Timeshares is good investment or not.
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Original Message:
Timeshares is good investment or not. (by R P.):
mike1536 wrote:My math may be a bit fuzzy, but doesn't $150,000 divided by 350 TS average about $430 per TS?
I had to get my calculator out too :o) and Mike you're right, it does average out to $430 per TS, but I still can't even imagine juggling something like that in this economy (well, in any economy actually). And can you imagine how many special assessments he must have with 350 timeshares (I wonder if his 350 timeshare ownerships are in different resorts)? If so, that opens up a completely different can of worms.