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1 - 11 of 11 Comments Last updated Mar 7, 2013
Tseug

Paragould, AR

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#1
Mar 6, 2013
 

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The Sage Meadows residents manned-up and bought the course. Looks like the Ridgepoint residents are putting their fate in a course management company. Good luck with that!
guest

Jonesboro, AR

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#2
Mar 6, 2013
 
What is going on there? Is Wallace pulling his money out?
interesting

Jonesboro, AR

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#3
Mar 6, 2013
 
guest wrote:
What is going on there? Is Wallace pulling his money out?
yup!!! He is losing $32,000 per month of his own money....
Lots

Jonesboro, AR

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#4
Mar 6, 2013
 
And thus the course will be sold off in lots, 5 houses per acre. Current Ridgepointe houses will devalue in half or worse.
resident

Jonesboro, AR

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#5
Mar 6, 2013
 
Lots wrote:
And thus the course will be sold off in lots, 5 houses per acre. Current Ridgepointe houses will devalue in half or worse.
No, he said he was going to make it into a Nature Refuge for Wild life and Native Arkansas plants and flowers. He can use it as a write off for the donation.
Swanson

United States

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#6
Mar 7, 2013
 
Actually I am an agent representing a VERYserious buyer. He will turn the course into a tournament putt-putt course. There will be 24 different courses increasing in degree of toughness and skill. We are currently accepting applications for 24 clowns that will live on each course full time. The clowns will be responsible for keeping each player on their toes during a round. These courses will be nationally known and will host one major tournament per year, the NPPTC (National Putt-Putt Tournement of Champions). All residents will be required to allow fans full access to their property during the NPPTC to set up tents and bon fires.

Please submit resumes to the RP golf shop. Clowns must have 3 years experience of clowning, be under 5' or over 7' tall, knowledgeable in current and changing putt-putt rules, have no criminal history (while in uniform), no history of hard core drug use (meth is considered okay at this time. We need you energetic and clowny at all times.)
erica

Pacific, MO

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#7
Mar 7, 2013
 
Swanson wrote:
Actually I am an agent representing a VERYserious buyer. He will turn the course into a tournament putt-putt course. There will be 24 different courses increasing in degree of toughness and skill. We are currently accepting applications for 24 clowns that will live on each course full time. The clowns will be responsible for keeping each player on their toes during a round. These courses will be nationally known and will host one major tournament per year, the NPPTC (National Putt-Putt Tournement of Champions). All residents will be required to allow fans full access to their property during the NPPTC to set up tents and bon fires.
Please submit resumes to the RP golf shop. Clowns must have 3 years experience of clowning, be under 5' or over 7' tall, knowledgeable in current and changing putt-putt rules, have no criminal history (while in uniform), no history of hard core drug use (meth is considered okay at this time. We need you energetic and clowny at all times.)
that is funny as hell iwant to see this fly
Guest

Jonesboro, AR

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#8
Mar 7, 2013
 

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Tseug wrote:
The Sage Meadows residents manned-up and bought the course. Looks like the Ridgepoint residents are putting their fate in a course management company. Good luck with that!
That is how Ridgepoint began. It failed, then Wally had to step. It is still failing. Why would the home owners want to buy a failing business for 2.5 million then turn around and have to sell it to a course management company at a loss in a couple of years. Sounds like they made a smart business decision to me.
Guest

Jonesboro, AR

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#9
Mar 7, 2013
 
Lots wrote:
And thus the course will be sold off in lots, 5 houses per acre. Current Ridgepointe houses will devalue in half or worse.
Houses?? From what I hear, there are going to be mobile homes going in.
Ridge

Jonesboro, AR

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#10
Mar 7, 2013
 
Swanson wrote:
Actually I am an agent representing a VERYserious buyer. He will turn the course into a tournament putt-putt course. There will be 24 different courses increasing in degree of toughness and skill. We are currently accepting applications for 24 clowns that will live on each course full time. The clowns will be responsible for keeping each player on their toes during a round. These courses will be nationally known and will host one major tournament per year, the NPPTC (National Putt-Putt Tournement of Champions). All residents will be required to allow fans full access to their property during the NPPTC to set up tents and bon fires.
Please submit resumes to the RP golf shop. Clowns must have 3 years experience of clowning, be under 5' or over 7' tall, knowledgeable in current and changing putt-putt rules, have no criminal history (while in uniform), no history of hard core drug use (meth is considered okay at this time. We need you energetic and clowny at all times.)
They already have clowns running it.
Tseug

Paragould, AR

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#11
Mar 7, 2013
 
Because they would have control over how the course is ran and maintained. There's a lot of value in purchasing the course when you're a property owner there. I wouldn't want a management company to have any control over the value and desirability of my home. Increase property owner association dues, make the course semi-private to generate revenue and hire a competent club pro. It can be done, but unfortunately, I think you're right - it will end up being owned by a management company, and the company will have a vested interest in making the course public. The residents will have very little say in the matter - ask the Greystone residents!
Guest wrote:
<quoted text>That is how Ridgepoint began. It failed, then Wally had to step. It is still failing. Why would the home owners want to buy a failing business for 2.5 million then turn around and have to sell it to a course management company at a loss in a couple of years. Sounds like they made a smart business decision to me.

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