Timeshares are an appealing way to invest in vacation rentals and properties for many people. Individuals who don’t have the resources for an expensive vacation property may see a timeshare as an investment opportunity that can give them a chance to take a more affordable vacation every year in a favorite destination and have an asset that can appreciate over time.
Why do people like timeshares?
Everyone likes to have a place to go on vacation. If you own vacation timeshare, you have a “home away from home” that you can go back to time and time again. People take vacations at their timeshare location each year or trade their “week” for a chance to visit somewhere new.
While it is not true ownership, it is an emotional investment for many people who like to return to a special place each year with family or friends. People like to buy timeshares because it gives them a chance to feel that they own a piece of real estate that they do not have to live in or maintain every day. It is a bit like owning a vacation home without the responsibility of upkeep and maintenance through the rest of the year.
Some of the advantages of timeshares include predictability (you know where you are going to be on vacation in advance and can adjust your work life and schedule accordingly). If you choose a fixed week you can even know in advance when you are traveling and take advantage of discounted airlines and other early-bird incentives. If you choose a floating week, you can reserve in advance a week at your convenience. You can use your week to trade or gift with friends and family and many people rent out their week if they are unable to use it.
The Downside to Timeshare Investing
One potential downside with timeshare investing is that timeshares are easy to purchase, but sometimes difficult to sell. That’s because the location or the property that you have rented may be appealing to you, but it may not be as appealing to other people. Like other real estate investment decisions, it is important to choose a quality project in a desirable location that is likely to continue to improve with time.
It takes a lot of strategic marketing and advances planning to resell a timeshare. This is difficult for many people who don’t have a lot of experience in real estate. So what can people do when they have a timeshare they want to sell?
Enter Josh Ungaro from Allied Solution Group — the Timeshare Guru
Josh Ungaro owns Allied Solution Group, a timeshare company that allows you to purchase and sell discounted timeshares. Josh Ungaro was originally hired by Wyndham Hotels and Resorts and saw vacation rentals as an opportunity to help others discover the freedom and flexibility of vacation rental ownership.
In 2011, Ungaro created The Mid-West Transfer, which offered time share owners a way to sell their shares with a title or deed transfer. One of the most challenging things with timeshares is the ability to sell the timeshare. Ungaro developed a reputation for honesty and integrity in a business where these virtues are hard to find, by allowing timeshare holders to resell their shares with speed and sometimes with a profit!
Once he had expanded his company to a national level, he decided to create Allied Solution Group, which has assisted in over 20,000 successful transfers of timeshare ownership.
Ungaro says he was inspired to start his business from his experience in the hospitality industry, as well as his knowledge of timeshares and how some people were getting stuck with their timeshare and were unable to unload it when they wanted to.
Josh Ungaro said it took about 30 days to make Allied Solutions Group profitable. His team of sales professionals contacted timeshare owners by phone to generate new business.
About Allied Solutions Group
Allied Solution Group is one of the leading timeshare relief companies in the United States, is offering time share and vacation resort property owners burdened by high loans and excessive maintenance fees, cost-effective and efficient options for disposing of their timeshare without damaging their credit rating or defaulting on their contractual obligations.
Whether you are in the market for buying or selling a new timeshare, Josh Ungaro and Allied Solution Group can help you get the most out of your investment.
It helps to have a skilled expert on your side when it comes to dealing with timeshares. With decades of experience, Josh Ungaro and the Allied Solution Group team can help you implement the best strategy for succeeding in this tricky and often complicated business.