Timeshares is good investment or not.

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Original Message:

Timeshares is good investment or not. (by Carvan A.):

MNOP

Your business model is to buy timeshares in the resale market and resell them at a profit in 1 to 3 years. The average $428 MF suggests the timeshares are somewhat less than average in quality and yet you manage to resell at a profit. You indicated you have eight timeshares sales that will close this month. Is that typical? You may consider it proprietary information that you prefer not to disclose but I think it would be very helpful to the many members of Redweek to know what venue (internet? - if so provide links) you use to purchase, rent, and resell these timeshares.

I suspect you buy foreclosed timeshares in bulk at a significant discount from resorts using an in-house closing firm and have a sweekheart deal with the resorts allowing you to utilize their services in renting and marketing the resorts. Right?