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Anyone for serious twin eng. time building US ?

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Anyone for serious twin eng. time building US ?

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Old 22nd Jul 2003, 01:56
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Angel Anyone for serious twin eng. time building US ?

Hi guys, I'm a 1200-hour CFII (FAA) and I'd be looking for a guy with whom I'd also get along great for some serious time building : 200 or 300 hours.
The whole thing would take place around mar or apr next year, leaving form California to all over the US. I haven't negociated anything yet, just testing the water.
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Old 22nd Jul 2003, 05:56
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Check out your PM
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Old 22nd Jul 2003, 06:52
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If you are doing that many hours, something to consider is buying a plane and then selling it on when you have finished. Get lucky and you might even make money.
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Old 23rd Jul 2003, 05:02
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I thought about it but don't think I'll have THAT much cash upfront... We're looking at over $50K for a decent twin, plus insurance...
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Old 9th Aug 2003, 18:01
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Buy an old apache for about $35000 - they are out there www.global-air.com
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Old 10th Aug 2003, 15:17
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Group shares

Not a bad idea. If you got 6 guys together it works out £3500 per share (although u'd have tech costs parking etc).

Keep it for a yr, fly day and night then sell it.
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Old 12th Aug 2003, 00:52
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From personal experience, I'd strongly advise against buying an aeroplane for hour building and then selling it.

A couple of years ago I bought a high-performance complex. Nothing particularly special, and I could expect it to appreciate in value. However, after only about 250 hours I'd spent another 40 grand on maintenance. Everything that could break, sooner or later broke. Eventually (I was already at the point of despair) the engine expired in a rather spectacular manner. That was another 20 grand.

Notwithstanding my own experiences, selling an aircraft right now is a nightmare as the market is so soft. Expect it to be on the market for a year. It's far quicker to sell a house right now.
Brokers that I've spoken to aren't interested in even listing an aeroplane right now unless you're prepared to price it way under blue book.

That all said though, I've done some amazing trips that wouldn't have possible with a rental. Check out my next 'big one':

http://gc.kls2.com/cgi-bin/gc?PATH=ksee-kpga-kden-koma-kmdw-cykz-cymx-cyqb-cywk-cyha-cyfb-bgsf-bgkk-birk-ekvg-egpc-%0D%0A&RANGE=&PATH-COLOR=red&PATH-UNITS=nm&SPEED-GROUND=145&SPEED-UNITS=kts&MARKER=1&RANGE-STYLE=best&RANGE-COLOR=navy&MAP-STYLE=
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Old 13th Aug 2003, 18:20
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Multi Hour building

Mr Magnum,

I have seen some good prices out there and would consider upto paying for 75 - 100 hours depending on negotiated deal plane etc.

If you get prices , ideas etc, PM at anytime to dicuss and i will pass phone number onwards

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