Flexible or fractional rental covers a huge range of ways in which long term flexible or fractional rental agreements can be set up to share an asset. Below are some examples based on property to give you some ideas, but the principles can be applied to boats, mobile homes, aircraft and just about any valuable asset.
I’ve been reading about “auction culture” recently and it seems particularly relevant to sharing.
Auction culture is one aspect of e-bay’s impact on buying decisions. People are increasingly aware that some luxury items can be sold after a year or so for a high percentage of the original price. So when they want a new version, or if they decide they don’t need the item after all, they know they can recover much of the original cost. This can make the item better value than something that actually costs much less. So buying a Louis Vuitton handbag can be more cost effective than is immediately apparent to many people (and all men). Or, as explained in Futureshop by Daniel Nissanoff , how a $750 stroller (£350 pushchair to us Brits) can be the cheapest child transport option
The terminology of car shared ownership can be confusing. Two common umbrella terms are car shared ownership and car fractional ownership: which simply mean any situation where there is more than one owner or user of one or more car(s).
Reproduced with kind permission of Canals and Rivers, May 2007.
Jackie Sherman and her husband were bitten by the boating bug after a holiday on the Kennet and Avon. This first part of a two part feature describes how they got into boating by going for a shared option.
It only took one week on a narrow boat, cruising down the Kennet and Avon towards Bath, for us to fall completely under the spell of this tranquil and unique form of transport. Knowing that we would want to repeat the experience, we spent the next few months investigating the best way to get ourselves back onto the water. There appeared to be three options – to hire, to buy and own shares in a boat.
Reproduced with kind permission of Canals and Rivers, June 2007.
Jackie Sherman and her husband were bitten by the boating bug after a holiday on the Kennet and Avon. This second part of a two part feature describes how they got into boating by going for a shared option.
This article is intended to give guidance on boat share syndicate ownership but is of course one person’s views on the subject.
With the rising costs of owning and keeping a boat there is an increasing interest in sharing the costs by joint ownership. I am not referring to time-sharing, i.e. buying two weeks’ use of a boat in the sun and forgetting it for the other 50 weeks – I just do not see how that can work. By joint ownership I mean a syndicate of two or three sharing the costs, the work, the worry and the joy of owning a boat. This syndicate can afford a larger ship without the worry of how it is getting on its mooring if they have not seen it for a week or two and without the guilt of all that money sitting doing nothing.
People can share land in many ways. Most common is simply allowing someone to use a section of your garden that you don’t use, in return for some of the fruit and vegetables grown there, or in return for looking after the rest of your garden. Here are the current landshare listings.
Bigger sections of unused land can be divided into several allotments. Larger areas of land, outbuildings or stabling can be used for livestock or horses.
A personal note from Sophie Garrett, who owns and runs yours2share: “I deliberated for months about creating a section to share dogs earlier this year. I had been asked repeatedly if yours2share enables people to share dogs: it has been raised more than any other category. Here are the current dog share listings.
Andrew A sold a 25% share in his 2010 Fairline Phantom 48 based in Cala D’Or, Mallorca, Spain a couple of months ago as a result of an ad posted on yours2share. The current motor yacht share ads are here.
This case study is about a French property which was sold in tenths by a regular yours2share advertiser Ginny Blackwell of FrenchPropertyShares.com. Ginny advertised shares for sale in Maison Bleue in Quarante, Languedoc, France in 2007 and 2008
Maison Bleu is a three storey, three bedroom, three bathroom village home in Quarante, a small historic village with all services, only 30 minutes from the Mediterranean beaches and near the Canal du Midi. Narbonne is 30 minutes drive and it is 45 minutes to Carcassonne, with easy connecting flights to London.
I spent much of last week puzzled by a huge increase in visitors to yours2share. I knew yours2share had obviously had a great mention somewhere, but where? ...
Another great mention for yours2share on Channel Four's Superscripmers last Friday. Here is more information about dog sharing and the latest list of dog sha...
