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re: Week 28 of 52 2013 Golfing Thread - Independence Day Edition
Posted on 7/5/13 at 5:50 pm to KingRanch
Posted on 7/5/13 at 5:50 pm to KingRanch
i asked for an appraisal of what the course was worth and it really caught the person asking for my investment off guard. I dont think it is worth close to 2.6 mil
Posted on 7/5/13 at 5:53 pm to theBeard
Property is only worth what you can charge for breaking it up into residential lots with the proper infrastructure
Posted on 7/5/13 at 5:53 pm to theBeard
Property was appraised for 3.2 mill in 2011.
Posted on 7/5/13 at 5:55 pm to snatchola
thats much more then I would have guessed.
Posted on 7/5/13 at 5:55 pm to snatchola
Hola, text coming your way, I forgot you posted!

Posted on 7/5/13 at 5:56 pm to snatchola
If it appraised for 3.2, why can't they get capital to keep it going? Seems like a 600k capital loan plus operating cash could have maybe turned it around
Posted on 7/5/13 at 5:56 pm to snatchola
what is the business plan going forward?
Posted on 7/5/13 at 5:57 pm to Thib-a-doe Tiger
Club won't make it unless debt is completely gone. Bank note must be wiped away.
Posted on 7/5/13 at 5:58 pm to theBeard
Who approached you?
Business plan will be released soon. It's going to be an uphill battle to get enough support. But if we get to 400 members...it will be a lock solid private club.
Business plan will be released soon. It's going to be an uphill battle to get enough support. But if we get to 400 members...it will be a lock solid private club.
Posted on 7/5/13 at 6:01 pm to snatchola
a couple of people have texted to see my interest. My family were members in the late 90's into the early 2000s
Posted on 7/5/13 at 6:01 pm to snatchola
Good luck Snatchola!!!! hope it can work out ..Just curious, how any clubs in te state have 450 members ???
Posted on 7/5/13 at 6:03 pm to BeaverPRO
300ish .. About to be one less as I am getting out soon ... 
This post was edited on 7/5/13 at 6:04 pm
Posted on 7/5/13 at 6:04 pm to threeputt
Or I should say at one point Ellendale had around 500, but I don't know who they are. You would think the course would be jammed up with that many, but every time I go there might be 20 people on the course
Posted on 7/5/13 at 6:04 pm to threeputt
quote:
300ish .. About to be one less as I am getting out soon ...
Por Que??
Posted on 7/5/13 at 6:05 pm to threeputt
quote:
.. About to be one less as I am getting out soon ...
The pull of L'Augusta is too much huh?
Posted on 7/5/13 at 6:06 pm to snatchola
Snatch...
If or when the course does re-open, are there just going to be the 400 or so members? or are there going to be additional members added later?
If or when the course does re-open, are there just going to be the 400 or so members? or are there going to be additional members added later?
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