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.
Principal Pay Down
Closing Costs 8%
Estimated Operating Expenses
Rent Per Year