Do you remember when Matthew Ryan built himself a tiny house for just $8K when he was 16 years old? Well, now he’s a few years older, rents out his tiny home, and just moved to California as a travel nurse. Recently he became the proud owner of a sailboat which he’s in the process of renovating.
Enjoy some pictures of the in-progress sailboat and follow Matt on social media to see more updates. We’ll be sure to post the finished product when he’s done.
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He Bought This Boat for $9K
I’ve always liked projects and building things. I was interested in the Tiny house movement years ago because I wanted something affordable and that I could call mine and could move into after I graduated high school. So at 16 I started building my tiny house and moved in it alone at 17.
I simply hated the thought of paying rent in a place that isn’t even my own. I wanted to set my life up for success, financial freedom, and figured it would be a great option. Through building my last tiny house I was able to live a financially free life and have something that I could call my own. Not to mention it’s still paying off to this day! I’m renting it out to someone in Florida (I just moved to California for travel nurse opportunities) and I use it for my boat fees in California now.
I cannot begin to express how much money I saved, the lessons building it taught me, and the connections I have made through a simple idea. I now live in California on a 36ft sailboat that I’m renovating at the moment. I came up with this idea because housing in California is ridiculously high, and again I just wanted something that was my own that I could make money from in the long run. Not to mention Slip fees at marinas are very low compared to housing prices and I LOVE sailboats. I bought this boat (that needs a TON of work) but eventually when I sell it… I will at least double my money.
I’m currently living in a 36ft sailboat that I’m remodeling. I bought it in Northern California and sailed it all the way down to San Diego.
I came up with this idea because housing in California is ridiculously high, and again I just wanted something that was my own that I could make money from in the long run. Not to mention Slip fees at marinas are very low compared to housing prices and I LOVE sailboats. I bought this boat (that needs a TON of work) but eventually when I sell it… I will at least double my money. Plus since I am a travel nurse, I can move locations as jobs open up. Anywhere from San Diego to Washington state!
I’m still currently remodeling it. I’m posting clips on my Instagram, Youtube, and TikTok. I built my tiny hose solo and I’m continuing that tradition on my sailboat! I paid $9000 total for the sailboat (its a fixer-upper.)
However, they do surveys on boats. These surveys are very detailed. They inspect every inch of boats and give you the expected price of the boat if it were fully updated. The expected sell price for the boat is $30,000.
I had to find a slip for my boat in San Diego. I now have a travel nurse contract in San Diego so I plan on keeping it here for a while.
The sail down was an incredibly difficult trip. 5 days at sea in pretty rough conditions. engine troubles, my sails broke, batteries died on me. B.O.A.T Bring out another thousand. LOL! Unless you’re handy!
Despite that, the slip fees are cheap, the community and benefits at the marina are so nice. They have a private gym, free coffee bar, laundry mat, and plus its just cool to say that I live in a boat! haha.
If you ever want to do this, I would say just do your research on marinas before buying a boat to live in. Some are tricky! Also if you plan on buying a boat MAKE SURE that a thorough inspection has been done on it. That will tell you if the boat will even be worth the time and effort.
- Catching Dinner & Baking Bread on Their 220 sq. ft. Sailboat Home
- Navy Serviceman And His Epic Boat Home
- Expedition Evans: From Van Life to Salvaging a Sailboat
Our big thanks to Matthew for sharing! 🙏
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