Travel Club

Contribute to Real Estate AND Vacation!
Watch Your Equity Grow While Vacationing 5 Weeks A Year!

Robert and Jason have identified three markets that will  experience the most turmoil from COVID-19. These markets have significant downside risk because a substantial portion of the economy is based on sectors most vulnerable to disruption from quarantine – entertainment and travel.  Three cities immediately come to mind – Miami, Las Vegas, and Lake Tahoe.

During the last downturn Rob missed a huge opportunity to buy a few units in Las Vegas at a class AA luxury tower.  He is not going to miss it again.  

Welcome to Travel Club 

Travel Club is a group of 16 families that contribute $20k each into a joint LLP.  We will take the cash and purchase three condos – one in each city. Once purchased, each year we will pick 4-5 weeks a year to use the condos. Whenever the condos are not in use we will AirBnb them to offset annual operating expenses. In five years we will sell them for a tidy profit.

Projected Exit

ARV

35% Down

Principal Pay Down

7% Equity

Closing Costs 8%

Profit

Member Profit

COC

Annual ROI

$370,000

$129,500

$20,000

$519,000

-$41,520

$127,480

$9,490.80

59.32%

11.86%

Estimated Operating Expenses

Mortgage/HOA

Supplies

Management



Rentals

Rent Per Year

Mgmt Fee

INCOME


Owner Contribution

Per Owner/Year

Per Vacation

$40,800

$13,800

$7,500

$62,100



$24,600

-$6,150

$18,450


$43,650

$2,728

$545

Contact Mr. Texas Real Estate

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