All Forum Posts by: Thomas Labo

Thomas, if you decide on a timeshare I know from experience that you can get them for pennies on the dollar through local govt. especially during a downturn. If you wait a few years you should be able to find dozens if not 100s in a target city or county and all the info. is publicly available and you don't even need an agent.

I bought a piece of land this way from a county and did really well (10x) by buying at the bottom and selling at the top. I've even read about a couple in San Fran. that landed a major property because some HOA failed to file property taxes and the real estate was acquired legally (even though the residents in the HOA were angry) for pennies on the dollar.

Timeshares go for nothing this way and many many people let them go by not paying the property taxes.

Good call. I've looked at the timeshare resale sites but have not looked into timeshares through local govt. Should i be looking anywhere in particular for these deals?

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Thanks for the info Peter. I just checked out Encore's website. Those places are beautiful!!! I'll have to look into them some more.

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Thinking about buying a investment property in olean ny. A college rental is possible. Does olean offer a good market for a newbie?

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The wife and I recently took a trip down to Disney with our two kids. Needless to say, it was our first trip there as a family and everyone else realized what I already knew. That is that Disney is magical and we want to go back! We have looked into timeshares and the DVC. Looking at the costs, I recommended that we look into investing in a STR, possibly a condo. The goal would be to have a place to stay when we visit, and rent out the rest of the time. We would visit off season. Does anyone have experience doing this, or maybe have a recommendation of where to look? My thought is breaking even would be a win.

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All Forum Posts by: Thomas Labo

Thomas Labo has started 2 posts and replied 4 times.

Post: Short term rentals near Disney.

Post: Short term rentals near Disney.

Post: Investing in olean new York

Post: Short term rentals near Disney.