Profitable Golf Course or Sub development?
June 17, 2008 7:08 PM Subscribe
How profitable is a golf course? I love playing golf and would love to own a golf course. However, with the price of real estate the way it is, I wonder if it is even really profitable? Is it more profitable to buy couple hundred acres and put a course on it or put some homes down? I would think that it would be more profitable to put homes down, because the course would take several years to get out of the red.