At Uncle Lucky Larry, we’re redefining wealth-building with a family business model that combines the attributes of passive income, tax efficiency, and generational planning in a singular real estate venture. Our Limited Partnership (LP) owns 50% of a resort that serves equestrian enthusiasts, outdoor adventurers, and the MICE (Meetings, Incentives, Conferences, and Exhibitions) industry. We’ve put together a sustainable, family-involved investment vehicle that makes use of Self-Directed IRAs (SDIRAs), artificial intelligence, and tax-free bartering. In this post, we answer some pressing questions about our growth, vision, challenges, and resilience, giving you a look inside what makes Uncle Lucky Larry a way-cool investment. Codie Sanchez recently emailed these questions from an amazing interview, so I thought we would post my reply.
1. How big do you think this company’s going to get, and why?
We observe our Uncle Lucky Larry growing into a family-business model that can work anywhere across America, with the potential to scale in multiple high-demand markets, the kind where Fred and I sight-jack and would-be resort developers dream of placing a sign out front. Our business does not aim to become a corporate behemoth, under which developers can issue bonds and institutional investors can invest in public stock. What we have in mind instead is empowering families to build real wealth over time through smart, unfettered, and tax-efficient real estate structures. The resort we are developing does not have a singular focus.
It aims at several niche and potentially high-demand markets and seems likely to tap into as many veins of experiential travel as a branch of “The Great Shasta Rail Trail”. The resort's focus areas are not MICE, which are meetings, incentives, conferences, and exhibitions, or other banal forms of corporate travel; nor is it solely for horse people (there's an equestrian center). The resort's much broader focus is on adventure, figure-it-out travel, learning, tasting (including a local wine-and-sunset tour), and literally upscale events.
2. What’s your 10-year vision?
Within a decade, Uncle Lucky Larry intends to establish himself as the gold standard in real estate investment for families, with a network of resorts that stretches not just across the U.S. but also to international locales deemed strategically advantageous. We plan to add to our portfolio, by the same structure that has so far performed advantageously for the co-owning LPs, five to ten additional properties, each with family LPs as co-owners.
Our vision encompasses:
Adjusting the size of the AI SaaS platform: Improving our property management system so that it serves our real estate clients even better, helping them to achieve three goals that we are fully aligned with: Optimize bookings. Reduce costs. And qualify a larger number of families as Real Estate Professionals so that they can enjoy the full suite of tax benefits.
International barter network: Extending our tax-exempt barter system to hundreds of luxury vacation homes all over the globe, providing an unparalleled lifestyle for our owners and their families.
Wealth passed from one generation to the next: Ensuring that our LP remains a seamless, well-oiled machine for decades to come, so that LP members’ wealth—like the LP itself—tends to stay robust and growing, even if some LP members tend to live more or less on the unseemly side of life.
Community effect: Collaborating with nearby equestrian and outdoor communities to establish sustainable tourism, powering local economies and providing consistent K-1 income.
We will stay financially flexible and free from risk by maintaining a state of no debt (no mortgages) and by using Corporate Services of Nevada to ensure compliance with the myriad laws that govern our business.
3. What’s the worst thing someone who’s partnered with you would say about you?
We take pride in being open and working well with others. But no partnership is without its bumps. Some might say we’re too fixated on the kind of long-term, lasting, almost-too-staid-to-be-true ventures that can make you feel a little grandma-ish. "Sure, buy low, and hold it forever," this kind of plan seems to say. "But what are the exciting, world-turning developments of right now?" Well, the exciting, world-turning plan that actually goes somewhere and turns some actual, real-world profits (no hype; just as little variance and as much vanilla as possible for the most part) is what we pride ourselves on building, with a commitment to making it last. By now, you might well be asking: what the heck, then, are we actually getting in on?
4. When’s the last time you fired someone for underperformance?
We depend on technology and trusted subcontractors, like our CPA and house cleaner teams, more than a large staff if we don’t have to manage a large workforce. We haven’t had to fire anyone recently because our AI SaaS system and management agreement set clear performance standards. And when we did last parted ways with a subcontractor (over a year ago), it was because the vendor in question didn't meet our response targets. We replaced that vendor quickly, to maintain the high standards we set for ourselves and our partners.
5. What will you do if this company runs out of cash?
It's improbable that we'll run out of cash because we're debt-free and have diversified income streams, but we could find ourselves tight on cash for some reason, so we have a plan for that. Our resort generates K-1 income, which is consistent and reliable. We have a barter system that allows us to enjoy lifestyle benefits without draining cash. If we found ourselves in a cash flow crunch, we would:
Operational optimization: Employ our AI SaaS platform to enhance bookings in the rental sector and cut down on expenses.
Make use of SDIRA capital: Use more family SDIRA contributions to pay for improvements or marketing, leaving the LP debt-free.
Broaden barter network: Boost exchanges with owners of high-end real estate to counterbalance costs.
Strategic partnerships:
Engage with like-minded families for co-investment in new resort developments, to share costs, while still adhering to our model of 50% ownership.
Collaborating with Corporate Services of Nevada guarantees that we maintain compliance and that our assets are protected. Absent any personal financial risk—that's a main reason I like to work with them. And if there were to be a worst-case scenario, we would reduce K-1 distributions on a temporary basis while we reinvest in growth, and in no way would that impair the long-term viability of the LP.
Why Choose Uncle Lucky Larry?
A lifestyle and legacy: Uncle Lucky Larry
Uncle Lucky Larry isn’t just an investment—it’s a lifestyle and legacy. Our families enjoy a week at our stunning resort annually, hosting up to 128 guests or spreading their stay across eight estates. With tax-free bartering, AI-driven management, and a structure that sidesteps traditional real estate hurdles, we’re unlocking the true power of savings for generations. Ready to join us? Visit Uncle Lucky Larry to learn how to build your family’s wealth with purpose.
