Safety & Security are Just the Beginning
The reason why industry experts are calling Lifestyle Asset Group’s Collective Asset Ownership model “The Most Enlightened Second Home Ownership Model in the World” centers around one reason – its carefully crafted structure. Designed with our LLC Owners in mind first, there are a number of differentiators between Lifestyle Asset Group and our competitors, such as:
Safety – Our LLC Owners’ risks have been mitigated in every way imaginable. 92.5% of all initial capital contributions are used to acquire and maintain the residences of your regional collection, and because the homes are purchased in all-cash transactions, there’s no need to worry about dealing with banks. LLC owners are given a 1/50th interest in their LLC, which owns all the residences within your collection outright. Lifestyle Asset Group acquires and manages these homes on our LLC Owners’ behalves.
Seamless Travel to Multiple Destinations – Each LLC owns homes in six distinct locations. Whether you’re more suited for the metropolitan lifestyle, a golf addict, or simply want to get away from it all and feel the sand between your toes, AtlanticOne and PacificOne have residences sure to satisfy your needs. Because of our regional focus, many of these residences are just a short drive or quick flight away from many LLC members of AtlanticOne, allowing our Owners to travel more often. In addition, LLC Owners also have the option to use travel to the residences within their sister LLCs, giving your regional vacation home collection a nation-wide footprint.
Simple Reservation System – Our reservation system is remarkably simple. LLC Owners are awarded 4,000 travel points annually, to be used however they see fit. Residences tend to average 120 points per night, giving Owners four to six weeks of travel annually. Owners cans also purchase additional travel points at any time for virtually unlimited travel restrictions. Forget red weeks and blue weeks; odd weeks and even weeks; or only being able to visit your home twice a year; with an Ownership Interest in AtlanticOne or PacificOne you can travel wherever you would like, as often as you would like.
Defined Exit Strategy – By defining the 7-year term of the LLC, AtlanticOne and PacificOne’s Owners can feel safe knowing that there is a contractual obligation to return their capital contributions to them upon the sale of the residences within the LLC. Because the proceeds of the homes being sold are given directly to the owners, this is a wonderful opportunity for those who believe in the future of luxury real estate. Lifestyle Asset Group, as the manager, only receives revenue at the divestiture stage if the value of the real estate is to increase during the LLC’s term, giving the management company incentive to negotiate home acquisition prices to their best possible value.
Why is vacation home ownership with AtlanticOne and PacificOne being called The Most Enlightened Second Home Ownership Model in the World? Find out more by downloading the Facts at a Glance.