We are currently saving some pennies up to buy a decent size ranch. I'm curious what's different ways to go about leasing it to get money out of the place to help pay it off faster?? Day hunts? Leasing to a group of people. I know it depends on what kinda quality the ranch has but I'm talking in general. What's the info from the older guys on the forum that have bought places? In the end I want it for me and my family to raise kids at teaching the outdoor way of life. Then I want my own place to manage and protein feed and plant food plots... my own family get away hide away...
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Buying a hunting ranch and leasing questions...
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I would do a seasonal/year lease.
If you can get the right people it will turn out a lot better, plus if you day lease you are going to be killing a lot of animals off the place depending on how many you run.
I am in the same situation and will be doing a yearly lease to help offset some of the costs. I will be able to pick the people on it, and i will know that they will follow my management rules.
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Lets say you buy a thousand acres in south Tx. Right now you can expect to pay about 2.5 million for it. Lets say you decide to lease it. Lets say you get top dollar for your lease, say 17 bucks an acre. Bottom line your lease revenue wont even pay one monthly note on it. And if you decide to run hunts on it, I guarantee your revenue wont even cover your feed cost. Much less upkeep, improvements, etc. Does not matter if its 100 acres or 10,000, no way leasing, running hunts, running cattle, will ever even come close to help paying a single nickel towards the land. The only way would be to buy land, hit oil, and sit back and collect checks. And the odds of even getting minerals these days is astronomical. Good luck on your endeavor, I am only trying to help you realize that a ranch is a money pit, and in no way, a way to make a buck, good luck!
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Originally posted by Tx625 View PostLets say you buy a thousand acres in south Tx. Right now you can expect to pay about 2.5 million for it. Lets say you decide to lease it. Lets say you get top dollar for your lease, say 17 bucks an acre. Bottom line your lease revenue wont even pay one monthly note on it. And if you decide to run hunts on it, I guarantee your revenue wont even cover your feed cost. Much less upkeep, improvements, etc. Does not matter if its 100 acres or 10,000, no way leasing, running hunts, running cattle, will ever even come close to help paying a single nickel towards the land. The only way would be to buy land, hit oil, and sit back and collect checks. And the odds of even getting minerals these days is astronomical. Good luck on your endeavor, I am only trying to help you realize that a ranch is a money pit, and in no way, a way to make a buck, good luck!
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Originally posted by Tx625 View PostLets say you buy a thousand acres in south Tx. Right now you can expect to pay about 2.5 million for it. Lets say you decide to lease it. Lets say you get top dollar for your lease, say 17 bucks an acre. Bottom line your lease revenue wont even pay one monthly note on it. And if you decide to run hunts on it, I guarantee your revenue wont even cover your feed cost. Much less upkeep, improvements, etc. Does not matter if its 100 acres or 10,000, no way leasing, running hunts, running cattle, will ever even come close to help paying a single nickel towards the land. The only way would be to buy land, hit oil, and sit back and collect checks. And the odds of even getting minerals these days is astronomical. Good luck on your endeavor, I am only trying to help you realize that a ranch is a money pit, and in no way, a way to make a buck, good luck!
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