But speak to any charter fishing captain and they’ll likely all tell you the same thing-that they absolutely love their job. You do need to remember that your income will be at the mercy of the weather, how well the fish bite, and mechanical break-downs, and truth be told many charter fishing captains have seasonal work or backup income of one form or another. In fact, this is one of the ways some folks make a full-time living on their boat. If you’re an exceptionally good angler and you have or are willing to get a USCG Captain’s license, as well as any guide’s licenses your state or locality may require, you can offer out your services on your boat and potentially make a bundle. Learn More About Peer-to-Peer Boat Sharing The average owner will book $15,400 over a two-year period, and our top owners make several hundred thousand dollars a year.” “Most owners come to us because it allows them to offset the cost of ownership and keep their boats in good working condition. “Boats need to be utilized in order to keep them in good working order,” notes Jackie Baumgarten, CEO and co-founder of Boatsetter. Then when the appointed date and time arrive, you meet the renters at the dock, show them the boat, hand off the keys, and watch your bank account balance go up.So you always maintain control of who takes out your pride and joy. When someone applies to rent your boat, you get to choose whether to accept or reject the rental.You set the pricing and then the service takes a cut to cover their expenses and insurance.Like other peer-to-peer services (like Airbnb, for example), those designed for boats like Boatsetter, GetMyBoat, SamBoat, or RentABoat, are platforms you interact with via an app or webpage, where you can sign up to rent your boat to a fellow mariner who’s boatless. In the Market for a New Boat? Explore Boat Brandsīoat sharing and peer-to-peer rental services are probably the fastest, easiest, most realistic way to bring in a few bucks with your boat asap. Here are the top five ways people make money with their boats: Just how realistic is it to try to make money with a boat? Although in many cases you can’t expect to make a full-time living with it, defraying the cost of the boat and then some is quite doable.
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