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Updated over 8 years ago on . Most recent reply
Timeshare vs owning vacation rentals
Would you consider purchasing a timeshare(being that your an investor) or would you just purchase vacation rental property?
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- Lake Oswego OR Summerlin, NV
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timeshare is NOT an Investment on any level.. any one telling you that it is well not sure why they would.
Now if you can buy them USED for very cheap them re market them and make a few bucks I see that.
But walking into a Hilton Grand vacation setup and buying from the developer and thinking that is an investment that's not the case..
I know many that own them I have owned one.. its a forced vacation at best. but if you buy one were you go multiple times a year it can be a savings over rack rates , really depends on your job and vacation schedule
- Jay Hinrichs
- Podcast Guest on Show #222
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