Rent vs. Resale
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Original Message:
Re: Rent vs. Resale (by Andrew J.):
Today I have had an education in renting/selling. I belong to a point based system with 20 resorts and am interested is selling. Before doing this I talked to three people in the industry. The best advise I have received was from within our organization. Don't sell. hold the property, do rentals or sell the points Renting will cover your maintenance fees and selling the points will cover most of it... Try and do a break-even (or close to)for 5 years and the price should be much better (we all hope).
But I like the idea of rent with the option to buy...