Common Hesitations Around Second Home Ownership— and How Summer is Reducing the Friction

July 1, 2022

We understand that there exists a list of hesitations– reasonable ones– that can make it difficult to take the plunge. As a team of people who are fully aware of the uncertainty nearly everyone experiences when it comes to homeownership, we’ve built each and every part of Summer’s business model to reduce discord around these barriers.

As a team of people who are fully aware of the uncertainty nearly everyone experiences when it comes to homeownership, we’ve built each and every part of Summer’s business model to reduce discord around these barriers.

“Each trip to your Summer home will require far less effort– and far less money out of your pocket."

“Typically, folks don't move forward with a home purchase for one of three reasons,” explains Summer Cofounder, Woods Buckley: “High upfront cost, time necessary to search, purchase, and manage, and uncertainty about the property as an asset class. Summer is specifically designed to reduce friction across all 3 buckets.”

“High upfront cost. Time necessary to search, purchase, and manage. Uncertainty about the property as an asset class. Summer is specifically designed to reduce friction across all 3 buckets.”

One of the most commonly-reported appeals of purchasing an investment property is creating generational wealth. “You take risks when buying a second home, both in terms of your hard-earned savings and in the time spent managing the home,” says Kyle Jessey, Summer’s Head of Finance. “With Summer, our acquisitions team partners with you from day one, so you can be sure you’re not buying that dreaded money pit. Once you buy– or partner with us to try before you buy-- you can count on us to be your trusted property manager. We take the headache out of buying, renting out, and managing a second home. Each trip to your Summer home will require far less effort– and far less money out of your pocket."

“There are many learnings– built around years of research– around what makes a good property, what items every rental needs, and how to best market and price a rental.”

“Is it a worthwhile investment? Will the home actually rent well?” Trust us, we get it! But as Summer Cofounder Paul Kromidas explains, running a short-term rental for income is actually quite different than people tend to think. “There are many learnings– built around years of research– around what makes a good property, what items every rental needs, and how to best market and price a rental,” he says. “Summer aims to relieve folks of the stress and uncertainty… and help them gain real ownership in their home while doing it.”

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