The long term value of a Timeshare even with the maintenance fee will always end up cheaper than a hotel room of modest quality (If you stay in Shitty cheap hotel rooms a timeshare wont save you money.). But even then, people are starting to see a maintenance fee on their bills at hotels in the form of a "RESORT FEE" (40-75$ a night depending on location) and Tax (Tax in Hawaii is at 25% now). As long as you purchase your Timehsare with a company or in a high value location/season that has good trading power you will get to the places you want to go, save money, and stay in better places. Its especially good for families who need to rent two hotel rooms for them and their kids. The "Future Expenses" that you dont believe exist are always going to be there if you plan to travel the only way you don't spend the money is if you don't go. If thats the case you probably shouldn't be looking at something designed for people who take multiple trips a year and are spending good money on high quality resorts.

Walter Miller the difference is......If I choose to stay at a nice property with my family every year for ten years......Then decide I do not want to do that anymore, I don’t have to. If I have a timeshare and change my mind.....I can post my $70,000 timeshare on EBAY or Timeshare User’s Group (TUG) for one dollar like thousands of others and probably never sell it. I’d say this, IF you want a time share, buy it on the secondary market where an average $40,000 timeshare can be purchased for as little as one dollar. These poor folks will eat the original cost just to get out of it. And knowing what I do about timeshare ownership, I don’t blame them.

I purchased a fixed week in 1987 at a resort 100 miles from my residence. I've attended over 40 presentations since then basically to keep abrest of the evolution from fixed to floating to points. A Timeshare is not an investment. It cannot be sold for anywhere near purchase price regardless of what the sales team says. I cannot understand how this business continues to expand on the basis of fraud and deception. Explore airbnb, reputable hotel chains or Craigslist rather than signing a contract for 25-40 thousand dollars.

You have no proof of that. Plus you pay the 20k plus another 10k in fees each year. You can go on vacation for under 5k per year.

Thank you for your input! I would love to hear your story! Would you be interested to come on my radio show to talk about what you experienced, to maybe hopefully help others? I host a LIVE radio show weekly 'Real Estate Real Talk' at 107.5 FM in Savannah, GA 12:06pm EST. You can stream it online at www.wruu.org. I also published all shows on KZfaq at later times. If you are interested, please e-mail me at RealEstate@JuliaMSpencer.com -Julia Here is where to find my E-Books to learn: www.juliamspencer.com/ebooks/ These are the two most popular ones: EBook #1: Make Money with Tax Sale Investing www.juliamspencer.com/product/1191/ EBook #2: Make MORE Money with Tax Sale Investing www.juliamspencer.com/product/make-more-money-with-tax-sale-investing/

@@JuliaMSpencer As someone who has been in the timeshare industry for a decade and in Real Estate since i was 18 I can tell you there are a few companies who are out there that are very good and provide great value for the customer and then there are some THAT DO NOT! Their tactics are predatory and a couple are have the Federal Courts knocking at their door. If you want some inside info on what to watch out for and whats real vs whats BS i would love to give you some insight.

I would love to hear your story. If you are interested to share it, on my radio show or anonymously, please contact me on my website through the contact form: www.JuliaMSpencer.com

Sounds like it’s a good Deal. Be I Tete-a-tete to know your profit margins?

Good. You'll have to check your integrity at the door.

Not true that you have to heck your ethics at the door. Yes there are sketchy salespeople in the world but also many ethical ones. My family has had great results from salespeople, but also know someone who hasn’t. The main th8ng is get with a strong company, Wyndham or Marriott and make sure you enjoy traveling t become an owner. It’s like you wouldn’t buy a Lamborghini and live in Alaska year round. Or if you had no license. Saying a pyramid tactic is alluding to a ponzu scheme but being an owner isn’t like that

Again, from an investment perspective, why ‚invest‘ in timeshares? When there are lower hanging fruit? Tax sales is a great option, use Airbnb for your vacations!

As with all replies on this topic, timeshares are like religions. Everyone thinks they are right and everyone wants the other to convert to their way of thinking… So I can’t comment on much that you speak off here- all I want to say is timeshares are really really bad investments and even as a choice to use for vacation are way way overpriced and include too many regulations… for a tiny amount of people they work- for the rest they are a big waste of time and money. Choose wisely!

Yup that is Selling 101, hike up the price and then reduce it to the price it originally was---meh- oldest trick in the world, but it still works...

FYI Westin Windhim Marriott Hilton etc have Huge Maintenance Fees 3 to 4 times higher than Deeded Fixed Annual Timeshare Weeks that were built in the 1970s 1980s etc & my Deeded Fixed Annual Timeshare Weeks are very nicely maintained yet why install new appliances just to have stainless steel appliances when it's not needed or granite or 5 pools etc that all drives up maintenance fees too much HGTV and DIY out their if it's comfortable clean spacious and everything works great and we'll maintained you get much more for your money. Timeshares are like buying a new car or SUV, drive them off the lot and they loose a lot of value whether 1 month old or a year old :) New new new in Timeshares is all sales sales sales - I got a I Ocean Front 1,400 square feet 3 Bedroom 2.5 bathroom sleep 10 condo weeks with full size washer n dryer a dining room table that seats 8 to 10 a balcony so huge 30 people easily would fit for $0 to $800 for the Deeded Fixed Annual Timeshare Weeks and their maintenance fees in 2006 were $444 a year you pay 1/2 in Fall & 1/2 in the Spring and now in 2021 are only $580 everything in the condos has been replaced plus outside of the condos are all redone too even new elevators on the 6th & 7th floor all masonry building 8 Deeded Fixed huge condos 8 Deeded Fixed Annual Timeshare Weeks for a total of $2000 on in house resales that I am on the email list every month :) If you pay $40,000 for 1 new Timeshare Week a year later you may get $3,900 for it if your really fortunate, the sales people never tell anyone that fact just like a new car salesperson doesn't either

The difference is the product they sell. I work with several Realtors and it makes my job a lot easier. TS salespeople don’t sell Real Estate- just vacations. Completely different products.

@@JuliaMSpencer I was referring to their lack of honesty.

Well I don't know, I really don't think that Realtors lack in integrity more or less than any other professions (or salespeople), I guess there are good ones and bad ones out there...I think actual Realtors are bound by a sort of a code of ethics associated with their education and license requirements, but that doesn't mean that they follow it. The ones I have worked with have been very good though. And of course with regular Real Estate sales, there is the element of a duty of disclosure (of any flaws of what is being sold)....

Hi Angela, I am not an expert in timeshares, but I can tell you generally it is pretty much impossible to sell timeshares. There are so many that are on the market that people will practically give them away for free. Check out ebay.com or redweek.com- your best bet is to try to rent it when you don't use it, or else just return it to the resort. There are many companies out there that specialize in getting people out of timeshares also without any legal problems such as foreclosure. I do believe in the United States it is easier, but if you bought in another country, like Mexico, all you will be able to do is walk away with $0. I am sorry I don't have better news, but do please contact an attorney that specializes in timeshares, and/or else see check the websites to see if you can offer yours for sale and maybe find someone....

50 cents

Well you would be surprised how many people buy into it. I actually went to a timeshare presentation here in Mexico earlier this month and it was done so skillfully they literally told me they are just 'inviting me to a free breakfast' so I can hear about 'everything that the resort has to offer'.... I since subscribed to a few timeshare owner FB groups (to see what people talk about) and the lies they have been sold on....and how MUCH money some spent to become 'owners'...I even heard of some owners being sold timeshares completely drunk (being given free alcohol and being pushed into sales presentations upon arrival, tired and jet-lagged from travel). Some of the sales tactics are truly shameless. What's more is that some of the owners are so embarrassed to speak out that they rather defend their bad decisions over decades!!! (and pay up)....it's scary really I still never bought any, and never will...

Absolutely! My point exactly!

Hi Rich Howard, It is very tempting to get seduced by the sales personnel...that's why I make these videos. The numbers just don't make sense. Don't forget to check out my E-Books: EBook #1: Make Money with Tax Sale Investing www.juliamspencer.com/product/1191/ EBook #2: Make MORE Money with Tax Sale Investing www.juliamspencer.com/product/make-more-money-with-tax-sale-investing/ Consulting Packages: www.juliamspencer.com/package-deals/ Here is also where all of my Ebooks are: www.juliamspencer.com/ebooks/ -Julia My LIVE radio show that I host weekly 'Real Estate Real Talk' at 107.5 FM in Savannah, GA 12:06pm EST. You can stream it online at www.wruu.org. I also publish all shows on KZfaq at later times. So don't forget to subscribe there also (my KZfaq channel is 'Julia M. Spencer'). I also usually stream the show LIVE on Facebook, so you can ask me questions there, too.

Correct, many people fall for the marketing and the freebies.

It’s a snake 🐍 oil dream land to manipulate people to buy bad investment

Well you can always turn away and just listen...there isn't really a purpose for the background on this one. It's just where I happened to be at that time.

Same old s%^&* product...hmmm...let's see, I'll give you 46K so I can have a week somewhere sometime for each year....or else, I use that money to pick and plan my vacation anew each year depending on how my life and family changes...I don't think it's a choice...my information is NOT out-dated...exchanging timeshares, is just a new packaging on the same old crappy product....if anyone reads this that is considering timeshares...here is a tip: BUY THEM AT FORECLOSURE or don't buy them at all.

At 20% interest!

Hello mugentuner, and thank you for reaching out! Yes indeed! In a recent conversation I've had with a timeshare holder, we simply out it as timeshares are like '1 out of 10 families will benefit from it' (i.e. make great use of them, and save money). But the other 9 will be screwed over...because it is pretty much impossible to sell them when life's situations/ finances/ family situations change...so yes I agree with you on that...minuscule perks through sneaky salesmen tactics is completely correct! Please don't forget to subscribe at www.juliamspencer.com and also here at my KZfaq channel 'Julia M. Spencer'. My EBooks can be found here: www.juliamspencer.com/ebooks/ Check out my radio show aired at WRUU-LP, Savannah, GA 107.5FM Wednesdays at noon EST. Stream online at www.wruu.org. Thank you again for your comment! -Julia

Hello Climar Miller, no I don't actually waste any vacation time....I don't have vacation time per se, as I have been retired from regular work for about 5 years now, which I achieved through Real Estate Investing. I do bring my children along and teach them whatever I learn on all of our trips, but I don't have any 'set-aside' vacation time as most people consider it....so I don't need to squish in 'building memories with my family' into 1 week or 2 weeks a year. We are together and travel whenever school is out (which means we have WAY more time to explore life together than most people), we go on European trips in the summer for about 6-8 weeks, and we also do trips on all other times when school is off and weekend trips also :-) So no I don't consider learning what is presented at a timeshare presentation a waste of time at all, it is part of my life to learn and I enjoy learning- especially when I can make videos about I learn and share them with the world :-) I invite you to come on my radio show so you can speak about your timeshare on the radio LIVE to an audience of 200,000. I work at WRUU-LP 107.5 FM in Savannah, GA (stream online at www.wruu.org) as a volunteer (i.e. I don't get paid for this) and it is part of my community service to the people that listen to my show. I would love to ask you some questions about your timeshare. Feel free to contact me at RealEstate@JuliaMSpencer.com to set up a time to come on my show! Also what I usually do is bring people on the show that have been burned by timeshares alongside people like yourself (happy campers), because I would like to juxtapose opinions and discuss and really take apart the issue and understand it. So please before you leave any more (very valuable) comments, consider speaking to me and other guests on my show instead! -Julia Here is also where all of my Ebooks are: www.juliamspencer.com/ebooks/ Read more

Ethan Dumas maybe you shouldn’t be working for that company smh

climar miller I used to work for timeshare in maintenance dept so I know how they cut cost and stop approving parts for repairs after first 2 years open lol they charge yearly maintenance fees but domt want ti do any maintemance, anyone who buys one needs their head examined

Time shares are never an investment. They're a partially prepaid but ultimately perpetual expense that is fine for those with money to sink in to such activities.

True story. Like that’s not confirmation bias

Hello Jessica Cassell and thanks for reaching out! So there is really only a super small percentage of people who can benefit from any kind of timeshare...most regret the purchases, or have to work hard at making them 'work' for them and it's usually impossible to sell them....whether they are deeded or not, the foreclosure sales I have been to they can't even give them away for free usually due to the astronomical maintenance fees, which are never 'paid off'....so as a Real Estate Investor I highly recommend to stay away from them...if you can make them work for yourself, be my guest- not my area of expertise. I advise investors who want to make money with Real Estate, this is not a Real Estate Investment- it's a vacation club subscription! I always recommend to get the EBooks first, before making statements that are inaccurate. For the rest of the readers, check out my EBooks: Here is also where all of my Ebooks are: www.juliamspencer.com/ebooks/ I still offer very limited individual consulting. www.juliamspencer.com/package-deals/ Also I am very approachable so you can always ask me questions along the way, too. -Julia Also I have a LIVE radio show that I host weekly 'Real Estate Real Talk' at 107.5 FM in Savannah, GA 12:06pm EST. You can stream it online at www.wruu.org. I also published all shows on KZfaq at later times. So don't foget to subscribe there also (my KZfaq channel is 'Julia M. Spencer').

Jessica Cassell you are so awesome! You read my mind as I sell timeshares and am an owner myself. With multiple degrees in finance and business from very prestigious universities, I can say in full confidence and credibility that ownership, in any sort, is ALWAYS superior to renting in every aspect of business. Many companies now possess ovation aspects within the company that will aid and/or facilitate the transfer of the timeshare. If this girl in the video disagrees, then I pity the individuals that were intoxicated enough to do business with her. I also find it hysterical that she literally pitched you to buy her book and her website. This truly baffled me. The fact this woman gives any financial advice, lest investing, is actually hilarious. Watching this was like watching a plane crash. It just got worse with every second that went by... Her next video “how gambling is a really sound financial decision”. 😂

Hey y'all and thank you for your responses....it is always baffling me how the actually timeshare SALESPEOPLE are the only ones responding to my timeshare videos. They are the ONLY ones to loose from my sound advice, if heeded by the masses who buy them....of course there is a CONFLICT OF INTEREST! I am invading their source of Income. There are masses upon masses of poor timeshare owners who want nothing more desperate than to get rid of these financial obligations! Here are some numbers: At this 'fine' resort, I was offered a $46,000!!!!!!! (I wish to put more exclamation marks on this to show how ridiculous the price is) timeshare for which I would have had to pay approximately $800/month (mind you that is enough for someone's rent!) for the next decades to pay that off- in return I would have gotten a worthless piece of paper (a 'Deed' haha) to take a vacation for 1 WEEK PER YEAR!!!! Essentially I'd be paying $9,600 per year for that week of vacation at this resort. These numbers are no joke my dear subscribers, and NOT made up. I would be literally paying $9,600 a year for a 1 week vacation at this resort for the next 10 years or so. I'd end up paying (let's not even talk about time value of money) a whooping $96,000!!!! for a one week stay at the same boring place for the next 10 years for 1 week a year! These are ridiculous prices! And these salespeople actually justify that this makes any financial sense because you get a 'Deed' which is a worthless piece of paper in this circumstance! And my dear subscribers YES, I am advertising my books and my website as an ALTERNATIVE. If you want to make real money with Real Estate use the methods I use in my EBooks. For example just last week I bought a property for less than $1,000 at a Tax Lien Auction, a property that will eventually belong to me and I can use it 365 days a year, sell it without ANY issues, and use the money or rent to go stay and any freaking resort in the world I wish.....of course these numbers make you salespeople angry, because there is no return for you. But then again, I don't work for you, I work for the actual investors, and the people who have the dream to hold Real Estate for real and not some fake timeshare promise deal. Also, dear subscribers, if you don't believe my numbers, just search online the Hundreds of other videos where timeshare owners got screwed over with ridiculous prices and fake promises of actually 'owning something valuable'. The fact these people have some sort of license does not make them any more legitimate, it just proves that the Government is finally becoming wise to the tactics of the companies these people work for...and is trying to at least regulate the whole ordeal somewhat and require them to jump though certain hoops to finalize the deal. But you BETTER believe that the corporations work around the rules and there are plenty of uneducated people who believe the sales pitch anyways. Case in point I asked my sales lady several times during this timeshare presentation to explain to me how I can sell my timeshare if I don't want it anymore. Do you know what she said? 'There are ways...!' It was basically no answer, because it is very difficult, if not impossible to get of a timeshare. DEAR TIMESHARE SALES people, my e-mail is RealEstate@JuliaMSpencer.com contact me and I will put you on the AIR LIVE for over 200,000 listeners on my radio show 'Real Estate Real Talk'- your co-guests on the show ill be burned timeshare owners. I have yet to see ANY of you respond to my offer to defend your case publicly- instead you hide in the shadows and leave a stupid remark here and there on my videos but you have no substance/ courage to actually discuss why you think timeshares are a great deal LIVE on the Air with me. I look forward to hear from you! (Crickets....) Case closed.

Who can't get where they want to go when they want to go? Only those stuck in a lower cost time share plan.

Hopefully you're not just another low integrity con artist living to people and unethical abating them into lifelong commitments. Taking advantage of vulnerable people just became you can.

Aww thank you!

@@JuliaMSpencer maybe because she’s cool

Ummm not that I know of? Mom? Dad? lol....

Hello Gabriel Urrutia, Thank you for reaching out! And good luck! Honestly though a 'deeded' vacation that you own- that's just a bunch of baloney! Exchanging it is also a bunch of BS...do the math PLEASE! For your own sake! It's like paying rent for a boat slip where you can park your boat once a year- but you need to pay for that slip ALL year to use it for that one week....it just doesn't make sense! And when you no longer have the boat- guess what? You STILL need to pay for it, and so do your kids forever! Yeah it's not for everyone (that's a classical sales pitch statement btw) because it's for rarely anyone...(that's what they are really trying to say)...I spoke to a very successful salesman recently and they honestly know they are selling crap and don't care. You either are selling them yourself or you were recently sold one and you are still working through the cognitive dissonance to make some kind of positive sense out of that deal... But hey I didn't buy any, that's correct, and I am happy for that....so let's listen to the other folks on here to see how 'great of a deal' it really is....anyone please pitch in to this convo. -Julia www.juliamspencer.com/package-deals/ Hope this helps & I look forward to work with you! Here is also where all of my Ebooks are: www.juliamspencer.com/ebooks/ My LIVE radio show that I host weekly 'Real Estate Real Talk' at 107.5 FM in Savannah, GA 12:06pm EST. You can stream it online at www.wruu.org. I also publish all shows on KZfaq at later times. So don't forget to subscribe there also (my KZfaq channel is 'Julia M. Spencer'). I also usually stream the show LIVE on Facebook, so you can ask me questions there, too.