Golf Thread

[Interloper]

That's insane...these guys are just different. If it hasn't already been mentioned ITT, highly recommend checking out the Netflix series Full Swing for a little insight into the wild world of these players.

 

[HughJanus]

There's gotta be 130 people here with $10k each right?

3501 M 65, Glennie, MI 48737 | Zillow

3501 M 65, Glennie MI. The Rent Zestimate for this property is $1,170/mo, which has decreased by $58/mo in the last 30 days.

www.zillow.com

 

[Jim14510]

There's gotta be 130 people here with $10k each right?

3501 M 65, Glennie, MI 48737 | Zillow

3501 M 65, Glennie MI. The Rent Zestimate for this property is $1,170/mo, which has decreased by $58/mo in the last 30 days.

www.zillow.com

Seems pretty reasonable.

 

[Pepe Silvia]

There's gotta be 130 people here with $10k each right?

3501 M 65, Glennie, MI 48737 | Zillow

3501 M 65, Glennie MI. The Rent Zestimate for this property is $1,170/mo, which has decreased by $58/mo in the last 30 days.

www.zillow.com

I've worked in the golf finance business previously and that's going to be a hard pass for me. Courses like that are basically a bonfire that you keep dumping buckets of cash into

You'd probably need to buy that for half of what it's listed for to have a chance of getting positive cash flow. Even then it would be tough

 

[Jim14510]

I've worked in the golf finance business previously and that's going to be a hard pass for me. Courses like that are basically a bonfire that you keep dumping buckets of cash into

You'd probably need to buy that for half of what it's listed for to have a chance of getting positive cash flow. Even then it would be tough

That's why Trump loves them. Operating losses roughly equal to the appreciation in the land and hopefully less in the long run. Net worth increases and tax losses every year to go along with it.

Of course Glennie, MI probably isn't ideal for the land appreciation.

 

[HughJanus]

I've worked in the golf finance business previously and that's going to be a hard pass for me. Courses like that are basically a bonfire that you keep dumping buckets of cash into

You'd probably need to buy that for half of what it's listed for to have a chance of getting positive cash flow. Even then it would be tough

Internet says it costs roughly $560k/yr to operate a course in the upper central states. Probably only 6 months of golfable weather in Michigan. Let's say it's $56/round to play. You'd need to average about 56 full rounds per day to break even. Yeah that seems impossible in Glennie Michigan.

 

[Jim14510]

Internet says it costs roughly $560k/yr to operate a course in the upper central states. Probably only 6 months of golfable weather in Michigan. Let's say it's $56/round to play. You'd need to average about 56 full rounds per day to break even. Yeah that seems impossible in Glennie Michigan.

But if you charge $112/round only 28 rounds per day sounds doable?

Alcohol/food gross profit Would cut that down too.

 

[Pepe Silvia]

Internet says it costs roughly $560k/yr to operate a course in the upper central states. Probably only 6 months of golfable weather in Michigan. Let's say it's $56/round to play. You'd need to average about 56 full rounds per day to break even. Yeah that seems impossible in Glennie Michigan.

Exactly. I did some looking on their website and the course looks pretty basic, so you could probably get under that maintenance budget, however...

-course opens for the year on May 11, so maybe a 5 month season

-the tee sheet for this weekend is wide open. Considering this is their peak season, that's not great

-Memberships costs $725 for a family, which is less that some small 9 hole courses in NE. So first thing you need to do is raise that price, which will piss people off and you'll lose a bunch of members


I absolutely love the idea of owning a golf course, but for the most part it's a shitty business to be in

 

[Seaofred92]

What are the best public courses in the Omaha area? Anyone with a connection at Champions that could get me on? I’ll be in town first week in August and looking to play a few rounds

 

[HughJanus]

I absolutely love the idea of owning a golf course, but for the most part it's a shitty business to be in

I think owning an indoor practice facility would be a good compromise. Have like 8 sim bays and an artificial turf practice green with a couple bunkers. There's one around Seattle I found and they are charging around $500/mo for membership. Could probably cut that fee substantially in NE.

 

[Pepe Silvia]

I think owning an indoor practice facility would be a good compromise. Have like 8 sim bays and an artificial turf practice green with a couple bunkers. There's one around Seattle I found and they are charging around $500/mo for membership. Could probably cut that fee substantially in NE.

If think if you you could find a way to have real grass to hit off inside it would be amazing in the winter. But that's my own bias since I absolutely refuse to hit off mats

 

[HughJanus]

What are the best public courses in the Omaha area? Anyone with a connection at Champions that could get me on? I’ll be in town first week in August and looking to play a few rounds

I haven't played many in Omaha but Tara Hills, Miracle Hills, and Shoreline were pretty enjoyable. One year our company outting was at Bent Tree just outside of council bluffs. It has some pretty unique holes.

 

[HughJanus]

If think if you you could find a way to have real grass to hit off inside it would be amazing in the winter. But that's my own bias since I absolutely refuse to hit off mats

I could see big grass trays with a growing medium that you could move to and from an attached greenhouse space. Just recess a spot in the bay floor.

 

[Samkellers_69]

Finished up shoreline at about 130. Finished with a personal best 96.

Tee boxes were a little beat up but overall the course was in fantastic shape. Greens were awesome.

 

[DrinkItIn]

Finished up shoreline at about 130. Finished with a personal best 96.

Tee boxes were a little beat up but overall the course was in fantastic shape. Greens were awesome.

I'm glad to hear that. I play there weekly, and while the greens are not in bad shape, I just find them terribly slow and usually pretty shaggy.

 

[lee_carvallo_12]

If think if you you could find a way to have real grass to hit off inside it would be amazing in the winter. But that's my own bias since I absolutely refuse to hit off mats

have you hit off these? would love to invest in this for my garage sim, but wife would crap at the price.

<iframe title="vimeo-player" src="" width="640" height="360" frameborder="0" allowfullscreen></iframe>

TrueStrike Golf Mat - Static Impact | Golf Hitting Mat | Golf Practice Mat

TrueStrike Golf Mat - Static Impact is a revolutionary golf hitting mat that acts and feels like a Natural Fairway. It offers Flexible and Stretchable Surface, Divot-Simulating Silicone Subsurface, and Shock & Impact Reducing Material. Call 1 (888) 871-6110 or buy online at topshelfgolf.com

topshelfgolf.com

 

[lee_carvallo_12]

This would be interesting to try, too>

https://a.co/d/iLkYxYw

 

[Pepe Silvia]

have you hit off these? would love to invest in this for my garage sim, but wife would crap at the price.

<iframe title="vimeo-player" src="" width="640" height="360" frameborder="0" allowfullscreen></iframe>

TrueStrike Golf Mat - Static Impact | Golf Hitting Mat | Golf Practice Mat

TrueStrike Golf Mat - Static Impact is a revolutionary golf hitting mat that acts and feels like a Natural Fairway. It offers Flexible and Stretchable Surface, Divot-Simulating Silicone Subsurface, and Shock & Impact Reducing Material. Call 1 (888) 871-6110 or buy online at topshelfgolf.com

topshelfgolf.com

those definitely look like an improvement

 

[lee_carvallo_12]

those definitely look like an improvement

This looks better, too (the divot hitting strip one, that is)

 

[Jim14510]

have you hit off these? would love to invest in this for my garage sim, but wife would crap at the price.

<iframe title="vimeo-player" src="" width="640" height="360" frameborder="0" allowfullscreen></iframe>

TrueStrike Golf Mat - Static Impact | Golf Hitting Mat | Golf Practice Mat

TrueStrike Golf Mat - Static Impact is a revolutionary golf hitting mat that acts and feels like a Natural Fairway. It offers Flexible and Stretchable Surface, Divot-Simulating Silicone Subsurface, and Shock & Impact Reducing Material. Call 1 (888) 871-6110 or buy online at topshelfgolf.com

topshelfgolf.com

How much does a decent not great setup cost for an in home SIM?