High dollar lease vs land purchase

[txpitdog]

I've never looked into leasing property mainly because of the expense and potential headaches associated with other folks on the lease. Now that we are considering buying property, I feel like I gotta at least as the question of pro's/con's of long term leasing vs owning property.

I know there are all kinds of different leases out there, but if someone were trying to do sort of an apples to apples comparison, I guess the lease I'd be interested in would be where I am the only lessee on the place and would have use of the property within legal hunting regulations year in year out, preferably somewhere with an opportunity to lease for 15-20yrs. Does this type of lease even exist, and if so, what do they run? 5000/yr? More?

As we look into what the realistic budget is for our finances, I want to keep my options open. If we could get the same enjoyment for family time and hunting through a stable long term lease, that might work better than buying a smaller property ourselves.

The one thing I have read that steers me away from a lease is when people have been on a place and managed it for years and then get kicked off or the owner decides not to lease anymore. But on the other side, I know a guy at work whose family has been leasing a piece of land for two generations.

Any thoughts or experiences on this?

[TxAg]

I think you're very low on the $5k/yr if you're planning on being the sole lessee

[splitfinger]

Personally, I leased land for many years and have been tossed off property before for no apparent reason and got off due to questionable ethics from others. I then purchased my own property in East Texas (95 acres) about 5 miles from Sam Rayburn dam only to have the deer population destroyed by a man that bought 3.5 acres of land behind me. He hunts the adjacent Nat'l Forest and has numerous dogs plus has many Nat'l Forest violations but really doesn't care about management, self control or the thoughts of others.

I guess my point is...It doesn't matter if you lease or buy, your potential is only as good as others around you. I managed my property for the past 8 years and now see about 10% of the deer I had prior to my new neighbor.

Good luck.

Doug Key

[OrangeBlood]

Personally, I leased land for many years and have been tossed off property before for no apparent reason and got off due to questionable ethics from others. I then purchased my own property in East Texas (95 acres) about 5 miles from Sam Rayburn dam only to have the deer population destroyed by a man that bought 3.5 acres of land behind me. He hunts the adjacent Nat'l Forest and has numerous dogs plus has many Nat'l Forest violations but really doesn't care about management, self control or the thoughts of others.

I guess my point is...It doesn't matter if you lease or buy, your potential is only as good as others around you. I managed my property for the past 8 years and now see about 10% of the deer I had prior to my new neighbor.

Good luck.

Doug Key

man, that sucks.

[Kevin]

Personally, I leased land for many years and have been tossed off property before for no apparent reason and got off due to questionable ethics from others. I then purchased my own property in East Texas (95 acres) about 5 miles from Sam Rayburn dam only to have the deer population destroyed by a man that bought 3.5 acres of land behind me. He hunts the adjacent Nat'l Forest and has numerous dogs plus has many Nat'l Forest violations but really doesn't care about management, self control or the thoughts of others.

I guess my point is...It doesn't matter if you lease or buy, your potential is only as good as others around you. I managed my property for the past 8 years and now see about 10% of the deer I had prior to my new neighbor.

Good luck.

Doug Key

Get all of your neighbors together and fence the entire 3.5 acres from your sides. It wouldn't take much money or time.

[Chrisshort]

Land usually leases for around $7/acre for hunting.

[CaptainDave]

Owning land -

Bad - It's all on you; maintenance, fences, taxes, initial capital outlay for purchase, etc. The initial investment alone is what keeps most people from buying land.

Good - It's yours; you make the decisions on who can and can't be there; where you want to setup and how you want to hunt. You also have equity in a decent long-term investment. You'll have a place to bring the family and setup a retirement home, etc, or whatever you feel like.

Leasing -

Bad - You are not the decision maker, landowner is. Nothing can be guranteed and a landowner can simply decide not to lease to you in the following year. You also may have to deal with lease politics and other members.

Good - Overall is much cheaper than owning land; including the amount of acreage access on a lease for dollars paid. Also, you have the option to move to a different place or county once your lease expires. If you own land, you are stuck with your neighbors (could be good or bad), county regs, terrain, etc.

[Mayhem]

it would cost you around 38k a year to lease my lease by yourself.

[Mayhem]

Personally, I leased land for many years and have been tossed off property before for no apparent reason and got off due to questionable ethics from others. I then purchased my own property in East Texas (95 acres) about 5 miles from Sam Rayburn dam only to have the deer population destroyed by a man that bought 3.5 acres of land behind me. He hunts the adjacent Nat'l Forest and has numerous dogs plus has many Nat'l Forest violations but really doesn't care about management, self control or the thoughts of others.

I guess my point is...It doesn't matter if you lease or buy, your potential is only as good as others around you. I managed my property for the past 8 years and now see about 10% of the deer I had prior to my new neighbor.

Good luck.

Doug Key

This is why High fences were created.

[jcso139]

I think owning property is a good thing but the amount of acreage that is affordable is substancial amount less than what you can lease. Obviously if you can afford a large amount of land this should not even be an issue.

[thegrouse]

Land is work. You will be working for yourself but there is always something to do. I have a small place but it is mine and drama free. I doubt I ever will shoot a trophy deer but my kids and I can do as we please.

[dangerous dan]

Land usually leases for around $7/acre for hunting.

Where is this $7 an acre hunting land?

[TxTechsan]

Where is this $7 an acre hunting land?

You could find it in the 1990's if you knew where to look!

[Mossback]

Land usually leases for around $7/acre for hunting.

Let me get some of what you're smokin

[flywise]

Where is this $7 an acre hunting land?

mine is 2.08 per ac
600ac