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Re: Tips on Renting Out Timeshare (by Patrick P.):

Hi folks,

I'm new here and contemplating renting out my timeshare but I have several questions/concerns.

1. My TS is a 2-bdrm lock-off. Would it be wiser to rent each unit separately because I fear that if I keep them together, I will not be able to make enough from rent to cover the maintenance fees. Anyone have experience with this type of situation?

2. My TS is currently in RCI points program. My understanding is that I have to cancel my RCI membership in order to be able to rent it on my own. Is this the case? 3. According to my resort management company, if I decide to cancel my RCI membership, my unit falls back into a weeks program so the money I paid to convert it to points is wasted. Is that true?

4. I am a bit concerned about renting my unit to people I don't know because ultimately I am responsible for the "guests" I rent it to. Has anyone had bad experiences with renting? What are the safeguards?

5. I am a member of Global Resorts Network where I can list my timeshare to rent to other members. Has anyone here used this service? If so, have you been able to rent your unit?

Thanks for your help! I really want to make the most sensible decision on whether to rent or not but it just seems to be such a big one....