I have a vacation home. How can I set it up as a time share property?
November 15th, 2011 | by admin |I have a 1500 sq ft full log home on Lake Michigamme in the Michigan Upper Peninsula. It is on three (3) acres with 241 feet of lake frontage. It is open year around and is great for all seasons. I could sell to twelve (12) buyers offering each 4 weeks per year, or 24 buyers offering 2 weeks per year. I would be the principle caretaker. What can I do?
You would probably not be successful in selling a large number of the periods; the good ones would be taken but the others would sit unsold.
A better idea would be to find a local company that handles seasonal rentals and let them rent it out when you are not there.
One Response to “I have a vacation home. How can I set it up as a time share property?”
By OldJimmy on Nov 16, 2011 | Reply
You would probably not be successful in selling a large number of the periods; the good ones would be taken but the others would sit unsold.
A better idea would be to find a local company that handles seasonal rentals and let them rent it out when you are not there.
References :