Anyone own or know anything about timeshare or Disney Vacation Club?

I love to travel all the time, and I am looking to make a profit as well. I have student loans to be paid back in the future. Is is possible to make a profit off of timeshare? Can I charge friends to use my property? Can I make a profit if I sell it in the next 5 or 6 years? I was looking to buy a small house or timeshare, but I dont know if I want to stay in a house where I live for years and years. What is a better investment? I do love to travel and renting a house I would have to rent a room out to someone for a profit, which won't give me privacy. Any advice? Please be detailed and specific with your experiences. Thanks.Anyone own or know anything about timeshare or Disney Vacation Club?
If you are not familiar with timeshares, I'd recommend that you stay far far away. First, you do not have any equity in a timeshare. Any appreciation that is gained by the property goes to the timeshare company that runs it. Secondly, you are locked into a contract that obligates you to pay whether you use it (or find someone to use it like a renter). These annual maintenance fees consistently increase over time unlike a traditional mortgage. Thirdly, it's not necessarily easy finding a renter and you must get permission from the timeshare to rent. Lastly, it is very difficult to get rid of a timeshare should you decide you want out. There is an abundant supply but buyers are hard to find. Large timeshare companies pay upwards of 60% of the upfront cost just in sales %26amp; marketing. Most likely you don't have that kind of budget.



Timeshares should never be considered as investments.Anyone own or know anything about timeshare or Disney Vacation Club?
Your question: "Can I make a profit if I sell it in the next 5 or 6 years?" the answer most likely is NO!! People who have paid thousands of dollars for timeshares from a developer are now selling them for less than $100 even some for $1. You can search on ebay and find tons of timeshares. There are a few that might keep their value but not many out there. You mentioned Disney. Orlando is overbuilt with timeshares that even renting there would be hard. I have seen some rent for even less than their maintenance fee.