276: Timeshares 101 - How to Exit This Bad Travel Investment
Invest Like a Boss
Sam Marks Johnny FD Derek Spartz
4.8 • 518 Ratings
🗓️ 29 June 2023
⏱️ 50 minutes
🧾️ Download transcript
Summary
Johnny and Derek sit down for a 101 episode on a terrible investment - the Vacation Timeshare! Many people, especially in America, get suckered into these seemingly great vacation getaway deals only to find out they are much less glamorous than was pitched to them in their sales presentations. Besides the initial high fee to get in on these timeshares, they annual fees and restrictions really start to make you regret buying in. On top of that, when you want to get out, it's not easy to do! We go over everything in this episode from why timeshares are a bad to how to get out of one if you find yourself stuck.
Discussed:
Where we are:
- Johnny FD – Kyiv, Ukraine / IG @johnnyfdj
- Sam Marks – South Carolina/ IG @imsammarks
- Derek – Los Angeles / IG @DerekRadio
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- ILAB Patreon
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Time Stamp:
- 05:59 - How Johnny Sold Timeshares
- 12:40 - Different Types of Timeshares
- 24:52 - Johnny's Family Member Bought a Timeshare
- 38:24 - How to Exit Your Timeshare
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Transcript
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| 0:00.0 | Before we kick off this episode, I want to thank those listeners out there who have joined our |
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| 1:01.7 | Click become a Patreon and thank you for your support. All right, let's kick off this episode of |
| 1:06.8 | Invest Like a Boss. Welcome to the Invest Like a Boss podcast. I'm Sam Marks. |
| 1:11.4 | I'm Derek Sparts. |
| 1:12.4 | And I'm Johnny FD. |
| 1:13.4 | We're self-made entrepreneurs who invest our own money and use modern technology to |
| 1:16.8 | invest like a boss. |
| 1:17.9 | Join us each week for exclusive interviews with our network of modern investors, business |
| 1:21.6 | owners and multimillionaires to discover new ways to invest our hard-earned cash. |
| 1:28.1 | Hey bosses, and this is Johnny Johnny and welcome to another episode of Invest Like a Boss. |
... |
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