muleywannabe
Pre-takeoff checklist
- Joined
- Dec 30, 2013
- Messages
- 331
- Location
- Independence, Kansas
- Display Name
Display name:
Cherokee235
I have two friends that are interested in buying a plane. As I have discussed in previous threads, we dont have any rentals around us and it makes it hard to fly. One guy is an A&P, the other should have his A&P by mid summer and is a CFI. They are both looking into a Piper 180 to purchase for both useful load and price of course. I would like to join in with them but have a couple of questions for you all here.
1. I am a 10.1 hour student in a Cessna 172N, will this be a drastic change for me to learn in a piper 180? Any quirky changes that will hinder my training?
2. What is the proper way of setting something like this up? do you involve an attorney and have paperwork drawn up? do you form an LLC to buy the plane etc?
3. Lastly, I feel this is a good way to build a ton of hours and learn when I can and when I want, assuming the other partners are in agreement of time usage, etc. Am I thinking wrong in this? By splitting the costs between 3-4 partners, having built in A&P's and a CFI does this make sense to partner up? as opposed to renting and paying another cfi?
1. I am a 10.1 hour student in a Cessna 172N, will this be a drastic change for me to learn in a piper 180? Any quirky changes that will hinder my training?
2. What is the proper way of setting something like this up? do you involve an attorney and have paperwork drawn up? do you form an LLC to buy the plane etc?
3. Lastly, I feel this is a good way to build a ton of hours and learn when I can and when I want, assuming the other partners are in agreement of time usage, etc. Am I thinking wrong in this? By splitting the costs between 3-4 partners, having built in A&P's and a CFI does this make sense to partner up? as opposed to renting and paying another cfi?