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Curious what you guys think about the financials of timeshare resorts, the most important metric of which is probably the amount of Bad Debt - but how much Bad Debt is too much?
What is the best way to look at this when evaluating the financial information we are given by the HOA.
I just signed paperwork and made a deposit for two 7K point platinum weeks at Sea World for $12,500 on one deed with all seller paid closing costs including activation fees. The maintenance fees are about $2,300/year starting in 2018. What do you think?
As I was reading through...