Fixed costs are recurring property expenses that remain relatively stable regardless of how much the home is used, such as property taxes, insurance, and base utility fees.
Every vacation home carries fixed costs whether it sits empty or is used year-round. For a sole owner, these costs can feel burdensome, especially for a property used only a few weeks per year. In a co-ownership model, fixed costs are divided among the owners, dramatically reducing each person's financial burden while maintaining the same level of property quality and upkeep.
GoForth, a luxury co-ownership company, splits all fixed costs evenly among four co-owning families. Property taxes, insurance, landscaping, and base property management are shared four ways, which means each owner pays roughly 25% of what a sole owner would spend. GoForth provides a clear annual budget and transparent reporting so owners always know exactly what their fixed costs are — no surprises, no hidden fees.