TUG MEMBERS: Joining TUG does not automatically register you as a user of the TUG Bulletin Board. You must register yourself.


*ads are disabled when logged in as a member*
  1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 25 years!

    Join tens of thousands of other owners just like you here to get any and all Timeshare questions answered!
    Dismiss Notice
  3. TUG has now saved timeshare owners more than $13,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $13Million dollars
    Dismiss Notice
  4. Sign up to get the TUG Newsletter for free! Join tens of thousands of other owners who get this every week! Latest resort reviews and the most important topics discussed by owners during the week!
    Dismiss Notice
  5. TUG is trying out a new program that will trade you a TUG membership for a Timeshare resort review if you are an expired member, or even just a guest here on the forums!

    Read more here
    Dismiss Notice
  6. Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    Read more Here
    Dismiss Notice
  7. Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
    Dismiss Notice
  8. TUG has now joined Priceline.com as an affiliate!

    Members and guests who book air travel, rental cars and even Cruise Vacations thru TUG's priceline links will now support TUG in the process!

    Read more here
  9. A few of the most common links here on the forums for newbies and guests!
    Dismiss Notice

Buy Resale and Retire F/T in Timeshares - Anyone do that yet?

Discussion in 'Buying, Selling & Renting Timeshares' started by CanadaGuyEh, Aug 31, 2019.

  1. rickandcindy23

    rickandcindy23 TUG Review Crew: Expert TUG Member

    Joined:
    Jun 6, 2005
    Messages:
    21,724
    Likes Received:
    1,416
    Trophy Points:
    549
    Location:
    The Centennial State
    Resorts Owned:
    Wyndham Plat,RCI pts,Shell,WorldMark,OKW,SSR pts; Marriott's Willow Ridge;Val Chatelle; Hono Koa; SBP; Blue Ridge Village.
    As a homebody, I couldn't do it, but we do travel 10-12 weeks/yr and have been doing that for many years, way before Rick even retired from the fire department. I am so glad to get back home after each trip.

    Our cat is getting old and won't eat much anymore, which has us concerned we will lose him, which has kept me from taking trips for more than 2 weeks at a time. My stepdad cares for the cat when we are gone. He is going to be 85 this year, in a few days, so we cannot count on him forever.

    We have a plan to travel more during the winter months at some point, but maybe not. Still a homebody. Colorado is a beautiful place to live, but it's changed a lot in recent years with the legalization of marijuana. Denver and the suburbs are expanding quickly.

    We get our airfare free by putting everything on credit cards, but we did just pay actual money for our airfare to Italy in April-May. We are going on a cruise with our son, daughter-in-law and granddaughter. This is a cruise for DIL's 40th birthday, so we are tagging along. She found a really good deal on airfare in Delta One. It's three weeks, and I am so hesitant to go for three weeks.
     
  2. A.Win

    A.Win TUG Member

    Joined:
    Oct 20, 2013
    Messages:
    267
    Likes Received:
    29
    Trophy Points:
    138
    Location:
    Northern VA
    Many people have written about cruising and timeshares for long term stays. Here is another variation to consider:

    All inclusives in Mexico and the DR can be about $70 per person per night or less. So this is under $500/week per person. I am a member at one resort that allows me to pay less than $500 per week and I get the entire room to myself (if I travel alone). This includes being next to a beautiful beach as well as unlimited food, drinks, activities, and entertainment.

    You can also alternate this with timeshare or AirBNB stays. This allows you to lose the weight you gained while staying at the all inclusive.
     
  3. CanadaGuyEh

    CanadaGuyEh Guest

    Joined:
    Mar 21, 2019
    Messages:
    35
    Likes Received:
    11
    Trophy Points:
    8
    Resorts Owned:
    Hilton Grand Vacation - 2 platinums, Wyndham - 1 week, WorldMark 2 weeks
    Have been offshore expat for 10 years - no medical. Have to go back and stay 3 months to get back on if ever needed - but probably won't bother =) Just live it out.
     
    Grammarhero and Bigmac69 like this.
  4. CanadaGuyEh

    CanadaGuyEh Guest

    Joined:
    Mar 21, 2019
    Messages:
    35
    Likes Received:
    11
    Trophy Points:
    8
    Resorts Owned:
    Hilton Grand Vacation - 2 platinums, Wyndham - 1 week, WorldMark 2 weeks
    Thanks for that - will look at that if ever need - right now am not a resident of any province - am just CDN.
     
    Bigmac69 and T-Dot-Traveller like this.
  5. frank808

    frank808 TUG Member

    Joined:
    Jan 6, 2010
    Messages:
    2,041
    Likes Received:
    350
    Trophy Points:
    193
    Location:
    Beautiful Oahu
    Have been staying at Marriott Koolina beach club for the past few years. Here is a breakdown of weeks at Koolina. We also own HGVC and DVC weeks/points. At MKO and MVC weeks were for 1br units or larger. HGVC are also 1br units or larger but DVC is a mix of studios to 1br units.

    2013 25 weeks at MKO, 2 weeks at other MVC properties in US, 2 weeks with HGVC and 8 weeks at DVC
    2014 34 weeks at MKO, 5 weeks at other MVC properties in US, 3 weeks with HGVC, 1 week with Westin and 2 weeks at DVC
    2015 34 weeks at MKO, 7 weeks at other MVC properties in US, 5 weeks with HGVC and 2 weeks at DVC
    2016 43 weeks at MKO, 2 weeks at other MVC properties in US, 1 week with HGVC and 2 weeks at DVC
    2017 42 weeks at MKO, 2 weeks at other MVC properties in US, 2 weeks with HGVC, 1 week at Westin and 2 weeks at DVC
    2018 42 weeks at MKO, 4 weeks with HGVC and 2 weeks with DVC
    2019 40 weeks at MKO, 1 week at other MVC property in US, 4 weeks with HGVC, 1 week at Westin and 1 week at DVC

    All weeks in HGVC and MVC were bought resale. DVC is a mixture of mostly resale and some direct points. Just about 6 weeks ago I did a direct purchase of DC points to enroll a little over half of MVC weeks into the DC points program.
     
  6. Grammarhero

    Grammarhero Official TUGBBS Rescission Master TUG Member

    Joined:
    Jun 9, 2019
    Messages:
    1,154
    Likes Received:
    553
    Trophy Points:
    163
    Location:
    Washington, DC Area
    Resorts Owned:
    Wyndham, EY 434k pts
    Williamsburg Plant, EY 4L/4
    DRI South Bend, EY 1/1

    Been to:
    Intl: Aruba, Aus, Bah, China, Jpn, HK, Macau, Mex
    US: AZ, CA, DC, DE, IL, IN, KY, MD, NC, NJ, NV, NY, OH, OR, PA, SC, TN, TX, VA, WA, WV
    I think you deserve to be added to the two couples who TS FT.
     
    TXTortoise likes this.
  7. Grammarhero

    Grammarhero Official TUGBBS Rescission Master TUG Member

    Joined:
    Jun 9, 2019
    Messages:
    1,154
    Likes Received:
    553
    Trophy Points:
    163
    Location:
    Washington, DC Area
    Resorts Owned:
    Wyndham, EY 434k pts
    Williamsburg Plant, EY 4L/4
    DRI South Bend, EY 1/1

    Been to:
    Intl: Aruba, Aus, Bah, China, Jpn, HK, Macau, Mex
    US: AZ, CA, DC, DE, IL, IN, KY, MD, NC, NJ, NV, NY, OH, OR, PA, SC, TN, TX, VA, WA, WV
    That’s amazing. You averaged 47 weeks in TS for the last 7 years.
     
  8. T-Dot-Traveller

    T-Dot-Traveller TUG Member

    Joined:
    Jun 10, 2015
    Messages:
    2,198
    Likes Received:
    972
    Trophy Points:
    173
    Location:
    Canada
    Resorts Owned:
    Mayan Palace Regency
    Taranova
    Just curious - where do you stay the other 5 weeks in 2019 etc ?
    I don’t mean specific / just family / cruise / trips to xx - etc.

    also -I assume your comparison is full ownership beachfront property in the Koolina area - and that the upfront +carrying cost of that would be more $ .
     
    Grammarhero likes this.
  9. frank808

    frank808 TUG Member

    Joined:
    Jan 6, 2010
    Messages:
    2,041
    Likes Received:
    350
    Trophy Points:
    193
    Location:
    Beautiful Oahu
    Mostly cruising. Spent 2 weeks cruising Alaska and one week on land from Seward to Denali. Next month will be cruising out of Galveston in the Caribbean. Then back to MKO for the rest of 2019 except for Christmas and New Years at Hilton Hawaiian Village Lagoon Tower.

    Full ownership next door at Koolina Beach Villas would have cost over 1.4 mil for a 2br/2ba. Carrying cost would have been less than a TS with exchange fees.

    Sent from my SM-N950U using Tapatalk
     
    Grammarhero and T-Dot-Traveller like this.
  10. Grammarhero

    Grammarhero Official TUGBBS Rescission Master TUG Member

    Joined:
    Jun 9, 2019
    Messages:
    1,154
    Likes Received:
    553
    Trophy Points:
    163
    Location:
    Washington, DC Area
    Resorts Owned:
    Wyndham, EY 434k pts
    Williamsburg Plant, EY 4L/4
    DRI South Bend, EY 1/1

    Been to:
    Intl: Aruba, Aus, Bah, China, Jpn, HK, Macau, Mex
    US: AZ, CA, DC, DE, IL, IN, KY, MD, NC, NJ, NV, NY, OH, OR, PA, SC, TN, TX, VA, WA, WV
    I would say you live the dream.
     
    kwelty likes this.
  11. heathpack

    heathpack Tug Review Crew: Rookie TUG Member

    Joined:
    Oct 22, 2008
    Messages:
    3,561
    Likes Received:
    970
    Trophy Points:
    348
    Location:
    Los Angeles
    Resorts Owned:
    Hyatt High Sierra and Highland Inn
    Disney’s Grand Californian and Hilton Head Island
    Marriott Barony Beach and Mountainside
    Sheraton Broadway Plantation
    So how many KoOlina weeks do you own vs other Marriott weeks?

    Do you have a sense for how much less your buy-in timeshare costs for the KoOlina trades were vs how much more the carrying costs are and at what point you’d have been better off buying at KoOlina Beach Villas?
     
  12. rapmarks

    rapmarks TUG Review Crew: Elite TUG Member

    Joined:
    Jun 6, 2005
    Messages:
    6,082
    Likes Received:
    1,271
    Trophy Points:
    449
    Fred808, how do you handle state and federal taxes? Are you considered a resident of Hawaii? What do you use for your legal address? Do you get to stay i the same unit or do you move around a lot?
     
  13. frank808

    frank808 TUG Member

    Joined:
    Jan 6, 2010
    Messages:
    2,041
    Likes Received:
    350
    Trophy Points:
    193
    Location:
    Beautiful Oahu
    Actually I dont own any koolina weeks. All MVC weeks are on the mainland US. The buy in for all my MVC weeks was approximately 60k. MF for those weeks comes out to about 38k annually. With my purchase price for the marriott units vs mortgage and monthly mf of the Beach villa unit, it would not work in my lifetime.

    I still keep a home here that is about 7 minutes down the road from MKO. I use my home address and since i reside on Oahu more than 50% of the year I am a hawaii resident.

    I have to move around if the room codes are not exactly alike. We were in the same unit for 2 weeks in Aug and will be in this current unit for 4 weeks since it was the same zzaa code. But next week Friday we have to move to NAIA tower.


    Sent from my SM-T217S using Tapatalk
     
    Last edited: Sep 12, 2019
  14. cowboy

    cowboy Tug Review Crew: Rookie TUG Member

    Joined:
    Jun 12, 2005
    Messages:
    139
    Likes Received:
    35
    Trophy Points:
    238
    Location:
    Bastrop, texas
    Were you able to enroll any post 2010 resale purchases? How do you trade into Ko Olina? Is it thru Interval International or directly with Marriott?
     
  15. frank808

    frank808 TUG Member

    Joined:
    Jan 6, 2010
    Messages:
    2,041
    Likes Received:
    350
    Trophy Points:
    193
    Location:
    Beautiful Oahu
    Yes, end of July I was able to enroll a bunch of weeks by buying DC points retail from MVC.

    I trade via II for MKO from day 1. Will still be trading via II but the enrolled weeks will not cost me exchange fees anymore. I really dont think I will be using DC points much for any stays here at MKO.

    Now for me this works as I have a home here. Doesn't matter to me if I get a trade or not.

    Sent from my SM-N950U using Tapatalk
     
  16. rapmarks

    rapmarks TUG Review Crew: Elite TUG Member

    Joined:
    Jun 6, 2005
    Messages:
    6,082
    Likes Received:
    1,271
    Trophy Points:
    449
    Do you rent out the home since you are gone so many weeks?
     
  17. djpotts50

    djpotts50 Guest

    Joined:
    Sep 20, 2009
    Messages:
    10
    Likes Received:
    11
    Trophy Points:
    63
    Location:
    Full-time RV & Timeshares ( no fixed location)
    Resorts Owned:
    WorldMark, Vacation Internationale, Thousand Trails
    I have been living in RV Campgrounds, Timeshares, and Cruise Ships for 9 years now. I could live full-time in any one of the three, but prefer mixing it up for the sake of variety. I DO NOT own a sticks-n-bricks type of home.

    Thousand Trails Ultimate Odyssey campground membership: 108 campgrounds, park-to-park with no system out time requirement, 28 day stays. Yearly maintenance is $585.00

    WorldMark 105,000 credits Non-housekeeping account (equivalent to Wyndham Plantinum Travelshaft): about 100 timeshares. Yearly maintenance is $7,340.28.

    Vacation Internationale Prestige-Platinum 373 points: about 45 timeshares. Yearly maintenance is $2,705.22.

    Cruises: average $100.00 per day per person all inclusive (except alcohol). Last minute cruises can be had for about $40.00 to $75.00 per day per person.

    Also have memberships in Coast-to-Coast, RPI, Passport America (Discount camping); Interval International & RCI (Timeshare exchanging & discount cash deals).

    This allows us to live in all three, travel full-time, and do so on a very frugal budget. I have also considered a house-boat or yacht as a substitute for an RV, and the costs fall in line to be nearly the same. Super Mario lives on RCCL for $75,000 per year all inclusive (except alcohol), so living on a cruise ship is also doable for some.

    Check out my Retirement website for more info - http://ddwt.us.
     
    Last edited: Sep 14, 2019
    amycurl and dgalati like this.
  18. dgalati

    dgalati TUG Member

    Joined:
    Jul 16, 2015
    Messages:
    1,139
    Likes Received:
    375
    Trophy Points:
    143
    Location:
    Chardon, Ohio
    Resorts Owned:
    Grand Desert
    National Harbor
    Glad that Florida was spared a direct hit from Dorian. I'm not surprised how many rooms you were able to book in the 60 discount day window. I also find RCI to be a great value. I have booked Many nice resorts out of the Wyndham system. Wyndham resorts can also be booked RCI for up to 1/2 the points needed if booked through Wyndham.
     
    Last edited: Sep 14, 2019
  19. frank808

    frank808 TUG Member

    Joined:
    Jan 6, 2010
    Messages:
    2,041
    Likes Received:
    350
    Trophy Points:
    193
    Location:
    Beautiful Oahu
    We have been talking about it for past 5 years at least but have not done so. We stop by there to change out clothes every so often. Also have to put a lot of furniture and stuff in storage when we do it.

    Sent from my SM-N950U using Tapatalk
     
  20. Larry M

    Larry M TUG Member

    Joined:
    Jan 23, 2012
    Messages:
    209
    Likes Received:
    57
    Trophy Points:
    138
    Location:
    Raleigh, NC
    And they charge dearly for those medical facilities. It's essentially a concession; the cruise line finds a third party to run the dispensary/clinic.
     
  21. mcZabel

    mcZabel TUG Member

    Joined:
    Jan 6, 2017
    Messages:
    4
    Likes Received:
    2
    Trophy Points:
    63
    Resorts Owned:
    DRI
    I've been reading all the mechanics of how you all are able to live in TS's but having lived in TS with my husband for the last 5mos I can tell you I would NEVER do this full time.
    We sold our home in April in Peoria, AZ and put all of our belongings in a storage unit.We are having a home built in Prescott, AZ and it will finally be done at the end of Sept.
    We took a 22day cruise to Europe, got back to PHX and drove our car to see relatives in upper midwest for a few days then to Avon CO to a TS. Since early May we've been in TS's through DRI in AZ and one week in Vegas(short drive).
    My husband and I do not have family that is willing to go anywhere with us, so we are isolated in these places. We don't know anyone in any of these places and it is BORING. There are not enough of the activities at any of these resorts that we enjoy. We don't golf and we can't eat out in restaurants due to dietary restrictions. My husband enjoys building things in a workshop. I would enjoy having a dog again, but the vast majority of Diamond Resorts do not allow pets.
    We are in beautiful Sedona but sightseeing in a place that we have been to many many times before doesn't interest us. Over the years, we literally have seen it all.
    Most of the people at these resorts are with traveling companions. We do talk to other couples at the resorts but of course they check out and are gone in a few days.
    I will be extremely happy to get back into a house and to a neighborhood where we can meet people and have a pet. We had to use all of our 2019 and 2020 points to make this work, so we will be at home in our new home for most of 2020.
    This suits me fine, even if I will have to clean my own toilets and wash my own towels and bedding!
     
    Laurie and rapmarks like this.
  22. frank808

    frank808 TUG Member

    Joined:
    Jan 6, 2010
    Messages:
    2,041
    Likes Received:
    350
    Trophy Points:
    193
    Location:
    Beautiful Oahu
    That is the beauty of timeshares. Buy for what you want to use. For you it would seem a week or two would be a good fit. For my family and I, it is great to be able to use a TS so often. Timeshares have allowed us to visit so many places for weeks at a time economically. We bought many weeks and points in various systems to use in retirement. Since we own them now, mine as well make use of them until our retirement in a few years. We have no interest in staying in one place for more than a month or two at a time.

    Sent from my SM-N950U using Tapatalk
     
  23. geist1223

    geist1223 Guest

    Joined:
    May 20, 2015
    Messages:
    2,283
    Likes Received:
    1,668
    Trophy Points:
    174
    Location:
    Salem Oregon
    Resorts Owned:
    Worldmark 89,000
    Seaside Oregon Residence Club
    Diamond Resorts Intermnational Hawaiian Collection 50,000
    Royal Solaris San Jose del Cavo
    Why have you limited yourself to Arizona and Las Vegas?
     
  24. rapmarks

    rapmarks TUG Review Crew: Elite TUG Member

    Joined:
    Jun 6, 2005
    Messages:
    6,082
    Likes Received:
    1,271
    Trophy Points:
    449
    I missed something, what is advantage of spending full time in timeshares and still maintaining a home?
     
  25. SJS

    SJS TUG Member

    Joined:
    Jun 15, 2013
    Messages:
    5
    Likes Received:
    0
    Trophy Points:
    111
    Location:
    Spanaway, WA
    What I don't see included is the cost of travel between timeshares, which would include meals/hotels as well as gas or airline tickets.
     

Share This Page