are using the normal dacron headsail. The mainsail doesn't get changed. Always the same.
@tracyoliver550
4 жыл бұрын
Great video! It would be interesting to somehow see a graph of boat age/value plotted against maintenance costs. This would be helpful for planning expenditures at different stages. Certainly, the initial condition of the boat would be paramount, but in the case of a new boat, I would assume the % would be lower and grow as time passed but on a decreasing value. I'm too many years removed from my statistics class to model that!
@TheOKellys
4 жыл бұрын
Thanks Tracy! My first thought is a new boat is going to cost WAAAAAYYYY more than Clarity so maybe the costs are already baked in?
@rutgerolsen4272
4 жыл бұрын
LPT: You can buy a gallon bottle of simple green concentrate for $10 at Home Depot. It makes $90- $120 worth of simple green spray bottles!
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