Yay Golf Season Returns! Golf properties as an investment?

Yay Golf Season Returns! Golf properties as an investment?

Pueblo, CO · Member since 2019 · 22 posts · 12 votes

Hello BP Investors,

I am interested in your experiences with golf properties as an investment yes or no? Would love to hear from you on your thoughts and success stories.

Thanks,

Raylene

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Investor · Cincinnati, OH · Member since 2014 · 538 posts · 432 votes
6y

@Raylene Luckett Froman Apologies, I don't have any valuable insight to offer here, but I did want to chime in and say: I used to golf every week with my father-in-law and some friends. We don't do that anymore. Instead, we go bowling! Anecdotal evidence at best, but I'd tend to agree with @Kody Thompson about this. :)

I'm sure there are plenty of folks with success stories, though, so I look forward to reading those!

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  • Rental Property Investor · Lehi, UT · Member since 2020 · 159 posts · 158 votes
    6y

    Over the last decade almost 1000 golf courses have closed due to the fact that no one plays golf haha This is a developers dream as the land is being freed up but not a good investment opportunity in my eyes as the market has consistently gone down over the past decade.

  • Investor · Cincinnati, OH · Member since 2014 · 538 posts · 432 votes
    6y

    @Raylene Luckett Froman Apologies, I don't have any valuable insight to offer here, but I did want to chime in and say: I used to golf every week with my father-in-law and some friends. We don't do that anymore. Instead, we go bowling! Anecdotal evidence at best, but I'd tend to agree with @Kody Thompson about this. :)

    I'm sure there are plenty of folks with success stories, though, so I look forward to reading those!

  • Investor · SC NC, VA · Member since 2020 · 1k+ posts · 756 votes
    6y

    I own a property on the 11th green of the Greg Norman course in North Myrtle Beach.  I have it as a LTR as the short term rentals just aren’t there die to thousands of competitors.  Dozens of courses have closed and very few have been developed since 2008-2010.  It’s an expensive sport and not many 20 year olds are taking it up.

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