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Take on a Post project, how to?

Discussion in 'Post Yacht' started by aquachop, Jul 4, 2011.

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  1. aquachop

    aquachop New Member

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    Location:
    Charleston, SC
    I have had my eye on a mid 1980s 46 post, the boat was submerged in fresh/brackish water, needs a little glass work, needs the engines redone etc.


    where should I look to find the parts I need to do this project at reasonable prices and where I can find the assistance I need with that to buy?

    I have many connections with great electricians, I am able to rebuild motors, I have people great with wood work to assist...


    I found a good deal on inframe rebuild kits here
    http://www.agkits.com/detroit-diesel-6-71-engine-inframe-rebuild-kit.aspx

    looked at

    http://www.go2marine.com/product.do?no=99169F 1100 stove oven

    and also some other sites at interior parts and pieces.

    I am trying to decide if i should pick up the project boat... I see it this way,


    10000 in engines and generators to rebuild myself with the 2200 in parts on the engines, I dont know if the generator is bad, but it went under so...



    4000 electronics, Furuno gps plotter 50mi radar depth sounder and compass

    What else do i need?
    Kitchen appliances 4000
    http://www.go2marine.com/product.do?no=99169F 1100 stove oven

    2500 in washer and dryer combo top of line

    1000 bottom paint

    1500 fiber glass repair

    2500 paint like new and name I can paint also....

    Furniture (sofa, tabe, booth, grill) 5000

    Bathrooms 3000 deck out, new heads and such

    Interior wood work 6000 (teak is expensive)

    Carpet 1000

    reverse osmosas watermaker 2000 (might be able to buy a pump and build cheaper?)

    heat and a/c dont really understand that part yet.



    Please let me know where I might find good people to work with on this subject and websites I can price parts on, its a ton harder to find than I would think... I like the sectionals at glastop.com have not found a booth like the ones common in 90s posts in the right corner of the salon...


    thanks

    keep in mind the boat was submerged but it is still complete, the appliances and all are scrap, also the electronics... but I think the wiring might be ok? it never had furniture to begin with, it was only under for 1-2 days
  2. NYCAP123

    NYCAP123 Senior Member

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  3. aquachop

    aquachop New Member

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    the boat is 16000, then i will have 10k shipping it home and back to where i want it after i build it...

    ill be in it for 26k, if my estimates are correct ill have around 75-80 into it done,

    are my estimates in the legit ball park?

    where is the best place to look for pieces, (electronics, appliances, engine parts?) any places better than i found? any reason the full size refrigerator, microwave, washer and dryer cant come from say bestbuy, same as a house?


    thanks
  4. K1W1

    K1W1 Senior Member

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    Hi,

    Submerged Wiring always tends to deteriorate quite quickly, as you are doing or contemplating doing a major rebuild not replacing the wiring is a miniscule cost saving that will no doubt comeback later to bite you on the ass when you least expect it.
  5. NYCAP123

    NYCAP123 Senior Member

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    As K1W1 points out, what's behind the walls, and have you considered the walls themselves. Then there's the cost of moving the boat to a place you can do the work and the cost of having it there for a year or 3. It sounds to me like you are talking about an end # very close to buying a non-sunk boat, and that doesn't include your own labor. Projects like this are seldom cost efficient. More often than not you're talking about a labor of love with these things, not one that makes any financial sense. But, like the Roamers and a few other classics, it can be worth it on a personal level. Were I to get involved in a project like this, I would do my best estimate and then double it. Then, if it's still worth it to you on a personal level, go for it. Take a look at the site from the Feadship being resurected: http://www.yachtforums.com/forums/feadship-yacht/8490-53-feadship.html?highlight=Feadship and a few of the Roamer rebuild projects. They'll give you a good idea of what you're heading into.
  6. bigg1069

    bigg1069 New Member

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    clinton ct
    I have a similar project goimg on as we speak with a 1990 46 post i've found a lot of materials and info email me with your needs maybe we could be of help to each other my email is big-g at comcast dot net. good luck George
  7. aquachop

    aquachop New Member

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    what am i forgetting? the wood and fiberglass all seems to be in good shape,

    what kind of cost is involved in re-wiring 671 ti engines, gen set, electronics, and everything else? i am not good with wiring, but if there is a hole harness, i could handle that.

    what am i missing above that would lead to a large cost?

    i realize i could buy a 70k boat that runs and be done, but i like to know what i have... if i build it, i know it has x amt of hours, if i install the electronic, i know they are new and work, if i design the salon, i know what i will have....same with appliances and wood work...

    i know its my work and thats what i have, i like that aspect and it will be exactly what i wanted from a 46 post, but....
    i cant afford to take on the project if it will run 150k to do, i could but a nice boat for that. but i think i can do it for under 90k, any reason with the estimates above that this budget cant be done? i dont mind the labor of love... i have been doing it for years.

    thanks for the replies so far.
  8. Beau

    Beau Senior Member

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    QUOTE]what am i forgetting?[/QUOTE]

    I think you said the boat was on the bottom for two days, how's the running gear. Don't overlook transmission rebuilds and the coil side of the generator. Also the electrical distribution panel, sub panels and breakers will probably be shot if the batteries were installed. Some of your estimates look a little light to me, but maybe you have good sources.

    Good luck
  9. NYCAP123

    NYCAP123 Senior Member

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    That's why you do it.
    That could cost you big time if you have to hire outside help.
    I DK what year Post you're talking about, but based on the '87 cited that leaves you a margin of maybe 29K (although that one was listed as sold I DK what the final sale price was. He could have sold it for 70K in this market. There may well be a zero margin or negative equity, in which case at least all of your labor is free, and you're talking a lot of hours.
    That could be a long list. How are the engine beds and mounts? Stringers, bulkhead tabs, plumbing, rudders, exhausts, fire suppression systems, wall panels, hardware, transom corners, anchor windless, spotlight, mattresses, cabin soles, teak, moisture content, delamination or blistering....?
    Most restorations are done by guys with a lot of skill, own yards or with open checkbooks (which often end up drained). Again though, this is all speculation as we DK how much of the boat was submerged, how extensive the damage is nor even the year. Once again, if you look over the threads cited earlier you'll see a few of the surprises they encountered.
    BIGG1069 sounds like someone who can give you some good info.
  10. Capt J

    Capt J Senior Member

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    Not even close. These types of things always turn into much much more expense when you get into it. You're better off buying a nice running one for $100k
  11. Capt Bill11

    Capt Bill11 Senior Member

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    You head examined perhaps? :)

    I would pay at the most $10,000 for that boat. Really they should just give it to you to cover you taking it off their hands before it sits around and rots or they have to pay disposal and/or storage fees.

    It will need an almost complete rewire along with both engines and genset rebuilds as you've noted. And everything else people have noted will have to be looked at, repaired or replaced.

    A lot of stuff can be bought at Best Buy and the like. And look on Ebay for stuff. But in the end it will cost more than you think it will now. Perhaps a lot more.

    You also need to consider future costs of things you don't find now that end up needing to be repaired or replaced.
  12. tirekicker11

    tirekicker11 Senior Member

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    +1
    There's no need to pay more than what the local recycling shop would give. How's this boat going to find a new owner anyway?
  13. SHAZAM

    SHAZAM Senior Member

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    Run away from this boat. If your budget is tight, you're better off buying a repo and fixing it rather than a sinker. The post market is soft, you should be able to find a tlc boat that wasn't a sinker for not much more than this one.
  14. aquachop

    aquachop New Member

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    what might a recycling shop pay for a 46 post, i was thinking about offering 12k, but im not sure i would pay that, it could be a night mare... the boat is said to be solid, wood work included, (planning on sanding and refinishing the teak, and it is only in the galley, and on the steps... i planned on putting teak in the heads also....

    i may make an offer and if he declines, someone else can have the project... anyone know a good shipping company on the east coast? i can haul the tower with my truck and have a big truck bring the boat up if he accepts my offer...i have access to a large portable crane and plan on putting the boat behind my building to fix...

    im not scared off really, I would not buy the boat if the stringers or under the engines had issues or if the bulk head tabs had rot in the surface where the bolts go into...

    if someone has a bad ass 46 post they want to sell me for under 70k or trade for some hotrods let me know... until then ill keep my mind on building this badboy... if any one has any positives please let me know..

    how complex would the wiring be in one of these? i can handle a harley or racecar wiring... i wired my 68 fuel injected camaro like a harley... i have wired up a supra wakeboardboat, but i beleive twin diesels and electronics, also 120 and other variables would force me to hire and electrician

    Beau-I think you said the boat was on the bottom for two days, how's the running gear. Don't overlook transmission rebuilds and the coil side of the generator. Also the electrical distribution panel, sub panels and breakers will probably be shot if the batteries were installed. Some of your estimates look a little light to me, but maybe you have good sources.

    the boat sank while dry docked at the marina in a flood, the tower and all did not go under, it was sandwiched between 2 other smaller boats and took on water. it was stored with no power in prep for a hurricane, so i think some issues could be more simple to deal with...
    what kind of cash would go into the trans rebuilds, distribution pannel, sub pannels and all the $15 breakers....?

    thanks again for the imputs
  15. aquachop

    aquachop New Member

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    if you see one please let me know... id love to find one and have been watching craigslist and yachtworld for 6 or so months.

    that does sound like a novel idea,
    this one didnt sound to bad given the circumstances where it sank an a dry boat yard...but one that never got wet would be better


    thanks,
  16. Beau

    Beau Senior Member

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    The boat sank while it was on land? There has to be a story there, or am I misunderstanding you?
  17. aquachop

    aquachop New Member

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    when hurricane kitrina was headed into the gulf, the boat was driven up river, then taken out of the water and dry docked... the river flooded the parking lot causing all the boats to float off of their stands. another boat floated into the building, this one bumped into that one and turned sideways, a thrid pinned the other side of this one making a small chip in the fiberglass on the port side, then the boat tipped due to the river flow enough to take on water. It took on river water in the parkinglot... The marina cleaned it up and put it back on stands 2 days later. A guy bought it and shipped it to the east coast and never built it... so it is forsale and he is taking a loss at his
    16k. thats the story i got with it...it sounds like a decent one to build, but i could be wrong...
  18. chesapeake46

    chesapeake46 Senior Member

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    Hi,

    Do you know if anyone tried to pickle the motors?
    Was there any attempt to save any of the mechanicals?


    If you really gut the interior and open it up to the hull, I think a rewire would not be a horrible job.
    The Post boats were built pretty well and, from my own experience, it is not as easy as you think to take things apart.
    5200 really is the king of adhesives.

    I think the hulls are pretty strudy and if you complete the project, you'll have a pretty nice peice.
    I'd offer them $ 10. K or so. They can only say "NO".
  19. Bill106

    Bill106 Senior Member

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    Don't know the genset size but it can easily be 6-8K for a full rebuild and new electric end. Your electronics will cost more than that unless you're buying them used.
    Any wood veneer (which there is a lot of) will eventually delaminate so better plan on reveneering everything while your at it.
    All the HVAC equipment will be trash, plan on at least 15K to replace all of it.
    Do not try and use ANY of the existing wiring or panels either, they should all be torn out and replaced.

    Basically, the only way that project will be worthwhile is to strip back to a bare hull and start over, anything less and the headaches will be unbelieveable and resale impossible (if her history is disclosed). You're estimates are about 1/3 of what you will end up spending if you are lucky. A good friend just went through the same thing on a Davis and I'll be happy to PM you his number, he will tell you what you have heard already, RUN away as fast as you can!
  20. Capt Bill11

    Capt Bill11 Senior Member

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    "if someone has a bad ass 46 post they want to sell me for under 70k or trade for some hotrods let me know... until then ill keep my mind on building this badboy... "

    You sir, are doomed. And I mean that is the nicest possible way. :)

    You now seem to be saying that some one else bought this boat after it "sunk" and let it sit. How long has it been sitting? Was any work done to it? Or has it been sitting, unattended to as it were, all these years?

    When you buy this (for $70 - $80,000):

    http://www.**************/boats/1981/Post-Convertible-1542795/Coral-Gables/FL/United-States

    please feel free to send me a commission. :)