frank808
TUG Member
- Joined
- Jan 6, 2010
- Messages
- 4,193
- Reaction score
- 2,350
- Points
- 448
- Location
- Marriott Ko Olina Beach Club
- Resorts Owned
- Disney Vacation Club (Aulani,SSR,VGC,VGF) Hilton Grand Vacation Club(Bay Club, Kohala Suites, The District) Marriott Vacation Club (Aruba Surf Club, Grand Residence, Grand Chateau, Grand Vista,Harbour Lake, KoOlina,Willow Ridge & DC points)
No advantage, it is actually an expense and lost of rental revnue.I missed something, what is advantage of spending full time in timeshares and still maintaining a home?
We mainly bought timeshares during the great recession so the prices where great. Resale prices are lower or same for 40% of the marriott units we bought back then. HGVC is about the same as what resale was back then or a little more and DVC is 100% more than whay we paid. We bought these TS to use as our retirement home. Since we own them and are paying MF for them we mine as well use them.
We were thinking for the past few years to rent out our main home but just haven't done it yet. The rental income would take care of our maintenance fees and then some. But wife likes having a non rental home to go back to. So we will probably keep our home until he goes off to college. Then will empty it out and rent home so we can start our retirement.
Sent from my SM-T217S using Tapatalk