So, I guess that said, you haven't bought direct, or another here on tug for more than a few years never bought direct from the developer?
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I made two purchases from Wyndham directly both were 126k eoy contracts at Royal Gardens at Waikiki at about $12000 each ($6000 cash and $150 a month for the rest of my life) so a total of 12k out of pocket.
I think I am an exception to the rule (the rule being, a developer purchase doesnt make sense)
With these two purchases I took one account from nothing to Platinum VIP, and the other from Silver to platinum VIP.. Each of the two accounts had about 10 million points in them that I rent. With the discounts and upgrades and the increased number of guest confirms I think I probably paid myself back in a year. And consider that the $12000 was just a fraction of my rental profits from the year before (So I was playing with "extra" money) I have been using my profits to grow my operation from the beginning. and this was just another step.
Most owners dont rent like I do and among those that do, most dont do the volume that I do, and the loophole I took advantage of doesnt exist anymore, so you cant do it as cheap as I did... all this comes together to offer the advice that I do,, and that is Dont buy direct.
Besides that I dont like the competition
By the way that first Silver account that I mentioned came to me by surprise. I bought 385000 points on ebay (3 converted fixed weeks at Fairfield Harbor) and I became VIP. I expected it to be reversed, but it wasnt.. Most of the other Platinum VIPs here that make any money renting do so with accounts they got like I did, or they inherited an account. Folks that bought their way to platinum are struggling to make their mf. they consider the purchase to have been sunk money. that they may or may not make a return on