For those of you who are either current investors in Whistler Phase 2 real estate or thinking about buying it….. observing our situation should tell you what you need to know. We are a group of investors from B.C., Ontario, California, the United Kingdom, South Africa and Singapore who purchased Phase 2 units in Whistler and we feel compelled to… [read more]
Tag Archives | Whistler
Whistler Phase 2 Investors – Please Do Your Homework
For those of you who own or are thinking about buying Whistler Phase 2 real estate, it is critical that you read the restrictive covenant that the City of Whistler attaches to your purchase. Why? Because this document is actually an additional contract that every Phase 2 buyer enters into when they buy property. So, not only do you have… [read more]
From Whistler Visitor to Real Estate Investor
As we continue to study the Whistler Economic Initiative (EPI) report, it clearly shows that Whistler is a very significant economy. With over $1B in annual expenditures and $1.3B in GDP, Whistler is a meaningful part of British Columbia’s overall economy. Whistler’s economy, not surprisingly, is driven by what the Whistler EPI report refers to as “Destinational Visitors.” These visitors… [read more]
Whistler Visitors – Where Do They Stay?
As you read the Whistler Economic Partnership Initiative (EPI) report, it doesn’t take very long to conclude that the vast majority of the total spending at Whistler is largely driven by “Destinational Visitors.” In fact “Destinational Visitors” comprise 68% or $867M of a total $1.3B in revenue spent in the Resort. This shouldn’t be surprising as Whistler is a large… [read more]
Whistler’s EPI Report – Avoiding the Issues
Recently the RMOW provided an update on it’s progress since its Economic Progress Report from October 2013 Report . As many locals may know, the EPI Report is a full-blown foundational attempt by Whistler to restore growth and lustre to the resort and the community. It’s (allegedly) a holistic look at what Whistler needs to do to maintain its leadership… [read more]