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Do you want to be an inverstor in the reopening Oaks at Sherwood golf course?

Posted on 1/14/15 at 4:33 pm
Posted by Croacka
Denham Springs
Member since Dec 2008
61441 posts
Posted on 1/14/15 at 4:33 pm
Just got this email a few minutes ago:

Ladies and Gentlemen,

If you haven’t heard about the buzz about the opportunity for the Oaks at Sherwood Golf Course to open back up let me be the first to tell you.

I recently approached the new owners with their interest in opening up the golf course and they were very enthusiastic about keeping the property a green space. We have come to an agreement that we (potential inverstors) will raise the money to fix the golf course and get it back in playing condition.

We have quotes to fix the golf course and get it back into playing condition for $300,000. We would like another $200,000 in operating expenses. $500,000 total is our goal!

Currently we have 20% of our goal and this is just by word of mouth. We need your commitment of $5000 or more to reach our goal. We are looking for a total of 100 investors. Anything more than 100 investors will go towards course improvements or operating expenses.

If you are interested in investing please reply to this email or call me with your information. Right now all I need is your pledge to commit. We will be collecting money as soon as we reach our goal.

Please don’t sit on this email. We need a response ASAP so that we can get back to the owners and let them know we are serious about this golf course. This is our chance to get back the course that many of us have missed in the past year and a half. We should not just sit by and think that someone else is going to swoop in and save the course. It is our job to do it. We let it slip by once before and I know a lot of us are kicking ourselves for it.

Also, if you can’t be an investor please reply back if you are interested in becoming a member of the course.

We will have a meet and greet with the owners at the club house on Wednesday the 21st at 6:30pm. Hopefully during this meeting we can answer all questions that you have about the course. I will be the first to tell you that we don’t have all of the answers but we are willing to give you all of the info that we have. I urge you to come to show the owners our interest in reviving this course even if you can’t become an investor. During this time you can give me your information if you want to be an investor. I will send out a reminder the day before and the day of the meet and greet.

Below is the Frequently asked question about the course. If you have any questions or comments please don’t hesitate to ask.

Thanks,
Hien (Hen) Nguyen
225-266-5486

FAQ:

Why do you think we will have a better chance at the club staying open this time?
Looking at the past numbers we found that if we didn’t have the loan debt of $17,000 per month the club would have been in position to prosper. Now we have an agreement in place to only take true profits to pay the owners of the land. Simple point is that we don’t have a huge debt to worry about anymore.

When is the expected opening date?
June 1st, 2015.

Will I get my money that I invested back?
There is a slim chance that you can get your money back if the course is successful. After the first year we will have predetermined percentages for the property owner, investors and golf course maintenance. So, it is really up to us to make this course successful.

Does my investment include membership?
It does not include membership. It is an investment in opening up the golf course.

I don’t have $5000 to invest but I want to help. What can I do?
We need you to help us spread the word of getting investors or businesses involved. You may be able to get your friends to pool your resources to reach $5000. Or you might just make a small donation to the cause. Every bit helps.

What are the membership fees?
To be decided, but we do expect it to be around the same as before.

Will the course be private?
We will open the course with a mix of private and open to the public.

What about the irrigation?
Our initial goal is to get the irrigation back to its previous state of operation. If we turn a good profit we will look into automating the irrigation.

What about food and beverage?
The new owners will be running the food and beverage. This means that the only thing we have to focus on is golf.

Is there anything else we can do to help?
Yes. We need you to spread the word about the course. Also, we are looking for volunteer work to help with the business side of the golf course. We need lawyers, accountants, and laborers. If you can help please contact us.

Will it be called the Oaks at Sherwood?
The new name will be The Legacy
Posted by blue_morrison
Member since Jan 2013
5103 posts
Posted on 1/14/15 at 4:36 pm to
Posted by Croacka
Denham Springs
Member since Dec 2008
61441 posts
Posted on 1/14/15 at 4:38 pm to
What Hen Win didn't mention is how they are going to lease/pay for the land...

I don't see how the current landowners are going to be compensated
Posted by KBeezy
Baton Rouge
Member since Dec 2004
13529 posts
Posted on 1/14/15 at 4:39 pm to
This is the second time they have tried to gather investors to reopen it
Posted by JG77056
Vegas baby, Vegas
Member since Sep 2010
12059 posts
Posted on 1/14/15 at 4:48 pm to
So my 5 grand wouldn't even allow me to play there? Sweet!
Posted by Croacka
Denham Springs
Member since Dec 2008
61441 posts
Posted on 1/14/15 at 4:50 pm to
Well that is pretty typical
Posted by Motorboat
At the camp
Member since Oct 2007
22649 posts
Posted on 1/14/15 at 4:50 pm to
quote:

Croacka


I didn't realize you lived in the neighborhood and that you were Asian.
Posted by Brummy
Central, LA
Member since Oct 2009
4492 posts
Posted on 1/14/15 at 4:51 pm to
Golf courses - solid investments in 2015.

Movie rental stores and newspapers too.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65037 posts
Posted on 1/14/15 at 4:52 pm to
quote:

Will I get my money that I invested back?
There is a slim chance that you can get your money back if the course is successful.


quote:

Does my investment include membership?
It does not include membership. It is an investment in opening up the golf course.


What in the frick?
Posted by Gorilla Ball
Member since Feb 2006
11637 posts
Posted on 1/14/15 at 4:53 pm to
yes I want to jump all over this...
Posted by VetteGuy
Member since Feb 2008
28007 posts
Posted on 1/14/15 at 4:54 pm to
Bitcoin is a better investment.
Posted by Croacka
Denham Springs
Member since Dec 2008
61441 posts
Posted on 1/14/15 at 4:55 pm to
It kind of reminds me of those Nigerian prince emails
Posted by Thib-a-doe Tiger
Member since Nov 2012
35327 posts
Posted on 1/14/15 at 4:56 pm to
I don't understand why there's a slim chance you'll get your money back even if it works
Posted by Gorilla Ball
Member since Feb 2006
11637 posts
Posted on 1/14/15 at 4:58 pm to
this
Posted by Jim Rockford
Member since May 2011
98077 posts
Posted on 1/14/15 at 4:59 pm to
Only if it has a Go Kart track and a waterpark.
Posted by Putty
Member since Oct 2003
25479 posts
Posted on 1/14/15 at 4:59 pm to


seems like a lot of work for $200
Posted by Croacka
Denham Springs
Member since Dec 2008
61441 posts
Posted on 1/14/15 at 4:59 pm to
Some type of profit sharing it sounds like



But it sounds like they couldn't profit ebough to pay the 17,000 monthly debt, even though it was busy


So are they going in realizing they aren't gonna make shite? How are the landowners even considering this?
Posted by Broke
AKA Buttercup
Member since Sep 2006
65037 posts
Posted on 1/14/15 at 5:00 pm to
If this guy was looking to write a letter in the most offputting way possible to attract investors, mission accomplished.

I'll be surprised if they scrape up enough cash to buy a golf cart.
Posted by TROLA
BATON ROUGE
Member since Apr 2004
12289 posts
Posted on 1/14/15 at 5:00 pm to
Might as well burn the money with what is listed in that email.. Don't even get a membership... frick that
Posted by Ed Osteen
Member since Oct 2007
57423 posts
Posted on 1/14/15 at 5:00 pm to
"There is a slim chance you can get your money back if the course is successful"

They really put that in the letter that is asking for investors??
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