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Timeshares from RCI. Is it a good investment? |
I was suckered into a Timeshare meeting while I was on vacation. The company that was offering timeshares was RCI. I did not fall into the sales rep sales tactic since it would be moronic to invest in something that I am not familiar. The presentation did get me thinking about a way of making residual income since the sales rep claim that RCI will rent out the timeshare if unused. Is this true or is Clark Horward right? 75% of the resort's original proice is still too much money to pay for a timeshare! Don't buy from the resort! Buy resale and save as much as 60%, typically. Of course this depends on location. LOVE our timeshare! My husband and i were sucked in to a meeting. Although very hung-over, after careful thought we bought one. We stay at the nicest places for only the cost of the booking fee.($80). If you love to travel, get an timeshare. Much better than $60 bucks a night at Motel 6! Report It You can visit http://www.mytoursguide.com and find a good number of articles and very useful tips to learn timeshare options worldwide. One can even get a free timeshare as a promotional offers from travel companies. Report It You will not make money owning a time share-I own three of them. Yes, you can rent them out but they take a cut and you may only rent for 3 days and it does not cover your annual fee not to mention your payment. I bought my timeshares on ebay from people who were selling them for 75% off because they couldn't afford the annual payment |
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