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Old 08-26-2020, 06:35 PM
ksvista ksvista is offline
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Boat: 1998 22.5
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Flipping for a Mastercraft

One year ago, I began a quest to own a ski/surf boat for the family. The goal was not to take any funds from the family budget. So, I began purchasing used boats that needed minor repair/cleaning and flipping them for profit. One year (to the month) and four boats later. Iím am now the proud owner of this 1998 22.5 VRS. Looking for general advice, comments/thoughts? Can it be a good surf boat with sacs, pumps, and tower. I have a few $k left from the flips? Worth it or not? Keep Flipping Up?
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Old 08-26-2020, 06:44 PM
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moosehead moosehead is offline
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Congrats and nice work, she looks really well cared for all around. Gel and platform are glistening, skins look good, trailer is sharp.

Others more knowledgeable about your specific MC will chime in shortly. Welcome aboard.
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Old 08-26-2020, 06:49 PM
Mystic3D Mystic3D is offline
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Pretty Clean Boat. A very good Ski Boat, Surf you will have to put a good bit of money into it, Tower, Ballast, Perfect Pass, Prop.
My advise is in this HOT Boat market keep flipping and wait for the market to settle down so prices drop. It's better to let someone else actually buy the upgrades.
Speaking first hand you can put a Lot of time and money to get it where you want if you do it yourself.
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Old 08-26-2020, 06:50 PM
mikeg205 mikeg205 is offline
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Old 08-26-2020, 07:17 PM
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86Skier 86Skier is offline
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Above is probably right.... sell again while the market's in your favor, then I might consider holding for the soft season to buy what you really want... or heck, you must be good at it, maybe one more flip yet before it cools off.... hahaha.

Either way, enjoy the heck out of it in the meantime... thats a darn nice boat!

(And at some point, we gotta know some numbers.... if you want.... because, 4 boats in one year is a lot of work. And pretty darn sweet at the same time!)

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Old 08-26-2020, 07:19 PM
ksvista ksvista is offline
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Mystic3D - Wow. What was the final bill on the project? Not afraid of the work. I may be in ��. However, I was thinking monster MTK. Samson is pretty proud $$ of their towers.
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Old 08-26-2020, 07:32 PM
Mystic3D Mystic3D is offline
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Quote:
Originally Posted by ksvista View Post
Mystic3D - Wow. What was the final bill on the project? Not afraid of the work. I may be in ��. However, I was thinking monster MTK. Samson is pretty proud $$ of their towers.
Honestly too much.
Just parts:
Samson Bill was $7k, tower, speakers, custom Bimini , swing out racks, Mirror
JL Audio: MM100 Head Unit, remote, (2) JL HD Marine AMPís, Wire, 3 AGM Batteries $4.5k
Ballast: $3k

Thatís just the big stuff, but I think you get the point
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Old 08-26-2020, 07:32 PM
JCM 1420 JCM 1420 is offline
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That looks extremely clean.

If it were me I would post it up for sale at a price that makes sense to you, use it as is without dropping any more money in it and see if it sells.

Guess it really depends what you’re in it for and how much you can come out of pocket for an upgrade down the road. I’d at least try to sell this year and see what comes on the market during the winter.
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Old 08-26-2020, 07:51 PM
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JohnE JohnE is offline
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I'd flip the Maristar and keep going. Super clean boat. I'd look to get into an '06 or newer boat, if time and budget allow.
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Old 08-26-2020, 08:10 PM
ksvista ksvista is offline
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Boat: 1998 22.5
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Numbers

Ok. Here are some numbers and pics

1996 182 Crownline $350.00 Yes $350.00.
Repairs - reman cylinder heads, gaskets, and raw water pump
SOLD: $3,500.00

1998 FourWinns 200 Horizon $1,000.00.
Repairs- left bank head, raw water pump, out drive bellows, cut and buff and prop seal
SOLD: $8,500.00

2000 FourWinns 190 Horizon $1,000.00
Repairs- reman Vortec heads, raw water pump, outdrive bellows, cut and buff, new stereo, trim sender, gauges and reupholstered rear sun lounger.
SOLD $12,500.00

1998 Maristar 22.5 VRS $16,000.00 Fate TBD
May have overpaid but meticulously maintained 450hrs. Too pretty to pass up
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