Doug chats with both his dad and Chris Rusin about timeshares and each of their experiences with them. They explore the aggressive sales tactics often used, financial pitfalls, hidden fees, the dubious resale market, harsh realities of escalating maintenance fees, and ultimately selling a timeshare. They also highlight tactics for surviving timeshare presentations and explore how timeshares may fit into broader financial strategies.

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Links

Connect with Chris
Chris Rusin on MHFI episode 020
Chris Rusin on MHFI episode 273
MHFI Facebook group
Doug’s site
Check out Producer Chris’s new blog: Epic Financial Journey

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**Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.**

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Email the show: doug@milehighfi.com

0:00 Introduction

2:43 A masterclass in sales

8:18 Analyzing the value of timeshares

15:14 Timeshare memories with Doug’s dad

21:10 The sales process

28:42 Maintenance fees & freebies

34:42 Getting rid of timeshares

41:31 Pros and cons

46:18 Opportunity cost of owning a timeshare

54:39 Soundcheck – Horseback riding

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