How to Buy a Vacation Home with Family or Friends
Posted by Team Donovan on
Owning a vacation home gives you the freedom to get away when you want while creating a new source of income that supports your financial future.
But it can be a significant expense for some, limiting the number of people who can afford to buy a holiday home.Â
Buying a vacation home with family or friends is an alternative option to consider. It reduces your total investment cost while giving you the benefits that Clermont holiday homes provide.Â
When to Share a Vacation HomeÂ
Understanding when to share a vacation home is the first step to making the right investment decisions.Â
Shared home ownership can be a smart financial move when you want to take advantage of the growing vacation rental market.Â
Shared homes can be used in many…

Team Donovan enjoyed a record-setting year in 2017. The Orlando real estate firm sold over 210 listings, the most sales in its 13-year history. And it set an MLS (Multiple Listing Service) record for the number of listings sold by an agent. CEO and Real Estate Broker James Donovan attributes the strong showing in part to attractive exchange rates, which motivated many European owners to sell their vacation homes to U.S. and foreign investors for a profit.Â
One of Orlando’s newest and largest vacation home destinations has been honored by the Orlando Business Journal in the Top Hospitality Project category. The Grove Resort & Spa was recognized as the best project in the OBJ’s 2017 Structures Awards.