Our new Napa home Our family was looking into a vacation property. We didn't need or want a 365 home. What we did want is a large really nice home in a location that allowed us to lure friends and family to gather. We didn't want the obligations associated with second homes either, such as management, upkeep, bills etc. Pacaso offered exactly that

This concept is simply incredible! This concept is simply incredible! I've purchased two units on two separate properties. One is in Park City and the other is on Newport Beach peninsula. The properties are amazing, well furnished and completely turn key. Instead of the seller renting out to air bnb daily or weekly renters Pacaso limits to just 8 owners. True owners on title. The level of care that brings from just 8 owners as opposed to hundreds of random renters over time helps keep the local community stable and thriving. I can not thank Pacaso enough for this concept that brought homes financially out of reach within the grasp of my family.

We love our Pacaso We love our Pacaso. We are 30 minutes from home but feel a world away. We arrive to an immaculate home, with every detail looked after. Fresh ocean breeze, 180 degree views of the Pacific, sounds of the waves, beautiful sunrises and sunsets, direct access to the beach….its a magical place for our family to spend time together and create memories.

This is the model for us! Pacaso has a very different model that fits us perfectly. I can't afford 100% of the type of home that would be right for us, and couldn't use it enough to justify the expense anyway. And, I've seen too many instances where the second home owners spend so much of their time on upkeep and maintenance, not enjoying their time away from daily life. We're excited about our Pacaso adventure.

Bait and Switch Initially we loved Pacaso. We loved our home and the staff was always responsive. Then after a year, they assessed each home owner approximately $8K as they didn't budget accurately. On top of that, they increased our monthly payment by 65%!! It's a real bait and switch where they lure you into ownership and then assess you a huge amount at the end of the year (no forewarning whatsoever), and then greatly increase your monthly fee. At a time when inflation is less than 4% how in the world can they justify a 65% increase?