Summer
@startsummering
Followers
516
Following
1,950
Media
205
Statuses
921
Here to help you buy your vacation home, then rent it while you’re away. #StartSummering here 👇
Joined June 2022
Don't wanna be here?
Send us removal request.
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The real estate industry has historically been slow to adopt new technologies. Here are six reasons why the industry as a whole needs to shift its attitude and start embracing technology. Via
@Entrepreneur
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Good record-keeping makes it easier for you to leverage depreciation, which means that you need to keep track of any improvements you make for the duration of the time you own it as an asset. Via
@KarltonDennis
for
@Forbes
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“We want to physically build our own real estate portfolio, not own shares of someone else's."
Read more from our Q&A with Summer member
@BrainHarrington
in the latest
#Summertime
piece:
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Listen to our CEO,
@PaulKromidas
chat with
@Jamie_Lane
about why with Summer, you don't need to choose between your dream home and an investment property. Listen at the link below ☀️
Why choose between investing in the ideal investment property and your dream home? 🏡
@PaulKromidas
of
@startsummering
joins
@Jamie_Lane
in the STR Data Lab to explain how homeowners can invest in their dream homes and offer amazing stays!
Listen now:
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About three years after the financial crisis,
@peteflint
managed to take his company,
@trulia
, public via an
#IPO
, before merging it with
@zillow
in 2015. Now a general partner at early-stage VC firm
@NFX
, Flint has a different perspective. And while the …
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@QEDInvestors
@ViolaGroup
Other investors for the funding round include
@lightspeedvp
,
@1SharpeVentures
, CT Innovations,
@alumniventures
,
@Elizabeth_St_VC
, Merrimac Corporation,
@GaingelsVC
,
@firstminutecap
, and
@notboringco
.
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When preparing and outfitting a home for short-term renters, it’s important to view the process through a different lens than if you were furnishing your own primary residence.
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No tricks, only treats over here 🎃
Grab your crew and head to the link in bio for getaways that are sweeter than candy 🍬
#HappyHalloween
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Excited to announce that Summer cofounder and COO Woods Buckley will be speaking at
@Inman
Connect Real Estate Conference in Las Vegas to represent Summer as one of ICLV's New Kids on the Block!
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Welcome home to Stony Clove, the latest Catskills home to join the Summer network, now open for bookings. Close to skiing, hiking, dining, shopping, and more.
#StartSummering
Book now:
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We might be Summer but we sure do love fall 😉
Check out Ford Hill & all our other vacation homes in the Catskills at the link in our bio.
#catskillsleafpeeping
#upstatenyrealestate
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In honor of Summer joining the paradisal North Bay Village community, we’ve put together a list of the places and activities that our team members most enjoyed during our time spent down in
#Miami
working on the villa.
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The short-term rental (
#STR
) industry has become an attractive
#investment
option for many investors– both veterans and first-timers– in recent years. With the consistent and ever-growing popularity of platforms like
@Airbnb
,
@vrbo
,
@Guesty
, and more, investing in STR properties…
1
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Introducing Pennsylvania Ave by Summer, our Catskills Retreat
✨Bright and airy living area features vaulted ceilings and a wall of windows, flooding the space with natural light, and a floor-to-ceiling brick fireplace, perfect for cozy evenings in
☀️ Interior of the home has…
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When preparing and outfitting a home for short-term renters, it’s important to view the process through a different lens than if you were furnishing your own primary residence.
6 tips to get you 5 stars:
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“Just as coworking spaces were once revolutionary and now are commonplace, short-term and flexible living arrangements are the new normal. Consumer economics and preferences are trending toward greater flexibility and the ease and convenience that comes with it. This new style of…
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When life gives you lemons, trade them for coffee and a view ☕️
Whether you're on the hunt for adventure or some time to kick back and relax, we've got you.
Head to the link in bio to
#StartSummering
and make this home yours.
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Where reality exceeds expectations 💭
This is your sign to vacay the Summer way. Where are you heading? 👇
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When you wish upon a star, you end up on your dream vacay at Hover Ave 🤷
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Round of applause for our SVP Operations, Sarah Haviland 👏
✈️ Sarah is a hospitality lifer! She began working the front desk at a hotel in college and has stayed in the industry ever since.
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👉 We’re so excited to announce our combined $68M fundraising! With an $18M funding round from a group of leading investors, including QED and Viola FinTech, as well as a secured debt facility of up to $50M from Setpoint Capital.
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Just minutes away from famed Joshua Tree National Park, restaurants, & shopping, this home is surrounded by gorgeous Yucca and Joshua trees with a breathtaking landscape… and we’ve got BIG transformation plans for the outdoor space 🤩🏊♂️
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Buying a vacation rental is a lot harder than it looks 🚨
*Summer enters the chat*
👉 Our CEO and founder, Paul Kromidas, joined the Good Morning Hospitality podcast team to chat about how we’re revolutionizing vacation home ownership.
Listen here:
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"My aim is to photograph Summer’s homes as if I had the pride of living there, and to give the best-and-truest version of how it might feel to live or stay in the space."
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Just posted a photo @ Catskill Mountains
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Just posted a photo @ Joshua Tree, California
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QED portfolio company
@startsummering
is creating industry-disrupting, flexible pathways to homeownership.
Take a look at how Summer is making owning a vacation home accessible in its Intro to Summer video.
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"There’s a good reason why
#VCs
have poured so much money into
#proptech
: real estate is a phenomenal investment asset.” Read more from our partners over at
@lightspeedvp
and their
#fintech
team on
@Medium
:
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“The housing market is quickly rebalancing from what had been arguably the strongest sellers’ market in decades, with inventory rising and competition for homes easing in the face of significant affordability challenges.”
@zillow
@FortuneMagazine
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This subtle tweak in your interior design will take your space to the next level👇
✨ Forget about the pressure to match everything perfectly—flawless coordination is overrated.
🛋️ Every piece in your home carries its unique character and story. Let each one shine independently
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If you’re reading this, you need a spontaneous weekend upstate…
A stay at this Lanesville, NY escape will include:
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We’re giving “deserted” a whole new meaning.
Check out some highlights of this Joshua Tree getaway ↴
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Upstate
#NewYork
: Tour a Heavenly Modern
#Farmhouse
Compound | Architectural Digest |
@ArchDigest
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Just posted a photo @ Lanesville, New York
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Last week, our team met up in NYC for
#SummerCamp
🏕️
We had an incredible time brainstorming new ideas, meeting our coworkers in person for the first time, & exploring the city!
The worst part of the week was when it ended… We’re already looking forward to the next one!
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How does Summer build the business to differentiate from the rest of our competitors? Summer founder and CEO, Paul Kromidas, gives an insider POV on the STR Secrets podcast.
Give the episode a listen, here:
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“Formerly outlying destinations are in industry buyers’ sights as needs have evolved… Vacation home buying has morphed into second primary residence buying.” Via
@Variety
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The early bird gets the worm (& by worm, we do mean sunrise views from the hot tub at your dreamy mountain getaway) 🌄
Book your stay at Cherry Hill today for views like this, every day.
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Proud to be recognized as one of 14 companies “[representing] some of the most promising and innovative solutions in the real estate technology space.” ☀️
The National Association of Realtors today announced that QED proptech portfolio company Summer (
@startsummering
) was named to its 2023 cohort of businesses that create solutions for the residential and consumer sectors.
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If you’re financially prepared to make the investment in a short-term rental property, you will likely reap the rewards, such as securing a stable investment and potential tax benefits, not to mention increased cash flow.
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A Home Equity Line of Credit (HELOC) and a Home Equity Loan are both types of loans that allow homeowners to borrow against the equity in their homes. While they share some similarities, there are several key differences between the two.
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😯 It’s not really “hosting” if you’re putting guests to work. We’d love to host you— we promise no washing, no folding, and no dry cleaning! 😂
Annoys me when Airbnb hosts are like: when you leave please strip the beds & fold the towels & wash all the surfaces & sort the recycling and steam the linen & dry clean the cushion covers.
Jesus Christ, Susan. You want me to file your tax return for you while I’m here as well?
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🚨 New destinations incoming 🚨
The Summer network is expanding! We’re dropping four new markets very soon…
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We just found the cherry on top of your perfect upstate getaway 🍒
Here are our favorite features Cherry Hill offers ↴
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How To Hedge Against Inflation With Short-Term Rental Real Estate
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Peak season is now year-round for some short-term rental markets, thanks to remote work. According to data from
@Airbnb
, demand for stays of weeks or months is on the rise. Via
@Forbes
#realestate
#str
#proptech
#realestateinvesting
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Summer's CEO
@PaulKromidas
spoke with
@max_gagliardi
about trends in short-term rentals, the broader housing market, and how Summer can help remove the risks of owning a vacation home while preserving the upside.
Check out the full podcast below, and if you're interested in how…
Episode 191: "Go Summer" is live with guest .
@PaulKromidas
We talk:
-Summer's unique vacation rental model
-How clients can "try before they buy" a new property
-The current trends in STR rentals
-Property management
-Hospitality first business model
Episode links in replies:
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Thanks for following along!
@TheRealMcHoy
its my second favorite, honestly really fun, its a nice break
I like following what
@joinbelong
@_gosummer
and
@FinancialKnox
are all doing
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We optimize your home for short-term rental performance by providing a best-in-class experience for each and every guest— but don’t just take it from us.
#StartSummering
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Thank you! ✨
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Real estate investors, such as those who own rental properties, can claim 100% bonus depreciation for the last time on their 2022 tax return before the regulation starts to sunset in 2023.
@RebeccaChenP
for
@YahooFinance
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If you happen to still be working remotely, you'll also be able to enjoy a change of scenery making it feel less like "work." Check out some of the things we think make a great home office:
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6. Continuing Learning At All Times. In a dynamic industry like
#PropTech
, it is a catastrophic mistake to assume that you have all the knowledge and capabilities you need to continue responding to the changing reality in an adequate manner.
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“I've been a real estate investor for over a decade now, and it's served me very well in addition to the work I've done in growing and scaling my businesses.”
-
@LisaSongSutton
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🎙️ Summer members, Helen & Brendan, recently went on the Behind the Stays podcast to chat about their experience of second home ownership with Summer.
Check it out here 👉
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It’s officially winter ❄️🧣☕
Celebrate the first day of winter with a snowy getaway like this one to our renovated barn, Winterberry Pond.
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6. Bathroom essentials. Before their stay, let your upcoming guests know that they can pack lightly; the provision of high-end toiletries like shampoo, conditioner, and body wash is a much-appreciated perk.
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Looks aren’t everything but we have them just in case 😉
Check out these before & afters of our home, Hover Ave 👇
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For designers accustomed to working in the tight square footage of an urban office, the airier accommodations of second-home markets can also mean more room for experimentation. Via
@ArchDigest
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We don’t like to brag… so we’ll let the reviews speak for themselves.
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5 stars + a cherry on top 🍒
When your stay is as good as this, it’s hard NOT to share that 5 star review with everyone you know.
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“According to the report, Park City proper has the highest number of short-term rentals of any city in the state with 3,922 total listings. It’s a 12.6% increase compared to the year prior.” Via
@TownLiftNews
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It’s been a long year… you deserve it.
Treat yo’ self to an idyllic weekend getaway or take it up a level and buy the whole place to getaway in whenever you want.
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No chance of catching cabin fever with a stay like this 🍂
Tap here to see more of Lanesville:
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The weekend is off to a picture-perfect start for our guests @ Lanesville by Summer 🌱 Book your stay:
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Timeshares rarely work out how they sound on paper. Not only do timeshares offer no equity in exchange for your investment— they’re also incredibly hard to get out of once you’re looped in.
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What 👏 a 👏 year 👏
Take a look back on our 2023 with us. Full of traveling to new places, expanding our team with exceptional talent, and watching the company grow in new and exciting ways!
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#Coachella
is only 6 weeks away, and there’s no better place to call home for the festival season than Balsa Avenue Ranch-house by Summer. Book now via link below— this home books quickly! 🌵
#StartSummering
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For potential buyers, the current state of the market means more options & less competition; buyers will be able to take their time looking for homes that truly fit their needs, and potentially have the opportunity to obtain those homes at a great price.
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Elevating the home booking experience one day at a time 📈
Listen to the most recent episode of Good Morning Hospitality to hear our CEO and Founder, Paul Kromidas, speak more on how we’re revolutionizing the STR space here:
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Consider this your digital meet & greet with our CEO and founder, Paul Kromidas. ⬇️
Paul is a mission-driven entrepreneur pioneering an innovative approach to vacation home ownership.
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Thank you to
@adam_windham
and
@HostFin_Daniel
for taking the time to chat all things
#STR
financing!
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Let’s test your fall knowledge in honor of peak leaf peeping season coming up 🍁
What is the primary reason leaves change color in the fall?
Cold temperatures
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Less rain
0
Decreased sunlight
2
Less humidity
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Off-market properties can be challenging to find— but they can also present a unique opportunity for real estate investors.
Via
@ChadwKeller
for
@Forbes
:
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Wanderlust & desert dust 🏜️
Here’s why you’ll love your stay at Balsa 👇
👥: Room for up to 6 guests
🏜️: Beautiful scenic desert views
🔥: A hot tub
🐾: Pet friendly
🍽️: A fully stocked kitchen
Book your stay or make this home yours at
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Globally, companies have been investing billions of dollars into
#PropTech
, with PropTech companies having received $13.8B in investments from venture capitalists last year, according to data firm
@StatistaCharts
— and the growth doesn’t stop there.
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Meet Logan Patiño, Summer's Senior Software Engineer. Coming from a health-tech background, Logan has spent years building, problem-solving, and creating seamless user-experiences. Take a peek into his day-to-day and what he sees for the future of Summer.
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