저자: Kevin · 외국인
요약 보기
사모 제트기 비용을 비교. 차터(약 1시간당 14,000달러)는 변동비가 높아 연간 수백 시간 비행 시 비효율적이며, 자가 소유 시 시간당 변동비는 약 1,320달러 수준이라 비행 시간이 많을수록 유리하다고 주장. 고정비(약 92만 달러/년)·대출·세금 공제 등을 포함해 자가 소유 비용을 계산. 부동산 시장은 6~12개월 후 바닥을 칠 것으로 보고 그때 매물 탐색을 준비한다고 언급. 주식·자산 가격 직접 예측은 없음.
다듬은 글
in this video you're going to learn multiple things how much it costs to fly private on a chartered jet how that compares to the variable costs of owning your own private jet and how that compares to the total cost of owning a private jet I'll also be revealing how much a house hack is being billed for my use of a private plane to go look at houses in various areas around the country in fact I'll actually start with that as of today January 15th after multiple flights to look at real estate house hack has been built a grand total of zero dollars now you might think wait that's crazy like I came here to learn about the cost of a private jet but why would you not Bill your housing startup for you flying around on a private jet and I'll answer that very quickly I believe that as long as I can subsidize this private plane with my YouTube and media business I can provide value to people on the internet and make sure that my housing startup has the best training wheels possible because ultimately I think that housing startup could be a multi-billion dollar company but we've got to make sure it's got the strongest Foundation First and right now it is milk and treasuries as I hunt for Real Estate to prep to pull the trigger for our housing startup once the market bottoms out we're not quite there yet I think we've got at least another six to 12 months to go before we hit a potential bottom in the real estate market then we're going shopping now let's talk about the costs of private jet travel keep in mind if you want to fly with me and explore real estate with me there is a link down below where you can join me and go on a ride with me on my plane as we go explore real estate the point of the day is a shadowing experience where you Shadow me for the day so you don't have control over where we're going obviously but you hop on and uh you follow me as we go hunt real estate you get to go in the properties with me ask questions of the agents or myself and uh yeah anything uh that we want to get done we get done in that day and they tend to be pretty exciting days today we've conducted three amazing shadowing experiences and if you want to join on the shadowing experience check out that link down below so let's jump on over to netjets netjets is a commercial uh service where you can essentially Charter a private plane I actually think it's one of the best services and next to wheels up though I think netjets is a little bit more Premier both of them though pretty good Services usually you're playing paying and keep in mind this is not me quoting you okay I'm not a netjet sales player person so I want to be very clear these prices could obviously change but for my purposes it seemed like net chats would cost me about fourteen thousand dollars per flight hour that's a lot of money that means every minute you're on a private jet you're paying 233 dollars that is a lot of freaking money and I think it's way too expensive to do regularly I think netchats is awesome if you've got some one-off trips and maybe you want to fly private for say 25 hours a year maybe 50 hours a year but if you're flying 400 500 hours a year this is insane you would be better off probably owning your own jet which is why you're going to see this comparison in just a moment now keep in mind these companies oftentimes will quote you about a lower number you'll see like 11 or 12 000 but because they can charge you 12 to 14 minutes for taxi time if you take an hour-long flight you've almost paid an extra half hour of flight time even though you were not flying so if you have an average flight of let's say 90 minutes that's sort of your average flight where you're going and 28 of those 90 minutes are uh taxi times or let's say you're you're adding 28 minutes on so then that would be like 118 minute flight that you're getting billed for because again 20 the eight of those are taxi time that means 23.7 of the money you're spending for the charter is actually going to taxi time and that's why on my spreadsheet I don't use the 11 or 12 000 I just assume hey if you factor in the taxi time your realistic cost per hour is much closer to about 14 000 so that's where you see about that 20 increase so that's important to remember if you're chartering those taxi times can really add up a lot especially if you do a bunch of shorter flights now what you're going to see is if you take four destinations here Salt Lake Seattle Apple Valley and Phoenix and you divide or rather multiply by 233 dollars per minute the minutes of uh the flight times that it would take to get to these various destinations you'll see the total costs of getting to these various destinations if you want to fly private to Salt Lake you're paying about twenty two thousand dollars to Seattle almost thirty thousand dollars Phoenix 17 700 Apple Valley six thousand six hundred dollars these are extremely expensive numbers now obviously there are some benefits to private jet travel you get to determine the departure time there is no TSA you don't have to stand in line and wait for your plane the odds of you getting a canceled flight or a delayed flight or substantially fewer you could fly there and back the same day which you usually can't do if you're flying commercially right a lot of benefits but these prices are ridiculous there's no way you could pay these prices if you were doing this regularly Now give me wrong don't get me wrong one off you want to go travel 25 50 hours net chats wheels up phenomenal companies really like them can you do it regularly not if you want to be in a situation where you're flying for 500 hours a year that kind of pricing just won't work out so what does it look like if you want to own a plane ah yes plain ownership let's get into some of the costs of plane ownership and mark your calendar for January 30th because that's when the coupon code hashtag jet expires for not just traveling with us for a shadow experience but also for the programs on building your wealth you can get in for as little as just over 300 into one of the amazing programs that we have down below they're a lot more affordable than a lot of people think but check out the elite Hustlers University for increasing your income zero to million at real estate investing where you literally learn my blueprint for everything Group where you learn my blueprint for exactly what to spend money on and what not to spend money on in a rental property that can save you thousands of dollars in addition to our Lowe's partnership that we have with lso check out the the courses on being an agent YouTuber or stocks and psychology of money group link down below let's say you hire two pilots because even though a lot of planes can be flown by One Pilot planes are a lot safer when you have redundancies there's a reason you have two Wings two engines two pilots and almost two of every single system on a plane now look I get two Wings is a little extreme but generally planes want redundancy at every single level at any time well almost any time you look at aircraft accident or aviation accident incidences you usually see multiple chain events of mistakes errors and failures it's rarely one thing that brings the playing down so safety super important and in my opinion having two pilots is a must and you want experienced Pilots not oh I'm gonna go get my own pilot's license to try to save you know 220 000 a year and the grand scheme of things it's not worth what you're paying for owning a plane to put yourself into that risk where you think you can do do it better than somebody who's been doing it for thousands of hours that's a bad idea now if you pay 470 000 in salaries you're probably going to be paying another 141 000 in salary additions those are things like workers comp and payroll taxes I calculated about 30 plus things like here's a new headset or whatever right you've got about fifty thousand dollars in annual Flight Training to keep a jet Pilot's type rating it's very expensive hanger probably will cost you about fifty thousand dollars a year insurance with two pilots about forty thousand dollars a year you try to do this yourself as a new pilot as just a single pilot you'd probably be paying triple that management about sixty thousand dollars a an airplane manager is somebody who's going to work on everything related to the planes maintenance the safety of the plane coordinating the trip the pilots coordinating your destinations in terms of working with the airports to make sure you have a car available for you when you're there now obviously you could in-house this better that is maybe your Pilots could do that for you or you could do it yourself but it's one of those things where your first few years of plane ownership you're probably going to be Outsourcing your airplane management as you just get your feet wet in Airplane ownership additional miscellaneous costs you know things break right it's mechanical so assume 50 000 a year internet uh this would be like 5G Go Go internet limited to some kind of data cap so you don't really want to be streaming but probably somewhere around five thousand dollars per month if you want unlimited you'd probably be about quadrupling that so it gets really expensive really fast these are now called your fixed costs these are things that you're paying whether or not you're flying the plane that's nine hundred twenty one thousand dollars whether or not you actually take off so if you buy a plane you better be flying the sucker because if you leave it sitting in a hangar you're financially ruining yourself and this doesn't even consider aircraft appreciation which means over time generally aircrafts just like cars lose value all right moving on variable costs to plane ownership maintenance consider these as hourly costs this is really important hourly costs maintenance about 125 bucks an hour these are usually maintenance programs engine programs probably about 250 dollars per flight Hour Tires and Brakes 30 bucks per flight hour if you do a bunch of short flights and short trips though this could uh this could bump up pretty quickly gas 915 dollars per hour the particular aircraft that we have is a Phenom 300E which burns about 165 gallons per flight hour that's actually and I know it sounds crazy but pretty dang efficient for corporate jet travel it's probably one of the most efficient corporate jets that that exists again that's the Phenom 300 e but it's still very expensive and gas costs are here being calculated about five I think I used five dollars and fifty cents per a gallon of jet fuel they were as high as seven eight bucks not too long ago hopefully those costs continue to come down either way that brings your total variable cost for flying versus not flying to one thousand three hundred and twenty dollars now that's actually really incredibly different from if you chartered a plane obviously because now you own it right but now the difference of you flying or not flying is really extreme because if you already own the plane the difference of you actually flying is only one thousand three hundred and twenty dollars versus fourteen thousand dollars with the charter so anybody who tells you oh why would you buy your own private plane it's you know so much cheaper to Charter either isn't considering how many hours somebody actually wants to fly in a year or they have no idea what they're talking about let's give them the benefit of the doubt and assume they don't know how many hours a year you want to fly we want to be nice to people so that brings your total variable cost to about 1 320 per hour that brings your variable cost per minute to twenty two dollars which if you compare that to the Charter that's about one tenth of the cost it's actually less than one tenth of the cost which is pretty remarkable so what I'm going to do now is I'm going to show you four of my recent flights you could actually verify these by looking up the tail number of the plane n88w and you could see the exact flight times that I actually took so this is not like you know trying to to fluff the numbers here or whatever these are actual flight times for these actual destinations that I was looking for real estate in and you'll notice Salt Lake City took us 94 minutes Seattle 127 Apple Valley 26 we actually came in slow on that that should have been like 15 minutes but we got diverted so that could have been a lot less but sometimes that happens Phoenix about 76.
okay so those are the minutes multiplied by the variable cost would bring your one-way flight to these numbers here but we're not just going one way we're going round trip so a round-trip flight to Salt Lake costs about 4136 dollars complete compare that round-trip flight to a charter uh going to Salt Lake about twenty two thousand dollars you can see it's less than one-fifth of the price to be flying the plane ourselves round trip that's pretty incredible because actually wait a second uh because remember the cost was one tenth this was only one way so if you actually took these flights here both ways which presumably you would so you wouldn't be stuck you would be sitting in a situation where you you'd be paying 40 almost 44 000 to go round trip to Salt Lake versus four thousand one hundred dollars in your own plane in variable costs now this is where jet travel gets really fun if you load up your plane with people who need to be there and this is important okay if you just start putting like kids on and and you're trying to trick yourself into thinking it's a less cost per ticket now you're just tricking yourself right so you have to be reasonable if you're actually filling up nine seats on the plane with people who are learning and need to be there for the purpose of the company company well now your cost per ticket actually becomes very reasonable now I think that sounds I know that sounds crazy because it's like wait how could private jet travel ever be reasonable well look at it if you go to Salt Lake it's it's 459 dollars per ticket in variable costs Seattle 620 Apple Valley 127 but you couldn't even fly private to Apple Valley uh you would just drive and that would make for you know a pretty long day or you'd stay overnight in a hotel but then you'd have the hotel hotel cost Phoenix 371 now if you compare to commercial tickets what's remarkable is a commercial ticket to Salt Lake City would cost you about 466 dollars per ticket that's about the same as the variable costs on the private jet however you'd have to add about a thousand dollars for a hotel that would be assuming double occupancy five hotel rooms assuming everybody is willing to room with each other right so now and that's 200 a night which honestly is like it's not going to be a great hotel which it's okay it's just a bed right like you're there you're there for work like let's not get ridiculous here but you know a lot of hotels these days are like 250 300 bucks a night plus taxes and fees right anyway let's just assume 200 bucks a night that brings your round trip cost with a commercial flight to 5194 which is Le which is actually a thousand dollars more than the private travel because you don't have the hotel cost right Seattle 5588 versus 59.50 Phoenix 4078 versus 3344 for the private jet again this is showing you the variable costs of a private jet versus the round trip with a commercial airline for for nine people and again if you don't actually need those nine people the numbers obviously shift here if you're just solely going yourself then the numbers are quite different but then it's very difficult to suggest how are you ever going to grow a company by yourself like house hack my real estate startup I've got to do my best to teach as many people as possible my model the wedge deals what we do with our real estate startup so that way everybody in my business is cross-trained ultimately I want to get it to where I can train everybody in my real estate startup including the pilots who are basically ordinarily at sunk cost they're with us all the time anyway but if I could change this to 11 people going on on flights well now all of a sudden your cost per ticket gets ridiculous because you've got 11 people walking through houses with you actively learning about real estate that is what you want ultimately when you're building a big business something that you expect to be a multi-billion dollar business in the future right okay now that's great but again this is only the variable cost on a variable basis it makes a lot of sense to use a private jet but there are a lot more things to be considered other than just variable costs as you saw earlier we also have fixed costs to consider now I want to be very very clear again we've done about three four four flights now specifically for house hack again for the time being I'm paying for all of the costs for the plane fix and variable myself so all of the flying that people have seen so far and for a good portion of time into the future or me subsidizing all of the flight costs and I'm doing that very clearly because I want to make sure that we're as efficient as possible for this business and I want to make sure that up front everything is very very clear that my media business pays for this plane that's what it is right now in the future that might change when we actually have 11 people and maybe we build variable costs right something very reasonable but again right now house hack has been charged zero for the cost of this plane however if I build in now annual fixed costs at nine hundred twenty one thousand dollars the variable costs at 400 hours of 528 thousand dollars the loan on the plane since I financed the plane the payments on that of about eight hundred eighty eight thousand dollars a year this plane costs about 2.3 million dollars per year to operate now that's pretty high however unfortunately the first year of flying the plane is free now you might say to yourself how the heck is the first year of owning a private jet free well here's some rough math for you I tweeted this it got like 8 300 likes if you make 12.8 million dollars of income you'd likely only owe 5.2 million in federal taxes if you buy a 12.8 million dollar private jet with a 3.25 million dollar down payment money coming out of pocket right but ordinarily money you'd have to pay towards taxes you would could write off 100 of the Jet and oh zero dollars in federal taxes that means the government just gave you about two million dollars to help pay for your jet costs if you now include some of the tax benefits on the state level which are not as good as the federal level we expect that the vast majority of our first year will be free for this plane now that's really really cool because that means thanks to the way the tax uh regimes work in the world we have this private jet that on variable cost highly competes with commercial air travel as long as we have a lot of people that we're training in real estate and the flights for the entire year and the cost of the plane and the down payment are covered for the first year and down payment really forever because that money would have gone to taxes unless of course you sell the plane in the future which then you'd face depreciation recapture and it'd be a disaster you'd really once you get into owning a plane you do not want to sell it because you'll get screwed unfortunately that does bring your cost per hour to 5842 dollars so that means the vast majority of expenses of owning a plane are owning the plane not using the plane consider this if your variable costs per hour on the plane are thirteen hundred twenty bucks and what you do is you divide that by your total cost of owning the claim your variable costs are only about 22.5 percent which means if you own a plane you are really incentivized to actually fly the plane and use it because again 77.4 percent of the cost is the plane just sitting there now if you do actually fly at 400 hours per year what's cool is you could look at this cost per hour and divide it by again like a net chats which look this is not to bag on Netflix I love netjets and they know themselves like look if you're gonna fly 400 hours a year don't pay these rates like get into our fractional ownership programs or our leasing programs or whatever right fine but still just to compare the one-off charters to actually owning your plane it's about 41 as expensive to own versus the one-off charters that's good over time if you pay off the loan on the plane costs go down a lot or more realistically if we bump this to let's say flying 600 hours per year which would be in the air for a little over 11 to 12 hours a week it's quite a bit of flying but let's say you bump this to 600 hours of variable costs and then we divide the cost per hour by 600 instead of by 400 your cost now goes down to about four thousand three hundred dollars in total per flight hour so now the cost of the plane in total cost goes up to 2.6 compared to what it was previously which was 2.337 but it just shows you you could get an extra 200 hours of flight time in for normally more you could literally fly 50 percent more flying and what did we say it would cost it would cost somewhere around I think this personally I think this Mass math is very fascinating you fly 600 hours oh yeah compared to two three three seven you've got now 2601 2601 minus two three three seven you're flying uh you're it's costing you 264 000 more to fly 56 or 50 more 2 670 divide that now by uh 200 hours more so 267 divided by 200 hours yeah now the total cost of operating more is only down to about thirteen hundred thirty five dollars per hour which is really actually similar to what we were using here as just our variable costs so again the reiteration here is if you own a jet fly that sucker all the freaking time the only reason this could change though is is over here instead of salaries you are using contract Pilots you know then your numbers could change a little bit but uh you really want to get pilots on salary if you're going to be flying this much in my opinion and treat them really really well but again the cost like once you own a plane and if somebody like Kevin and Lauren paffrath say hey we're going to take the personal liability of this plane and maybe we're in the future going to build like variable costs plus some reasonable depreciation or whatever it is so reasonable to actually fly private if you're trying to build a large real estate business and you got to get back and forth every single day to different areas to check in or my favorite and I really love this you go fly let's say from LA to Austin then you go check out real estate in Austin you fly to San Antonio you fly to Houston or maybe the other way around right you fly to Houston first and then you go to Austin and San Antonio and then you fly back now you just hit three cities in a day that is pretty sick so a lot of things to consider when it comes to private flight but I personally think if you're considering flying private well first of all you better have a really good reason to be flying around and this is why you see corporate jet travel like the Walmart vice presidents travel around together on a private jet they do that not because Walmart isn't a Frugal company it's because Walmart realizes oh my gosh if we're paying all these VPS to fly around and go look at our stores and make sure we're operating our businesses efficiently we may as well shove 10 of them in a plane together and have them go fly around together private and come back same day works out less expensively than paying hotels for them the Lost productivity of them being elsewhere so get good people in good seats fly around it makes sense as long as you're flying for business and a lot of people look at private jet ownership as just really a luxury something that's never justifiable and as something that people just do when they want to leverage themselves up to their eyeballs or like have more money than they know what to do with but when you actually look at the business case not just the sort of entertainment case of a plane because it's still flying it's still work right sure can you do one-off family trips or whatever of course but you wouldn't want to buy a private jet for that it would be way too expensive right that's where you Charter for business does it make sense 110
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