ski_sierra
TUG Member
- Joined
- Mar 17, 2019
- Messages
- 517
- Reaction score
- 327
- Points
- 173
- Location
- SF Bay Area
- Resorts Owned
- Too many
I have been reading a few threads where people were able to stay at extremely nice properties by exchanging their properties with much lower MFs.
It almost feels too good to be true. I understand it doesn't happen consistently. But many people consistently trade into resorts with much higher MF and buy in costs than their own.
I just wonder how this is possible? The owner paid a lot of money to have that week. They could rent it out instead of paying an exchange company. It seems like not everyone wants to put the work into renting their nice week out. It should be much easier since AirBNB has become so popular. Not sure how people rented things out before.
Or some people who own timeshares are too rich/busy and don't even bother to use their week. And savvy TUGgers get to enjoy it.
It's pretty amazing to leverage your knowledge and get way more than you spend. I'd love to hear your insights on what makes this system work.
It almost feels too good to be true. I understand it doesn't happen consistently. But many people consistently trade into resorts with much higher MF and buy in costs than their own.
I just wonder how this is possible? The owner paid a lot of money to have that week. They could rent it out instead of paying an exchange company. It seems like not everyone wants to put the work into renting their nice week out. It should be much easier since AirBNB has become so popular. Not sure how people rented things out before.
Or some people who own timeshares are too rich/busy and don't even bother to use their week. And savvy TUGgers get to enjoy it.
It's pretty amazing to leverage your knowledge and get way more than you spend. I'd love to hear your insights on what makes this system work.