Flipping for a Mastercraft

[JCM 1420]

I think the MasterCraft bug has bitten. The quality and finish far surpass the others that I’ve flipped (granted not the same market). The Maristar was babied from day one but the kids want to surf.

Truly on the fence here. I could put another $5k in and still be in the black. Will it surf?

What are we looking at $$ for a decent MC surfer (in a normal market)? Model Suggestions? Maristar Value?

Thanks again!

For 5k you can make that boat surf. I’d say 2 months ago that was a 25k boat. Now I would think closer to 20k maybe a hair under.

You can add sacs, a tower, and perfect pass and have a boat that will surf , ski, and wakeboard. I think it boils down to how serious of a surf wave do you need and how much do you want interior and tech upgrades. For a noticeable upgrade in either I would think you would need to go to an 06 or newer. I don’t see being able to flip this one into that without some $$ out of pocket.

FWIW I’ve got the same boat in a 99. I want the creature comforts of a newer one but can’t justify the huge jump in $$ to get into one.

[Mystic3D]

I think the MasterCraft bug has bitten. The quality and finish far surpass the others that I’ve flipped (granted not the same market). The Maristar was babied from day one but the kids want to surf.

Truly on the fence here. I could put another $5k in and still be in the black. Will it surf?

What are we looking at $$ for a decent MC surfer (in a normal market)? Model Suggestions? Maristar Value?

Thanks again!

You are where I was with my MariStar, pretty much perfect for everything BUT surfing. No amount of $$ would make it a great surf boat. GSA Surf Assist at $5k won't fit on a pre 2003/2004? Maristar. A surf boat is not a trivial thing to achieve $ wise. Hence 2019 Star replaced the Maristar.

[MasterCraft Ranger]

Flip this one and go buy the MariStar for sale in the classifieds where that owner already did all the adds you need to do to your MariStar.


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[MasterCraft Ranger]

Flip this one and go buy the MariStar for sale in the classifieds where that owner already did all the adds you need to do to your MariStar.


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2004 Maristar 230 VRS X-30

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[toddvdh]

That Maristar in the classifieds is probably out of your price range right now if you don’t want a loan.

Nice job on your previous flips. Of course keep flipping would be a good choice because you paid an decent price for the Maristar, just not sure how much more you could make on that boat.

It depends what you want out of the boat. The size of your family, how old the kids are, lots of stuff. Perfect pass is very handy. It’s about $1,200 and easy to install. Best addition you will make by far. You don’t need a tower to surf, it just helps keep the boards off the floor. I have about $500 in bags, throw over the side pumps, and a wake shaper I made, and myself and family can surf all day without the rope. But, we spend far more time tubing, zup boarding, double and slalom skiing, and wakeboarding.

My kids are 20, 10, 8, 5, 5. I keep wanting to add plumbed in ballast, new interior because a couple of the seats have seams splitting, upgrade to a newer boat maybe. But this one has been good to me. Does everything pretty good, and the kids and friends can bring whatever snacks they want (more or less ), and I don’t have to worry about boards poking holes as much either.

So will your boat surf, yes. Will it surf as good as a 2019 XStar, no.

Just my honest opinion.

[flyski]

You got a good price on the boat - I've been looking and there aren't many others that could be bought for that price in that kind of shape. As good as you are a flipping, I'd be tempted to keep flipping but not be in a big hurry to sell. Enjoy it a bit first ;-)

[Thrall]

No need for a tower to surf. Fill that sucker with some cheap ballast bags and surf it!

[uplandbird]

In this hot market you seem to have a skill to find promising boats at good prices. Its very difficult to predict the COVID impact on the economy looking forward but it certainly has been good for the boating/RV business. Most states and counties are bracing for budget reductions for 2021 in the Billions of dollars each. And we have an election in a few months. Based on your skills I might suggest you flip one more time if you think you could move it quickly at a profit.

[bcd]

It's pretty late in the season to upgrade the boat with tower etc and then try to flip. I'd buy a suckgate and some ballast bags with tsunami pump and start surfing it. You don't need a tower or perfect pass to surf. Put it up as is for a price you'd be happy letting it go with. Wait until spring to see if this market is still hot. Or go at it hard and upgrade it asap to try for a quick sell. With a boat that nice, I don't know if you'd get your money out of your upgrades, but it would definitely help sell it faster. Most people wanting a v drive want the tower also.

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[JasterCraft]

Nice work! I also work hard to flip my boats.

I started in 2011 with a 1989 ProStar for $5,700 and now have a 2015 X20. The X20 is my ninth MasterCraft. Though I haven't yet made it to the point of having a "free boat", I estimate that I've acquired about $25k of equity from flipping and rolling up to a nicer boat on the next purchase. Of my eight previous sales, one was a breakeven sale and one was a $3,500 loss..otherwise, all the others gave a minimum $1,000 increase and that's AFTER my time using it. For example, I've owned the X20 for about 14-15 months and if I sold it, I'd probably profit about $10k.

My goal is to never have zero boats and never have two boats. I've been mostly successful at that goal. :-)

[toddvdh]

I should clarify. Perfect pass is not necessary. I didn't have it for 2 summers on my boat. What it does add is that you get a good pull. I could hold speed easy enough. My wife on the other hand would watch were she was going and forget to look at the speedometer.

I think the $1200 for perfect pass would be a huge selling point if you try to flip the boat at some point in the future. I can have friends who have very little boat experience give me a good pull. On a test drive with future buyer who has never experienced cruise control, or who has used Scarab's complicated cruise contol, it would be a huge selling point how easy it is to drive someone at a certain speed.

If you are going to enjoy it for a while, (my suggestion) is that you should add perfect pass, 2- 750 lb sacks for the rear, 1-400 lb sack for the front walkway, 2 throw over the side pumps, and enjoy the boat.

[Tookeymonster]

I would keep flipping. From my experience you will want to trade up on the boats if you want to surf. In the end you may end up putting more money in this one than you can recoup.

[ksvista]

Thanks everyone!! So, I think the Maristar will be getting some upgrades from wakemakers and many others. Just can’t resist, despite some solid advice! Good winter project.
Budget:
Wakemakers $1,400
Monster Tower $2,800
Perfect Pass $1.200
New tunes if the budget allows.
If anyone has any leads on parts and pieces or suggestions. please let me know

Thanks again!

[jtryon]

my advice is that if you're doing this as a winter project anyway and want to keep costs down, try to find most stuff used or secondary market. for instance, i found brand new wakemakers bags for my centurion on the MB forum and the dimensions happened to fit my rear lockers perfectly. $200 total for two bags that were still in the original box and cost the seller $450 originally. added thru-hulls and a two 1600gph Rule pumps that are marketed as bilge pumps instead of ballast pumps and they fill the 1280lb bags in 6 minutes flat.

shop around for the individual components and you'll likely find deals if you're patient. i've seen lightly-used PP Stargazers go for $6-700, nice amps and speakers go for half of the original cost. it's generally easy to tell who takes care of their stuff and would be good to buy from versus someone just unloading old equipment.

good luck! that boat looks like it is in great shape and would be a nice rig once you're done with it.

[T-Rex]

Buddy of mine flipped fishing boats and motors until he eventually had a killer center console. He'd pull things out of kudzu and make 'em like new again. Wish I had his (and your) talents!