Another issue is that insurance will likely require renters to have time in
type and 90-day currency or some such. If yours is the only plane of its
kind on the line it's less likely a large number of renters will get and
maintain currency. If there's 3 or 4 of them then it's a lot easier. There
used to be a very nice 182RG at my field that the owner couldn't get rented
even after putting dual GNS 430s in it for just this reason, even though it
was one of the fastest singles you could rent within 50 miles of Boston (and
at a very reasonable price).
Of course they want to encourage you to join the program. You accept all of
the risk of owning an asset, but share part of the reward with them, though
they accept precisely zero risk in the process. Let's just say they're not a
disinterested bystander in this. Ask them, if they think this plane is such
a hot investment, why aren't they buying it? If the plane is good and
there's a market for it, buy it and find a few other guys to buy shares in
it and start a partnership. Stupid things are best done in groups.
Best,
-cwk.
"BTIZ" wrote in message
news:jssDb.18162$m83.13977@fed1read01...
I am curious why it cannot be used for GA training...
High Performance training and endorsements would be required to fly it.
Why
not get the training in it. Is the school telling you it cannot be used
for
training to force the "students" to use his aircraft and not yours?
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