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#21
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"PaulaJay1" wrote in message
... Good luck Carl. And sometimes buying within the state can save on taxes. This depends on the state! I bought mine out of state and didn't have to pay any sales/use/property tax when I took it to my home state(TX). When I moved to this state(MN), they wanted the taxes on it until I proved to them that I already owned it and wasn't buying it and bringing it into this state. When buying an aircraft in or out of state, check out the tax rules... |
#22
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"Jay Honeck" wrote:
a hangar queen that was owned by a multi-person partnership. That's a *really* bad sign. Hard to fit this fact into any scenario that includes "good airplane." -- Dan C172RG at BFM |
#23
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There's another problem he sounds like you're the first potential
buyer to contact the owner. The problem with this is, the owner (seller) hasn't yet figured out his precious baby ain't all that great. He wants top dollar--minus a few for repairs--from you, the buyer. If you were the 4th buyer to look at his plane, for instance, there would now be a record of 3 others looking and walking away from the owner's beautiful plane. About that time the owner starts to figure out he's asking too much and is willing to lower his price. But given that you're #1, he's got nothing to lose by trying to get the max--and if you try to tell him it's not worth that much, you're insulting him and his plane. I went through this exact scenario more than once when I was looking for an Ercoupe. Using the FAA database, I wrote owners in N. Calif. if they wanted to sell--thus I was often the first person to talk to these guys about selling. Most wanted too much for runout engines, hangar queens, etc. Finally found one in good shape at a reasonable price--I paid his asking price w/o negotiation, since by now I knew it was reasonable. |
#24
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"Carl Orton" writes:
So, we'll just see what turns up. Two other candidates have surfaced, both within 40 minutes of home base, so I have hope ;-) Carl--do like I did. Download the FAA database, load the huge text files into MS Access, then filter it for your desired aircraft type owned in zip codes within your desired search distance. Then output names and addresses into MS Word and generate letters automatically. Worked for me. Otherwise I would have been either looking at local junk that I heard about through word-of-mouth, or chasing off to Texas and New England looking at planes in T-A-P. I found the search kinda fun, really. A great way to meet some real "characters" and see different airplanes. I also learned how to graciously make excuses on the spot as to why I didn't have time to fly in their excellent airplane right then (the real reason I was scared s***less of plane and pilot). |
#25
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"Dan Luke" writes:
"Jay Honeck" wrote: a hangar queen that was owned by a multi-person partnership. That's a *really* bad sign. Hard to fit this fact into any scenario that includes "good airplane." I agree. Sounds like at least one of the partners stopped paying his share of maintenance--then the others didn't want to pay either--then maintenance stopped--then flying stopped. Not good. |
#26
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OK, Bob; sounds like an interesting way to go about it.
Where do I start to look for the FAA database? And it's downloadable? Hmmmm.... And then, you just wrote letters to those selected owners in desired zip codes? Like a cold call? Anyone get upset that you're mining data on them? ;-) Carl "Bob Fry" wrote in message ... "Carl Orton" writes: So, we'll just see what turns up. Two other candidates have surfaced, both within 40 minutes of home base, so I have hope ;-) Carl--do like I did. Download the FAA database, load the huge text files into MS Access, then filter it for your desired aircraft type owned in zip codes within your desired search distance. Then output names and addresses into MS Word and generate letters automatically. Worked for me. Otherwise I would have been either looking at local junk that I heard about through word-of-mouth, or chasing off to Texas and New England looking at planes in T-A-P. I found the search kinda fun, really. A great way to meet some real "characters" and see different airplanes. I also learned how to graciously make excuses on the spot as to why I didn't have time to fly in their excellent airplane right then (the real reason I was scared s***less of plane and pilot). |
#27
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Never mind; found it on the FAA site. Relatively easy to parse.
Thanks; "Bob Fry" wrote in message ... "Carl Orton" writes: So, we'll just see what turns up. Two other candidates have surfaced, both within 40 minutes of home base, so I have hope ;-) Carl--do like I did. Download the FAA database, load the huge text files into MS Access, then filter it for your desired aircraft type owned in zip codes within your desired search distance. Then output names and addresses into MS Word and generate letters automatically. Worked for me. Otherwise I would have been either looking at local junk that I heard about through word-of-mouth, or chasing off to Texas and New England looking at planes in T-A-P. I found the search kinda fun, really. A great way to meet some real "characters" and see different airplanes. I also learned how to graciously make excuses on the spot as to why I didn't have time to fly in their excellent airplane right then (the real reason I was scared s***less of plane and pilot). |
#28
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It doesn't appear that the FAA allows the download of their database any
more. Is there another place to get the DB from? Thanks Dave Bob Fry wrote: "Carl Orton" writes: So, we'll just see what turns up. Two other candidates have surfaced, both within 40 minutes of home base, so I have hope ;-) Carl--do like I did. Download the FAA database, load the huge text files into MS Access, then filter it for your desired aircraft type owned in zip codes within your desired search distance. Then output names and addresses into MS Word and generate letters automatically. Worked for me. Otherwise I would have been either looking at local junk that I heard about through word-of-mouth, or chasing off to Texas and New England looking at planes in T-A-P. I found the search kinda fun, really. A great way to meet some real "characters" and see different airplanes. I also learned how to graciously make excuses on the spot as to why I didn't have time to fly in their excellent airplane right then (the real reason I was scared s***less of plane and pilot). |
#29
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dave writes:
It doesn't appear that the FAA allows the download of their database any more. Is there another place to get the DB from? http://registry.faa.gov/ardata.asp |
#30
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"Carl Orton" writes:
And then, you just wrote letters to those selected owners in desired zip codes? Like a cold call? Anyone get upset that you're mining data on them? ;-) Nobody seemed to mind. I worded it so it was clear I was a private party looking for a personal aircraft, not a hired broker. I spent a lot of time to make it seem friendly and personal, not mass-produced. For instance, I formatted the names and addresses in the FAA DB so the case wasn't ALL CAPS but rather All Caps. For Coupes, this ended up being about 100 letters in N. California. From that, I got 15-20 replies I think. The guy who eventually sold me his plane said my letter did the trick for him...he wasn't planning on selling it until 6 months later but my letter showed up and he thought his plane would have a good home with me (it does!). Even though I also said I didn't want any projects, I still got calls from desperate owners trying to unload junk. Careful questioning over the phone eliminated maybe half of those, nevertheless, I still ended up looking at some "amazing" airplanes. I didn't mind too much. All part of the fun. Looking back, it was a great experience, something I'd never done before at all. I almost wouldn't mind doing it again...hey...there's an idea for an alternate to the $100 hamburger. Pretend you want to buy an airplane and go chasing off to nearby airports looking...maybe not. |
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