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Re: view counters (by R P.):

mike1536 wrote:

Maybe it's a good thing that the MFs on the units I own are less than what a hotel would cost in the same area. I can rent either my NH or my VA unit for $700 and it more than covers my MFs. There are people on TUG who own 10-15 units and more and are continuously trying to rent them out. I could never see myself even buying that many.

At one time we ended up owning 9 timeshare weeks, however we did not buy with any intent to rent. We bought where we liked to go, mainly beach & mountains, because they were our favorite places to vacation and within a day's drive from where we lived at that time.

On years we didn't plan to return to our favorite places we then exchanged some weeks since we belonged to both RCI and II. By doing this, we saw many very beautiful areas in this very beautiful country.

The reason we owned so many weeks ... we planned to vacation one week every other month after retirement. We never considered renting any of our timeshares out. To me, it would have been more trouble than it was worth and renting is a crap shoot anyway you look at it, especially now with the downturn in the economy.

I agree with you that anyone who buys 10-15 weeks of timeshare mainly to rent will be very disappointed unless they own in a very sought after location during a bright red time period. I believe there are those that thought they could make a killing renting their timeshares and making a huge profit.