Any feedback on renting a plane from a private owner?
I fly a PA28-200R regularly from a flight school 1hr away. I can’t afford to purchase my own plane right now. I’d like something closer and faster. This is the best in my area.
I figured their has got to be some owners out there interested in sharing some of the cost. I spoke to a commercial pilot who owns a Bonanza he rarely flies. He said renting makes it “commercial” and that’s a whole can of worms.
I’m willing to pay the extra for naming on the insurance, and maybe even buying a 1-10% share to call me an “owner” for legalities. Anyone familiar with these technicalities and how I might convince a willing owner only worried about being street legal? I’ve heard of people doing it. How so?
Thanks for any help.