Good time to invest in Vacation Property?

Good time to invest in Vacation Property?

Real Estate Investor · Renton, WA · Member since 2008 · 16 posts · 0 votes

I have considered the option of buying a vacation property that could be rented out through a time-share company. Does anyone have experience with this? Any thoughts on vacation properties with the current economic climate?

Thanks

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  • Real Estate Investor · Sacramento, CA · Member since 2008 · 106 posts · 7 votes
    17y

    Todd,
    We are puting together something similar to that. We're looking at upper end Maui porperties. PM me if you like and we can discuss possibilities.

    Rick

  • Real Estate Investor · North Carolina · Member since 2008 · 1k+ posts · 483 votes
    17y

    Why would you rent out through a time-share company? Around here the real estate companies handle it turn-key.

    I'm certainly watching local vacation rentals as they drop in value, but so far the numbers don't crunch. And the economy is one helluva wildcard at this point.

    Plus, do you have much hands-on experience managing rentals? If you don't handing over the keys to someone else can get dicey.

    Good luck and keep us informed.

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