Discover Who We Are, What We Offer, and Why We Do It
When buyers look into acquiring a second home with Slyce Properties, it’s natural to wonder, “What exactly am I purchasing?” At Slyce, you’re not just buying a home; you’re acquiring an interest in prime real estate in the heart of the French Quarter in New Orleans.
The Inspiration Behind Slyce Properties
The idea for Slyce Properties was inspired by the common practice of friends and family pooling their resources to buy a property that would be unaffordable for any one individual. This collaborative approach makes second home ownership more attainable. However, finding willing partners and setting up the necessary legal framework can be daunting.
Slyce Properties transforms this process into a seamless, turnkey solution. We not only find partners to co-own a property with you but also establish an extensive legal framework to ensure the venture is fair and equitable for all parties involved. This eliminates the need to search out family or friends and provides a hassle-free, professionally managed co-ownership experience.
How Slyce Properties Works
Slyce Properties identifies exceptional homes in the French Quarter and forms a limited liability company (LLC) for each property. This LLC holds the property and is divided into six ownership interests, or shares. As a buyer, you have the opportunity to purchase one or more shares, up to a total of six.
The Role of Slyce Properties
Once the home is acquired, Slyce Properties steps in as the program manager. Our responsibilities include managing scheduling, maintenance, bill pay, and ensuring that the property operates seamlessly. The goal is for owners’ only responsibility to be to tell us when they want to stay next. We aim to delight our owners and earn the right to serve them every day. Should owners become dissatisfied, they have the power to vote and remove Slyce Properties as the manager, reflecting our commitment to ongoing excellence.
Liability and Costs
Each home is owned by an LLC, which means you have insulation from liability. Ownership costs, including taxes, insurance, and maintenance, are passed directly to the owners. This ensures transparency and fairness in managing expenses.
Flexibility and Resale
Owners can freely transfer or sell their interest on the open market for any price they choose, just like any real estate transaction.
Enriching Lives Through Unique Ownership
The mission of Slyce Properties is to enrich lives by making second home ownership accessible in a way that would otherwise be unaffordable. Our model allows you to enjoy a carefree, luxurious home in the French Quarter without the traditional financial burden and responsibilities.
The Slyce Experience in New Orleans
Our properties are located in the heart of New Orleans, a city known for its rich history, music, and culinary delights. Slyce Properties offers fully managed co-ownership of luxurious residences, providing an ideal carefree solution for those who desire a second home in this coveted destination.
Join the Slyce Community
Becoming a member of Slyce Properties means gaining access to exclusive, beautifully furnished homes with all the benefits of professional management and personalized service. Enjoy your French Quarter pied-à-terre without the worries of traditional vacation home ownership.
Ready to experience the ultimate New Orleans lifestyle? Join us at Slyce Properties and make your dream of owning a second home in the French Quarter a reality.
For more details, contact our team today.