Hi everyone!
I'm new to the forum, so I hope this post is allowed.
My husband and I recently started a company manufacturing off-road, off-grid RVs (expedition vehicles) and we are considering offering fractional ownership. I'm wondering if anyone has experience with fractional ownership? If so, how was the experience? If not, would you consider it? Do you think it's a good idea?
I was thinking of offering 1/10 share starting at 2 weeks per year of vehicle usage, with the option of purchasing extended use. The owners would be in an LLC together for legal and insurance purposes.
I won't go into too much detail, because I'm sure advertising is frowned upon, but I would like some honest feedback before I get too fond of this idea.
Thank you in advance!
I'm new to the forum, so I hope this post is allowed.
My husband and I recently started a company manufacturing off-road, off-grid RVs (expedition vehicles) and we are considering offering fractional ownership. I'm wondering if anyone has experience with fractional ownership? If so, how was the experience? If not, would you consider it? Do you think it's a good idea?
I was thinking of offering 1/10 share starting at 2 weeks per year of vehicle usage, with the option of purchasing extended use. The owners would be in an LLC together for legal and insurance purposes.
I won't go into too much detail, because I'm sure advertising is frowned upon, but I would like some honest feedback before I get too fond of this idea.
Thank you in advance!