People who wish to have aviation as hobby, want to get into flying for cheap, these rust buckets or even new Cessna is never an option. The trick is to get in LSA option. You can get new plane which is as powerful as Cessna 150 or even 180 series without the headache of having to deal with stringent FAA rules and regulations.
If all the work in doing so is part of the fun, and they are VERY careful with safety, probably a good deal. It's hard to argue against a 95% discount!
Word to the wise: oftentimes these airplanes end up this way because people think they can afford to maintain them but cannot. If you plan to be an airplane owner, regardless of whether or not it's a project plane like this, you need to have strong liquidity and a viable path forward. Even the holding costs while restoring something like this, can totally make it a not-so-good deal
You provide good advice on this subject. I noticed the first item you mentioned about the 5 things potential students should consider. Number one was getting a medical. Other flight training sites focus on the thrill of flight, technical details of flying, the training process from student to licensed pilot, etc. These sites don't mention the medical or gloss over it. I was impressed you mentioned the medical first with particular focus which is vital. The challenge is no matter the student's desire, capability, flexibility or knowledge, unless you pass the medical, you won't have any career or will face limited progression or no progression forward. It may be a serious medical condition the student was unaware of and substantial enough to even prevent further training or no training. In summary you provide realistic requirements, so expectations meet reality.
It doesn't have a year of manufacture. You really have to know what you are doing to buy this one. As rebuild rescue has shown, old metal planes are never free :) shared ownership of an LSA is the way to go. Can be dirt cheap and relatively solid. Especially with a parachute. Get a hangar. Without a hanger they get to look like this one. They age 10x faster outside. It's like throwing it away.
This plane is worth maybe $5k. Avionics, annual, corrosion, engine time all cost a lot of money. Just because you are mechanically inclined does not allow you to work on the plane, you have to be an A&P mechanic and current to work on the plane. As a manager of a flight school, I sold a Cherokee like this for $5k because it had over 12k hours and needed an engine overhaul because of the time since last. An engine overhaul on this plane is going to cost $35k or more.
Awesome. Im going to look at a Tomahawk this weekend. Im going to finish out my flight training in it then enjoy it for a while. A big part of my decision to look at it was one of your videos from back in the day about the Tomahawk.
You might get a “deal” on the purchase price, but you’ll likely pay through nose on restoration. Hidden corrosion is just as likely to “break the bank” as the engine. If one or both wing spars have it, that’s $15K minimum per wing. Corrosion is easily missed on a basic pre-buy. The engine might be eating its cam and that takes tine to see and develop. Buying a jalopy plane is risky.
Doing a fixer upper airplane only works if you are the A&P IA with the facilities to work on it. Otherwise find a good plane that needs very little, and is a desirable aircraft that will hold its value and is easily insured. For the best price possible and that's the best price not the cheapest.
Thank you for the video. Can you tell me what happened with the pilot school business? Did you completely exit from it? I miss the live videos about what you're currently working on.
What a fun plane. I took my flying lessons in one of these... here in Brazil, they were produced by Embraer under license from Piper. here it is called Tupi... it is fascinating to fly on it...❤❤❤❤❤❤
This is an idea I've kicked the tires on (pun intended). The piece I don't have in place is a good A&P to partner with. Thanks for the video, it motivates me to look into doing this more!
I’ve got my eyes on a Piper at my local park. I’ve looked up the tail number but not quite sure how to go about the next step. Advice appreciated. In Metro Atlanta fwiw.
@@emmerspaulo387 I was just a little disappointed. There was no actual discussion with the owner (about price or otherwise). So how could it be the cheapest airplane in America? IMO a more appropriate title would have been "how to find cheap airplanes" or "the cheapest hypothetical airplane in America"😉... But that just doesn't get the ole clicks going like "I found the cheapest airplane in America". Like I said, I'm not mad, just a little salty 😂... But a click is a click and a comment is a comment, evidenced by us being here.😭
nu 1 dont fly a budget aircraft. i recall well ,my brother wanted to fly ,i didnt want it. his female instructor slipped in the tub and died. and before that a family that ate at our restaurant ,went to a wedding that ended being there funeral
I am an A&P if you need a partner. You put up the cash, I do the labor, we both share the profits. Like Mike said “….make sure [Y]ou have the resources to bring it back to life…”
Let me give you some advise. The reason these POS are sitting around airports is because they aren’t worth fixing even if the owner gave you the plane. You’d still lose if it was free. It would cost more than it was worth if it was free. No thanks. Some people just don’t have the money to be in aviation. Period. And they shouldn’t be. It’s an expensive hobby and not very forgiving of poor resources. IMHO.
People who wish to have aviation as hobby, want to get into flying for cheap, these rust buckets or even new Cessna is never an option.
The trick is to get in LSA option. You can get new plane which is as powerful as Cessna 150 or even 180 series without the headache of having to deal with stringent FAA rules and regulations.
I am really liking the LSA option myself. Can’t wait until the FAA rules on the MOSAIC proposals.
Please tell me that you closed the top latch! If not that door isn't sealed and the next time it rains, water is getting inside the cabin.
Not to mention why are you going into random planes on an airfield.
on the bright side, the piper will be even more of a bargain soon.
@@flysport_tedder 💡
Mike, it may be inexpensive to buy, but when you consider the cost of making it air worthy, it might not be such a great deal.
If all the work in doing so is part of the fun, and they are VERY careful with safety, probably a good deal. It's hard to argue against a 95% discount!
Word to the wise: oftentimes these airplanes end up this way because people think they can afford to maintain them but cannot. If you plan to be an airplane owner, regardless of whether or not it's a project plane like this, you need to have strong liquidity and a viable path forward. Even the holding costs while restoring something like this, can totally make it a not-so-good deal
You provide good advice on this subject. I noticed the first item you mentioned about the 5 things potential students should consider. Number one was getting a medical. Other flight training sites focus on the thrill of flight, technical details of flying, the training process from student to licensed pilot, etc. These sites don't mention the medical or gloss over it. I was impressed you mentioned the medical first with particular focus which is vital. The challenge is no matter the student's desire, capability, flexibility or knowledge, unless you pass the medical, you won't have any career or will face limited progression or no progression forward. It may be a serious medical condition the student was unaware of and substantial enough to even prevent further training or no training. In summary you provide realistic requirements, so expectations meet reality.
Or for those that just like to fly for fun, consider a LSA airplane….No medical needed.
It doesn't have a year of manufacture. You really have to know what you are doing to buy this one. As rebuild rescue has shown, old metal planes are never free :)
shared ownership of an LSA is the way to go. Can be dirt cheap and relatively solid. Especially with a parachute. Get a hangar. Without a hanger they get to look like this one. They age 10x faster outside. It's like throwing it away.
Shared LSA sounds like a good plan.
This plane is worth maybe $5k. Avionics, annual, corrosion, engine time all cost a lot of money. Just because you are mechanically inclined does not allow you to work on the plane, you have to be an A&P mechanic and current to work on the plane. As a manager of a flight school, I sold a Cherokee like this for $5k because it had over 12k hours and needed an engine overhaul because of the time since last. An engine overhaul on this plane is going to cost $35k or more.
Looks like Mike (MojoGrip) is going into the aircraft restoration business
Mike’s World!
Awesome. Im going to look at a Tomahawk this weekend. Im going to finish out my flight training in it then enjoy it for a while. A big part of my decision to look at it was one of your videos from back in the day about the Tomahawk.
You might get a “deal” on the purchase price, but you’ll likely pay through nose on restoration. Hidden corrosion is just as likely to “break the bank” as the engine. If one or both wing spars have it, that’s $15K minimum per wing. Corrosion is easily missed on a basic pre-buy. The engine might be eating its cam and that takes tine to see and develop. Buying a jalopy plane is risky.
Doing a fixer upper airplane only works if you are the A&P IA with the facilities to work on it. Otherwise find a good plane that needs very little, and is a desirable aircraft that will hold its value and is easily insured. For the best price possible and that's the best price not the cheapest.
I'd take a pass on that one. Just the panel would be $50K minimum. The engine is the key.
Thank you for the video. Can you tell me what happened with the pilot school business? Did you completely exit from it? I miss the live videos about what you're currently working on.
What a fun plane. I took my flying lessons in one of these... here in Brazil, they were produced by Embraer under license from Piper. here it is called Tupi... it is fascinating to fly on it...❤❤❤❤❤❤
Tupi or not Tupi...
Once you're up flying this thing
That is the question
lol (corny joke)
Mike a need a plane as this I don't have license I will get a full time pilot for trips in the usa and some times in Jamaica
Lord help you if you buy that thing
Nothing more expensive than a cheap airplane
wow, always loved that plane.
now I know.
It's been a minute since I've seen videos like this 🎉ty brother 🛩️🛩️🛩️
This is an idea I've kicked the tires on (pun intended). The piece I don't have in place is a good A&P to partner with. Thanks for the video, it motivates me to look into doing this more!
I am an A&P looking for a partner. You supply the $$$, and I supply the labor, then we share the profits.
@@alanluster950 Hello Alan, where are you located?
I"m thinking ???? RUN
The plane belongs to a flight school. It might have closed down, but it was called "Flight School Of Gwinnett".
Good opportunity!!
What airport is that at, Hook's?
I am only 13 and my monthly budget is 50 bucks, but still a nice plane.
what kind of flight academies/schools would you suggest for my age group.?
You can learn to fly by watching RUclips videos.
I’ve got my eyes on a Piper at my local park. I’ve looked up the tail number but not quite sure how to go about the next step. Advice appreciated. In Metro Atlanta fwiw.
November 721 Tango Tango,, Would enjoy upgrading the interior...
I think you'd have to call it "Experimental" to work on it yourself and make it worth your time.
Please don't open the doors to other people's airplanes. I'd be so pissed.
Abandoned.
I took my discovery flight in this plane several years ago
Some owners rather not sale them and keep paying for tie downs
Not used to click bait from you. But it's all good
well to be fair it doesn't say "buying" only "finding"
@@emmerspaulo387 I was just a little disappointed. There was no actual discussion with the owner (about price or otherwise). So how could it be the cheapest airplane in America? IMO a more appropriate title would have been "how to find cheap airplanes" or "the cheapest hypothetical airplane in America"😉... But that just doesn't get the ole clicks going like "I found the cheapest airplane in America". Like I said, I'm not mad, just a little salty 😂... But a click is a click and a comment is a comment, evidenced by us being here.😭
Run the other direction!
nu 1 dont fly a budget aircraft. i recall well ,my brother wanted to fly ,i didnt want it. his female instructor slipped in the tub and died. and before that a family that ate at our restaurant ,went to a wedding that ended being there funeral
Buy it!
Not seeing any cowl plugs, better make sure there's no bird nest in there (Rebuild Rescue Reference)
better to say “the least expensive” rather than cheapest
I am an A&P if you need a partner. You put up the cash, I do the labor, we both share the profits. Like Mike said “….make sure [Y]ou have the resources to bring it back to life…”
What could go wrong?
no you did not find the cheapest airplane in America, there is one in Peru that is cheaper. saludos
Let me give you some advise. The reason these POS are sitting around airports is because they aren’t worth fixing even if the owner gave you the plane. You’d still lose if it was free. It would cost more than it was worth if it was free. No thanks. Some people just don’t have the money to be in aviation. Period. And they shouldn’t be. It’s an expensive hobby and not very forgiving of poor resources. IMHO.
Wow
Come on dude! Enough with the click bait. Unsubscribing.
Money to be wasted
Mike, you just trespassed on someone’s property. The evidence for your convection is this video.
Autocorrect at work again (or fat finger, small keys syndrome.) ….evidence for your conviction……
Call the Cops.
First guy!
J'ai montré cette vidéo à mon copain et maintenant il veut essayer tout ce que nous avons vu. Il va falloir que je me prépare 👄
Pop the cowl,
Pull the plugs
Put borescope in
Put 12v to mains
🪴
🦉
But get permission from the owner first!
@mojogrip hi which to talk to you on video call very important please 😊