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Updated over 9 years ago on . Most recent reply

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58
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Jeff R.
  • Investor
  • Saint Louis, MO
6
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58
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Timeshare vs owning vacation rentals

Jeff R.
  • Investor
  • Saint Louis, MO
Posted

Would you consider purchasing a timeshare(being that your an investor) or would you just purchase vacation rental property?

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Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
Replied

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

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JLH Capital Partners

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