Talk of The Villages Florida - View Single Post - Would the 38K bond on new homes be a deal breaker?
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Old 05-03-2020, 01:45 PM
John_W John_W is offline
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Originally Posted by LiverpoolWalrus View Post
Apparently, TV's founder was busy founding other things too. Citizens First Bank - Wikipedia

In my old age I've learned that businesspeople avail themselves of whatever financial benefits they can. If it's lucrative and not illegal, they jump on it. That's part of the "success" formula and is the way the game is played...
As we all know, the developer doesn't make all his money just from just selling homes. As you pointed out, his Citizens Banks turn a good profit. Here's one most don't even consider. Almost every golfer in TV whether you play the championship or walk and play the executives for free, they all belong to the teetime system. That's $8 a month on your credit card, $96 a year for basically doing nothing but provide a interactive website. Let's say they're are 20,000 who belong, it might be way more, and at $96 a year times 20,000 equals $1,920,000. Pretty good pocket change for a website.