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Why Timeshares Are Not A Good Investment

timeshare investments

June 4, 2020 – by Primo Management Group

timeshare investments

Investing is something we all have a different idea about. Some of us love the idea of investing in the stock market because we naturally understand it and know how to research it and see positive results. Others like to invest in real estate, but they do not have hundreds of thousands to invest. That’s where the timeshare options come into play. You take a property that’s in a desirable travel destination like Las Vegas, Orlando, Key West, San Francisco or something like that. You grab as many weeks or weekends as you can, especially during prime tourist seasons and you rent out the property for as much as possible.

In many cases, investors see a solid profit, especially if they get the perfect times of the year to rent out the property and they would argue that timeshares are in fact a great investment. However, look at the situation they are in, they have a property that is available during the prime time of the year for tourists, meaning hotels are charging far more for a room and that gives these investors a real advantage. Your problem is that you are unable to get that type of a location at that particular time. Some areas may have a longer stretch where you can rent out the location, but peak seasons or especially times revolving around major events are still limited in availability for you to have a chance to capitalize and make money.

The issue isn’t that these timeshares are a bad investment, the problem is that you are not given reliable information on how to invest in them wisely. For example, you meet with a company offering times for Key West. They explain that you can get times down there for January, March, August and September. That seems ideal and you sign up, thinking you can easily rent out the unit and turn a major profit. The problem is that January isn’t peak season, your time in March is before spring break hits, August is slow where as the end of July is extremely popular and September is also slow where October and November are very popular. You were sold the wrong times and cannot get a return on your investment.

See the problem and how your fortune isn’t as lucky as someone else who is investing in these timeshare options? Yes, you can make money investing in these properties and many people do. However, the biggest mistake people make is that they sign up for times that are not desirable for tourists and then it’s nearly impossible to rent out the property, especially for something that could generate enough profit to make it worth your time and money.  

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Relieve Yourself of the Unwanted Timeshare Burden

Your information is 100% secure and encrypted. We will never sell or share your information with anyone.

Frequently Asked Questions ?

How does PMG get me out of my timeshare contract?

PMG is not a resale, transfer, or donation company. We are consumer advocates—we help to negotiate the release of your timeshare contract obligation. We do not buy, sell, or rent your timeshare. Simply put, we help you to get out of your timeshare contract forever.

How long does the process usually take?

Usually less than 12 months, but it all depends on your situation. Let us help you. Speak to your advisor about the time, and what delays the resorts have put into place to prevent timeshare owners from departing their ownership. If you have a mortgage or past due maintenance fee, the process takes more time.

How much is my timeshare worth?

This is probably going to hurt, but whether you paid $5,000 or $50,000 for your timeshare, the IRS values all timeshares as worthless investments. In addition, that timeshare would have negative value due to the annual maintenance fee bill which compounds year after year. That is until PMG helps you cancel your timeshare.

Can I use your service if I still have a balance owed on my mortgage?

Yes. Whether you bought your timeshare 20 days ago or 20 years ago, PMG has a solution for you and is here to help.

Will my name be off the timeshare?

Yes! Permanently! GUARANTEED!

In addition to getting me out of my timeshare, can you recover the money I’ve already spent on mortgage payments and maintenance fees?

While we are able to recover money in rare cases, beware of any timeshare cancellation company that entices you with the promise of fund recovery. The truth is, the resorts are loath to give back the money they’ve already taken for timeshares.

Are your consumer advocates really “consumer advocates”, or is that just a fancy word for salesperson?

Because most of our clients have had their trust betrayed by timeshare salespeople, we understand how some consumers can become a bit jaded. When you call us for a consultation, that’s exactly what you get, a consultation. At PMG, our job is not to sell you; our job is to help you get out of your timeshare. Which is why we have numerous 5-star reviews and an “A” (excellent) rating from the BCA.

Why should I choose PMG to get me out of my timeshare?

We go above and beyond for our customers by helping to protect you, and have the best success rate in the industry, rated 5-stars by clients. We pride ourselves on providing our customers with the best customer service in the industry. When you contact our company, you speak to a live person, not an automated system or voicemail. We offer a 100% money back guarantee, and we can provide documented proof of our success in helping customers just like you.

What happens after I sign up with you? Will I be apprised of your progress?

At PMG, we pride ourselves on our hands-on, boutique-style customer service, so every new client will work with our expert, experienced team whose job is to keep you in the loop throughout the entire cancellation process. We are always just a phone call away.

How much is your fee?

Not all timeshare experiences are created equal. Some are more complicated than others, and every situation is different. That’s why our trained timeshare elimination consultants will ask you a series of questions designed to determine exactly what needs to be done to terminate your timeshare, how long it will take, and how they can best advocate for you. We will always seek the most cost-effective route for you.

What if I still have more questions?

Canceling a timeshare contract is not a cookie cutter process. With each situation being unique, once you complete the form below an experienced consumer advocate will call you today to discuss your options.