6 ms·

It seems like that could be solved by having a cleaning service visit between each stay to inspect the property and prepare it for the next guest.

altcognito 5y ago
Cleaning services aren’t going to be enough. And the “owners” are going to get into a long discussion about who is responsible for specific depreciations of value (drywall punched out for example) Hell, I’m happy with the way I take care of my house but I guarantee you at least 1/4 of people on my street are not.
- ghaff 5y ago
  Especially with a high value house, I can pretty much guarantee you that you'll have people who are mostly OK with the house looking a bit lived in and various maintenance and other work deferred a bit and others who expect every little paint blemish to be fixed this minute. I specifically decided not to jointly own my dad's house with my brother when it needed to be rebuilt after a fire. (He moved to a retirement community.) And it was definitely the right choice as there were definitely things we would have wanted to do differently.
cool_dude85 5y ago
This kind of deal seems like it has to be extremely low-cost for an actual stay. You're already paying an annual fee to Pacaso, now every time you want to go, you're paying $200 for cleaning? Very soon it just makes sense to get a hotel, where you don't front out $100k just to walk in the door.
- rootusrootus 5y ago
  Same as any timeshare, as far as I can tell. My manager is big into timeshares himself, has two (side by side, even, in neighboring buildings on the same Hawaii beach), and extolls their virtues. One time while he was talking them up, I asked for more details and then started googling while we were on the call. I just don't see the draw of it. He goes to Hawaii the same time each year, every year. Gets the same condo, but cannot leave anything there. Pays per-night fees that are pretty close to what it would cost to just rent, on top of annual fees, on top of the initial $75K he spent to 'buy' it in the first place. Even buying them used for pennies on the dollar, it does not seem like any sort of good deal. I could get one for free, and I think my money is better spent renting a hotel room when I want to visit Hawaii.
bell-cot 5y ago
Talk to someone who has been (or worked for) a residential landlord at any scale. "Trashed" very often includes real damage - not just stuff that can be swept away into Molly Maid's mop bucket, vacuum cleaner, and garbage bag.
ricardobeat 5y ago
Add to that an app for scheduling. Congratulations, you invented Pacaso :)

altcognito 5y ago

Cleaning services aren’t going to be enough. And the “owners” are going to get into a long discussion about who is responsible for specific depreciations of value (drywall punched out for example) Hell, I’m happy with the way I take care of my house but I guarantee you at least 1/4 of people on my street are not.

ghaff 5y ago
Especially with a high value house, I can pretty much guarantee you that you'll have people who are mostly OK with the house looking a bit lived in and various maintenance and other work deferred a bit and others who expect every little paint blemish to be fixed this minute. I specifically decided not to jointly own my dad's house with my brother when it needed to be rebuilt after a fire. (He moved to a retirement community.) And it was definitely the right choice as there were definitely things we would have wanted to do differently.

cool_dude85 5y ago

This kind of deal seems like it has to be extremely low-cost for an actual stay. You're already paying an annual fee to Pacaso, now every time you want to go, you're paying $200 for cleaning? Very soon it just makes sense to get a hotel, where you don't front out $100k just to walk in the door.

rootusrootus 5y ago
Same as any timeshare, as far as I can tell. My manager is big into timeshares himself, has two (side by side, even, in neighboring buildings on the same Hawaii beach), and extolls their virtues. One time while he was talking them up, I asked for more details and then started googling while we were on the call. I just don't see the draw of it. He goes to Hawaii the same time each year, every year. Gets the same condo, but cannot leave anything there. Pays per-night fees that are pretty close to what it would cost to just rent, on top of annual fees, on top of the initial $75K he spent to 'buy' it in the first place. Even buying them used for pennies on the dollar, it does not seem like any sort of good deal. I could get one for free, and I think my money is better spent renting a hotel room when I want to visit Hawaii.

bell-cot 5y ago

Talk to someone who has been (or worked for) a residential landlord at any scale. "Trashed" very often includes real damage - not just stuff that can be swept away into Molly Maid's mop bucket, vacuum cleaner, and garbage bag.

ricardobeat 5y ago

Add to that an app for scheduling. Congratulations, you invented Pacaso :)