"Chris" wrote in message
...
Gang,
I am planning to buy into an existing partnership. Should I be less
vigilant during prebuy than when buing a plane by myself? - maybe no,
but I would like to listen to some arguments.
Thanks
Chris
There is more to look at than a pre buy, make sure they have an engine &
maintance fund in an escrow account in a real bank. I have seen some that
one person just hold the funds. I have seen it also ware they are at TBO and
they need an extra $10 to $15k for an overhaul so they vote and sell a share
or just want to split the overhaul with another person. Watch out for the
crooks! There's a sucker is Born Ever Day, Caveat Emptor.
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