Here is one lie that they have always told you about a private jet. So I just picked up the Citation 501 a couple days ago and I was surprised to find out that a jet doesn't actually always have to cost millions of dollars. It doesn't even have to always cost hundreds of thousands of dollars to maintain. It's all dependent on what you actually buy.
and again I had a very little understanding of jets because again, I didn't grow up with them, right? But when I came to find out and I learned more about the numbers, what they're worth, and what they're actually valued now Our Intention is actually to be able to resell this jet that you see behind me. So you'd be surprised to find out that this jet behind me can go for about half a million dollars. Some might go for a little bit more, but a lot of jets, even if they're a little bit older. Anything below the year 2000 can actually sell for under a million depending on what it is Now of course, if it's a Gulf Stream those go for a couple million dollars and they're very expensive to maintain.
but just like anything, right? If I wanted to get into buying and flipping houses, am I going to try to flip a mansion right away, No. I'm gonna.
By Stock Chat
where the coffee is hot and so is the chat
Did you borescope the engines? how long before overhaul
Bro you a scammer in active violation of sec rules.
Why do you need it? I know a few billionaires who don’t give a F about private jets! 😂
You better LOVE aviation and absolutely immerse yourself in it or it will break you – especially if you're going to try and flip jets!
Love it Ricky!
pretty sure i told you exactly how much that plane was worth in the last video you did on it. sounds like you also found out just how much the insurance is on that thing and how much parts are on an old 501
Definition of greed
I wonder how much a mig 15 goes for
😳
1977 Cessna 501, you can make lots of money 💰 renting it vs flipping it. No joke