Go Back   TeamTalk > General MasterCraft Topics > General Discussion

Reply
 
Thread Tools Display Modes
  #21  
Old 08-27-2020, 01:27 AM
flyski flyski is offline
TT Regular
 
Join Date: Aug 2013
Boat: 1999 Maristar 210 VRS w/LTR - my first MC!
Location: Southeast
Posts: 61
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 ;-)
Reply With Quote
  #22  
Old 08-27-2020, 03:18 AM
Thrall's Avatar
Thrall Thrall is offline
MC Addict
 
Join Date: Jul 2004
Boat: '06 X2 MCX
Location: Black Diamond, WA
Posts: 5,161
No need for a tower to surf. Fill that sucker with some cheap ballast bags and surf it!
__________________
'06 X2 MCX

"I understand why some people may not want to do this the way I have recommended but I can't understand the death grip some people have on a toilet plunger with a hose fitting." -JimN
Reply With Quote
  #23  
Old 08-27-2020, 09:10 AM
uplandbird uplandbird is offline
MC Devotee
 
Join Date: Aug 2014
Boat: 2018 X23 6000GDI - Previous 2014 Gen2 X25 6.0L
Location: Kansas City
Posts: 1,301
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.
Reply With Quote
  #24  
Old 08-27-2020, 09:26 AM
bcd bcd is offline
MC Devotee
 
Join Date: Jul 2011
Boat: 2014 X-2
Location: Dubuque, IA
Posts: 2,056
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.

Sent from my SM-G930V using Tapatalk
Reply With Quote
  #25  
Old 08-27-2020, 09:47 AM
JasterCraft's Avatar
JasterCraft JasterCraft is offline
MC Devotee
 
Join Date: Oct 2011
Boat: 2015 X20 (my 9th MC)
Location: San Antonio, TX
Posts: 1,444
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. :-)
__________________
Troy
Reply With Quote
  #26  
Old 08-27-2020, 10:09 AM
toddvdh toddvdh is offline
TT Regular
 
Join Date: Sep 2015
Boat: 2004 maristar 210
Location: Wisconsin
Posts: 497
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.
Reply With Quote
  #27  
Old 08-27-2020, 10:44 AM
Tookeymonster's Avatar
Tookeymonster Tookeymonster is offline
MC Devotee
 
Join Date: Sep 2017
Boat: 2019 X22, '18 NXT22, '06 X30
Location: Rocky Mountains
Posts: 1,212
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.
Reply With Quote
  #28  
Old 08-28-2020, 02:24 PM
ksvista ksvista is offline
TT Newbie
 
Join Date: Aug 2020
Boat: 1998 22.5
Location: Midwest
Posts: 20
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!
Reply With Quote
  #29  
Old 08-28-2020, 02:51 PM
jtryon jtryon is offline
TT Enthusiast
 
Join Date: Nov 2013
Boat: 2007 Centurion Typhoon
Location: Connecticut
Posts: 391
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.
Reply With Quote
  #30  
Old 08-28-2020, 04:42 PM
T-Rex T-Rex is offline
TT Regular
 
Join Date: Jul 2016
Boat: 1991 Prostar 190
Location: Southeast
Posts: 99
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!
__________________
1991 Prostar 190
2018 SeaDoo RXP-X300
Lake James, NC
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 06:03 AM.


2020