Ways to make money with a plane...
08-23-2007, 03:08 AM
#11
intentionally left blank
Joined APC: Jul 2007
Position: Bus Co-Driver
Posts: 284
You might look into a leaseback agreement with a local flight school. You might not make a lot of money right off the bat, but it could help defray the costs of owning the plane - and if you wanted to do some aerial photography on the side, it's yours to use... My $ 0.02..
08-23-2007, 04:33 AM
#12
Flying Farmer
Joined APC: Jul 2006
Position: Turbo-props' and John Deere's
Posts: 3,160
You might look into a leaseback agreement with a local flight school. You might not make a lot of money right off the bat, but it could help defray the costs of owning the plane - and if you wanted to do some aerial photography on the side, it's yours to use... My $ 0.02..
Leasebacks can eat you alive as an owner. There are more horror stories than good ones as far as I know. I know personally 2 people that have done them and pulled their planes because the deal really didn't work in their interest at all, especially the financial, and the care-taking of their aircraft.
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