• About Frank

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  • Frank Rizzi manages Bos Commercial in West Covina and has been in real estate since 1988. Since then, he has made millions for his investors over the last decade.

    With his team of experts, he has built a solid reputation as a responsive expert with in-depth market perspective of a local firm coupled with the sophisticated capabilities of a national company.

    BOS Commercial has positioned itself to handle every aspect of your commercial property
    investment whether it be purchases, management, leasing, renovations, or sale of your property.

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Time Shares, Are they worth it? Part I.

I just got back from Cabo San Lucas, and as many of you who may have traveled to Mexico’s Tourist Location, I got bombarded by offers to visit timeshare locations in exchange for free attractions, car rentals, or even cash.  I have been to Mexico several times, so I know the game.  I do own a timeshare that I like a lot and I find it to be a good value.  I am usually staying at 4 or 5 star resorts, for about $550.00 a week.  The place is usually a one or two bedroom condo, not a small hotel room, and located on the beach.  Being that I am an “owner” and I meet the right stereotype of the perfect buyer(married, American, family, & am not in the travel industry), I can usually negotiate the largest incentive plan for the two hours I will be giving up on my vacation.

The typical commission a salesman makes in getting someone to attend a timeshare presentation  is about $500.00.  Knowing this, I will usually request twice this amount in incentives.  I usually end up with about $400-$450, worth of incentives.  I typically will arrange a private fishing trip, a golf outing, a spa treatment for my wife, and a credit to my timeshare services bill. I have been on dozens of boat cruises, meals, island hops, and wilderness adventures all for free.   This is step 1 of the timeshare game.  If the first salesman does not give you what you want, go to the next, these guys would rather only make $25.00 off of you, then make nothing at all.   Remember never ever buy at these meetings, until you finish reading all the parts of this blog.