this post was submitted on 19 Jan 2024
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Oh sure, just go buy a big enough property to have a hanger and a private landing strip on it. Cheap and easy!
If you're ok with living in the middle of nowhere, then it's entirely doable. Some folks just have different priorities.
For instance, here is a property in Yucca Valley, CA that has a hanger in the backyard, where you can head out right on the runway from your yard. Just under $300k. There's an entire street of houses that are adjacent to the runway of a small municipal airstrip, I think they call them fly in/fly out communities. They're often well off the beaten path, but you don't have to pay for storage when you have a hanger out back.
https://www.zillow.com/homedetails/57544-Sunnyslope-Dr-Yucca-Valley-CA-92284/17496243_zpid/
I'm not saying that those deals are bad, but we are still talking about hundreds of thousands of dollars, where a sim setups is 30k or 40k at most.
Dude I have a mortgage. I put 25k down on the property. I rent out the house and 3 spots in the hangar. I get enough income from rent on the property to pay the mortgage and have profit on top every month. I’m not a rich by any means. But I live comfortably enough.
I mean, I hope you get rich mate! Yeah I understand your point, and I am also definitely happy that affordable aviation is not a multimillionaire only dream. Though still those simulations are maybe 5 percent of the costs we are talking, yet :(
Yea I’m in FL in a small town. If you want to live in a big city aircraft ownership is on a whole different level of cost.
You have to have the kind of life and professional occupation which is compatible with living in such a place.
Not many people have or are willing to change their lives in order to be able to fly regularly on a real plane like that. It's like people who chose to live on a boat and sail around the World (doable, if you adjust your whole life to it and have the skill to work in the kind of occupation compatible with it).
Meanwhile a setup like the one on the picture is a lot easier to work into one's life, even living in appartment in the middle of a city and with a 9-to-5 regular Joe job.
Never said it was easy, but I have less than 60k of my cash into everything, including a property that generates me money back. You gotta work for what you want. It’s not like I just inherited the capital to do this. I worked for it. And now I have something that will not only pay for itself but pay me as well. But go ahead and just try to hold yourself down with that thought process if you want.