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Is investing in time shares risky?

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Wiki User
2010-04-07 18:56:52

The only people to make money on a timeshare will be the builder

and the sales staff. Sales people will tell you that you can make a

lot of money, but you need to be suspicious of THEIR motivation.

The simple reality is, timeshares are a waste of your money. Go for

the free gift but don't buy anything, no matter HOW good they make

it sound.

Time Shares may have their uses, but they are not

investments.

Cheers

As an owner, you must treat your timeshare as simply a way to

vacation. Do not believe that you can make money out of it through

any other means. Especially with the current economy, it's very

hard to sell or rent it out.

Well, with the prevalence of scams in the timeshare industry,

any potential owner is a probable victim. Just make sure that you

deal with legitimate companies or salespeople. Also make sure that

you understand the agreements.


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