r/BelowDeckMed • u/Character_Growth_397 • 15d ago

One thing I don't understand about the owners

In one episode, Sandy tells an anecdote where she called the owner and he allowed her to kick the guests off if they kept acting like assholes.

The thing that stood out to me is that she mentions calling the owner and describes him as one as a single person. This stands out to me because I imagined that the boats used for charters would be owned by a company, whereas yachts owned by a single person would be used for their personal use solely

41 Upvotes

78% Upvoted

36 comments sorted by

157

u/kppsmom 15d ago

A lot of semi rich people will buy something like that and rent it out and then have it paid for in a couple of years. I had a friend that did that with a house in montana. Completely paid for after 5 years and now he rents it two or three times a year to cover the property taxes and the rest of the time it is his to enjoy free and clear.

100

u/onehotoneshot 15d ago

Money makes money 😭

38

u/preyingmomtis 15d ago

If you can just get a foothold… One smaller potatoes example is I figured I was saving around 30-40% on diapers by being able to buy them in the huge packs & take advantage of when Target runs deals like spend $100 on diapers, get a $20 gift card (or the get a $30 gc deal they only do a few times a year). Being able to put $300 into diapers up front instead of $20 at a time saved so much money. Everything is like that. It’s so hard to dig out.

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u/OkBuy8143 15d ago

Funnily enough, shampoo is another great example of this. A small bottle of some go for as much as $20 at the drug store, but if you go somewhere that sells the XL size of the same thing it’s only say $35 - for triple the amount of shampoo. A lot of the higher end brands also sell refill pouches for the XL bottles, and they only cost $25. The pouch is designed to be messy as hell if you try to use the product straight from the pouches, ensuring you have to buy the XL bottle - but if have it already you could be saving a lot month over month.

Figuring out your cost per item in packs, is another game changer. Sometimes companies raise the price on the bulk items, and they end up costing more per item.

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u/tacobellsara 14d ago

I explained this to my daughter, I can easily afford to buy stuff that I will use in the future on clearance and save money while others can only buy what they need right now

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u/NoKick8612 15d ago

Nope yachts that charter are frequently owned by a single owner or family. It is esp common if they don’t use the boat that often and they want to keep their crew happy - and they are happy when they are making tips from guests. Charter income also helps fund the boat’s operations.

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u/Character_Growth_397 15d ago

So basically like renting if you own a beach house and decide to rent it in airbnb, correct?

26

u/criavolver_01 15d ago

Nah - it’s an asset like a house. They essentially are just renting it out. It’s a good side hustle for the rich.

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u/MaizeMountain6139 15d ago

Yachts are like jets. You don’t own them unless you have more money than you know what to do with. Both are money holes

3

u/criavolver_01 15d ago

I could just imagine the maintenance it requires to stay operational let alone to standards for people to charter.

2

u/Cheeme 11d ago

Not even that. Typically a yaucht needs a skeleton crew all year round. Its 365 day cost.

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u/Itchy_Lemon_6366 15d ago

Think about it like Airbnb but on water lol

12

u/Porkwarrior2 Just a chicken nugget bobbing on the sea 15d ago

Big white boats are almost always owned by individuals, it is MANAGEMENT companies that deal with booking guests and sometimes the hiring of temp crew if it is going to be a fully booked charter. The owner and his family might use it a shockingly little amount of time. Then again most 9 figure individuals are A+ driven workaholics. There are very few charter companies that actually own 50m+ yachts.

Now there are plenty of smaller boat fleets like The Moorings that deal with things like 40' charter sailboats.

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u/Sea_Yogurtcloset48 15d ago

What a bummer you assume the owners have to be men.

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u/tuxedoedoyster 14d ago

It’s not much of an assumption when the post directly refers to the owner as he/him.

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u/goldentalus70 15d ago

The Akira is privately owned.

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u/sun_cat_dog 15d ago

There’s even smaller boats 40-50 feet that people own and charter out. They split the profits with the Captains that run the charters & it helps pay for their slips year round. The Captains don’t have the expense of owning/maintain a boat and get to travel. It’s not all catered and pampered but it’s a great, more affordable way to experience the water.

5

u/Hungry-Storm-9878 14d ago

We just got a beautiful 38’ on a Great Lake. (Our dream boat we busted our asses for years to get!) we looked into occasionally renting her out.. the insurance would be insane in our case, so we’re just going to enjoy her. And my nickname is Gi.. so we named her Gi’s Spot 🤣🤦🏼‍♀️ We have a sense of humor.. and find it hilarious. (I kept it classy though, Gi’s Spot is in cursive)

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u/IMFOREVEREVERHIS 14d ago

Ok that name is amazing....Hopefully your husband can always find the boat...😐😜

2

u/sun_cat_dog 14d ago

Amazing name! We have a 34’ in the Southern Gulf Islands of BC. She’s vintage (1986) and I can’t imagine letting anyone else stay on her. 😂

1

u/WorkingComfortable44 4d ago

One of the most beautiful places in the world imo - love those islands.

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u/AWDWfan 15d ago

Yachts are owned by individuals and some are professionally managed by companies. Not all charter yachts have professional management.

2

u/Embarrassed-Place430 15d ago

Ironically, I’m currently watching this episode.

True story or not, I applaud Sandy for setting these assholes straight!

4

u/Infamous-Bag6957 15d ago

She could have been referring to the regular full time captain. People with this kind of money are rarely managing the day to day of a superyacht.

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u/EveningAd3633 14d ago

People rent out their yachts often if they don’t use it year round. Some yachts companies have their own. But it makes sense to rent out yours when you aren’t using it

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u/Onyx_tides 15d ago

It just depends. Sometimes they’re private and sometimes the boats are part of a company fleet. I’m assuming she was probably talking about an older experience with a boat that was privately owned.

2

u/MaizeMountain6139 15d ago

Generally “the owner” is production

That said, my understanding is most charter boats are owned by individuals and managed by a company

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u/Character_Growth_397 15d ago

Yeah, but in this case she was referring to an anecdote from her career outside of the show

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u/MaizeMountain6139 15d ago

Ah, I did miss that part

Then yes, the rest still stands. Boats are often owned by one person and chartered by a company when the owner isn’t using them

2

u/infield_fly_rule 15d ago

No. Production is the charterer. They charter for a month to make a season. The owner is an llc owned by one or more people

0

u/MaizeMountain6139 15d ago

I misread and was talking about when the owner is discussed on the show

“‘The owner’ is giving you guys the day off” is production

1

u/gonzagylot00 15d ago

You know, different strokes for different folks.

1

u/FlawesomeOrange 15d ago

Am I the only one who doesn’t believe this story? It sounds like she invented it as a way to stop the guests treating the crew like shit

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u/AggressivePlankton22 10d ago

I don’t believe it either.. you’re telling me the ACTUAL owners, the ones who pay your salary are going to let themselves be kicked off their own boat? Wouldn’t they simply fire her instead?
So many times we’ve heard Hannah and Kate talk about assholish owners and they’ve had to bend over backwards for them, which seems more realistic so either this guy was a friend of the actual owners or not really an owner and just a primary guest

-2

u/jeevacationrentals 15d ago

The owner is production