Originally Posted by
Rusty17
Problem is that I have no idea about costs for registration, hangering/tie down fees, insurance, etc. I'm guessing that could add up quickly, but still… if I could flip a 152 that I paid $20K for at even $15K after 150-200 hrs then I'd be coming out ahead provided there are no major mx problems along the way.
They say owning airplane is like owning a boat, there's two happy days.
The day you bought, and day you sold it. For the reasons listed. The add on nickel and dime costs that come with it.