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Author Topic:   Starting our OWN vacation club
sreiml8

TUG Member

Posts: 386
From: Louisville KY USA
Registered: Jan 2004

posted 04-21-2005 05:43     Click Here to See the Profile for sreiml8   Click Here to Email sreiml8     Edit/Delete Message   Reply w/Quote Post A Reply
quote:
Originally posted by JeffV:
And you might be surprised at how much more I know about this than you seem to think I do.

Are we gonna get it one line at a time?

I am aware of my similar posting style and just teasing.

------------------
Glenn
"and all that you touch and all that you see
is all your life will ever be." Pink Floyd

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PA

TUG Member

Posts: 3908
From: San Antonio, TX 78258
Registered: Mar 2002

posted 04-21-2005 06:23     Click Here to See the Profile for PA   Click Here to Email PA     Edit/Delete Message   Reply w/Quote Post A Reply
quote:
Originally posted by JeffV:
And you might be surprised at how much more I know about this than you seem to think I do.


I'm not claiming you're a dummy, I know better. But you couldn't possibly know the people who have responded via email and what they've said they would be interested in doing (financially and otherwise). Nor how much investment would be involved, since there's not even a business plan yet.

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JeffV

TUG Member

Posts: 3916
From: Houston, TX
Registered: Dec 2000

posted 04-21-2005 06:29     Click Here to See the Profile for JeffV   Click Here to Email JeffV     Edit/Delete Message   Reply w/Quote Post A Reply
PA, here is another good email lead for you. I will be more than happy to pass along any other good investors that come along.
I'm not trying to rain on your parade, just keeping others from thinking it is quick and easy.
DEAR SIR,

I AM MISS JAN TAYLOR 25YRS,THE DAUGHTER OF THE FORMER
LIBERIAN PRESIDENT CHARLES TAYLOR,I HAVE IN MY POSSESSION
THE SUM OF TWELVE MILLION UNITED STATE
DOLLARS{$12,000,000.00},AND THE TOP LIST OF MY PRIORITY IS

WHERE TO INVEST THIS MONEY OUTSIDE MY COUNTRY.
"REASON BEST KNOWN TO ME" . I URGENTLY NEED YOUR ASSISTANCE
IN PROVIDING A RELIABLE GENUINE TRADE OR COMPANY WHERE I
CAN INVEST THE FUND AND IMMEDIATELY MEET YOU IN YOUR
COUNTRY FOR SETTLEMENT.

PLEASE I WILL KINDLY WELCOME YOUR ADVICE TOO. I AM
EXPECTING YOUR URGENT MAIL RESPONSE. I NEED YOUR SUPPORT
AND SERIOUSNESS. I AM PRESENTLY ON EXILE IN FREE TOWN
SIERRALEONE WITH MY BROTHER CHOKRI TAYLOR AFTER THE UNITED
STATES ASKED MY FATHER TO RESIGN AS THE PRESIDENT OF
LIBERIA. MY FATHER IS ALSO ON A SELF EXILE TOO IN ONE OF

THE WEST AFRICAN COUNTRY.
YOUR URGENT RESPONSE IS EXPECTED. SEND CONFIDENTIAL PHONE
NUMBER SO THAT I CAN REACH YOU WHEN NECCESSARY.SEND YOUR
REPLY TO MY CONFIDENTIAL BOX:

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PA

TUG Member

Posts: 3908
From: San Antonio, TX 78258
Registered: Mar 2002

posted 04-21-2005 08:00     Click Here to See the Profile for PA   Click Here to Email PA     Edit/Delete Message   Reply w/Quote Post A Reply
quote:
Originally posted by JeffV:
PA, here is another good email lead for you. I will be more than happy to pass along any other good investors that come along. ...

Thanks, Jeff. I assume then, that we can count you in as well?

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Simoncc

TUG Member

Posts: 186
From: Manchester, England own at Kilconquhar, Forest Hills,Dona Lola
Registered: Jun 2003

posted 04-21-2005 08:46     Click Here to See the Profile for Simoncc   Click Here to Email Simoncc     Edit/Delete Message   Reply w/Quote Post A Reply
quote:
Originally posted by PA:

QUESTION

Who would we target? How would we reach them? How would we build the credibility to make them comfortable giving us their credit card number and reserving a room.

[/B]


The timeshares that most justify their MF's are peak holiday period units in the less overbuilt areas. Target your marketing at people who need to holiday at these times i.e. people working in education or families with school age children.

With regards to building up trust, it would be the same as any new venture; advertise in the right way in the right places. Offer the better deals to early takers (as per low cost airlines) and you will be offering something different in the marketplace. People tied to particular holiday periods are those most likely to see the benefit of planning ahead.

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calihockey33

TUG Member

Posts: 1982
From: So California, USA
Registered: Sep 2003

posted 04-21-2005 09:05     Click Here to See the Profile for calihockey33   Click Here to Email calihockey33     Edit/Delete Message   Reply w/Quote Post A Reply
I say forget the things that take the most work. Renting and exchaning.
It's already going to be quite a bit of work finding and closing on undervalued properties.
The only rentals I think I would consider, would be some of the points systems. These can be cancelled if you dont find a renter with minimal cancellation fees. Buy millions of Fairfield points, HGVC points.
I'd focus the efforts on a resale group. Renting would be secondary, just renting while the properties are on the market.
IMO , many tuggers (like me) would rather risk some $$, than take a lot of time & risk trying to rent for minimal profit.
I might as well lose money with something I enjoy, instead of watching it go down the tubes in the stock market.
If rentals were a focus.. not only do we need to find undervalued properties, we have to find ones that have good rental prospects. IMO, Those are going to be VERY difficult to find.


------------------
Grand Pacific Resorts Owners Group
Private Group for Grand Pacific Resorts Owners

[This message has been edited by calihockey33 (edited 04-21-2005).]

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PA

TUG Member

Posts: 3908
From: San Antonio, TX 78258
Registered: Mar 2002

posted 04-21-2005 09:42     Click Here to See the Profile for PA   Click Here to Email PA     Edit/Delete Message   Reply w/Quote Post A Reply
quote:
Originally posted by calihockey33:
I say forget the things that take the most work. Renting and exchaning.
It's already going to be quite a bit of work finding and closing on undervalued properties.
The only rentals I think I would consider, would be some of the points systems. These can be cancelled if you dont find a renter with minimal cancellation fees. Buy millions of Fairfield points, HGVC points.
I'd focus the efforts on a resale group. Renting would be secondary, just renting while the properties are on the market.
IMO , many tuggers (like me) would rather risk some $$, than take a lot of time & risk trying to rent for minimal profit.
I might as well lose money with something I enjoy, instead of watching it go down the tubes in the stock market.
If rentals were a focus.. not only do we need to find undervalued properties, we have to find ones that have good rental prospects. IMO, Those are going to be VERY difficult to find.


I agree that the easiest bucks are flipping resales. Buy cheap and sell at the going rate. This is what I do for a living, and the return is excellent.

The problems with focusing on this is:

1) I don't need investors, nor do most of us. If we find a deal, we buy it and flip it. Why share the profits?
2) Doing this doesn't build anything of value. If I stop buying tomorrow, my cash flow goes away. If we build a company, theoritically you build it up and have equity in the company that you can later sell.

Yes, building a business based on rentals and exchanges is more work, but I think it would be rewarding in the long run.

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