Who never dreamed of a vacation home near the beach or mountains?
A “stopper” for most people is the price and hassle of maintaining such a property.
Startups like Pacaso are trying to solve this with fractional ownership.
I deep-dived into it and hired a researcher to help make me a list of 100+ startups doing something similar.
The list looks like this:
Let me share with you some discoveries that surprised me.
But first things first.
What is fractional ownership?
Instead of owning and managing one vacation rental, you own just a fraction of it, and someone else takes all the hassle of property management.
These startups are replacing:
When I looked at the websites of these startups, they always fit one of these 3 categories:
1. “Own a second home” (34 out of 110 startups on my list)
2. “Own a second home and rent it on Airbnb”(42 out of 110)
3. “Invest into a vacation rental to create a passive income”(33 out of 110)
Let me know if you are building something interesting in this niche.
Also, if you are interested in the list of those startups, you can access it here.
You have to chip some $$ to help me cover my research expenses. I also don't want too many people having access to this list.
I constantly research new business ideas, run experiments and document everything in my newsletter:
I started a plenty of side projects that combine hospitality, real estate and tech.
Well, most of them failed.
One of them, Surf Office, has become my main business.
Some are still active: Epic Monday, Hoodpicker, Cowork&, and Hotel Nuggets.
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