Make Sure Your Boat Is Fire Ready

-Via Susan Croft & Boat US

Boats burn every year and when they do, things get bad. Quickly. For boaters, acknowledging the possibility of a fire is an exercise in fear because there’s nothing more scary than to have open flames aboard and no place to go. We’d like to share two new videos from the BoatUS Foundation for Boating Safety and Clean Water that I encourage you to share with friends:

Four Fire Extinguisher Myths

At the BoatUS Foundation, this subject is always a “hot topic,” especially because some boaters mistakenly believe that fire extinguishers must be mounted. US Coast Guard Fire Extinguisher requirements include the following: Must be a marine-type, US Coast Guard-approved, in good, serviceable condition with sufficient charge, and you must have the required number of extinguishers aboard for your size and type of vessel. While mounting an extinguisher is not a USCG requirement, doing so is a smart idea because it keeps the extinguisher accessible where anyone can quickly grab it in the event of a fire.

Boat Fire Safety: Burning Boats Reel

Here’s to a safe and early start to the boating season!

10 Helpful Tips to Get the Right Boat Loan

How do you get the right boat loan for your new or previously owned dream boat? Here are 10 tips:

1. Check your credit: Before applying for a loan, ensure your credit report is accurate, and get your current credit score. The closer to 700 and higher, the better the rate you’ll get. A free copy of your credit report is available annually from each of the three national credit bureaus at www.annualcreditreport.com. To get your credit score, first try checking with your credit card issuer or bank you do business with. If it’s not provided, you will need to speak to a credit counselor, use a fee-based service or purchase it from the credit bureau. More at the Consumer Financial Protection Bureau.

2. Find the right loan type: A fixed-rate, fixed-term, simple-interest loan is the most common. This offers the same monthly payment for the life of the loan. Variable rate or hybrid options may offer a combination of a fixed rate for a few years then a variable rate. With interest rates forecasted to rise in 2017, the appeal of variable rate loans may increase. Don’t forget to ask if there are prepayment penalties for paying off the loan early.

3. Compare loan rates: Generally, rates are lower and available loan terms are longer for newer boats and larger loan amounts. However, each is dependent on a variety of factors including model year, loan amount and down payment. Be prepared for lenders to require larger down payments, have higher rates and offer shorter terms on older boats, especially those over 20 model years. There could also be a .25 percent rate difference between some consecutive model years, so be sure to talk with your lender and understand their rate and term structure.

4. Don’t be fooled by ads: You may see rates advertised as low as 3.99 percent, but there usually will be some small print that could make that loan less attractive. For instance, the rate might only be fixed for a few years or the loan period might be only seven years.

5. Get pre-approved: Ask if you can get preapproval, or if your lender allows you to start the underwriting process before you have a signed sales agreement. This may save some time.

6. Consider a HELOC: Thinking of using a home-equity line of credit (HELOC) to buy your boat? This might work if you have equity in your home and you plan to pay the boat off while interest rates remain relatively low. Unsecured loans (loans not secured by your boat) are also an option for well-qualified individuals.

7. Explore tax benefits: A boat can qualify as a second-home loan interest deduction if it has a berth, head and galley, so buying a boat just large enough to have these features could offer a tax advantage. There’s an overall limitation on the second-home deduction. You can only deduct two homes, and it can’t total more than $1 million in loans. If you count the HELOC, the threshold is $1.1 million.

8. Get it surveyed: So you’ve secured the loan and found the boat you’ve wanted. Hang on! While you might think the boat is perfect, hire a qualified marine surveyor to inspect the boat to ensure it is in good condition and you won’t have any unexpected repair bills. A list can be found at BoatUS.com/surveyors. Also, many lenders will require a marine survey.

9. Ask about closing costs: As with any loan, there are some fees involved – sales tax, processing fee, and title and registration fees are common. Check with your lender to find out what to expect.

10. Calculate your monthly payment: Wondering how much of a loan you can afford? Check the BoatUS online calculator at BoatUS.com/calculator to compute monthly payments. Your lender will also review your debt ratio and other criteria.

To learn about BoatUS Boat Loans, go to www.BoatUS.com/boatloans.  Regatta Pointe Marina resident yacht brokers are available to help you find the right boat.  Click here for more information on on-site yacht brokers or to get a preview of the boats on site.  

The RPM Yacht Brokers on site include:
Massey Yacht Sales
Whiteaker Yacht Sales
American Marine
All Captain’s Yacht Sales
Edgewater Yacht Sales 

Regatta Pointe Marina Customers Get Ready For The 2017 Riverwalk Regatta

Regatta Pointe Marina customers are in prime position to enjoy the 2017 Bradenton Area Riverwalk Regatta on Saturday, Feb 4! 

The excitement of super boats, stunt shows, concerts, family events, great food & much more will be right in front of the marina.  This is the third annual Riverwalk Regatta, and it’s going to be bigger than ever.  

This year, even more excitement will take place on the Palmetto side of the river.  Some great events just steps of our marina include multiple concerts, a kid’s fishing tournament, family fun zones and a Pogo stunt show.  Watch the commercial below for a sneak preview and visit www.bradentonarearegatta.com for all the details on this exciting event.

VIEW RIVERWALK REGATTA WEBSITE

  • Saturday, February 4, 2017
  • First event begins at 7:00 a.m.
  • Festivities ending at 10:00 p.m.

 

On Capitol Hill, Boating Hopes to Count in US GDP

Boat US News

WASHINGTON, DC, Dec., 2016 – Does the outdoor industry, which includes recreational activities such as boating and fishing, matter to the U.S. economy? With Senate passage of the Outdoor Recreation Jobs and Economic Impact Act of 2016 (Outdoor REC Act, H.R. 4665) on November 28, the answer is yes, according to BoatUS. The national boating advocacy, services and safety organization also says boaters may stand to gain from this bill and hopes for the president’s signature before the end of the year.

The bill instructs the Department of Commerce and federal land management agencies to provide statistics on the boating industry’s impact at their agencies. This information is used to tabulate U.S. gross domestic product (GDP) data. According to the American Recreation Coalition, outdoor recreation represents over six million jobs and $646 billion in economic activity annually.

“If recreational boating, as part of the outdoor industry, has its economic impact measured and highlighted, it could help support funding for improvements in recreational boating,” said BoatUS Government Affairs Manager David Kennedy. “The passage of the Act will also help policymakers at all levels of government understand the importance of the recreational boating and sport fishing industries”

2017 New Year’s Eve Party On The Waterfront

Ring in New Year’s 2017 on the waterfront at the annual Riverhouse Reef & Grill New Year’s Eve Bash!

All party goers will have the opportunity to enjoy our all-you-can-eat buffet with Riverhouse favorites and specialty dishes just for this occasion.  Also enjoy party favors, a live DJ, dancing, and a champagne toast & balloon drop at midnight. 

This year we’ve added special “Best Dressed” prizes.  So dress to nines, put on your dance shoes and bring in the new year on the waterfront!

Adults $79
Kids 6-12 $15
Kids 5 & Under FREE

Doors open at 7:30pm and the party concludes at 12:30am

CALL (941) 729-0616 TO MAKE RESERVATIONS

The Riverhouse Reef & Grill is the 2014 & 2016 winner of “Best Waterfront Restaurant” – voted by the readers of the Bradenton Herald. 

Never-Ending Summer Rental – Article From Houseboat Magazine

Read what happened when a Houseboat Magazine writer booked a stay on the Flotel “Never-Ending Summer” here at Regatta Pointe Marina!

Published online at www.houseboatmagazine.com: Sep 28, 2016 

BY AUSTA COOK

Never-ending Summer Rental – Via Houseboat Magazine

What started with a simple “yes!” from my sister-in-law to a marriage proposal resulted in a relaxing weekend for my own bride and me aboard a delightful rental houseboat in boat-friendly Bradenton, Fla.

When we learned that Maria’s little sis was to be married in an al fresco Pass-A-Grille, Fla., beach ceremony, we started looking for a place to stay nearby for the St. Petersburg-area nuptials. Involving a five-state, 15-hour, thousand-mile drive each way from our Ohio home to our favorite spring break destination state, we wanted to extend our stay and enjoy a mini break from work. 

To read the complete story, click here.

Red Tide Status – Manatee County Nov. 1, 2016

FWC reports on the current status of Karenia brevis blooms using tables, static maps, and interactive Google Earth maps. Archived status maps can be found in our Flickr gallery.

Report Courtesy of Florida Fish and Wildlife Conservation Commission

OCT 28, 2016 — A bloom of the Florida red tide organism, Karenia brevis, persists in Southwest Florida from northern Manatee County to central Lee County, with very low concentrations detected in southern Pinellas County and southern Collier County. 

Karenia brevis was observed in background to very low concentrations in two samples collected from Pinellas County; background to high concentrations in thirteen samples collected from Manatee County; very low to high concentrations in twenty-six samples collected from Sarasota County; low to medium concentrations in nine samples collected from Charlotte County; background to medium concentrations in nineteen samples collected from Lee County; and background to very low concentrations in four samples collected from Collier County.

Taking Care of Your Boat After a Storm

From BoatUS

With Hurricane Matthew finally headed out to sea, the storm has left behind some damaged recreational boats in its wake.  Fortunately we at Regatta Pointe Marina were not affected by this storm.  However, here are some great tips from BoatUS to keep in mind for starting the salvage process after any devastating storm:

1.  Remove Valuables. If your boat has washed ashore, remove as much equipment as possible and move it to a safe place to protect it from looters or vandals. It’s a good idea to put your contact information somewhere conspicuously on the boat – along with a “No Trespassing” sign. However, for your safety, never climb in or on boats that have piled up together or are dangling precariously from dock pilings or other obstructions. 

2.  Minimize Further Damage. Protect your boat from further water damage resulting from exposure to the weather. This could include covering with a tarp or boarding up broken windows or hatches. As soon as possible, start drying out the boat, either by taking advantage of sunny weather or using electric air handlers. All wet materials, such as cushions, must be removed and saved for a potential insurance claim. The storm may be gone, but the clock could be ticking on mold growth.

3.  “Pickle” Wet Machinery. Engines and other machinery that were submerged or have gotten wet should be “pickled” by flushing with fresh water and then filled with diesel fuel or kerosene. To learn how to pickle a boat motor, go to: www.BoatUS.com/hurricanes/pickle.asp.

4.  Consult Your Insurance Provider. If your boat is sunk or must be moved by a salvage company, BoatUS recommends that boat owners should not sign any salvage or wreck-removal contract without first getting approval from their insurance company. That’s because proceeding without your insurer’s knowledge may jeopardize your coverage.

Hurricane Refresher For Boat Owners

Regatta Pointe Marina is fortunate to be outside of the projected cone for Hurricane Matthew.  However, our many of our friends and family across the state are not so fortunate.

We count our blessings and pray for those in the path of the storm.  We also want to remind everyone that there are some great resources available to help you stay prepared for any future storms. Here are some useful links to keep you ahead of the next storm that comes our way:

For the 2016 Regatta Pointe Marina Hurricane Procedures CLICK HERE or use the link on the bottom right sidebar on Regatta Pointe Marina website homepage. 

For the Regatta Pointe Marina Hurricane Preparedness Tips CLICK HERE or use the link on the bottom right sidebar on the Regatta Pointe Marina website homepage.

For the BOATU.S. Tips For Preparing Boats In Hurricanes CLICK HERE

For the BOATU.S. Hurricane Tracking & Resource Center CLICK HERE

For the National Hurricane Center website CLICK HERE