The major airlines even now are starting, starting pays like $130,000, just your base. Damn. So now you can start working the system. And as you, I mean, the major airlines are upgrading. You can upgrade in two and a half years, meaning captain. So if you want to work the crappy shift and the weekends and you don't care, I mean, you're making 300 grand pretty quick with having a lot of days off. I know a bunch of 25-year-olds that are making so much money right now, and I tell them,

I hope you guys are invested in real estate because none of us made that kind of money at that

age. They're just timed it right. So there's so many retirements. I think every major

airline, Delta, United American, they're retiring a thousand pilots a year.

So they have to hire that or more just to keep up.

Welcome to the Rich Drummers Report where we talk real estate, business, and wealth building, all while keeping it real.

No fluff, no BS.

I hope that you enjoy the show. All right, guys, welcome to another episode of the report today.

I got a good friend of mine in town, someone who's been on the podcast not just once, but for the second time now.

And he specializes in the private jet game.

He's a private jet captain himself, a private jet broker, and an aviation specialist. I got my good friend, Kurt Marker, also known as Captain Kurt. Welcome to the show, brother. Thanks for having me back, guys. Dude, it's been a little bit, man. And I appreciate you hooking us up with the Tulum retreat. First time ever, first time ever I've ever been a part of the private jet game. But you hooked us up with a Gold Stream 4 for some of our members, some of our guest speakers, and round trip to Toulomb. So thank you for that, dude. You're welcome. It was cool to see your hard work and all your friends enjoying the jet. I mean, that's a nice jet at a Goldstream 4. Yeah, that was really nice,

man. It's not typically the first, first flight most people get. So it looked like the whole crew, all your people are super stoked. And we quoted it with like five different people. And so you know, you were like 30% below all the rest. That's what I like. You know, my biggest thing is like client retention, my clients keep coming back because if you just give good people, you know,

give them good deals. They'll just keep coming back. You don't have to just nail a client to try and make a big payday one time. You just won't be around. That's why I've been doing it for 15 years, you know? So, tell me about the jet market right now. We know 100% bonus depreciation came back earlier this year. You mentioned before we started recording the jet market is heating up. Talk about that.

Yeah. Well, I knew even as a real estate investor like, hey, the tax bill, if this comes back,

where the private jet market was a little bit slow. People weren't spending the money because

the tax benefits weren't as high. They were 60% last year. This year was 40.

So now everybody's either upgrading jets or if they're thinking about been buying in the last year or two.

Now they're taking advantage of the tax Trump, Trump's tax bill, which is 100% bonus depreciation.

You can write the complete purchase price off of the jet as long as you put it into service by the end of the year. In service means one flight for business. And so the market's hot. I get calls every single day from people that either don't have a jet or they're, hey, my boss wants to upgrade. But yeah, the jet market's on fire, especially quarter four.

Is pricing going up for like pre-owned jets?

Yeah, I would say pricing's definitely going up because you have more competition.

So if you don't want competition, buy a jet in January.

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