Anyone interested in creating a fractional ownership LLC. Create Affordable vacation property

Gary Sparrow
Home Buyer
Medicine hat Canada

Hi : anyone interested in creating a fractional ownership that could be used for vacation ownership. The objective is to seek out and find a well priced Condo 2 bed 2 bath (Ideally around 125,000) with reasonable yearly expences and divide the cost in 4. This would insure each owner a 3 month per year slot. The length and timing of the slots to be determined and set out in the rules of the LLC. Any agent or perspective partners please let me know.

Answers (5)
Francesca
Both Buyer and Seller
96059

In answer to Gary, what does the Sales Contract look like? Do you have one that I could read?

Sun Jun 14 2009, 20:01
Verle Williams
Home Seller
Palm Springs, CA

We could be interested in a 4 or 5 way split LLC. We have to sell our condo and really hate to do so, but selling 3/4 or 4/5 would do what we have to do and still leave some availability for visiting.

But, the price is 285,000 plus furniture. The HOA fees are 410/month. The value is certainly there. The reason the fees are low is that we have 3 pools as our only amenity. Certainly, there are lots of opportunities throughout the valley for the recreation one wants.

Please advise.

Verle Williams, 858-967-8375

Thu May 14 2009, 00:30
Gary Sparrow
Home Buyer
Medicine hat Canada

Hi Peter. I actually did get one set up in Surprise arizona but might be interested in a second let me know what you have in mind.

Mon Apr 20 2009, 17:19
Peter
Home Seller
Palm Springs, CA

I have a property that I am looking for partners. The property has house and guest house and is now rented as a very lucrative vaction rental. I am looking for ideas.

Mon Apr 20 2009, 16:23
Irene Johnson
Home Buyer
Edmonton, KY
FIRST ANSWER

I am looking into it at this time. Let me know if anything is working in the directions. I may even take 2 out of 4 shares. I am retiring next year.
Irene Johnson Edmonton
irene_johnson@shaw.ca

Mon Feb 9 2009, 11:09

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