Need advice about leaseback

Greetings fellow pilots. I have a situaton at hand and am weighing some
options and thought that I have received good advice here before so I
figured I would try again. Here is my dilema..I am currently enrolled in
school to receive my commercial and CFI (as well as multi and CFII) I
have a great opportunity to purchase an airplane. I have talked to the
school about getting involved in the leaseback program. They are
encouraging that, however the plane I am looking at is a 1980 Piper
Dakota 236B. This plane has 235 horsepower. What I am wondering is if
the plane would fly enough to offset some of the cost of purchasing it.
I understand that it cannot be used for GA training. but I was wondering
if there was a big enough market out there on a rental basis that the
plane would fly enough to recoupe some financial outlay.
I am interested in what ya'all might think. Thanks for your help and as
always.....Happy Flying



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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?

If that is the case.. I'd research another school or FBO.

Is this a noted "School", part 141?? or just an FBO with a flight school.
Has something been done to the aircraft that it is now "Experimental"..

BTW.. I know a Piper 235B (and other letter variants) also known as
Pathfinder", but I've not heard of a Piper 236 (not to say there is not
one).

BT

"Rich" wrote in message
...
Greetings fellow pilots. I have a situaton at hand and am weighing some
options and thought that I have received good advice here before so I
figured I would try again. Here is my dilema..I am currently enrolled in
school to receive my commercial and CFI (as well as multi and CFII) I
have a great opportunity to purchase an airplane. I have talked to the
school about getting involved in the leaseback program. They are
encouraging that, however the plane I am looking at is a 1980 Piper
Dakota 236B. This plane has 235 horsepower. What I am wondering is if
the plane would fly enough to offset some of the cost of purchasing it.
I understand that it cannot be used for GA training. but I was wondering
if there was a big enough market out there on a rental basis that the
plane would fly enough to recoupe some financial outlay.
I am interested in what ya'all might think. Thanks for your help and as
always.....Happy Flying



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I think he means "primary" GA training (read: for a private pilot license)


"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?

If that is the case.. I'd research another school or FBO.

Is this a noted "School", part 141?? or just an FBO with a flight school.
Has something been done to the aircraft that it is now "Experimental"..

BTW.. I know a Piper 235B (and other letter variants) also known as
Pathfinder", but I've not heard of a Piper 236 (not to say there is not
one).

BT

"Rich" wrote in message
...
Greetings fellow pilots. I have a situaton at hand and am weighing some
options and thought that I have received good advice here before so I
figured I would try again. Here is my dilema..I am currently enrolled in
school to receive my commercial and CFI (as well as multi and CFII) I
have a great opportunity to purchase an airplane. I have talked to the
school about getting involved in the leaseback program. They are
encouraging that, however the plane I am looking at is a 1980 Piper
Dakota 236B. This plane has 235 horsepower. What I am wondering is if
the plane would fly enough to offset some of the cost of purchasing it.
I understand that it cannot be used for GA training. but I was wondering
if there was a big enough market out there on a rental basis that the
plane would fly enough to recoupe some financial outlay.
I am interested in what ya'all might think. Thanks for your help and as
always.....Happy Flying



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"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?

If that is the case.. I'd research another school or FBO.

Is this a noted "School", part 141?? or just an FBO with a flight school.
Has something been done to the aircraft that it is now "Experimental"..

BTW.. I know a Piper 235B (and other letter variants) also known as
Pathfinder", but I've not heard of a Piper 236 (not to say there is not
one).

The 236 is the Dakota. Basically a late model 235 or Pathfinder. I
believe it incorporates the newer Cherokee wing and fuselage stretch,
much like an Archer II does vs. a Cherokee 180.

-Nathan

ah ha...

BT

"Nathan Young" wrote in message
om...
"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?

If that is the case.. I'd research another school or FBO.

Is this a noted "School", part 141?? or just an FBO with a flight
school.
Has something been done to the aircraft that it is now "Experimental"..

BTW.. I know a Piper 235B (and other letter variants) also known as
Pathfinder", but I've not heard of a Piper 236 (not to say there is not
one).

The 236 is the Dakota. Basically a late model 235 or Pathfinder. I
believe it incorporates the newer Cherokee wing and fuselage stretch,
much like an Archer II does vs. a Cherokee 180.

-Nathan

true... a 235/236 would be a bit much for PPL

BT

"Marco Leon" mleon(at)optonline.net wrote in message
...
I think he means "primary" GA training (read: for a private pilot license)


"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?

If that is the case.. I'd research another school or FBO.

Is this a noted "School", part 141?? or just an FBO with a flight
school.
Has something been done to the aircraft that it is now "Experimental"..

BTW.. I know a Piper 235B (and other letter variants) also known as
Pathfinder", but I've not heard of a Piper 236 (not to say there is not
one).

BT

"Rich" wrote in message
...
Greetings fellow pilots. I have a situaton at hand and am weighing
some
options and thought that I have received good advice here before so I
figured I would try again. Here is my dilema..I am currently enrolled
in
school to receive my commercial and CFI (as well as multi and CFII) I
have a great opportunity to purchase an airplane. I have talked to the
school about getting involved in the leaseback program. They are
encouraging that, however the plane I am looking at is a 1980 Piper
Dakota 236B. This plane has 235 horsepower. What I am wondering is if
the plane would fly enough to offset some of the cost of purchasing
it.
I understand that it cannot be used for GA training. but I was
wondering
if there was a big enough market out there on a rental basis that the
plane would fly enough to recoupe some financial outlay.
I am interested in what ya'all might think. Thanks for your help and
as
always.....Happy Flying



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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?

the best advice you'll get is don't.
--

Tony Roberts
PP-ASEL
VFR OTT
Night
Almost Instrument
Cessna 172H C-GICE

On 15 Dec 2003 23:22:12 GMT Rich wrote:

Greetings fellow pilots. I have a situaton at hand and am weighing some
options and thought that I have received good advice here before so I
figured I would try again. Here is my dilema..I am currently enrolled in
school to receive my commercial and CFI (as well as multi and CFII) I
have a great opportunity to purchase an airplane. I have talked to the
school about getting involved in the leaseback program. They are
encouraging that, however the plane I am looking at is a 1980 Piper
Dakota 236B. This plane has 235 horsepower. What I am wondering is if
the plane would fly enough to offset some of the cost of purchasing it.
I understand that it cannot be used for GA training. but I was wondering
if there was a big enough market out there on a rental basis that the
plane would fly enough to recoupe some financial outlay.
I am interested in what ya'all might think. Thanks for your help and as
always.....Happy Flying


Start a club, make this the first plane. Get a 172 as soon as you can to
attract new pilots (and new members). The plane can be flown a little
cheaper in a club then on lease-back with an FBO.

Where are you based?

R. Hubbell






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R. Hubbell wrote:

Start a club, make this the first plane. Get a 172 as soon as you can to
attract new pilots (and new members). The plane can be flown a little
cheaper in a club then on lease-back with an FBO.

Wouldn't this involve far higher insurance costs than private ownership or
even a partnership? How it would compare to something on lease-back, I've
no idea.

- Andrew