On May 30, 2:38 pm, "Mike Isaksen" wrote:
"Lou" wrote ...

I found a small grass strip by me that will let me build
a solid hanger but charge me $50 a month to rent the ground.

Devil in the details:
Who pays the property taxes on it?
It would be considered a temperory building, so low taxes

Who owns it if you move next year?
If you design it right, you should be able to tear it down and take
it.

Who owns it after it is fully paid off?
See above


Most of these "deals" involve you building it, the land owner takes claim
and pays taxes as part of airport improvement, you get a "good but seldom
great" long term lease.

And to the guy with access to a $500 per month hanger; they are $700-800
monthly for a T-hanger with concrete floor and a single 15amp circuit in the
Greater NYC area. That's a great paint job every year.

I'll be honest, if I had to pay $700 a year, I would consider an all
metal
airplane, keep it outside and sock the money away for a custom paint
job every few years. But thats just me.
Lou