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Commenting to stay on this thread. Seen billboards everywhere, don't understand the appeal for Timeshare 2.0.
- Good luck selling fractional ownership.
- 3 out of 5 owners want to redo bathrooms and you’re one of the two that doesn’t have money? Lol too bad.
Pacaso is pretty new so I can’t imagine that many horror stories yet but I can’t imagine the yoy being much better than getting an Airbnb for that time and it doesn’t generate any income.
Fractional ownership has proven to be a success. Low inventory, most people are priced out of highly desirable locations, and the vast majority of the out of the 10’s of millions of vacation homes are only used 10% of year. Think Uber - Crazy initially, right? Why weren’t we using the millions of cars on the road every day? This is similar. The luxury assets in the top locations are hardly being used. Not a time share - FAR FROM IT!
This is category creating. We’re working hard