So I'm kind of looking for something I can do on a flexible part-time basis(preferably independently so I'm in full control) that will bring in a little extra income. I keep kicking this around in my head but I don't really know enough about it. My home field does have a flight school but they've pretty much abandoned pilot owners. I was hoping to target existing pilots in my area for BFRs, currency/proficiency work, endorsements, etc. Ever since I moved here I've been frustrated with the flight school- all college aged kids who are building hours to get hired and disapear within a year or two. Every time I need a CFI I have to go meet someone new, I feel like having a go-to for those of us not seeking a career in the area would be a good niche to fill. Not against having primary training students, just less sure of who will rent us a plane.
I do own an aircraft, a Piper Lance but I don't really think it's ideal for training(and I'd rather not let anyone else land it). That might be the rub- there are other airports in the area that might rent, I doubt the flight school wants my competition. Am I going to need to figure out a way to buy a trainer of some kind? As fun as that sounds, it also might sink this whole ship economics wise. Speaking of which I *ONLY* have time in a PA-28-181, a PA-32R-300, and a tiny bit of time in the rental 172s I started on. Is my lack of experience with different types an issue?
Last I've hired a CFI, midwest pricing had hourly rates in the $30-$50 range. Other than the whole potential world of expense buying another plane would come with, what are my expenses? I know there's insurance but I have absolutely no idea what that runs or anything else.
Currently I'm a PP-ASEL with instrument rating.
I know a multi-engine rating isn't a requirement but how much of a handicap would not having it be?
How much harder is it to get the II? Worth it?
Is the whole idea nuts? Would I make more money at the local Mc Donald's?
I do own an aircraft, a Piper Lance but I don't really think it's ideal for training(and I'd rather not let anyone else land it). That might be the rub- there are other airports in the area that might rent, I doubt the flight school wants my competition. Am I going to need to figure out a way to buy a trainer of some kind? As fun as that sounds, it also might sink this whole ship economics wise. Speaking of which I *ONLY* have time in a PA-28-181, a PA-32R-300, and a tiny bit of time in the rental 172s I started on. Is my lack of experience with different types an issue?
Last I've hired a CFI, midwest pricing had hourly rates in the $30-$50 range. Other than the whole potential world of expense buying another plane would come with, what are my expenses? I know there's insurance but I have absolutely no idea what that runs or anything else.
Currently I'm a PP-ASEL with instrument rating.
I know a multi-engine rating isn't a requirement but how much of a handicap would not having it be?
How much harder is it to get the II? Worth it?
Is the whole idea nuts? Would I make more money at the local Mc Donald's?