Have you ever dreamed about owning a vacation home at the beach, desert or mountains? But when you ran the
numbers it just didn't pencil out, especially when you consider that most vacation homes are used less than
20% of the time.
Vacation Property Partners is the new, affordable way to own your dream vacation home! You’ll be joining an
exclusive Club whose Members are seeking a like-minded, compatible partner with whom to co-own a vacation
home.
It’s not a timeshare or a fractional, it’s two owners of one property… any property that you
choose!
By sharing vacation home ownership you’re sharing the costs and are almost certainly able to cut the cost
of
owning your dream vacation home by up to 50% or more
- Reduce your purchase price and down payment
- Reduce your mortgage, taxes and insurance
- Reduce your maintenance and HOA costs
- Don’t reduce your usage or fun!
Our platform makes it easy to either find a partner first and then search together for the vacation home that fits both your needs, or find the property first and then find the perfect partner.
Why Co-Ownership?
The reality is, people end up using their vacation home only about 10-20% of the year. If you share
ownership of your property with another person, not only are you cutting the cost of ownership (mortgage,
taxes, HOA fees, utilities, maintenance, etc) in half, but you still get to use your vacation home likely as
much as you would if you owned the whole thing!
If you’ve been thinking about buying a vacation home but it’s not in your budget – this is the way you could
be able to afford it.
Or if you are already planning on buying a vacation home and have a set budget, you could now be able to
afford twice the home by sharing costs with a co-owner.
Co-owning a home is NOT timeshare or a fractional, it’s two owners of one property. A timeshare normally has multiple people each owning 1-2 weeks of time at a condo that they don’t even own, but VPP enables you to co-own your very own vacation home. This means that each partner has 50% equity of the property and 50% of the year to use it. 2 owners, 1 property.
How It Works:
From the home page, you can start by either SEARCH PROPERTIES or FIND A PARTNER You are able to search for properties and partners just by Registering, but the only way you can contact a potential partner or be contacted is to BECOME A MEMBER
Finding your Vacation Home
SEARCH PROPERTIESWhether you already have a specific property or area in mind, or are just starting to look, VPP can recommend top brokers in that area who are familiar with setting up a co-ownership to help you through the search and closing process.
Finding Your Partner
FIND A PARTNERWhether you already have a specific property or area in mind, or are just starting to look, VPP can recommend top brokers in that area who are familiar with setting up a co-ownership to help you through the search and closing process.
How will you know if the person I am talking with would make a compatible partner?
Surprisingly, a compatible partner may mean someone who is opposite from you. For instance, if you are
looking to own a vacation home in Aspen, a successful partnership may be someone who skis and wants to use
the house in the winter with someone who doesn’t ski and wants to use the house for hiking in the summer,
spring and fall. Similarly, a family with kids who will likely use the house during school holidays may want
to match with a retired couple who wants to avoid using the vacation home during the busy holiday
season.
We encourage you to take your conversations offline and meet up with your potential partner in person, on
video conference, on social media- or wherever you feel most comfortable. The more communication you have
with your partner, the easier this process becomes!
We know you might have concerns about getting into a partnership with someone you don’t really know.
- How do you figure out usage of the house?
- What happens if one partner doesn’t meet their ongoing commitments about finances or upkeep?
- What happens if there are unanticipated major expenses?
- Can the property be rented to third parties?
- What is the exit strategy for the partnership?
These questions and almost any other that you can think of are addressed in our proprietary dynamically generated “Letter of Understanding” between the partners. We recommend that partners take the LOU take it to their own attorneys for modification to meet legal requirements in their jurisdiction and the needs and wants of the partners.
Membership Levels
There are 2 Membership Levels beyond being a Visitor… Registered User (free) or Paid Member ($150).
| Can Search for and view potential partners. | You can post a profile and potential partners can contact you. | Can Contact Potential Partners | Can search/view properties | ||
|---|---|---|---|---|---|
| Visitor (V) | Yes | No | No | No | |
| Registered User (RU) | Register Now | Yes | No | No | Yes |
| Paid Member (M) |
FREE FOR THE FIRST
Become A Member
|
Yes | Yes | Yes | Yes |
- Visitor(V)
- Can Search for and view potential partners
- Can NOT post a profile and potential partners can NOT contact you.
- Can NOT contact Potential Partners
- Can NOT search/view properties
- Registered User (RU)
- Can Search for and view potential partners
- Can NOT post a profile and potential partners can NOT contact you.
- Can NOT contact Potential Partners
- Can search/view properties
- Member (M)
- Can Search for and view potential partners
- Can post a profile and potential partners can contact you.
- Can contact Potential Partners
- Can search/view properties
- FREE FOR THE FIRST
1000 EARLY ADOPTORS
The benefit of joining now!
For the first 1,000 early adopters, the $150 Membership fee is waived!
Membership benefits include:
- The ability to post your Profile so you can search for and contact other Members and they can search for and contact you.
- The ability to be contacted (privacy protected until you decide you want to continue the conversation by other Members who want to talk to you about becoming a partner
- Introductions to recommended brokers in your region to help you and your partner close the deal on the perfect vacation home
- Introduction to selected mortgage loan providers and insurance providers who are familiar with partner ownership and provide competitive rates
- Personalized customer service, providing you support and guidance every step of the way!
We need to tell you that while thousands of people have taken advantage of vacation home co-ownership,
you’re going to be an early-adopter using VPP. So there won’t be a ton of members yet to match with.
However, with your support as well as with our planned marketing initiatives we are planning to grow the
site quickly so that you can soon start matching with compatible partners. Once you Join and create your
member profile you should be seeing more opportunities every day. In the meantime you can begin your
vacation home property search.
So please check out the site. We invite you to provide any feedback you may have about your user
experience, we will be continually updating the site to make it better for our members!
Standing by to answer any questions…
CONTINUE TO SITE
The Executive Team
Ed Kushins
Co-Founder & CEO
- Created HomeExchange.com, one of the first online communities on the internet in 1995
- Pioneered the sharing economy before the term was even coined, and his company paved the way for companies such as Uber, Airbnb and others.
- Successfully combining strategic marketing, computer A.I. and an easy to use, friendly site, HomeExchange connected "strangers" (65,000 families) to pay $150/year to join the club that allows them to stay in one another's homes
Ed LeMoure
Co-Founder & President
- Licensed Real Estate Agent (FL)
- Partners Real Estate Brokerage (MA) Owner
- Tecnosalud, Executive Director, Buenos Aires Argentina
- Johnson and Johnson, International Vice President Asia ($4 Billion Market)
- Target Therapeutics IVP
- C.R.Bard Bard Japan General Manager ($3M Business > $153M and 100+ employees)