Co-ownership, made easy
You own the home, we manage it. The smart way to buy and own a second home.
Your second home is waiting
Explore:
View our luxurious waterfront condos located in amazing locations. We’re ready to help you learn more to find the perfect fit.
Co-own:
An LLC is formed for each location. We find and vet like-minded owners and take care of the sales process. You’ll have the opportunity to know and vet us, too.
Enjoy:
The home is fully furnished and professionally managed. All the locations are turnkey; just show up and ENJOY!
Amazing Locations
Our locations are found in some of the most desirable markets to own a vacation home.
Featured Locations
Kalele Kai Condos
Oahu, HI
North Coast Village #F13
Oceanside, CA
You Own The Home
You can resell anytime at your price. This is a true real estate asset.
Your Vacation Home Awaits!
Frequently Asked Questions:
What am I buying?
You are acquiring an interest in real estate. We set up an LLC (Limited Liability Company) which acquires the home and holds the title. The LLC has a total of 6 to 8 shares or ownership interest. Buyers/owners have the right to buy 1 or more shares. All locations are professional designed and furnished down to the silverware in the drawers. From stand-up paddle boards to beach gear to your own boat on a private dock, each location has its own unique toys that make your stay even more enjoyable.
Who takes care of the property?
The team at Nelson Family Estates makes sure the property is professionally managed from scheduling your stay, cleaning, repairs, and maintenance.
The carrying cost of the property, taxes, insurance, HOA fees, etc. are split equally per share. We see that the bills are paid, and annual finance reports are prepared for the LLC by a professional accountant.
How is the calendar managed?
We use a calendar where each partner has the unit 2 weeks (1 week at Oceanside) in a row in succession as the base calendar, though the partners are free to trade weeks with each other as they might want. We shut down 2 weeks a year for deep cleaning and to keep everything new. Each year we ratchet the rotation back 2 weeks from the previous year, so everyone naturally rotates through all the holidays and prime times equally.
How does liability work?
LLC stands for limited liability company and by that the owners are protected.
Can I rent it?
No. Rentals are not permitted. These homes are reserved for the exclusive use of the owners and their guests.
Can I sell my shares?
Yes, it’s transferable as any real estate transactions and you can list your interest anytime. We can even be of assistance if requested.
We make owning a turnkey, luxurious second home affordable and easy. We retain at least 1 share of ownership at each location for a minimum of 1 year. Our families enjoy these beautiful properties too and make sure they live up to the highest standards.