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Comment by codersfocus | Hacker News Reader

Yes, this is the correct way to do timeshares.

I've thought of making a portal connecting people like this before, especially digital nomads.

Find a group of DNs who like the same countries as you (think a circuit), pool money to buy property in the 3 or 4 countries, then just hop over.

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To be honest, pooling money with strangers to buy property sounds like a recipe for disaster. But then I'm sure I'm not the target demographic.

Sounds like a dream to me, as I live my life on a 3 city rotation like this. Practically speaking, I just rent a house seasonally which is not so hard to do. There’s a small premium, but then I get to keep my equity in the market instead. A lot less headache and someone else gets to worry about the hurricane heading right for my Oct to Jan rental.

A nomad style appeals to some people for a (often short) window in their lives. As you say, mixing that up with a bunch of property ownership seems a lot less appealing as a practical matter.

Plus, several times now we have changed one of our bases for a new city. Much easier to call up a short term rental agency and get a new furnished rental.

This is an area I’m passionate about and am willing to start something if I can see the demand. Setup a form here if you want to reply: https://forms.gle/A6u433hGYSsybeig6

The equity part is a good point. I think the math can work out so that it’s similar to the existing buy vs rent issue people have for a main house.

The feature you need to emulate from this example is not the LLC without a scammer in the spanner, it's the fact that they're all friends.

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