Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

395
Posts
105
Votes
Ian Hoover
  • Bridgeville, PA
105
Votes |
395
Posts

Is a timeshare an investment or a bad move?

Ian Hoover
  • Bridgeville, PA
Posted

I have recently looked into picking up a timeshare in a few areas we like to go for vacations with my kids being young (3 1/2 and 3 months old), the prices are way cheaper then hotels if you think about it and then it would force me to take a few more vacations (My wife would be happy).

My question is are these really investments? I am looking at one 2 miles from Disney with a week at the end of May, we would use this every year probably until my kids are teens but will I even get any money out of it after that? Or will I be stuck with it like these people selling them now that are almost giving them away?

I hope someone on here has some experience with timeshares and can give me some advice or feedback, I also have never done one before but from what I can read you just pay the yearly HOA fee and that's it. Seems to good to be true.

Thanks BP!

Most Popular Reply

User Stats

2,011
Posts
1,614
Votes
Richard C.
  • Bedford, NH
1,614
Votes |
2,011
Posts
Richard C.
  • Bedford, NH
Replied

Make sure you cover your timeshare with aluminum siding the door-to-door guy sells you, have the driveway paved by a Traveler who just happened to have some extra asphalt from a job in your neighborhood, fill it with furniture from Rent-a-Center, and pay for it all with a payday loan.  Then you'll have like the perfect storm. 

Loading replies...