The benefits of owning real estate in a LLC

Shared ownership of real estate isn’t a new concept. In some cases, second home co-ownership happens through inheritance, when beneficiaries agree to share a family vacation home. Other times, it’s intentional — friends or relatives may pool their resources to purchase a second home as a more affordable alternative to buying one outright. In either case, owning a second home thorough DIY co-ownership often comes with hidden real estate challenges. Families change, friendships wane, people move, and priorities shift — all of which can add stress to home management and decision-making. Disagreements over schedules, costs, or even decor can escalate over time, straining both finances and relationships. Before you buy together, it’s important to understand what can go wrong. Many DIY co-owners make the mistake of putting multiple names directly on the property deed. While this can seem like the simplest way to share ownership, it can actually create personal liability. If a dispute arises or one co-owner defaults on payments, everyone’s personal assets may be at risk. Creating a clear LLC co-ownership operating agreement can help separate ownership from individuals, but creating and managing that structure correctly takes time, legal coordination, and ongoing oversight — responsibilities that can easily become burdensome for casual co-owners. Most informal co-ownership arrangements begin with good intentions but lack a formal operating agreement. Without one, there’s no clear roadmap for decision-making or conflict resolution. Co-owners may disagree about home management, maintenance costs, decor choices, or guest use, and those gray areas can quickly strain relationships. An operating agreement for second home co-ownership should spell out everything from who pays for what, to how the home can be used, to what happens if someone wants to sell their share. Without these guidelines, misunderstandings and tension are almost inevitable, especially when personal relationships overlap with shared financial commitments. Even the best relationships evolve over time. Divorce, job changes, or relocations can leave one co-owner wanting out. Without formal exit procedures, selling or transferring a share can become complicated and lead to other real estate challenges. When you enter a second home co-ownership agreement, you’re likely choosing people you trust and feel aligned with financially. But circumstances change. A once-stable co-owner may face unexpected challenges or simply lose interest in maintaining a shared property. Without a structured plan for how to handle those changes, an informal arrangement can quickly become a financial or legal headache. Sometimes second home co-ownership isn’t planned at all — it happens through inheritance. When multiple family members inherit a property together and take no formal action, they typically end up in an ownership structure called a tenancy in common. This means each heir has equal rights to use the property, regardless of their financial contribution. Without clear agreements in place, disputes can arise over who gets to stay when, how expenses are shared, or what happens if one person wants to sell. These disagreements can strain family relationships and, in some cases, lead to costly legal proceedings. Owning a second home with others might seem simple at first, but home management can quickly become a full-time job. DIY co-ownership means coordinating everything yourself — from cleaning and repairs to bills, vendors, and scheduling. When multiple owners are involved, even routine decisions can become complicated. Without a neutral party overseeing operations, disagreements may arise about which vendors to hire, how to split expenses, or who’s responsible when something goes wrong. Over time, these small frustrations can snowball into major conflicts, turning what was meant to be a relaxing getaway into a source of stress. Forming an LLC co-ownership structure on your own can help reduce some of the legal, financial, and emotional risks of second home co-ownership, but managing it yourself still takes time, coordination, and expertise. From finding trustworthy co-owners to setting up the LLC and handling ongoing home management, DIY arrangements can quickly become overwhelming. That’s where Pacaso comes in. We bring together qualified buyers, handle every aspect of the sale and LLC formation, and professionally manage the home so you don’t have to. Owners enjoy equitable scheduling, transparent finances, and a seamless experience backed by Pacaso’s expert team. With Pacaso, you focus on what truly matters — browsing picture-perfect listings, choosing a home you love, and enjoying every stay. We make second home co-ownership simple, secure, and turnkey.

Dreaming of expanding your real estate portfolio by adding a We crunch the numbers to estimate how much home you can afford and how much cash you’ll need, calculate the down payment and share helpful tips to explain what a down payment is and help you discover your ideal down payment. How to use the down payment calculator To use our house down payment calculator, you’ll need to pull together some financial data, enter it into the calculator and review your results. Here’s how to use the down payment calculator. Step 1: Gather home data  Assemble the financial information relevant to the home you want to purchase. Here’s what you need: Step 2: Enter your data into the calculator Next, you’ll enter your data into the house payment calculator. Double-check that you’ve inserted your information correctly since these inputs will affect your results. When you are ready to review your results, click “Calculate.” Step 3: Review your results Once the calculations are complete, it’s time to see how much down payment you can afford for this home price. Now that you know how to calculate down payment estimations with our calculator, let’s explore the manual way to calculate down payments. How do I estimate a down payment manually? Here’s a step-by-step walkthrough of using a down payment estimator to help you determine if you can You can use this process to calculate how much a down payment is on a house. How much should I put down on a house? You’ve likely heard that a standard down payment is 20% of the total home price, but that isn’t always the case. While a 20% down payment allows you to avoid paying Private Mortgage Insurance (PMI), there are other options available depending on the type of loan you select.  While a smaller down payment can help you get into a new house faster, you’re likely to have higher monthly payments and accrue more interest over time. Putting more money down up front can reduce your total loan balance and interest, more quickly eliminate (or avoid) PMI and start building equity. A mortgage down payment calculator can help you find the best option for your situation. What to look at when calculating a second home down payment When A down payment calculator can help you quickly understand if your ideal home is within reach or if you need to make financial adjustments to prepare for your next home purchase. Make financing a second home attainable If you want to Plus, Pacaso handles the details so you can focus on enjoying your home.  Scheduling is easy and equitable, and each Pacaso home is taken care of by a dedicated property manager, giving you a hassle-free and turnkey experience throughout the year.

Buying a vacation rental can make adventure (or relaxation, depending on how you like to vacation) a regular part of your life. Not only do you end up with a place that’s easily available for a getaway, but you can also bring in passive income by renting it to others.  However, buying a vacation rental isn’t all fun in the sun — it can be a major commitment both financially and time-wise. Before you make a vacation home investment, it’s crucial to understand the process and options. In this guide, we walk through five steps to investing in vacation rentals. We also share why co-ownership with Pacaso is an even better option. 1. Choose the right location To hone in on the right location, research tourism demand. Consider whether the area is a popular You should also understand the Finally, get clear about how often you hope to use the space yourself. Think about whether you hope to visit frequently or if you’re more likely to keep it rented out for passive income. This is an important consideration — not just logistically but also because of tax and financial implications. 2. Run the numbers Prior to buying a vacation property, crunch the numbers to understand whether you can Vacation rental income When it comes to what you’ll bring in, consider the possible return on your investment, including: Be conservative in your projections. Remember that income from a vacation rental can fluctuate by season, and the success of your rental depends on factors such as competition, marketing and reviews. Vacation rental expenses Next, think about the potential expenses of owning a vacation rental. These may include:  3. Secure financing  Financing a vacation rental can be more complicated than purchasing a primary home. Prepare for a And just like with any home purchase, plan for additional costs, including: 4. Understand legal and tax requirements  Look into the unique legal and tax requirements of the local area. Some locales require operating permits or occupancy taxes, and in most cases, you’ll be on the hook for different tax rates for an investment property than for a primary residence.  It’s crucial to have proper insurance coverage, too, so ensure your policy covers short-term rentals. Many homeowners insurance policies don’t include this as a matter of course, so do your due diligence.  And finally, if your property is part of an HOA, you should understand the bylaws and rules to make sure you’re permitted to rent out the unit. If your prospective vacation rental is outside the country, be sure to look into laws and taxes for international buyers before making a commitment. 5. Manage the property After you’ve selected a property and made the purchase, decide how you’ll manage it. You might choose to manage it on your own, which can be time-consuming: you’ll be responsible for all communication with guests, booking, marketing and maintenance.  Another option is to hire a property management company, which can be more expensive but simplifies the process and takes the work off your hands. Keep track of your income, expenses and taxes to ensure you’re compliant with regulations. You may also want to consider additional vacation rental insurance that helps protect against liability issues or damage from guests. Buying a vacation rental vs. co-owning with Pacaso Buying a vacation rental can be rewarding, but it also brings risk, including financial and logistical challenges as well as quite a bit of work to keep everything running. This can quickly turn your relaxing haven into a demanding second job. Pacaso offers a way to own a With Pacaso’s co-ownership model, you pay a fraction of the cost and share expenses with fellow co-owners, giving you a beautifully designed and furnished home with dedicated support: Pacaso provides a team to help before, during and after your stay.  You’re able to book a stay simply via the Pacaso owner app, and many co-owners visit their vacation homes six to seven times a year. But if you someday decide to move on, you can sell your shares. Historically, shares have sold for an average 10% gain, so you can come out ahead. Simplify your vacation home dreams with Pacaso Buying a vacation rental sounds appealing, but the downsides might make you think twice. If you’re still dreaming of a way to buy vacation rental property, consider Pacaso.  Pacaso offers turnkey luxury at an affordable, shared cost — we even Ready to find your dream vacation home? Check out our

Now that you own a vacation home, it’s time to learn how to properly care for your asset. Our vacation home maintenance checklist includes the weekly, monthly, quarterly and annual tasks that will keep your home in pristine condition, as well as a remote maintenance checklist so you can manage things from afar.  Knowing how to maintain a vacation home means staying ahead of major shifts in temperature, weather patterns and potential repairs. We’ll cover seasonal to-do’s you should know, plus helpful tips to consider while using our vacation house checklist. If second home care isn’t something you have the bandwidth to tackle on your own, consider becoming a The ultimate vacation home checklist for routine maintenance With the help of our vacation home maintenance checklist, you’ll be able to stay on top of your home’s essential tasks year-round. To use the checklist: Whether your Below, we’ll cover what maintenance tasks you need to complete in each time frame. Weekly vacation home maintenance Performing these maintenance tasks every week can help keep your vacation home in great shape. If you’re unable to tend your vacation home weekly, consider hiring a Monthly second home care Some vacation home maintenance responsibilities don’t require your weekly attention. Complete these tasks every month to keep your vacation home running smoothly: Seasonal home maintenance checklist  No matter what Yearly vacation home maintenance checklist  At the beginning or end of every year, it’s important to assess any damage your vacation home may have endured. While you’re at it, complete the following maintenance tasks to prevent further wear and tear: Absentee maintenance checklist  If you Remote maintenance checklist Even when you’re miles away, staying connected to your property helps keep everything running smoothly year-round. From smart technology to professional services, here are simple ways to maintain your home remotely and keep it in top condition. Second home property management  Between seasonal upkeep and annual inspections, managing your property can quickly become overwhelming. That’s where a trusted partner like Pacaso makes all the difference. With Pacaso, you enjoy the benefits of second home ownership without all the hassles. Explore what co-ownership of a fully managed vacation home can offer you and your family. Each Pacaso home is equipped with a dedicated Does managing a second home seem overwhelming? Explore what co-ownership of a fully managed vacation home through Pacaso can offer you and your family. Each Pacaso is equipped with a dedicated property manager, allowing you to prioritize the enjoyment of

There are far better vacation options, including: Let’s explore each alternative and explain how it differs from the typical reasons not to 1. Second home co-ownership  Second home co-ownership is when a property is jointly owned by multiple people. Buying a vacation home is a greater upfront expense than a timeshare, but you don’t have to be the sole owner. With this timeshare and Whether you’re buying with a group of friends or buying a Pacaso second home, you still have true real estate property ownership. You’re not just buying the right to use a hotel or condo-sized space for a set period. Timeshares are notoriously difficult to sell due to the many rules and limitations owners must abide by. The timeshare is also one of many identical units, creating an imbalance between supply and demand. On the other hand, unique homes attract buyers who must compete against each other in the whole housing market.   Browse a plethora of luxury co-ownership options all over the world with Pacaso’s 2. Vacation rentals Vacation rentals are furnished spaces that are rented out on a short-term basis. Airbnb is as popular as ever, with 265 million users and over 7.7 million listings, according to Lighthouse. People choose vacation rentals because renting a property from a private owner is often cheaper than comparable hotel rooms, and they often give travelers added perks like kitchens and convenient locations. However, vacation rentals can come with charges like cleaning fees, sometimes making them even more expensive than hotels.  Vacation rentals are considered preferable alternatives to timeshares because they give greater flexibility in where and when you can vacation. You’re only paying for specific days, so you aren’t on the hook for yearly fees on top of the purchase price of a timeshare.   Timeshare owners often sell their timeshare days when they can’t use them, giving vacationers the option to visit the same timeshare facility without the long-term commitment.  3. Hotels Although Hotels often provide discounts to certain groups (like the military and AAA) or offer discounted rates throughout the year, making them even more affordable. Some hotel chains offer rewards programs, so the more you stay there, the more you get back. 4. Hostels  A hostel is a budget-friendly alternative to hotels with dormitory-style rooms and communal areas. They’re ideal for backpackers and young travelers seeking a social vacation where they might meet people from all walks of life.  Hostels are typically sparse in accommodations compared to timeshares, but the trade-off is worth it for people who enjoy different locations every year. You can find various types of hostels on apps and sites like Booking.com. In a budget hostel, you may stay in a room with six or more people. A boutique or luxury hostel may offer more upscale vibes and cleaner amenities, while party hostels host social activities and late active hours.  5. Resorts Resorts offer an all-inclusive appeal of many of the best timeshares, such as private beach access, live entertainment, gourmet food and guided tours. You’ll spend less time planning all the details of your vacation, leading to less stress and more time enjoying your break.  Just like hotels, resorts give you the flexibility to stay for longer or shorter durations than a timeshare. You won’t be boxed into traveling at predetermined times of year, and you can visit whenever you want. One example of a famous luxury resort is the Four Seasons Resort Hualalai in Hawaii, which boasts many amenities like spas, pools, beach access, multiple restaurants and exceptional customer service. 6. Travel clubs Travel clubs offer group travel rates to various destinations. Travel clubs operate similarly to timeshares and vacation clubs, while being slightly more affordable. Travel clubs require yearly membership fees, and some clubs also charge maintenance fees. These combined costs are often lower than those of vacation clubs. The benefit of travel clubs is that they arrange for group rates, making your stay cheaper while giving you the benefit of travel companions. Oftentimes, the club is centered around a shared trait, like a hobby or age group.  Aside from the social aspect of travel groups, travel clubs also free you from long-term commitments. Even the cost of an inexpensive timeshare begins to add up over the years if you aren’t able to sell it. Since membership in a travel club is yearly, you’ll only lose what you’ve already spent.  7. Vacation home ownership One big draw of owning a timeshare is the dependability of returning to the same destination year after year while avoiding the rising costs of accommodations. Buying a second home in a vacation destination gives you those same benefits and more.  Unlike a timeshare, buying a vacation home gives you real equity in the property, so you have the potential to recoup the money you put into it over the years. Timeshares rarely appreciate in value, and due to the many When you have your own vacation home, you have the freedom to use it as much as you want. In contrast, most timeshare options only allow you to use them once per year and have fixed scheduling limitations.  8. Vacation clubs Vacation clubs are travel services that offer members access to different vacation locations and amenities within their network of affiliated properties. For example, a Holiday Inn Club membership works by purchasing credits. However, many clubs have blackout dates that restrict your ability to travel unless you pay more money. Depending on the club you join, it could cost more per year than even luxury timeshares, but you’ll have easier access to multiple destinations. 9. Fractional ownership Fractional ownership is a collaborative investment where multiple parties share ownership of a vacation property. Each investor maintains specific ownership rights and entitlements to the asset based on their contribution. Fractional ownership is similar to vacation home co-ownership in that you can schedule specific usage times and/or access to different parts of the property.  Splitting the costs of a vacation home comes with benefits like owning a home in a luxury location that you might not otherwise be able to afford. You also share upkeep and maintenance costs. However, it also means all major decisions must go through all ownership partners. You’re also splitting benefits, leading to potential disagreements between owners. How to resell your timeshare?  As you browse timeshare exit vacation alternatives, you may wonder how to best get out of a timeshare. Though it can be difficult, there are a few ways to resell your timeshare. Here are some options: Consider second home co-ownership These timeshare alternatives may help you avoid a major scam and stick to your original goal of enjoying a beautiful vacation with your loved ones.  Unlike a timeshare,

Whether you're applying for a mortgage for your first or second home, a letter of explanation can be vital to qualifying for home loan funding. If an underwriter requests a letter of explanation, welcome it as an opportunity to clarify your financial situation and clear up any confusion about your credit history or assets. A letter of explanation is particularly useful when an underwriter has concerns during the loan or mortgage application process. It addresses issues such as past bankruptcies or gaps in employment, ensuring a transparent and comprehensive understanding of the applicant's financial standing. Underwriters examine your financial history and determine if you qualify for the home loan you’re applying for. Since loan applications don’t include space for explanations, an underwriter may request that you submit a letter of explanation as evidence that you meet the funding criteria. Why do you need a letter of explanation? There are several reasons why an underwriter or mortgage lender may request a signed letter of explanation, particularly when it comes to a Here are some of the most common reasons you may need to write a letter of explanation. 1. You have a poor credit history Your credit history helps lenders know how you’ve handled debt in the past. The following red flags can potentially indicate poor debt management and may require a letter of explanation: If your credit score is low, it may be in your best interest to have a letter of explanation on standby. Share how you got negative marks on your credit history, and explain why you are still a good candidate for the loan. 2. You don’t have rental history Ideally, lenders want to see that you have a consistent rental history for the last 12 months. This reassures them that you will be able to handle regular mortgage payments.  If you have a gap in your rental history, explain the cause. Caring for a family member or recovering from an accident are possible explanations for a rental hiatus. 3. You have employment gaps Similar to your rental history, lenders prefer to see consistent employment in the year before your loan application. This shows the lender that you have the income to make regular mortgage payments. A lender can be flexible when they know more about the circumstances that led to an employment gap. Being laid off or raising children are possible explanations for the lack of recent work experience. 4. You report different addresses If the address on your driver’s license does not match the address on your loan application or credit report, a lender may ask you to explain the discrepancy. 5. Your income is inconsistent Underwriters will carefully review your income. If it fluctuates often, they may request a letter of explanation. If you are self-employed, your accountant may also have to write a letter of explanation to verify how you generate your income. You might also find it helpful to use a 6. You work remotely If your remote career is tied to an address in a city or state that is different from where you are buying a home, especially if that home is intended to function as a second home office, a lender may request that your company provide a letter of explanation verifying that your job (and income) will not be affected by your move. This situation is becoming increasingly common with the rise of “ 7. You have substantial losses on your tax return If you are a self-employed business owner or independent contractor, it’s normal to file losses on your first few tax returns. A lender may request a letter of explanation to ensure that these losses will not be recurring or affect your ability to make regular mortgage payments.  8. You cosigned a loan In the event that you cosigned a loan, a lender will want a letter of explanation stipulating that you are not the one making the payments. This can apply to student loans, auto loans and mortgages, even for a 9. You opened a new credit account If you open a new credit account while applying for a mortgage loan, a lender may suspect that the debt could affect your ability to repay your loan. Remember that the underwriter will also review your finances during closing, so hold off on opening new lines of credit until the sale is complete, if possible. 10. Your family members are on your bank statements If multiple people appear on your bank statements, like parents or children, you will need to write a letter explaining that you’re in control of the funds being used to pay for your new home. Anyone who helps you with the down payment of the home will also be responsible for writing a gift letter of explanation. 11. Your accounts are under fraud alert A lender will want to know that you’re aware of any suspicious activity on your credit report. If your accounts are under fraud alert or your credit is frozen, prepare a letter of explanation that outlines how you will regain control of your finances. How to write a letter of explanation step by step Before you write a letter of explanation for a mortgage, you’ll need some information first. Some of this you’ll have readily available (like your name), but you might have to gather or research other details, such as specific dates or documentation related to the situation you're explaining. Some of the common pieces of information you’ll need include:  Once you have your personal information on standby, you can construct a thoughtful letter of explanation detailing your circumstances and readiness to be a homeowner. Here is how to write a letter of explanation: Tips for a stronger letter of explanation Writing a letter of explanation can get you one step closer to Letter of explanation sample Keeping your explanation letter short and sweet is key. If you're struggling to write a concise letter of explanation, here is a letter of explanation sample to use as a guide and point of reference Letter of explanation template To make the process even easier, download this free letter of explanation template. Just fill in your information and personalize as needed. Why is a letter of explanation needed for a vacation home mortgage? Lenders may request a letter of explanation to better understand certain aspects of your financial or credit history before approving a vacation home mortgage. This helps them assess your ability to manage the new loan responsibly. Common situations include: If managing multiple mortgages or a high loan balance feels daunting, you may want to explore How does Pacaso help with vacation home financing? Refer back to our free template if you need help preparing an explanation letter for your next real estate purchase. And don’t forget to

Owning a second home is more attainable than ever, thanks to a variety of financing options, moderate interest rates and the new model of LLC co-ownership. But before you take the leap, it's important to know what you're getting into when it comes to financing a second home.  From budgeting for the unexpected to differences between loan requirements, doing your research helps you make the right financing decisions so you can enjoy your second home with no regrets.  What are the hidden expenses in a second home?  When shopping for your ideal second home, it can be tempting to focus only on a property's list price and monthly mortgage payments. However, owning a second home comes with other financial responsibilities. Crunch those numbers, too, before you look into financing. Budget for:  What's different about Pacaso's LLC co-ownership model With What do I need to know about financing a second home? If you own your primary residence, you're probably familiar with the process of financing a home. While many of the steps are the same, there are a few important things that are different when getting a home mortgage on a second home. Here's what you need to know.  Financing options for second homes The good news is there are multiple ways to pay for a second home, including combining more than one strategy, including these: How is taking out a mortgage on a second home different? Once you've calculated the costs and you know how much you're ready to spend for your second home, it's time to think about financing. Your first thought might be a traditional mortgage — after all, that's probably how you financed your first home.  However, while a mortgage for a second home has all the same elements as a traditional first mortgage — a down payment, credit score checks, debt to income ratio calculations — the qualification criteria isn't quite the same when it comes to financing a second home.  Here are a few things to know about financing your second home with a mortgage: How long it takes to get a second home mortgage Once you've found the Differences between a second home and an investment property People often use the phrases "second home" and "investment property" interchangeably, but practically speaking, they're To qualify as a second home, it must be used by you at least 14 days each year. And, you can't earn rental income on it more than 180 days of the year. The home also must be Alternatively, an investment property is occupied by you fewer than 14 days each year. It may generate short-term or long-term rental income, and it can be within 50 miles of your primary residence. These distinctions can make a big difference in affording a second home. A home mortgage for an investment property often requires a higher down payment, better debt to income ratio and a higher interest rate than a second home, as it's seen as a riskier investment. Pacaso's integrated financing options In addition to the cash and credit options discussed above, Pacaso works with partner banks to offer competitive-rate

What is empty nest syndrome? Empty nest syndrome occurs when parents report the feelings of grief, a loss of purpose, and loneliness after their children move out. While empty nest syndrome isn’t classified as an official health condition, it’s well documented — and very common. It may take some time for parents to adjust to the new normal of no children in the home. For most people, these feelings pass over time as they learn to navigate their new lifestyle.  While entering the empty nest phase of life represents the closing of one chapter, it also ushers in the beginning of another — one with more time to focus on other parts of life, like relationships with partners and friends, hobbies and travel. It also offers an opportunity to get to know grown children as adults, which can be a very rewarding experience in itself. What are the symptoms of empty nest syndrome? While the experience is different for every parent, it’s common to have a variety of emotions during this time:  What is the average age of empty nesters? The average age of empty nesters is typically late 40s to 60s. Unsurprisingly, downsizing homes or moving to a new destination are common real estate activities for people who are no longer actively raising children. Collectively, people in this age range make up 40% of home buyers and sellers, according to the What are the main characteristics of empty nesters? There are over 22 million so-called ‘empty nesters’ in the United States. Many still work full time and often find themselves in a time of financial transition. Some may no longer be financially responsible for the everyday expenses of their children — things like food, clothing and activities — and may find themselves with more disposable income. Others may be responsible  for college tuition, housing, and food while others may be managing increased taxes if they no longer have dependents to claim. What are some tips for empty nesters to make most of this stage of life? Once the dust has settled on the initial transition, usually after two to three months, you may find yourself ready to dive into a new routine. Here are a few tips for transitioning into and enjoying the empty nest stage of life. 1. Practice self care Dedicate time to a new self-care routine. With a newly open calendar, shortened to-do list, and new emotions, now is the time to focus on taking care of your physical and emotional needs. Exercise, sleep, 2. Invest in yourself You likely spent many years prioritizing your kids’ needs over your own, with their activities dominating the family calendar. Once the kids have flown the nest, you might find yourself with more free time than you’re used to. This is the perfect opportunity to 3. Connect with friends An abundance of free time means you can now expand your social horizons. You may want to reconnect with old friends you’ve lost touch with over the years, or seek out new relationships for this new era. Volunteer activities, affinity groups, and community organizations can be great places to find new friends who may be in the same season of life. 4. Get to know your kids as adults Your kids may not be little anymore, but part of the beauty of watching them grow up is the opportunity to know them as adults. This transitional period offers the chance to redefine your relationship and establish new roles and communication norms. 5. Reconnect with your partner In dual-parent families, it’s easy to slip into a routine where your daily and weekly routines revolve around caring for your children. Once your kids move out, it’s an ideal time to rediscover your partner and focus on spending quality time together. Consider 6. Talk to a professional This can be a hard transition for many. If your empty nest syndrome seems to last longer than expected or seriously affects your day-to-day life, it may be time to seek out a therapist or counselor. As an objective third party, a therapist or counselor can provide coping strategies and connect you with helpful resources. 7. Find a change of scenery When the kids have flown the nest, many empty nesters decide it’s the right time to reconsider their living situation. This might include downsizing the family home, renovating or What are some hobbies for empty nesters? Having an empty nest is the perfect opportunity to Why should empty nesters co-own a second home? Co-owning a second home is an ideal next step that fits seamlessly into many house plans for empty nesters ready to embrace freedom and flexibility. Shared ownership provides a practical way to enjoy a luxury vacation home without the full-time responsibilities of maintenance or management. If a second home is on your empty nester bucket list, Pacaso makes it easy to turn that dream into reality with a portfolio of