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When we looked into buying a place at Big White 4-5 years ago when the prices had dropped (I don't know where they're at now) because of the high strata fees even if you had it rented out almost full time you'd struggle to break even. The resort is only really busy Dec-Mar but you pay the same fees year round. Then because you want to keep it rented out, you have to plan when you'll use it no differently than renting someone else's place (and you're still paying for it because you're not getting the rental income when you're using it).
In the end we decided against tying up money in something where the resale value is so volatile. When we looked apparently the values had been cut in half vs 5 years prior. Couple that with the steep maintenance fees and it didn't make sense to us, but maybe it's better to someone with more money or more realty experience.
If you do get a place though don't use something super basic for the passcode for the lockbox for the place. A buddy and I accidentally went into the wrong AirBNB once because they both just used the year.
edit: another factor was having zero faith in the current Big White management. They keep throwing money at things that make the hill worse to use and more dangerous, so I wouldn't be surprised if they managed to think something up that tanks property values.
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1991 Toyota Celica GTFour RC // 2007 Toyota Rav4 V6 // 2000 Jeep Grand Cherokee
1992 Toyota Celica GT-S ["sold"] \\ 2007 Jeep Grand Cherokee CRD [sold] \\ 2000 Jeep Cherokee [sold] \\ 1997 Honda Prelude [sold] \\ 1992 Jeep YJ [sold/crashed] \\ 1987 Mazda RX-7 [sold] \\ 1987 Toyota Celica GT-S [crushed]
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Originally Posted by maksimizer
half those dudes are hotter than ,my GF.
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Originally Posted by RevYouUp
reading this thread is like waiting for goku to charge up a spirit bomb in dragon ball z
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Originally Posted by Good_KarMa
OH thank god. I thought u had sex with my wife. :cry:
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Last edited by underscore; 09-07-2019 at 02:58 PM.
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