part owner

"Dave Butler" wrote in message
news:1105477010.323279@sj-nntpcache-5...

When you go from 1 owner to 2, you cut your expenses by 50 percent.
When you go from 2 owners to 3, you only go from 50 percent to 33 percent,
a 17
percent improvement, but the amount of time you have to spend
communicating with
your partners doubles.

... and so on (3 to 4, etc).

I'm #5 in a 5-way partnership and have been relatively happy. Availability
(esp. from Nov-March) is fine and splitting expenses 5 ways is the only
reason I was able to hold on to my share after I quit my job to start a
business. 1/5th of a plane is better than none. Even in the summer I know I
could get it one weekend a month minimum which would be pretty tough as a
renter. But if you can afford 2 or 3-way then no question that's better.
More can work, though, especially if the plane is simple like our 172. Most
of the time stuff is either "broken" or "not" and there ain't much gray
area.

-cwk.