I bought 640 acres almost exactly one year ago so I'm speaking from a landowner prospective. Before buying I was on multiple leases.
Knowing what I know now its crazy to me that I was able to pay anywhere from $1k - $2k on my previous leases and enjoy all the same access that I now have as a landowner at a cost that is at least 20x - 30x more on an annual basis. Taxes, interest, insurance, fences, electric, water, feed, etc. The cost is astronomical.
If someone has land that they inherited then I could see them leasing it out for a few thousand a year to cover the taxes and put a little money in their pocket. But for someone like me who purchased the land and has a huge cash investment into it I can see no scenario where it would make sense to give up my access and enjoyment to the hunting land to lease it out to hunters at the prices leases command today. It wouldn't be a big enough part of the yearly nut to make it worth while.
If you think leases prices are too high, buy some land and it will change your perspective when you realize what a great deal you had as a leasee.
Knowing what I know now its crazy to me that I was able to pay anywhere from $1k - $2k on my previous leases and enjoy all the same access that I now have as a landowner at a cost that is at least 20x - 30x more on an annual basis. Taxes, interest, insurance, fences, electric, water, feed, etc. The cost is astronomical.
If someone has land that they inherited then I could see them leasing it out for a few thousand a year to cover the taxes and put a little money in their pocket. But for someone like me who purchased the land and has a huge cash investment into it I can see no scenario where it would make sense to give up my access and enjoyment to the hunting land to lease it out to hunters at the prices leases command today. It wouldn't be a big enough part of the yearly nut to make it worth while.
If you think leases prices are too high, buy some land and it will change your perspective when you realize what a great deal you had as a leasee.
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