According to Redweek the top 5 rental resorts are Marriotts and the top 25 resorts include 16 Marriott resorts.
Glad to see 3 out of 4 resorts I own on the list! I am not willing to rent mine though, I want to use them myself. Maybe when I'm old and unable to travel which is MANY yrs from now then I rent them.
I have never gotten two to three times my maintenance fees on my Marriott Rentals. Which resorts rent for that much? The Hawaiian timeshares? The SC timeshares in season??The Park City Timeshares in season?Yep, that's nice....
I've got 3 on the list. The great thing is that when you do rent one, it brings 2-2.5x the maintenance fee,
so that pays for two mfs and some cash left over.
For me its the Maui and Myrtle Beach units and from a previous ownership Aruba. I know Grande Ocean does and I own there but own gold OF that does not get 2x+ but does get me a solid uplift over MFs. I've heard Mountainside does. There are probably many others that on a given special week get that amount like something over Xmas or NYE.I have never gotten two to three times my maintenance fees on my Marriott Rentals. Which resorts rent for that much? The Hawaiian timeshares? The SC timeshares in season??The Park City Timeshares in season?
According to Redweek the top 5 rental resorts are Marriotts and the top 25 resorts include 16 Marriott resorts.
If you add in the Vistana resorts, now owned by Marriott, you have 9 of the top 10 and a total of 19 of the top 25 are Marriott.
I have never gotten two to three times my maintenance fees on my Marriott Rentals. Which resorts rent for that much? The Hawaiian timeshares? The SC timeshares in season??The Park City Timeshares in season?
Glad to see 3 out of 4 resorts I own on the list!
The best ROI comes from MOW Plat OF, next I'd say probably MOC OV and then Newport Coast. Aruba Surf OV might be a top one as well. These are units that you can get for $14k or less and their rental profit is amongst the highest. There are others that may secure a higher rent or even profit but the cost to purchase is twice as high.
I bought a MOW OF plat for $10k and others at $13k and they rent for $1700-$1900 profit. Same numbers for MOC OV purchased at $13k. NCV you can buy for $8k and rent at $1k profit.
MMOC Lahaina Villas, 3-BR, ocean front, high floor, winter and summer: $5000-$5500 profit per unit.
Not getting as good an ROI as others are getting, but I really enjoy the view when I stay there.
$5k over MF is not good profit? Sounds amazing to me..unless it cost you like $50k+ out of pocket? Still would be a 10% return, better than the multi-families I'm selling down here in S Fla
Most likely cost well over $50k.
You are right on. You know your stuff.Winter 3BR OF Lahaina/Napili weeks are generally $55K+, assume you can find one. Most in the $65-75K range, but so rare the prices are all over depending on floor, week, broker or owner sale, etc.
Redweek and Vacation Candy reflect $6K-$10K/week rents for the 3BR.
Summer weeks have historically sold for less, but still aren't common. Definitely seeing some late summer, spring/fall weeks at a 'good' price, if you are shopping in that price range.
Generally speaking, if you don't use them, they will probably net a 6-8% return....or rent the studio for $3K to cover MF and enjoy the week. ;-)