please help with these two SF listings, are they good buys?

[travelhome]

This one is 6000 Worldmark annual point
Price: $6,999 (sale) $900 (rent) and $405 MTF
I understand the ad is using this SF worldmark TS as an example to sell the point package.
http://www.sellmytimesharenow.com/t...on/4/SearchCityID/San Francisco/order/resort/

The rent seems to exceed MTF by large margin. If I can purchase this point package at 6cent/point, about half of the list price, would it be a good buy? Since I can either use it myself or rent it for $400 profit. Is this rent reasonable for the unit? Is it easy to reserve this unit for self-use or rent?

The other is at Nob Hill Inn
Price: $4,900 (sale) $1,000 (rent), $786 MTF

http://www.sellmytimesharenow.com/t...on/4/SearchCityID/San Francisco/order/resort/

Again, rent exceeds MTF but not as large a margin. But the asking price is lower and this listing is deeded to a physical building. Is this a good buy?

Thanks a lot for your help!

 

[aliikai2]

Neither of those are good buys,

http://cgi.ebay.com/Inn-at-the-Oper...ryZ15897QQssPageNameZWDVWQQrdZ1QQcmdZViewItem

This one will probably sell for under $1000.

http://cgi.ebay.com/San-Francisco-C...ryZ15897QQssPageNameZWDVWQQrdZ1QQcmdZViewItem

This one is giving you the 2008 week for free and paying the closing costs.


The WM you listed is way overpriced, wm points are worth about .50 each, so a 6k is worth about $3000 fully loaded.

The website you are looking at is known for over priced listing.

fwiw,

Greg

 

[travelhome]

Thanks!!!

wow, great! Thanks a lot for the links!

Nob Hill MTF is $841. What is the rental cost for it? The link I went to before has a rent for $1000. Don't know if this is real.

Is it good chance to reserve a unit for self-use or rent to cover the MTF? If it is indeed the case, the purchase would make sense, right?

 

[aliikai2]

We rent

quite a few weeks per year, We do get $1400-$1700 per week inj New York City, but I don't think that you can make any money in SF

Looking over Redweeks and Myresortnetworks, there are some listings for weeks in the $850-$1250 range. I don't know what their actual rental success is however.

The rental business isn't all fun and games, and owning one or two weeks isn't going to insure your success.

Unless you plan to use a SF unit, I would recommend something else.

JMHO,

Greg

wow, great! Thanks a lot for the links!

Nob Hill MTF is $841. What is the rental cost for it? The link I went to before has a rent for $1000. Don't know if this is real.

Is it good chance to reserve a unit for self-use or rent to cover the MTF? If it is indeed the case, the purchase would make sense, right?

 

[Deb from NC]

There's a Nob Hill Inn listing on the TUG classifieds for $ 500 (under bargain basement listings...)