Shared Vacation Rentals - How to Own a Piece of a Luxury Home
- 12/17/22 10:00AM America/Denver
- Model Home at Discovery Ridge Park City, 4314 Discovery Way Park City, Utah 84098
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Come learn about the newest trend in vacation home ownership! Why be the sole owner a vacation home that you don't use more than 6 weeks a year? You still have to pay for taxes, insurance, and HOA for the entire year, whether you are using it or not. Plus, empty houses are not good for the community during a housing shortage. What if you could own 1/8th of an LLC, have 6 weeks use of your luxury property, and share all the expenses? And if you're not using your 6 weeks, you can put it on the rental market. You could be the owner of a $3 million property for only $400,000. And your share can be financed, if the group agrees to get financing for the LLC. If you build the house or BRRRR, you can own you share for almost nothing. Kathy Fettke will be sharing how she has partnered with Ember Homes for shared rentals in Park City, in Discovery Ridge - a new subdivision bordering Woodward Action Sports Center. (Woodward is now an official Olympic training site. You can see the halfpipe from your living room!) See you there!