3. Why Buy a Fraction in this Home
Year Round Activities & Entertainment
Winter:Headuptoenjoythebeautifulwinterscenery,togoforaswimintheindoorpooloradipinthehottub.VisitKohlertogosledding,haveacupofhotchocolateatthelocalchocolatier,orgodown-hillskiingatoneofthelocalresorts.
Summer:JustbumaroundthebeachorgoboatingoutofthebeautifulSheboyganMarina.Youcanstoreyourownboatthereorcharteronetotakeyouout..
FallisanamazingtimetogohuntingatRiverWildlifeoranyofthemanylocaloptions.Itisalsoagreattimetohikeanyofthemanystateparkslocatednearyourhomeandjustenjoythebeautifulfoliage.Ifbikingisyoursportthisisaspectaculartimetotakeadvantageofthemanybiketrailslocatednearandaroundthearea.
Spring:ThereisnothinglikewatchingthewintermeltawayfromLakeMichigan.Usethistimetohikeandutilizethespaorotherlocalamenitiestorelaxandunwind.
4. Fractional Calender-2015
Sun
Mon
Tue
Wed
Thu
Fri
Sat
1
NEW YEARS DAY
2 A
3
4
5
6
7
8
9 B
10
11
12
13
14
15
16 C
17
18
19
MLK DAY
20
21
22
23 D
24
25
26
27
28
29
30 E
31
January
Sun
Mon
Tue
Wed
Thu
Fri
Sat
1
2
3
4
5
6 F
7
8
9
10
11
12
13 A
14
VALENTINES DAY
15
16
PRESIDENTS DAY
17
18
19
20 B
21
22
23
24
25
26
27 C
28
February
Sun
Mon
Tue
Wed
Thu
Fri
Sat
1
2
3
4
5
6 D
7
8
9
10
11
12
13 E
14
15
16
17
18
19
20 F
21
22
23
24
25
26
27 A
28
29
30
31
March
5. Sun
Mon
Tue
Wed
Thu
Fri
Sat
1
2
3 B
4
5
EASTER SUNDAY
6
7
8
9
10 C
11
12
13
14
15
16
17 D
18
19
20
21
22
23
24 E
25
26
27
28
29
30
Sun
Mon
Tue
Wed
Thu
Fri
Sat
1 F
2
3
4
5
6
7
8 A
9
10
MOHTERS DAY
11
12
13
14
15 B
16
17
18
19
20
21
22 C
23
24
25
MEMORIAL DAY
26
27
28
29 D
30
31
Sun
Mon
Tue
Wed
Thu
Fri
Sat
1
2
3
4
5 E
6
7
8
9
10
11
12 F
13
14
15
16
17
18
19 A
20
21
FATHERS DAY
22
23
24
25
26 B
27
28
29
30
April
May
June
Fractional Calender-2015
6. Sun
Mon
Tue
Wed
Thu
Fri
Sat
1
2
3 C
4
INDEPENDENCE DAY
5
6
7
8
9
10 D
11
12
13
14
15
16
17 E
18
19
20
21
22
23
24 F
25
26
27
28
29
30
31 A
Sun
Mon
Tue
Wed
Thu
Fri
Sat
1
2
3
4
5
6
7B
8
9
10
PGA CHAMPIONSHIP
11
PGA CHAMPIONSHIP
12
PGA CHAMPIONSHIP
13
PGA CHAMPIONSHIP
14C PGA CHAMPIONSHIP
15
PGA CHAMPIONSHIP
16
PGA CHAMPIONSHIP
17
18
19
20
21 D
22
23
24
25
26
27
28 E
29
30
31
Sun
Mon
Tue
Wed
Thu
Fri
Sat
1
2
3
4 F
5
6
7
LABOR DAY
8
9
10
11 A
12
13
14
15
16
17
18 B
19
20
21
22
23
24
25 C
26
27
28
29
30
JULY
August
September
Fractional Calender-2015
7. Sun
Mon
Tue
Wed
Thu
Fri
Sat
1
2 D
3
4
5
6
7
8
9 E
10
11
12
COLUBMUS DAY
13
14
15
16 F
17
18
19
20
21
22
23 A
24
25
26
27
28
29
30 B
31
HALLOWEEN
Sun
Mon
Tue
Wed
Thu
Fri
Sat
1
2
3
4
5
6 C
7
8
9
10
11
VETERANS DAY
12
13 D
14
15
16
17
18
19
20 E
21
22
23
24
25
26
THANKSGIVING
27 F
28
29
30
Sun
Mon
Tue
Wed
Thu
Fri
Sat
1
2
3
4 A
5
6
7
8
9
10
11 B
12
13
14
15
16
17
18 C
19
20
21
22
23
24
CHRISTMAS EVE
25 D
CHRISTMAS DAY
26
27
28
29
30
31
NEW YEARS EVE
October
November
December
Fractional Calender-2015
8. Fractional Calender-2016
Sun
Mon
Tue
Wed
Thu
Fri
Sat
1 NEW YEARS DAY
E
2
3
4
5
6
7
8 F
9
10
11
12
13
14
15 A
16
17
18 MARTIN LUTHER KING DAY
19
20
21
22 B
23
24
25
26
27
28
29 C
30
31
Sun
Mon
Tue
Wed
Thu
Fri
Sat
1
2
3
4
5 D
6
7
8
9
10
11
12 E
13
14 VALENTINES DAY
15 PRESIDENTS DAY
16
17
18
19 F
20
21
22
23
24
25
26 A
27
28
29
Sun
Mon
Tue
Wed
Thu
Fri
Sat
1
2
3
4 B
5
6
7
8
9
10
11 C
12
13
14
15
16
17
18 D
19
20
21
22
23
24
25 E
26
27 EASTER SUNDAY
28
29
30
31
January
February
March
9. Sun
Mon
Tue
Wed
Thu
Fri
Sat
1 F
2
3
4
5
6
7
8 A
9
10
11
12
13
14
15 B
16
17
18
19
20
21
22 C
23
24
25
26
27
28
29 D
30
Sun
Mon
Tue
Wed
Thu
Fri
Sat
1
2
3
4
5
6 E
7
8 MOTHERS DAY
9
10
11
12
13 F
14
15
16
17
18
19
20 A
21
22
23
24
25
26
27 B
28
29
30 MEMORIAL DAY
31
Sun
Mon
Tue
Wed
Thu
Fri
Sat
1
2
3 C
4
5
6
7
8
9
10 D
11
12
13
14
15
16
17 E
18
19 FATHERS DAY
20
21
22
23
24F
25
26
27
28
29
30
April
May
June
Fractional Calender-2016
10. Sun
Mon
Tue
Wed
Thu
Fri
Sat
1 A
2
3
4TH OF JULY
5
6
7
8 B
9
10
11
12
13
14
15 C
16
17
18
19
20
21
22 D
23
24
25
26
27
28
29 E
30
31
Sun
Mon
Tue
Wed
Thu
Fri
Sat
1
2
3
4
5 F
6
7
8
9
10
11
12 A
13
14
15
16
17
18
19 B
20
21
22
23
24
25
26 C
27
28
29
30
31
Sun
Mon
Tue
Wed
Thu
Fri
Sat
1
2 D
3
4
5 LABOR DAY
6
7
8
9 E
10
11
12
13
14
15
16 F
17
18
19
20
21
22
23 A
24
25
26
27
28
29
30 B
July
August
September
Fractional Calender-2016
11. Sun
Mon
Tue
Wed
Thu
Fri
Sat
1
2
3
4
5
6
7 C
8
9
10 COLUMBUS DAY
11
12
13
14 D
15
16
17
18
19
20
21E
22
23
24
25
26
27
28 F
29
30
31 HALLOWEEN
Sun
Mon
Tue
Wed
Thu
Fri
Sat
1
2
3
4 A
5
6
7
8
9
10
11 B
12
13
14
15
16
17
18 C
19
20
21
22
23
24 THANKSGIVING
25 D
26
27
28
29
30
Sun
Mon
Tue
Wed
Thu
Fri
Sat
1
2 E
3
4
5
6
7
8
9 F
10
11
12
13
14
15
16 A
17
18
19
20
21
22
23 B
24
25 CHRISTMAS
26
27
28
29
30 C
31 NEW YEARS EVE
October
November
December
Fractional Calender-2016
12. Benefits Of Fractional Ownership
Owningaluxuryhomeatafractionofthecost.Buyingaluxurysecondhomeentailsmanyexpenses.Theactualcostofthehomeisonlythebeginning.Propertytaxes,maintenanceandupkeepnottomentionthetimeandenergyrequiredtokeepthingsfunctioningandrunningsmoothly.
Factoringtherealisticamountoftimethatwillbespentatthesecondhome.Peoplebuysecondhomesformanyreasons,togatherfamily,torelax,toentertain,toescapebutunlessyouhavevisionsofretiringtoyoursecondhomechancesareunlikelythatyouwillspendmorethan1-2monthscollectivelyinthehomethroughouttheyear.Whypayfor100%oftheownershipandupkeepwhenthisistherealisticoutcome?
ManagementHassles-Throughthemodelofthefractionalownershipthehassleofworryingaboutyoursecondpropertyisremoved.Eachownerpaysasetportionofcoststocovertaxesandhomemaintenance.Themaintenanceisthenoutsourcedtoamanagementcompany.Worryingaboutcleaningwindows,poolmaintenanceorfixingtheleakingtoiletarenolongeryourconcerns.Allthehomeownersneeddoisstepintotheirhomeandrelaxandenjoy.Thedetailsarecoveredbythemanagementcompany…youshowuptoacleanhomeandleaveknowingthatsomeoneelsewillgetitreadyforthenextvisitors.Itmakesowningasecondhomevirtuallyheadachefree.
Itisasaleableasset.Youareinvestinginabeautifulhomewhereyoucancreategreatfamilymemories, entertainclientsandfriendsandrelax.Whenyoudecidethisisnolongeragoodfitforyourlifestyleorfamilyyoucansellyourfraction.Beingaluxuryfractionalownershipyouareopeningthepoolofinterestedandqualifiedbuyers.Thereisamuchlargerpoolofbuyerswhocanbuyinatthefractionalpricethanatthepriceofthepropertyinitsentirety.
14. Words Of Actual Owners
"We paid $400,000 for a fractional share of a $3 million lakefront home that we can use for six weeks out of the year, which is as long as we would use it anyway. It has a private beach and a boat dock, and you are sitting on the lake, all for $400,000. With all this," he enthuses, "why would you buy a complete home?" said Art Savage majority owner and CEO of the Sacramento River Cats as reported inWorth Magazine.
"It was very affordable, and the whole resort has the lifestyle amenities I'm interested in, I don't see a downside yet at all.'' said Tim Hoagland, of Los Gatos, CA as reported inThe Mercury News.
"I can't justify owning a place all year if I'm not going to spend much time there, " said Dennis Howe of Cornelius, N.C. as reported byVacation Homes Magazine.
16. What costs can each homeowner expect to incur?
Each homeowner would be responsible for the purchase price of their share at $625,000 each. In addition to that there would be monthly assessments to cover the taxes, management and upkeep. An early estimate of this would be approximately $1,000- $1,200.
This estimate is based on:
Yearly taxes= 36,000/12= 3,000 /6= 500 per ownerManagement & Upkeep costs= $3,000-$3500 per month
We could also offer A la carte services and options such as daily housekeeping during a stay, private chef services, driver services, etc. These costs could be billed based on a homeowner’s needs and requests and managed through the property management company.
Included in this estimate: 4 weeks of housekeeping @ 350 per week= 1400 per monthManagement costs per month= $500Pool maintenance= $100-$150 per month Pest Control= $50 per monthLandscape & Exterior Maintenance= $300 per monthGeneral Home Repair (Light bulbs, loose cabinets, leaky sinks, etc) = $150-$200 per monthCable= $300 per monthElectricity= $250 per monthPropane costs= $350 per month