Are Vacation Clubs a Good Idea?

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  • Опубликовано: 12 янв 2025

Комментарии • 21

  • @ervinlopez4295
    @ervinlopez4295 Год назад +6

    Well I'm late , wish I had informed myself before accepting the contract

  • @BeDangerousGroup
    @BeDangerousGroup Год назад +8

    The Disney one used to be worth it. But they jack up the dues every year and we have been struggling to get the dates we want because they oversold it. There are way more people who 'own it' than they have properties available.
    Disney said it best in the Incredibles..."When everybody is 'super', then no one is."

    • @josiahphillips895
      @josiahphillips895 Год назад +3

      Thanks for sharing. Just came back from a vacation club presentation an hour ago. My head is still buzzing. After several hours of they persuading us we finally turned it down. I am glad we did

  • @tbizzelltx
    @tbizzelltx Год назад +8

    Another problem with these clubs is that many will lease to the public at reasonable prices. As a member of the "club", you are competing with customers of costco travel. Many can be booked directly through the resort. My brother and I had a 2 bedroom condo near disney in orlando, rental car for 8 nights, 4 days disney, 2 days universal, and a visit to NASA, for 3600.

  • @williamgallagher5839
    @williamgallagher5839 6 месяцев назад +3

    Im a victim. They lied to me about the maintenance fees never changing. Im within my 10 day window to cancel. Calling tomorrow to cancel

  • @bebrittanyable
    @bebrittanyable 2 месяца назад +1

    Go with Wyndham or Hilton - they have real packages but play hard ball until the end. You’ll get a better deal. Or walk away if you have other priorities. Don’t pay over 10,000 ever! Best wishes!

  • @samardah6078
    @samardah6078 8 месяцев назад +1

    This is an excellent video about vacation clubs and time share. Thank you for a well presentation and explanation to all the hidden fees that you get hit and scammed with…..

  • @ThunderBroomPilot
    @ThunderBroomPilot Год назад +3

    Vacation clubs (timeshares by other name) words should never be combined with the word "investment" unless a "NEGATIVE value money pitt."

  • @realtoreal321
    @realtoreal321 Год назад +5

    Thanks for this info Michael . I'm looking for info on RCI they promise no maintenance fees at all.
    Also please send me the link for your syndication investment program

    • @michaelparksrealestate
      @michaelparksrealestate  Год назад

      You can check out my syndication program here: spireinvestmentproperties.com and join my investor club (free) to see deals.

    • @michaelparksrealestate
      @michaelparksrealestate  Год назад

      spireinvestmentproperties.com

  • @mikosan77
    @mikosan77 Год назад +2

    Lifestyle Holidays Vacay Club told me I wouldn't have to pay maintenance fee... probably a lie, glad I didn't buy into the pitch.

  • @samardah6078
    @samardah6078 8 месяцев назад +1

    Thank you for the video, actually it is a scam and a waist of money. Cause they hit you with the yearly maintenance fees that match what you pay to stay in a 5* hotel.. it is a big Scam

  • @VenkatSodimella-dc4jx
    @VenkatSodimella-dc4jx 10 месяцев назад

    Now my question is some of the clubs are having every alternate maintenance.what do say about this

    • @michaelparksrealestate
      @michaelparksrealestate  10 месяцев назад +1

      I am sorry, I don't understand what you mean by "every alternate maintenance". In general, properties require maintenance and the cost goes up over time. That is just a fact of the world. So, if there is ever a promise of "maintenance included" or "capped" I don't believe it. You will have to pay for it somehow. Good Luck!

  • @wittsdd
    @wittsdd Год назад +2

    The absolute worst “investment” any human can make.

  • @rmn1titw392
    @rmn1titw392 Год назад

    I'm got scammed lol but it builds your credit up.

  • @Toogoodtobetrue458
    @Toogoodtobetrue458 2 года назад

    Money pit is the more appropriate label

  • @markdiedwards4857
    @markdiedwards4857 Год назад

    you never speak badly about something to try to sell an other thing

    • @entertainmentinternational1087
      @entertainmentinternational1087 4 месяца назад

      Unless ur telling the truth.. the truth is the truth good or bad.. if it's bad it's not talking bad it tell the truth...

  • @blakjak8719
    @blakjak8719 8 месяцев назад

    No.