3+ Ideas To Make Money With A Boat

Due to the recent pandemic crisis, many financial sectors have been suffering from a lack of funds. In a nutshell, many investors worldwide seem to feel less prone to invest in certain fields, probably, because they think they can’t afford to lose a cent of their money anymore. That’s an instinctive feeling that everyone can experience during hard times, just like the recent financial crisis coming along with the spread of a virus.

One of the smartest things you can do to keep always updated about the latest financial news is to check finance-dedicated sites like FINANCEMODE – this Japanese site is a precious source of news and last-minute updates on a variety of financial topics, market trends, innovative investment strategies, and more. Maybe your financial solution is just there waiting for you to be discovered.

Making Money With Boats Is Always Good

Despite what most people would think, making money even in hard times is always possible as long as you can detect the right market. Boats may turn out to be a great source of money. We are sure you are thinking that we are crazy, but we are here to show that what we say is possible and if you have a boat, you may become the next investor in this field.

Having a boat that stays unused for long periods isn’t good at all – we all agree about this point. Also, unused boats tend to deteriorate over time more quickly than boats that work every day or so. We want to suggest to you that using your boat regularly is good for it and your wallet, as well. First off, because you’ll have to spend less money on maintenance repairs. Secondly, because you will make money from using it. You have now two golden reasons to give your boat a more lively life than ever. But if you are curious to learn how you can make money from your boat, just take a pen and make a note of these points:

Peer-to-peer rentals
Here’s idea number one to help you make some money from your boat during the periods you don’t use it. Peer-to-peer rental is probably the easiest, most direct, and fastest way to achieve your goal and fill in your wallet with a few extra dollars. Make quick research in your area to find out companies that look for boats for their rental services (just to give you a clue, consider companies like Boatsetter, SamBoat, or RentABoat). These companies offer an online platform that helps you interact with people who want to rent a boat in your area. All you have to do is to open an account on one or more platforms, set the pricing (the platform will take a percentage of it to cover insurance costs). As soon as someone applies to rent your boat, you get an alert. You can decide whether to accept or refuse the client. If you accept, make an appointment with the renter to show him/her the boat and hand off the keys.
Charter fishing
If you own a USCG Captain’s license and a guide’s license, you may offer your boat as a charter fishing and take tourists to fish out. This kind of activity may lead some boatowner to live permanently on their boat and make money for a full-time living on the water. If you don’t mind giving your life a strong change, it may represent a great occasion for you to start a new life living and making a bundle all through your boat. The only negative aspect is that you won’t see a cent during bad weather days. So, make sure you do your math before quitting your current life.
Sight-seeing touring
This opportunity comes in handy if you already have a captain’s license (but you may always want to get one in the future). You may accompany tourists on a sightseeing tour on the water. This way to make money is particularly promising if you are based in a place with appreciable tourist traffic, for example, if you are in or near a hot vacation spot with several tourists per season. Also, if you live on a side of a large lake and there’s a tourist attraction on the other side, you may want to take people from where you are to the next side using your boat as a ferry boat.

We think that working with a boat may seriously become a good financial investment. You may start a waterborne business offering parasailing services, dinner cruises, scuba diving, water excursions, dolphin or whale watching tours.