Is Buying an Airplane for Flight Training Worth It? // #64

Karl emailed us asking about purchasing an airplane to complete his flight training instead of paying the very high aircraft rental costs in California. Mike and Sean break the pros, cons, and costs of this method using real world examples. ATP Flight School Episode: https://youtu.be/QNCOPvfjXIU NEW!!! DON'T MISS THIS! Go to https://www.propilotplaybook.com and enter your email to get access to our list of "The Top 10 Flight School Ripoffs" and access to free lesson from our course. If you have a question you'd like us to answer, you can email us at: podcast@propilotplaybook.com Chapters: 00:00 Intro 01:55 ATP Flight School Episode 05:54 Karl's Question 09:14 Why would some one want to buy an airplane to train in 10:28 Before you buy a plane 11:54 How much would an airplane cost 14:32 Sean's plane 17:18 Possible pitfalls 18:04 Instructor costs 19:10 Engine overhaul 20:14 Aircraft purchase price 23:29 Why NOT to buy an airplane 26:49 Other ways to make owning an airplane cheaper 30:00 Flying clubs 31:15 Take action & start training