"I'd use the current value because I could sell it at that if I were doing this as an investment. Anyone with a liquid investment should compare to what they could get out for, not just what they paid for it. That's why I'd use the higher of price paid or current value. When calculating return, one would need to compare to the "investment" in a each point, not to the price obtained. The price charged of each point would have to be looked at as dues, return of principle, "profit" plus any other expenses of which there are many possibilities many of which I've noted but I'm sure there are others. $3 is a 4.5% return on a value of $68 pp, even if you used $50 pp as the basis, it's only a 6% return."
I see where you are determining that number but disagree with your basis for the calculation.
"I certainly haven't seen that. While I do know some of them at times rent for more than $10 pp, I don't think that's at all consistent in spite of what they say. And when they do, they tend to have additional expenses like ebay selling fees, square deal certification fees, paypal fees in addition to the myriad of possible expenses we've already talked about. As I invited previously, I'd love to see a breakdown of numbers that would suggest a return of 10% consistently net of ALL fees and expenses."
One commercial renter bragged about it Dean which I thought was pretty tacky.
"That's not what I said and you know it. What I said was there are other possible expenses and risks that could offset any "profits" and would need to be taken into account for anyone wanting to rent
DVC as a business. And these include the risk of losing points for one reason or another, not only a real riks but a likely riks for a "commercial renter". And it's also possible one would end up getting to rent points two times, this would be less likely but still could be considered."
Yes but using that particular one was pretty much a red herring.
"At this point, I'm trying to figure out your contention other than you don't like renting. I don't really understand your overall position other than you want to argue with me, maybe I'm missing something."
Actually this go round started out because I disagreed with you about not having a significant tax bill from rentals. This last was not about renting as an activity.
I have to say though that I could never understand why you so vehemently defend the people who rent more than occasionally until I clicked on your Timeshare page.
Pretty interesting to see that your timeshare link consists only of ads for rent and sale of your timeshares with a picture or 2 thrown in.
. Just my 2 cents though.
