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Episode 237: Austin Allison Discusses Revolutionary Co-Ownership Platform, Pacaso

The Real Estate Takeoff

Release Date: 07/16/2024

SPECIAL ANNOUNCEMENT: New Investment Opportunity! 20-Unit New Construction 800 Feet from the Ocean in San Diego show art SPECIAL ANNOUNCEMENT: New Investment Opportunity! 20-Unit New Construction 800 Feet from the Ocean in San Diego

The Real Estate Takeoff

Today, we are proud to present our exclusive investment opportunity for our 20-unit new apartment development on the border of Ocean Beach and Sunset Cliffs right here in San Diego, CA. This investment is open to all of our listeners so you can invest alongside us.  In this episode, we provide a sneak peak at what makes this rare opportunity such a great investment. If you've been listening to our podcast, you won't want to miss this one.  If you want to learn more about this investment, be sure to register for our live webinar on August 5th at 5:30 PM PT. , or you can copy and paste...

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Episode 237: Austin Allison Discusses Revolutionary Co-Ownership Platform, Pacaso show art Episode 237: Austin Allison Discusses Revolutionary Co-Ownership Platform, Pacaso

The Real Estate Takeoff

Follow Mike and Shawn on Instagram: Shawn: @shawn_dimartile Mike: @miketighe_ Episode Summary: In this engaging episode, Shawn DiMartile interviews Austin Allison, the innovative mind behind Pacaso, a burgeoning platform revolutionizing vacation home ownership. Broadcasting from Tuscany, Italy, Austin shares his journey from humble beginnings in Cincinnati, Ohio, to becoming a leading figure in real estate technology. He talks about his early ventures, notably DotLoop, and its acquisition by Zillow, and delves into his latest endeavor, Pacaso. This platform redefines second home ownership by...

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Follow Mike and Shawn on Instagram:

  • Shawn: @shawn_dimartile
  • Mike: @miketighe_

Episode Summary:

In this engaging episode, Shawn DiMartile interviews Austin Allison, the innovative mind behind Pacaso, a burgeoning platform revolutionizing vacation home ownership. Broadcasting from Tuscany, Italy, Austin shares his journey from humble beginnings in Cincinnati, Ohio, to becoming a leading figure in real estate technology. He talks about his early ventures, notably DotLoop, and its acquisition by Zillow, and delves into his latest endeavor, Pacaso. This platform redefines second home ownership by enabling co-ownership of luxury vacation properties.

Throughout the conversation, Austin elaborates on the inner workings of Pacaso. He explains how the model supports real estate investors in acquiring shares of high-value properties in prime locations for a fraction of the cost. Austin details the rigorous processes involved in managing these properties, from vetting and onboarding homes to ensuring seamless operation and maintenance, sidestepping common pitfalls associated with co-ownership. This episode is a must-listen for anyone intrigued by the future of real estate investment and the innovative solutions Pacaso offers to current market challenges.

Key Takeaways:

  • Transformative Co-ownership Model: Pacaso enables multiple owners to co-own luxury vacation homes, reducing costs and operational headaches

  • Broad Market Access: Pacaso operates in over 40 destinations globally, including the U.S., Paris, London, and Mexico, offering diverse property options

  • Seamless Management: Pacaso manages all aspects of the home, from maintenance to scheduling, ensuring a hassle-free experience for owners

  • Resale Opportunities: Owners can sell their shares through Pacaso’s marketplace, providing liquidity and flexibility similar to traditional real estate transactions

  • Growing Trend: Co-ownership is becoming more popular as housing affordability declines, allowing more people to enjoy the benefits of luxury property ownership

How to connect with Austin: 

Website: Pacaso

Instagram: @pacasohomes

LinkedIn:  Austin Allison

Learn more about Mike and Shawn: