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Old 11-25-2014, 12:36 AM   #1
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Partnership

Got another question if you don't mind. Currently I'm in a successful partnership with two others in a 28' Bayliner up in the Puget Sound. Works great. Everything is on paper and there is never a conflict with usage or expenditures. So nice to bust out a couple hundred instead of a solo thousand.

If I buy an new or nearly new MH, I would be primarily use it in the winter, pursuing the sun. I do not like to stray far from the PNW in the summer. It's my belief we have the best summers on the planet...so why travel and deal with the hordes?

Given this, I'm entertaining the idea of initiating a partnership with someone who does want to travel all summer. A school teacher comes to mind. Anybody have experience with partnerships or know of them.

It's done with planes, condos, boats....why not RV's. (of course..everything will be on paper).

-Greg
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Old 11-25-2014, 01:21 AM   #2
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I've done it with boats and planes. I think a MH would be a little more tricky. I considered it myself with my brother but ultimately decided against it. In addition to removing all your personal items in and out you have to navigate the repair bills. When things break it could get sticky. One partner may take a little better care of it than the other or be easier on it. The plane was simple. If you don't crash it's all good. With a coach there seems a bigger potential for abuse and so forth.
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Old 11-25-2014, 05:54 AM   #3
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I could see some potential problems with a MH partnership.

I'm in a partnership with my brother in an airplane. Just like noserider said, the plane is easy, we pay for our own fuel, it stays in my hangar at my house, we just split the maintenance costs right down the middle.

He & I also own some equipment together. This one is a little different. We split the major repairs, but, if one of us is using it and there's a minor problem, ie hydraulic hose, flat tire, (2 or 3 hundred bucks) whoever is using it at the time just pays for it & goes on. A major issue or routine maintenance, just split it.

Oh....we don't have anything written down either. Our wives aren't involved.......... so it works just fine.
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Old 11-25-2014, 01:28 PM   #4
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What ^ he said. It could work but you would both need to be very laid back responsible types. I loved my plane partnerships. I owned them alone and with partners. Never a problem once over many years. I only crashed landed once but thankfully the plane did not belong to any of us (although did belong to one of my student pilots) . Had a failed landing gear but the owner got a new engine, upgraded 3 blade prop and a new paint job out of the deal. Mechanics insurance paid for all. What a deal. I was the only professional pilot in our plane partnership and had the most time off to use it . Also with planes it was easy to schedule it. Rarely did anyone need it for more than a few days or a weekend trip somewhere. Hangar, insurance and maintenance split equally. Just top the tanks before you put it away. I was also lucky and had great partners.
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Old 11-25-2014, 04:52 PM   #5
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I would consider it pretty much the same as loaning money to family, one of the almost sure ways to ruin a friendship.
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Old 11-25-2014, 04:56 PM   #6
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Some partnerships are good, some are bad! I was partners with another guy on a plane one time, and that didn't turn out well!
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