Co-Own a Vacation Home Your Way

Align your group. Share the costs. Own your home.

Own with family and friends

See if you’re really compatible.

Owning a vacation with family and friends can be a wonderful experience but it’s important to make sure you’re aligned. Start your co-ownership journey off on the right foot. 

*Currently for NC Beaches

Compatibility Quiz noting how group will pay for fractional ownership vacation home

Affording your dream

Fractional ownership calculator per share details example

Co-ownership makes it financially possible for you to enjoy vacation ownership, on your budget and on your terms.

Use our easy calculator to see just how affordable your dream vacation home can be!

Find a group… or start one!


Check out public group proposals and locations in our marketplace.

Start your Own Group

Describe your vacation home and usage privately with family or friends, or team up with well-vetted allies. Whether for creating memories, an investment or both—it’s easy!

Free to initiate a proposal
Takes <5 minutes.
Concierge guidance, if needed.

Co-owner Stories

Did you know that there are over 2 million co-owned vacation homes in the US? It is one of the most common ways to make second homes affordable and accessible. Here are three Plum clients sharing their experiences with co-ownership, and how Plum helped make it possible.

Entrepreneurial Mom Recruits Beach Group

Jenn wanted a beach home, so she recruited a group of co-owners to buy one.

Friends Form Group to Buy Mountain Home

The Mathiases partnered with 3 other families to co-own the mountain home of their dreams.

Sibling Harmony in Inherited Lake Home

Katy and her siblings inherited a lake home and turned to Plum to make co-ownership easy.

$175k in 1 Minute: Watch the Elevator Pitch

Plum CEO Matt Williamson competed on Entrepreneur Magazine’s Elevator Pitch, and won a shot at a $175k investment from Netflix’s 1st CEO, Marc Randolph. Check out the exciting pitch and the big win!

Some tough questions:

  • Is this just “sexy timeshare?”
  • Aren’t there already other co-ownership start ups trying this?
  • How will you scale the legal and operational aspects of managing co-owners?

Frequently Asked Questions

In the simplest language, what does Plum do?

We help people form co-ownership groups and then help them get Real Estate Agent Ready™ by solving all of the hard things upfront (building the right legal agreements, agreeing to house rules, setting up the budget, understanding the maintenance schedule, and fairly allocating vacation days). 

Once the group has bought a vacation home together, we make it easy to manage that property with maintenance schedules, concierge services, vacation scheduling, streamlining the finances (including the reserve fund!), and we even offer dispute resolution for that occasional disagreement about whether to buy that hot tub!

What does "co-owning" a vacation home mean?

Co-owning a vacation home refers to a situation in which two or more people jointly own and share the use of a vacation property. This can be a cost-effective way for individuals or families to purchase and enjoy a vacation home, as it allows them to share the costs and responsibilities of ownership.

Co-ownership arrangements can vary widely, but some common features include:

  • Joint ownership: Co-owners hold legal ownership of the property together and may be listed on the title or deed as co-owners.
  • Shared use: Co-owners typically agree on a schedule or schedule in advance to determine when each person or group has access to the property.
  • Expense sharing: Co-owners may divide the costs of owning and maintaining the property, such as mortgage payments, property taxes, insurance, and repairs.
  • Decision-making: Co-owners may need to come to a consensus on major decisions related to the property, such as renovations or selling the property.

Plum Co-ownership helps co-owners have a clear understanding of their rights and responsibilities as co-owners, and to create a written agreement in place outlining the terms of their co-ownership arrangement. This can help to prevent misunderstandings or disputes and ensure that the co-ownership arrangement runs smoothly.

Is Plum a timeshare or is it something like Pacaso?

With a timeshare, you are simply buying “time”. With Plum CoOwnership, you are efficiently buying a fraction or share of a complete vacation home and your usage and equity is equal to your share percentage. Of course, your share price can vary based on the property sale price and number of co-owners. Regardless, this type of investment asset is likely to increase in value over time versus a timeshare which depreciates over time.

Timeshares are usually condos at a vacation resort, whereas you can co-own a home in any neighborhood in a vacation destination. Typically, timeshares offer limited flexibility with your designated vacation period. Plum CoOwnership, on the other hand, offers greater flexibility in scheduling your vacation. Moreover, you are not allowed to rent or Airbnb your timeshare. With Plum, the group has the option to rent and they can make that determination, subject to local rules and regulations.

Pacaso is an established leader in ultra-luxury property co-ownership where they purchase vacation homes and then sell 1/8 shares. Plum differs by aligning co-buyers through a shared technology platform and then enabling access to matched and available vacation properties. Pacaso only offers access to the properties from their own robust acquired real estate portfolio. High net-worth individuals then compete for select Pacaso homes vs. Plum’s mass affluent customers that have access to properties anywhere.

Learn more with our fractional ownership comparison of timeshares, Pacaso and Plum.

How many co-owners are there per home?

That’s up to you!  In our experience, we generally see groups of 3-4, and sometimes groups of 8-10.  The groups who aim for 3-4 owners usually think of the property as a comfy getaway where they can leave some of their belongings and have high availability and flexibility.  The groups of 8-10 generally like to be able to go to the same place, have the comfort and familiarity of a single home, and value very affordable ownership shares, but treat the property a bit more like a “check in, check out” experience.

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