Business Management

Tips on Timeshares

Expertise: Real Estate Marketing, Personal Development, Real Estate News & Commentary, Mortgages & Creative Financing, Real Estate Investing Basics, Landlording & Rental Properties, Flipping Houses, Personal Finance, Business Management
301 Articles Written
Traditional real estate investors don’t typically look at timeshares as a good investment, but people still buy them. You can’t go to a resort area today without running into a free breakfast for listening to a brief pitch about some hotel or development. That said, Kiplinger Magazine just put out a guide for What You [...] View the full article: Tips on Timeshares on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.

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Joshua Dorkin is a serial entrepreneur, investor, podcaster, publisher, educator, and co-author of
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    Glen
    Replied almost 9 years ago
    Great points Joshua. You’re right, buying timeshares through the resort are very poor investments and owners looking to sell their properties are going to run into a lot of different problems if they don’t choose the right company to help them sell. They’re already going to be losing about 50% of whatever they spent and to add to the trouble, there are a tons of dishonest resale companies online looking for upfront fees without providing any results. Anyone looking to sell their timeshare should look for a company with licensed brokers who won’t charge anything until the property is sold. If time is not an issue, some people choose to go and try to find buyers on Ebay or Craigslist on their own but sometimes weight of the annual expenses don’t allow for such patience. [Ad removed by admin]