Why not just rent rather than buy

[timeos2 Senior Member Find all posts View Profile Close timeos2]

Those who say it is so easy to rent to recover your annual fes in most cases haven't done it OR they are owners of an extremely high demand - and quite rare - week or points. For the vast majority of owners renting their time - just like selling it - is far from easy as the supply so overwhelms the willing takers of both types. It's rough out there.

[Hobbitess Senior Member Find all posts View Profile Close Hobbitess]

Those who say it is so easy to rent to recover your annual fes in most cases haven't done it OR they are owners of an extremely high demand - and quite rare - week or points.

Has it ever been easy? The only ones I've ever known to make a go of it are primarily renting to friends and family; although they do advertise and do get some renters that way, I've never known anyone who did well who was renting out blind for the most part. Although the successful ones may be keeping it quiet because they've latched onto a "sweet spot" in terms of location and date! But my theory, not as someone who rents out but as someone who considers renting points or weeks now and then, is that, in good times, people don't rent from TS owners because they can afford something that doesn't look so risky. In bad times, when the lower price of renting offsets the risk somewhat, they can't afford to go anyhow!

I do know it varies according to resort -- people renting out DVC points have done just fine these past few years. But, aside from DVC, which has that exclusive location, those sorts of things tend to shift according to fashion, so even buying into a currently-popular resort intending to rent seems risky to me. Someone else builds a snazzy resort in the same or a similar location, and that one could become the New Cool Resort the people looking to rent time are wanting to get into, leaving owners of the other one in the cold.

[Carolinian Super Moderator Find all posts View Profile Close Carolinian]

That is one thing we can agree on, Tony.

I still believe in ownership. If the fees are low enough and the trading power is high enough the cost of owning is reasonable enough.
I no longer belong to RCI and that has made things a bit more stable. RCI resorts are easy enough to rent if I need use one of their resorts. I think more of us need to get involved in timeshare management by running for HOA boards.

[Carolinian Super Moderator Find all posts View Profile Close Carolinian]

I have been renting my OBX week for a nice profit since I moved to Europe. Of course it is a prime summer week at a beachfront resort, which helps a lot. We use the local brick and mortar timeshare specialist resale and rental agency, and it works like a charm. They take a reasonable cut, but it saves a lot of hassle and is well worth the fee.

Those who say it is so easy to rent to recover your annual fes in most cases haven't done it OR they are owners of an extremely high demand - and quite rare - week or points. For the vast majority of owners renting their time - just like selling it - is far from easy as the supply so overwhelms the willing takers of both types. It's rough out there.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

For the vast majority of owners renting their time - just like selling it - is far from easy as the supply so overwhelms the willing takers of both types. It's rough out there.

Oh, I don't know . . . I just got that $350 for our peak summer RMNP week . . . or, at least a promise that the check's in the mail.

Cutting it close . . . I only had 2 more days to give to Renta Condo Instead.

[wtanner Junior Member Find all posts View Profile Close wtanner]

If people really want to not have to vacation in the same place, they should consider a destination club, like inspirato. Its not that much to become a member and when you do, you have a whole world of options. And the way the business is set up, it makes a lot of sense. Anyway, been reading a lot about this lately since they've been getting a lot of attention- big money investments, etc.
Removed spam link BF Another interesting thread about timeshares

More about timeshares and in particular a really good thread about destination clubs, which I think it pretty much the way the timeshare world is heading ultimately.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

It's interesting which old threads are surviving the test of time.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

If people really want to not have to vacation in the same place, they should consider craigslist"

(just demonstrating how easy it is to manipulate Internet posts. )

No purchase price.

No ongoing obligations.

Travel just about anywhere there is a craigslist.

Selection varying from studio condos to pool homes.



Easy to use:

Select Craigslist location.

Under Housing, select Vacation Rentals

example: http://orlando.craigslist.org/vac/

[timeos2 Senior Member Find all posts View Profile Close timeos2]

We're going on our third year of reduced ownerships from 8+ weeks to two. We also have ceased to give RCI any deposits and II only gets one of our weeks from DRI points.

The results are very satisfying. We have done more traveling in the last two years and have more scheduled than we ever did when we owned all that time. Our one DRI week can be regularly converted to at least 2+ weeks in II and at prime locations & times we NEVER saw with non-points trades and without developer preference. Latest example is our 2013 week which we used to get two low time weeks in a two bedroom in Orlando, a spring break week in a two bedroom deluxe at the LV Marriott Grand Chateau and STILL have 2500 points left over! That is getting our moneys worth.

Almost all our other trips, which include: Nashville, TN (twice), Myrtle Beach, Orlando, Cape Cod July week, 2 weeks in 3 timeshares in Las Vegas in 2011, Gatlinburg, TN and an upcoming two week stay in Hawaii (2 islands) have been VERY inexpensive rentals or our one remaining fixed week (Cape Cod). All easy to get, no hassles or costs of trades - pick the spot, time & unit size (almost all 2 or more bedrooms), pay the rent and go. Much more enjoyable than dealing with exchange companies and unending annual fees.

The rules have changed and the value is nearly always in renting unless you absolutely MUST have a specific resort year after year.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

Well, we are planning to travel 26 weeks, none through RCI.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

Back to the original topic, renting v. owning, the latest issuem of Endless Vacation hypes Extra Vacations for $399/weel, $57/night and Last Calls for $244-$294/week, as little as $35 per name.

So, we know where RCI weighs in when comes to the economics of renting or owning.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

Back to the original topic, renting v. owning, the latest issuem of Endless Vacation hypes Extra Vacations for $399/weel, $57/night and Last Calls for $244-$294/week, as little as $35 per name.

So, we know where RCI weighs in when comes to the economics of renting or owning.

Their name even says it:

Renting Condos Instead

[Hobbitess Senior Member Find all posts View Profile Close Hobbitess]

Their name even says it:

Renting Condos Instead

Ha!

Extra Vacations and Last Call are a half-step away from renting direct from the owner, but feels less risky because there's an office you can raise cain with if things don't work out. I wonder sometimes if some of the guys who collect and rent DVC points might be able to diversify a bit, pick up Wyndham or Bluegreen owners and offer rentals in other touristy places ("WDW is fun, but Myrtle Beach is closer to home, has plenty to do, plus you get the ocean!" "Love theme parks, but wishing you could visit the mountains sometimes? Try Dollywood in Pigeon Forge!" "Wisconsin Dells. Scenic beauty and history, plus entertainment and waterparks!").

Although there perhaps isn't as big a crossover market as I think. TSs offer exactly what I wanted for traveling -- sizeable place of our own with a full kitchen and without maids wanting in every day -- but a lot of people who love the size of the DVC units gripe about renting points because that means no daily maid service and they like DVC units that are more "hotel like" over the ones you can park right beside, etc. But I have seen people who find out about renting DVC points for their "once in a lifetime" Disney vacation who love the agencies renting points and wish there was more of that elsewhere, so, I dunno....

[TravelBec Junior Member Find all posts View Profile Close TravelBec]

I went for a travel membership over traditional timeshare. It cost me $6500 for a lifetime membership and I don't have any yearly fees. I pay as I go as often as I like and there's a ton of RCI inventory. Per week I pay between $199-$899 and I like having the flexibility.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

I went for a travel membership over traditional timeshare. It cost me $6500 for a lifetime membership and I don't have any yearly fees. I pay as I go as often as I like and there's a ton of RCI inventory. Per week I pay between $199-$899 and I like having the flexibility.

Do I sense an ad coming? & "I pay as I go as often as I like and there's a ton of RCI inventory. Per week I pay between $199-$899 and I like having the flexibility."



If you go with craigslist, the cost is 0.

Do I sense an ad coming? & "I pay as I go as often as I like and there's a ton of RCI inventory. Per week I pay between $199-$899 and I like having the flexibility."