Our Story

The History of Our Co-Ownership Model

At Lifestyle Asset Group, our mission since 2013 has been to empower like-minded individuals to invest collectively in vacation homes. By fostering partnerships with homeowners, we enable our clients to create lasting vacation memories, build equity, and achieve their dreams of second home ownership.

  • Accessible Second Home Ownership: Making second homeownership accessible, manageable, and community-driven for families and friends across the country.
  • Customized Co-Ownership Solutions: Offering tailored, à la carte co-ownership services that ensure a seamless and transparent experience.
  • Time and Effort Savings: Streamlining the legal, financial, and organizational aspects of forming a co-ownership group to save time and effort.
  • Centralized Convenience: Providing all necessary tools and resources in one platform for seamless coordination and communication.
  • Transparency and Trust: Ensuring transparency through joint banking accounts and real-time communication channels to foster trust and accountability.
  • Cost Savings and Community: Reducing fees through buyer aggregation, saving participants money while creating a stronger co-ownership community.

Introducing Our New Non-Equity LLC Model

Try Before You Buy
We are thrilled to introduce our innovative non-equity co-leasing model, designed for those who wish to experience shared luxury living without an immediate equity commitment. This "try before you buy" opportunity allows you to experience and enjoy the benefits of co-ownership without a large, six-figure upfront capital contribution.

Upfront Membership Fee
To ensure we maintain the highest standards of service and management, we have implemented a one-time non-equity membership fee which covers additional costs not included in the annual lease charges and positions our offering as a premium service.

Value Proposition
• Consistent Availability:
Unlike short-term rentals such as Airbnb, our model guarantees consistent availability and privacy.
Legal and Logistical Convenience: Enjoy the convenience and legal advantages in the current restrictive short-term rental market.
Elimination of Pain Points: Our model eliminates the need to search for rental properties each time you vacation, saving you time and effort and making the process more enjoyable and stress-free.
Fair Reservation Protocol: We implement a fair and flexible reservation protocol to ensure all members have equal opportunities to book their preferred weeks, enhancing satisfaction and reducing conflicts.

Membership Benefits
In addition to exclusive and consistent access to this luxury vacation home, we offer additional perks such as concierge services and priority booking to enhance your experience. Our non-equity membership model provides a unique alternative to traditional rentals, with benefits tailored to meet the needs and preferences of our members, setting us apart in a saturated rental market.

SELLERS: Unlock the Power of Co-Ownership and Master Leasing

We understand that not all second homeowners are actively looking to sell their properties through traditional market channels. Co-ownership and master leasing can be mutually beneficial options that offer numerous advantages, including shared costs, increased property utilization, and the potential for future sales to co-lessees.

Equity Co-Ownership By listing your property with Lifestyle Asset Group as a co-ownership opportunity, you can retain a portion of your equity ownership while cashing out at the home's current market value. Co-ownership allows you to unlock the full potential of your property without the burden of sole ownership responsibilities. Our database of potential co-owners consists of like-minded individuals seeking exceptional properties for co-ownership.

Non-Equity Memberships with Master Lease Program In addition to equity co-ownership, we offer a non-equity co-leasing model through our master lease program. This innovative approach allows families to experience the benefits of shared luxury living without an immediate equity commitment. Homeowners can master lease their homes to us, ensuring consistent and reliable rental income, while also providing an opportunity for eventual sale to co-lessees over time.

Benefits for Homeowners
• Consistent Income:
Through our master lease program, homeowners can enjoy consistent rental income with minimal effort.
Future Sale Potential: By participating in our program, you open the door for potential future sales to committed and satisfied co-lessees.
Reduced Responsibilities: Co-ownership and master leasing reduce the burdens of sole ownership, such as maintenance and management.

How to Get Started If you currently own a second home and are open to exploring the possibilities of co-ownership or master leasing, we would love to schedule a confidential, no-obligation discussion. Contact us today to learn more about how these arrangements could work for you and unlock the full potential of your property.

Take the Next Step Experience the future of vacation home ownership with Lifestyle Asset Group. Reach out to our Co-Ownership Specialists today to learn more about this exciting opportunity. Email us at different@lifestyleassetgroup.com, or call 800-318-6966. Let's turn your dream into reality together.

Learn about our Co-Ownership model
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Our Team

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Tommy Robinson
Co-Founder, Senior Partner
Chief Financial Officer
Karla Jones - Lifestyle Asset Group
Karla Jones
Senior Partner
Business Development and Marketing
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Marlena Grant
Reservations Manager
William Newman - Luxury Shares
William Newman
JV Partner, Luxury Shares
Mark Newman - Luxury Shares
Mark Newman
JV Partner, Luxury Shares
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Shannon Dunne
JV Partner, New York City

Advisors

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Charlie Salcetti

Charlie Salcetti is an owner in LifestyleOne as well as an investor in Lifestyle Asset Group. Over the past 30 years, Mr. Salcetti has owned and operated MGP Real Estate, a commercial real estate investment and management company in the Washington DC area specializing in office, flex and industrial product. As the father of four and grandfather of two, he was looking to invest in a flexible shared vacation ownership program that would accomplish his family’s expanding travel plans. As a past owner of several timeshare and vacation membership organizations, he was attracted to the Lifestyle Asset Group shared ownership vacation model. Mr. Salcetti is a CPA with a BSBA from Georgetown University.

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Danette Stewart

Ms. Stewart is an investor in Lifestyle Asset Group and a retired certified public accountant. During her 20-year career, she was a principal in a for-profit business entity that provided mental health and therapy services to children through eleven health care clinics throughout Arkansas. She served as CFO and CEO of this organization before selling the business in 2006. Ms. Stewart has an undergraduate degree in accounting and an MBA. My decision to invest in LAG was motivated by what I considered low risk opportunity to travel in style to some of my favorite destinations while participating in the upside potential of shared real estate ownership.

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L. J. Evans, JR.

Mr. Evans is Founder and Chief Executive Officer of the SFI Financial Group, Inc. Chairman of the Evans/Gilruth Foundation (a non-profit Foundation dedicated to use of technology to solve education and health issues); a Board Member of TrioMed Innovations Corp. (a biotech/anti-microbial company), Pyng Medical Corp. (a trauma “saving lives in seconds” company), The Solution Design Group, Inc. (a capital and revenue management software company); and BioRaft, Inc. (a biochemical laboratory safety company); Advisory Board Chairman of Pixel/Epsilon (a homeland security and breakthrough ultrasound company), iCVn, Inc. (a cash tracking homeland security company), Ex-RAD, Inc. (a radiation amelioration company), a former Board Chairman of EOTech, Inc. (an optics sighting company) and Board Member of ART Inc. (an advanced materials company) and Board Member Emeritus of Altarum (a $75M/per year health care and educational non-profit Institute). Mr. Evans was the Chairman of the White House Cabinet Council on Technology Commercialization, a former Member of National Research Council Applications Board, former Head of NASA Commercial Technology and former Senior Executive at the White House, NASA, the Nuclear Regulatory Commission and the ACTION Agency (Peace Corps and Vista). Mr. Evans holds a B.A. in Economics from Colby College and a J.D. from Cornell University.

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Mary Smith

Mary Smith has been President and majority owner of IMA, Inc. for 31 years and Access Health, Inc. for 8 years (both located in Bossier City, Louisiana). Ms. Smith was selected by the U.S. House of Representatives’ Policy Committee to serve on a panel to help discover and prioritize future insurance and employee benefits issues. She has also acted as a key resource to former and current congressional members such as Senator Bob Dole, Senator John Breaux, Senator Bennett Johnston, and speaker of the House Newt Gingrich. Mary Smith is also a current advisor to Louisiana Senators Robert Adley and Dr. Bill Cassidy. Ms. Smith has been associated with the executive team at Lifestyle Asset Group since 2004. With experience in former vacation club models, she strongly believes in the Lifestyle Asset Group business model and the team’s ability to execute their vision.

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Stan Woodland

Mr. Woodland has over 30 years of experience as an entrepreneur in the pharmaceutical marketing industry. He is currently president and chief executive officer of two firms, Communications Media Incorporated (CMI) and Compass, Inc., specializing in pharmaceutical media planning and buying.

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built by Co-ownership Real Estate Partner: Luxury Shares