Should You Buy a Timeshare? The Answer Won't Surprise You | Ep. 274

In this episode, we discuss whether you should buy a timeshare and whether it counts as an investment property or not. The answer should not surprise you. It's no. 

In a timeshare, generally, the only person getting rich is the person selling the property. That's because by the time the purchase price is spread across 50 different people, the purchase price of the property may be twice its market value. Timeshares are very hard to sell as there isn't any robust secondary market, which means there is little capital gain to be had. 

And during the time you are able to use the property, you generally do not have the ability to rent it. That means no cashflow. 

We also mention our No Money Worries – property investment email course. This 9-lesson course will teach some of the basics about property investment, including our top tips that aren't available elsewhere on our website.