Any luck in partnership

[Jerry Cochran]

While building my own -6a I was in a partnership that worked really well 98% of the time. We scheduled on our own Yahoo "Group", and rarely had any conflict, sharing maintenance chores, etc. After mine was built I wanted to sell my 50% interest, and this presented a difficult problem.

First, I was limited to the local market, so instead of a few thousand potential buyers I was limited to the PDX area. Finally, partner and I decided to sell nationally. In short order it was sold to a nice guy from Memphis, TN, with much other interest, and sold for just a tad under what others were going for, so we were happy.

We had no formal agreement, just shared everything 50/50, filling tanks after each flight ourselves. If I do it again however, I would have a written agreement, just good business.

I am pretty sure that no matter who we partner with, no matter how compatible, there will be inevitable conflicts. In our case, equipment upgrades, VFR vs. IFR. Kinda like a marriage... :-)

HTH,
Jerry

[eddier]

"But I don't personally know anyone who wants to do this..."

I might know of one or two people who would be interested. Me being one of them - temp partner - while I'm building my RV8.

Where are you hangared?

Shoot me an email if/when you decide on that route.


- eddier

[brayski98]

I sent you a PM.