Original Message:
Re: Buying another time share so i can exchange? Smart or not so smart? (by Phil L.):
Only reason to ever buy a timeshare is because your family loves going to that resort ! When you buy for this reason then one option is exchanging which should be second on your reason for buying and last is to try and rent.
We bought a second timeshare just to exchange every other year. As we love our resort and going to Lake Tahoe each year we bought a second unit at our resort for even years. This way we could use one unit every even year and exchange the other if we wanted to go some place different that year.
Most times we found we used both weeks at our resort and still didn't exchange. One good part of owning two units at our resort was you make your picks 24 months out while one owner families pick 23 months out so we had our first choice every year. We let the resort rent one unit couple years ago and made good profit.
We found that owning two units now that our daughter move to Texas was a waste and we sold one while up there for our July 4th week to another owner who was buying for same reasons we bought the second unit. Now we can go and if second trip wanted we can just grab bonus days at great price.
PHILL12