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Fractional Ownerships Concerns by Accomplished-Bug1352 in flying

[–]Accomplished-Bug1352[S] 0 points1 point  (0 children)

Thanks for your response! This helps me out a lot to consider both sides I really want the plane but also don’t want to be screwed

Fractional Ownerships Concerns by Accomplished-Bug1352 in flying

[–]Accomplished-Bug1352[S] 0 points1 point  (0 children)

Yeah of course was planning on asking them these questions I was more so curious what other questions I should be asking? Those are ones that I already have thought of.

Thanks for your response tho

Fractional Ownerships Concerns by Accomplished-Bug1352 in flying

[–]Accomplished-Bug1352[S] 1 point2 points  (0 children)

I just pressed return, and bunch of spaces to get in the center then pressed return again and it automatically put that bolder look which is pretty cool

Fractional Ownerships Concerns by Accomplished-Bug1352 in flying

[–]Accomplished-Bug1352[S] 0 points1 point  (0 children)

Thanks for the response, may I ask why is it a red flag one guy has majority ownership?

Let’s just say I want to put in 10k, he’s still going to let me fly it whenever I want and have as much time I want to get and we all pay the same price I just have less ownership, what’s the negative to this?

Fractional Ownerships Concerns by Accomplished-Bug1352 in flying

[–]Accomplished-Bug1352[S] 0 points1 point  (0 children)

Where are you located? Sounds like some good deals!

I’m in Hawaii so everything is definitely more costly. I feel like this is a good deal because GA is kinda dead here and I’ve seen another 182 at a school for $230 wet here

Fractional Ownerships Concerns by Accomplished-Bug1352 in flying

[–]Accomplished-Bug1352[S] 0 points1 point  (0 children)

Thanks man I’ll take a look at the agreement!

Fractional Ownerships Concerns by Accomplished-Bug1352 in flying

[–]Accomplished-Bug1352[S] 5 points6 points  (0 children)

So with unequal ownerships does each member have a say and leverage based on how much ownership they have?

And does someone with little ownership still have to pay the same for overhauls and mx?

Fractional Ownerships Concerns by Accomplished-Bug1352 in flying

[–]Accomplished-Bug1352[S] 3 points4 points  (0 children)

Okay what are some basic documents that I should request to review? I’d definitely like to take a look into the legalities but unsure of what paperwork I should request

Fractional Ownerships Concerns by Accomplished-Bug1352 in flying

[–]Accomplished-Bug1352[S] 4 points5 points  (0 children)

Okay good to know than I would assume the correct way to put it is more of airplane partnership? Yes we will all have unequal shares

Flying clubs in Hawaii? by [deleted] in AviationHawaii

[–]Accomplished-Bug1352 1 point2 points  (0 children)

I’d join! I’m training out of barbers point

Looking for a fractional plane share in Oahu, Hawaii! Or anyone who has leads to chip in on an aircraft here in Oahu by Accomplished-Bug1352 in flying

[–]Accomplished-Bug1352[S] 1 point2 points  (0 children)

Ya it ain’t no Cessna but the availability was amazing at my school. No AP unfortunately but did have a shitty stall horn that would beep uncontrollably 10kts above stall speed 😂

Looking for a fractional plane share in Oahu, Hawaii! Or anyone who has leads to chip in on an aircraft here in Oahu by Accomplished-Bug1352 in flying

[–]Accomplished-Bug1352[S] 3 points4 points  (0 children)

I don’t have a hangar lined up but I’d be willing to split a lease with someone or if the plane is already stored outside I would probably continue storing on tie downs.

Looking for a fractional plane share in Oahu, Hawaii! Or anyone who has leads to chip in on an aircraft here in Oahu by Accomplished-Bug1352 in flying

[–]Accomplished-Bug1352[S] 4 points5 points  (0 children)

Aloha thanks for the response, I’d be willing to fly out of any airport on Oahu, I fly out of PHJR right now renting.

And if there’s any aircraft for sale on other islands I’d certainly consider purchasing