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I would like to buy a ski condo in a resort in B.C.

Q: I would like to buy a ski condo in a resort in B.C. What should I look out for? Which one would you recommend?

A: I love skiing. Buy them all. But if you mean which has the best appreciation potential . buy in a resort where there is more than just a lift and a parking lot.

There has to be some après-ski. Buy where visible investment has gone in.

Buy a resort that has skiing but also golf -a two-legged resort (summer and winter income) is always better. Buy in the summer.

Buy year-round personal-use ownership even if you wish to rent it. Stay away from time share, quarter-share and hotel-type investments. It is a good time to buy. Most resorts are down in price by between 20 and 40 per cent!

About Ozzie Jurock

OZZIE JUROCK (FRI) is the author of Forget About Location, Location, Location. Ozzie Jurock is also president of Jurock Publishing Ltd.

Peter C. Newman in his book Titans called him a Real Estate Guru. Vancouver Magazine called him one of the 45 brightest people in Vancouver. Ozzie Jurock appears every 2nd Wednesday on Global TV News Hour. He also authored the book: Forget About Location, Location, Location and has written hundreds of published real estate articles in the Vancouver Sun, Business in Vancouver, the Globe and Mail, the Western Investor and dozens of magazines. (List of published articles.) Several thousand people have subscribed to his monthly and weekly newsletters Jurock Real Estate Insider and Jurock’s Facts by Email.

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