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How to rent out my airplane



 
 
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Old August 24th 04, 02:29 PM
Dave Butler
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Curious about the "Terrible - Especially with two Doctors" comment. I
am conteplating a partnership in a '75 Mooney M20C with a Doctor.
Please elaborate. Thanks !!



A doctor as a partner couldn't be better. He has the disposable income
to pay his share of the expenses but doesn't have the free time to fly.
What more could you ask for ?


Well, you could ask for a partner with similar ideas about how to use and
maintain the aircraft. Most of the decisions you have to make with your partner
will be related to maintenance, most of the rest are related to upgrades. If one
partner has lots of cash and wants to pay overtime rates to have the plane fixed
-now-, and the other partner wants to wait and ferry the airplane to another
airport with lower labor rates at his convenience, there's going to be conflict.

All that has nothing to do with whether the partner is a doctor, of course, that
part is just ignorant doctor-bashing.


 




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