[Rhodes22-list] Florida Syndicate

Slim salm at mn.rr.com
Tue Dec 20 13:38:17 EST 2005


Just brain-storming a bit here--how about a high-season/off-season sliding
scale?  
Slim

On 12/20/05 1:06 PM, "Bill Effros" <bill at effros.com> wrote:

> Slim,
> 
> Can't do it.  Won't work.
> 
> If you would like to try to organize a syndicate around a lower rental
> price, I'm in!
> 
> The problem is that everyone wants the boat at the same time--revolving
> around school vacations.  Then there are a few people who will take the
> boat in other times, but they won't want to do this every year.
> 
> If you can rent the boat 12 weeks a year/every year you're lucky.  But
> if you take in less than $3000 a year you won't be able to cover your nut.
> 
> Remember, we are working on the premise that the boat has no cost, and
> that whoever has to do all the work of holding things together and
> paying the bills is unpaid.
> 
> My guess is that we can't find a solid $3000 a year worth of rentals no
> matter how we price the boat.
> 
> How many dollars a year would you commit to?  How many weeks would you
> want the boat for that commitment?  When would those weeks be?
> 
> Bill Effros
> 
> Slim wrote:
> 
>> $250 is too high.  Lower the price and we'd get more people involved.
>> Slim
>> 
>> On 12/20/05 9:54 AM, "Bill Effros" <bill at effros.com> wrote:
>> 
>>  
>> 
>>> Before we spend a whole lot of time cutting up the pie, let's see if
>>> we've got a pie.
>>> 
>>> If people want a boat available in Florida at $250 a week, we can put
>>> one there.  If we can rent it out for 12 weeks a year, we can keep it
>>> there.  Sweat equity is acceptable payment.  The Syndicate only looks to
>>> break even; not make a profit.  We are open to people moving the boat
>>> from its Florida base, provided it is returned at some point.
>>> 
>>> How many people on this list are prepared to commit to using the boat in
>>> the future?  For how long?  When?
>>> 
>>> Your response to these questions will determine whether or not there is
>>> any point to working out the rest of the details.
>>> 
>>> Bill Effros
>>> 
>>> michael meltzer wrote:
>>> 
>>>    
>>> 
>>>> bill a quick subjection, you are going to need some
>>>> form an corperation or an LLC for this, it procection
>>>> for the share owners so no one can come after them for
>>>> more than thier investment. we should have a lawwer on
>>>> the list(or do we have to sign steve back up) that can
>>>> be voliltered for it :-), FWIT, a benifit to the share
>>>> owners is they can "use" any unrented time up to
>>>> double thier share as advaiable, please play attention
>>>> to "exit" clause now, in clear full/terms, including
>>>> unable to conatct.  What happens is some is unhappy,
>>>> losses intrest, dies, heath etc, or worse yet get
>>>> pissed at the other members...... get is cleaned up
>>>> upfrount instead with the "last man standing" years
>>>> from now. Could be a "downer" to debate on the list so
>>>> use some tack. -mjm
>>>> 
>>>> --- Bill Effros <bill at effros.com> wrote:
>>>> 
>>>> 
>>>> 
>>>>      
>>>> 
>>>>> Chris,
>>>>> 
>>>>> I understood what you meant, I just wanted everyone
>>>>> else to understand
>>>>> that while I think I can nail down the logistics for
>>>>> a single home port,
>>>>> I can't recover the boat after one-way trips.
>>>>> 
>>>>> If a group of people wants to take the boat to the
>>>>> Bahamas, have another
>>>>> group sail it around there for a while, and have a
>>>>> third group return
>>>>> it--why not?  As long as it gets back to home base
>>>>> somehow.
>>>>> 
>>>>> If the boat is useful for Stan and Elton, why not?
>>>>> 
>>>>> If someone wants to take the boat to distant waters
>>>>> because a group
>>>>> wants to sail somewhere, why not?  How about Maine
>>>>> in the Summer?  I
>>>>> know how to store it in Greenwich for a lot less
>>>>> than I know how to
>>>>> store it in Miami.
>>>>> 
>>>>> Everyone pitches in with their knowledge. Some
>>>>> people can provide some
>>>>> things, some can provide others.  We'll need all
>>>>> kinds of help to keep
>>>>> it rolling.  As long as people want to keep using
>>>>> it, and are willing to
>>>>> pay a modest use fee, we can afford to keep it.  The
>>>>> membership of the
>>>>> Syndicate can keep changing.  If it gets to be a
>>>>> pain, and no one is
>>>>> willing to do what has to be done, we sell it.
>>>>> 
>>>>> I think it could be a lot of fun, and good for
>>>>> everyone.  It appears
>>>>> that there are enough people who agree with me so
>>>>> that we can try it out.
>>>>> 
>>>>> You've got a lot of experience in outfitting boats
>>>>> for more than day
>>>>> sailing, and we'll be listening to all of your
>>>>> ideas.  Since we all own
>>>>> the boat, hopefully everyone will leave the boat a
>>>>> little better than it
>>>>> was when he or she got it.
>>>>> 
>>>>> We'll see.
>>>>> 
>>>>> Bill Effros
>>>>> 
>>>>> 
>>>>> 
>>>>> Chris Geankoplis wrote:
>>>>> 
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>> Dear Bill,
>>>>>>              Getting the boat to Miami would be
>>>>>>     
>>>>>> 
>>>>>>          
>>>>>> 
>>>>> no problem, I just
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>> thought that some of the guys might want to sail
>>>>>>     
>>>>>> 
>>>>>>          
>>>>>> 
>>>>> the Bahamas without making
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>> 2 crossings.  No problem!
>>>>>> Chris G
>>>>>> ----- Original Message -----
>>>>>> From: "Bill Effros" <bill at effros.com>
>>>>>> To: "The Rhodes 22 mail list"
>>>>>>     
>>>>>> 
>>>>>>          
>>>>>> 
>>>>> <rhodes22-list at rhodes22.org>
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>> Sent: Sunday, December 18, 2005 1:53 PM
>>>>>> Subject: Re: [Rhodes22-list] Florida Syndicate
>>>>>> 
>>>>>> 
>>>>>> 
>>>>>> 
>>>>>>     
>>>>>> 
>>>>>>          
>>>>>> 
>>>>>>> Thanks, Chris,
>>>>>>> 
>>>>>>> You're in.  You've got to get it back to Miami.
>>>>>>>       
>>>>>>> 
>>>>>>>            
>>>>>>> 
>>>>> How long would such a
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>> trip take?  What's the insurance deal?  The Conch
>>>>>>>       
>>>>>>> 
>>>>>>>            
>>>>>>> 
>>>>> Cruisers Bill
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>> mentioned seem to be a group of MacGregor owners
>>>>>>>       
>>>>>>> 
>>>>>>>            
>>>>>>> 
>>>>> taking long cruises
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>> together.  If you set something up for the Summer
>>>>>>>       
>>>>>>> 
>>>>>>>            
>>>>>>> 
>>>>> of 07 you might get a
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>> group of people interested in taking their own
>>>>>>>       
>>>>>>> 
>>>>>>>            
>>>>>>> 
>>>>> boats with you on a
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>> cruise they would never take by themselves.
>>>>>>> 
>>>>>>> Bill Effros
>>>>>>> 
>>>>>>> 
>>>>>>> 
>>>>>>> Chris Geankoplis wrote:
>>>>>>> 
>>>>>>>  
>>>>>>> 
>>>>>>>       
>>>>>>> 
>>>>>>>            
>>>>>>> 
>>>>>>>> Hey yoos guys,
>>>>>>>>                     Did somebody say
>>>>>>>>         
>>>>>>>> 
>>>>>>>>           
>>>>>>>> 
>>>>> Syndicate?  Back in Napoli we
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>    
>>>>>>>> 
>>>>>>>>         
>>>>>>>> 
>>>>>>>>           
>>>>>>>> 
>>>>>> had a
>>>>>> 
>>>>>> 
>>>>>>     
>>>>>> 
>>>>>>          
>>>>>> 
>>>>>>>> couple of syndicates 'till Guido went up da
>>>>>>>>         
>>>>>>>> 
>>>>>>>>           
>>>>>>>> 
>>>>> river.  So you can count me
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>    
>>>>>>>> 
>>>>>>>>         
>>>>>>>> 
>>>>>>>>           
>>>>>>>> 
>>>>>> in!
>>>>>> 
>>>>>> 
>>>>>>     
>>>>>> 
>>>>>>          
>>>>>> 
>>>>>>>> I will commit to the rental time even if I can't
>>>>>>>>         
>>>>>>>> 
>>>>>>>>           
>>>>>>>> 
>>>>> use it till next summer.
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>> It would be my intention to sail the boat over to
>>>>>>>>         
>>>>>>>> 
>>>>>>>>           
>>>>>>>> 
>>>>> the Bahamas for a
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>    
>>>>>>>> 
>>>>>>>>         
>>>>>>>> 
>>>>>>>>           
>>>>>>>> 
>>>>>> couple
>>>>>> 
>>>>>> 
>>>>>>     
>>>>>> 
>>>>>>          
>>>>>> 
>>>>>>>> of weeks or so and I would certainly be willing
>>>>>>>>         
>>>>>>>> 
>>>>>>>>           
>>>>>>>> 
>>>>> to put some sweat equity
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>    
>>>>>>>> 
>>>>>>>>         
>>>>>>>> 
>>>>>>>>           
>>>>>>>> 
>>>>>> in
>>>>>> 
>>>>>> 
>>>>>>     
>>>>>> 
>>>>>>          
>>>>>> 
>>>>>>>> the boat to prepare it for the trip in the summer
>>>>>>>>         
>>>>>>>> 
>>>>>>>>           
>>>>>>>> 
>>>>> of 2007.  If anybody
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>> wanted to pick up the boat at the end of my
>>>>>>>>         
>>>>>>>> 
>>>>>>>>           
>>>>>>>> 
>>>>> "charter" in the Bahamas that
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>> might work out well also.
>>>>>>>> 
>>>>>>>> Chris G
>>>>>>>> ----- Original Message -----
>>>>>>>> From: "Bill Effros" <bill at effros.com>
>>>>>>>> To: "R22 List" <rhodes22-list at rhodes22.org>
>>>>>>>> Sent: Sunday, December 18, 2005 8:12 AM
>>>>>>>> Subject: [Rhodes22-list] Florida Syndicate
>>>>>>>> 
>>>>>>>> 
>>>>>>>> 
>>>>>>>> 
>>>>>>>>    
>>>>>>>> 
>>>>>>>>         
>>>>>>>> 
>>>>>>>>           
>>>>>>>> 
>>>>>>>>> Is there is, or is there ain't a real interest
>>>>>>>>>          
>>>>>>>>> 
>>>>>>>>>          
>>>>>>>>> 
>>>>> in putting together a
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>> Florida Syndicate for Brad's boat?
>>>>>>>>> 
>>>>>>>>> The idea is to fix up a boat so it's both
>>>>>>>>>          
>>>>>>>>> 
>>>>>>>>>          
>>>>>>>>> 
>>>>> sailable and saleable, and
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>> leave it in Miami for use by Syndicate members.
>>>>>>>>>          
>>>>>>>>> 
>>>>>>>>>          
>>>>>>>>> 
>>>>> The boat would rent out
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>> for roughly $250 a week--syndicate members get
>>>>>>>>>          
>>>>>>>>> 
>>>>>>>>>          
>>>>>>>>> 
>>>>> first choice on dates,
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>> others could rent on an as-available basis.
>>>>>>>>>          
>>>>>>>>> 
>>>>>>>>>          
>>>>>>>>> 
>>>>> People who want to see or
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>> try a Rhodes-22 could be directed to the
>>>>>>>>>          
>>>>>>>>> 
>>>>>>>>>          
>>>>>>>>> 
>>>>> Syndicate boat, and could rent
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>> it if available.
>>>>>>>>> 
>>>>>>>>> If not enough people continue to rent the boat
>>>>>>>>>          
>>>>>>>>> 
>>>>>>>>>          
>>>>>>>>> 
>>>>> over the years, and it
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>> doesn't cover its nut, or just becomes a pain,
>>>>>>>>>          
>>>>>>>>> 
>>>>>>>>>          
>>>>>>>>> 
>>>>> the Syndicate sells the
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>> boat and splits the profit.  Syndicate members
>>>>>>>>>          
>>>>>>>>> 
>>>>>>>>>          
>>>>>>>>> 
>>>>> have first shot at buying
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>> the boat.
>>>>>>>>> 
>>>>>>>>> Brad already has $1250 in this deal.  I said I
>>>>>>>>>          
>>>>>>>>> 
>>>>>>>>>          
>>>>>>>>> 
>>>>> was good for $500 worth
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>> of rental.  Is anyone else seriously interested?
>>>>>>>>> 
>>>>>>>>> You can become a syndicate member by committing
>>>>>>>>>          
>>>>>>>>> 
>>>>>>>>>          
>>>>>>>>> 
>>>>> to a minimum of 1 week
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>> of rental time, paid in advance..
>>>>>>>>> 
>>>>>>>>> Brad is slightly over committed.  He's in the
>>>>>>>>>          
>>>>>>>>> 
>>>>>>>>>          
>>>>>>>>> 
>>>>> air right now, trying to
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>> earn enough money to finance all the adventures
>>>>>>>>>          
>>>>>>>>> 
>>>>>>>>>          
>>>>>>>>> 
>>>>> he gets himself into.  I
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>> told him I would try to sort out the Syndicate
>>>>>>>>>          
>>>>>>>>> 
>>>>>>>>>          
>>>>>>>>> 
>>>>> deal for him before he
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>> returns from his current trip.  If too few
>>>>>>>>>          
>>>>>>>>> 
>>>>>>>>>          
>>>>>>>>> 
>>>>> people are interested, I
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>> suspect the boat will be parted out.  Brad wants
>>>>>>>>>          
>>>>>>>>> 
>>>>>>>>>          
>>>>>>>>> 
>>>>> the IMF.  The hull is
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>> probably worth more to Stan than to anyone else.
>>>>>>>>>          
>>>>>>>>> 
>>>>>>>>>          
>>>>>>>>> 
>>>>> Bud did legwork, he's
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>> entitled to first shot at remaining parts.  If
>>>>>>>>>          
>>>>>>>>> 
>>>>>>>>>          
>>>>>>>>> 
>>>>> anyone else has an
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>> interest in parts, please post the interest to
>>>>>>>>>          
>>>>>>>>> 
>>>>>>>>>          
>>>>>>>>> 
>>>>> the list, along with how
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>> much the parts are worth to you.
>>>>>>>>> 
>>>>>>>>> It's time to either fish or cut bait.  Please
>>>>>>>>>          
>>>>>>>>> 
>>>>>>>>>          
>>>>>>>>> 
>>>>> let us all know, on-list,
>>>>>   
>>>>> 
>>>>>        
>>>>> 
>>>>>>>>> where you stand so we can sort this out.
>>>>>>>>> 
>>>>>>>>> Here are Bud's boat Pictures:
>>>>>>>>>          
>>>>>>>>> 
>>>>>>>>>          
>>>>>>>>> 
>>>> === message truncated ===
>>>> 
>>>> 
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>>>> 
>>>> 
>>>> 
>>>>      
>>>> 
>>> __________________________________________________
>>> Use Rhodes22-list at rhodes22.org, Help? www.rhodes22.org/list
>>>    
>>> 
>> 
>> __________________________________________________
>> Use Rhodes22-list at rhodes22.org, Help? www.rhodes22.org/list
>> 
>>  
>> 
> __________________________________________________
> Use Rhodes22-list at rhodes22.org, Help? www.rhodes22.org/list



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