Sherpa Report: Adding Value Through Remodeling at Equity Residences

Recently, we were featured in a Sherpa Report article, highlighting our expertise in renovations that lead to increased equity and higher rental rates.

Our management team has always believed that delivering value to investors starts with acquiring the right vacation homes, in the right locations, at the right time, at the right prices. Sometimes we buy these homes, like theMauna Lani Resort Villas in Hawaii or the North Star Resort home in the California’s Lake Tahoe area, directly from developers at pre-construction prices. These homes require no upgrades and are ready for investors as soon as they are purchased.

Other times, our team finds diamonds in the rough that require extensive upgrades and remodels before investors can enjoy their first vacation experience. Our first fund, the Equity Villa Fund, took advantage of short sales and foreclosures after the 2008 financial crisis, acquiring well-located but neglected homes for cents on the dollar. These residences were then transformed into luxury accommodations for investors, creating millions of dollars of equity prior to occupancy.

Read the full Sherpa Report Article here to learn more about our latest remodels in Anguilla, Turks and Caicos, and Barcelona.