Travelclam
TUG Member
Okay, so I am really new to the time share market place, so I am going to ask a (probably) stupid (or naive) question. I see from all these postings that there quite a few time share owners here to own multiple time shares, and that they seem to be making a living (or partially at least, or making quite bit of profit) from their time shares.
Now, I have been to a few of those time share seminars. All the ones I have seen costs over $10K and then another several hundreds of $$ a year for administration/owner fee/maintenance fee/ fee. That's for only about 1 or maximum 2 weeks' worth of time at any given resort.
Then I am seeing lots of time shares renting out for <$500 a week.
So, how do any time share owners make any profits from renting out their time shares?
Now, I have been to a few of those time share seminars. All the ones I have seen costs over $10K and then another several hundreds of $$ a year for administration/owner fee/maintenance fee/ fee. That's for only about 1 or maximum 2 weeks' worth of time at any given resort.
Then I am seeing lots of time shares renting out for <$500 a week.
So, how do any time share owners make any profits from renting out their time shares?