Fractional Ownership Vacation Homes - A Smart Investment

Fractional Ownership is something that has been around for years but has just now hit the investment real estate market ( i.e. vacation homes, townhouses, condos, etc). For years business men and women have been using the fractional ownership technique to purchase everything from private jets to expensive jewelry. Fractional ownership broken down basically means that you and a group of people (often times friends and family) pool your resources together to purchase an otherwise expensive product. This product is then split up evenly among the investors and each investor owns an equal fraction of the investment. With vacation homes that means that each investor has either one or two months to use the vacation home (the number of months depends on the number of the investors). Fractional ownership works very well for the family that wants a nice vacation home to call their own but doesn