According to one study, 81% of high-net-worth (HNW) second and third homeowners hate or dislike their vacation home. Their top three reasons include: Costly upkeep (38% of respondents) Time-consuming maintenance (29%) A feeling of obligation to use the property (64%) In addition, if they were able to get the original market value, 64% of second-home...
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A New Lifestyle Comes to Maui
By Edmond Krafchow Former CEO and Co-Owner Prudential California Realty President and Owner Mason-McDuffie Real Estate 2012 RISMedia Real Estate Leadership Award Recipient Ever since I was a child I have been in love with Hawaii. Sometime in the 1940’s I remember my parents bringing home a Matson Lines’ menu from a cruise
Read MoreA Mansion Glut–or a Grand Opportunity?
A recent Wall Street Journal article reveals a trend in real estate that might actually be a boon to investors who choose luxury second home partnerships via a one-of-a kind model from innovative Lifestyle Asset Group (LAG). The article, A Growing Problem in Real Estate: Too Many Too Big Houses, highlights several key factors...
Read MoreLifestyle Asset Group Featured in Forbes
Lifestyle Asset Group (LAG) was honored to recently be featured in an article published by Forbes highlighting LAG’s innovative ownership model and investment structure. The article breaks down the Collective Asset Ownership model, how LAG creates true investment partnerships, and the numerous benefits that LLC owners can enjoy both financially and personally. Check out this
Read MoreMinimal Investment, Life-Changing Returns
This year is prime time to invest in a luxury vacation home, according to top luxury real estate experts. Here’s what they’re saying and three reasons why shared ownership is your best option for investing in a luxury second home. Ellen Paris’s recent Forbes article, 2019 May Be The Time To Buy A Luxury Vacation...
Read MoreNYT: Luxury Homes Are a Safe Investment
Have wavering markets caused you to consider investing in the luxury real estate market this year? You’re not the only one, according to Kerry Hannon of The New York Times. “Many high net worth investors are plunking cash in a second or third high end residence as a safety net, stemming from concern about a wide range of
Read MoreForbes: Regular Travel Is Really Good for You
It’s something most people instinctively know: Travel is fun. Now comes the news, however, that travel is extraordinarily beneficial. Taking time to get away from “normal” life is good for body and soul. However, planning for those family vacations can be a hassle. Short, getaway trips to relax and rejuvenate often lose out to long weekends of “doing nothing”
Read More7 Reasons: Our Model Beats Clubs Like Inspirato
Investing in a vacation home through fractional ownership should be just that…a sound investment first. Yes, the locations and properties matter. But if your top priority is smart investing, then Lifestyle Asset Group’s collective asset ownership of multiple properties is the most straightforward and risk-averse model. Since the concept debuted years ago, a number of...
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