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. :cool:

Check out your PM

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.

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...

Buy an old apache for about $35000 - they are out there www.global-air.com

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.

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=

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

:ok: