Internet searches jumped over 200% for "buying a second home" or "buying a vacation home".   California association of Realtors states that resort towns in CA saw sales double.   People have stockpiled money from staying at home (lower fuel costs, cancelled vacations) have been purchasing 2nd homes.  I've been looking overseas at deals and with my Montana license, of course I've been looking in MT.  Take a look at the, not yet finished, Montage in Big Sky.   The gorgeous residences here start at 5.7MM and are all sold out, but ONE.Second homes are great, but often come with troubles and questions.  Do you rent it out, do you get a management company, should I do a timeshare that I can never sell and doesn't appreciate in value?

Good news! There are better solutions today.  You can purchase a 2nd home, get title ownership in an LLC with 1 or more vetted buyers, your own locked up space, maintanence is taken care of and you can choose the luxury home in the area you want to invest. Golf, Lake, Mountain, Ocean, you name it!

Example: Buy a house for $5 Million, bring in 3 other buyers and your cost, financed or not, is $1.25 Million and you get the house for 3 months out of the year.  When the property value goes up, that value is yours.

When you want to use the place, you use an app and TaDa! There is a mangement fee and monthly billing for maintenance. 

805.237.9555 call/text.  key@pankeyventures.com