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Old 09-04-2013, 04:01 PM   #17
Flamenspiel
Lifetime Suspension
 
Join Date: Mar 2011
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Quote:
Originally Posted by Laner99 View Post
I had the fifth wheel and truck for a while but found that we could not use it nearly enough to justify having 65 K sitting there for 8 the 12 months out of the year when it is too cold to use and the cost of the maintenance of a diesel truck, storage for the trailer, and depreciation of everything was a real losing venture.
Its a mistake to think that fractional ownership or timeshares are real estate, they are very hard to resell and are usually resold at a loss so it will be just like owning a fifth wheel or truck with a whole new set of costs(condo fees and assessments).

I suggest you save your money until you can buy your own property and then look for one which can have capital appreciation and revenue. The idea is to get something that pays for itself and your holiday. You will find that the US is far more affordable in terms of recreational real estate.
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