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Post by bigbuckd on Jan 4, 2018 16:29:19 GMT -5
Who has, has had, or wants a land lease? What is the good, the bad, and ugly?
Considering a land lease for 2018 as I have moved around on hunter permission properties and will be bringing my kids more each year in the future. I have considered buying but leasing seems like it may be an opportunity to get a feel for an area prior to buying. Let's hear it.
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Post by Russ Koon on Jan 4, 2018 17:00:24 GMT -5
IMO, if you're at all interested in investing for the future, buying would be the way to go. The potential for a good return on your dollars is very real, versus the potential for return on your rent receipts, which is absolutely nil.
At my age, with just a few years left to hunt and no kids coming up to use it, I'm in a better place to maybe lease. But I have regretted for a couple of generations now having NOT bought, thinking that land prices would surely cycle downwards again eventually.
The ability to improve the property with food plots, water features, even some tree plantings, and to have control over the future of it without worrying that someone will come along and offer more to the landowner or that they might sell to a developer or an anti-hunter would make being the owner worth much more than being the lessee.
I've owned a few stocks through the years and have been satisfied with their performance overall, but I'd be dancing- around happy if any of them had performed as well as unimproved ground or farmland has over the same time period. And none of the stocks I've owned has had a fringe benefit of gaining me a good hunting spot.
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Post by steiny on Jan 5, 2018 14:03:26 GMT -5
I own some ground and also lease hunting ground in a neighboring state. Have done so for about ten years now, with no complaints. Prior to leasing I did quite a few lower priced semi guided hunts in the same state, which were largely unsuccessful. Since leasing we've killed deer every year, including several real good bucks.
For the price of one of those 5 day midwestern semi guided whitetail hunts I can pay for a lease and go back there and hunt as many times as I want through the season, providing I buy the appropriate tags. If the weather is crummy I can change plans and go during another time period, schedule is totally up to me. Don't have to worry about stands being burned out by some other sloppy hunter because I'm the only one hunting them, and can set stands right where I want them.
You can shoot whatever you want (within the laws) on your lease, and if you decide you don't like the place after a season or two you can terminate and look for something better. Many properties will also have opportunity for small game hunting, mushroom hunting, fishing, waterfowl, trappng, etc.
In all those years leasing I've had one stand stolen, but otherwise no issues. I have a whole lot more issues right here at home with trespassing, etc. I spend about $2,700 per year (buddy pays another $2,700) to hunt 260 acres of prime habitat I couldn't get on otherwise. That ground is probably worth $750K to $1 mil, so no way an average Joe can think about buying anything like this.
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Post by beermaker on Jan 5, 2018 16:27:52 GMT -5
Steiny makes numerous good points. Sure, there is ample public land to hunt on. But having a place to yourself, or with like-minded partners, is a whole different level of satisfaction. I hunted public land for well over 20 years and with great success. However, the last few years saw an increase in other hunters. While I fully acknowledge that it is every law-abiding citizens right to utilize public land, it is very aggravating to scout, place stands, etc. only to see a light show when walking to the tree. My allotted time to hunt is limited and I had enough of the above. I leased 140 acres this year and absolutely enjoyed it. I'm looking for 2-3 partners for next year. I just don't hunt enough to justify the cost. If I don't get some commitments from a few friends soon, I'll be posting on here to see if anyone is interested.
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Post by coaldust on Jan 5, 2018 19:50:49 GMT -5
I need a new lease!!
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Post by deerhunter23 on Jan 5, 2018 21:39:17 GMT -5
The idea has crossed my mind as well. I have several places local here to hunt, but after hunting the east/southeast part of the state with my buddy, I'm missing out!
If I found the right one and had the right group to lease it with me, I'd go for it.
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Post by alduflux on Jan 5, 2018 22:17:10 GMT -5
If you have an opportunity to lease before buying then do it. You didn't mention how many acres your talking about. The variable you can't control is your neighbors. I'd hate to buy eighty acres that look great then find an orange hat every 100 yards along the property line on opening morning with each one shooting every deer they see. Your eighty can shrink real quick that way, along with your satisfaction with hunting.
My advice is don't put your eggs in one basket. That means don't put your wealth, or time in one piece of property. Even if you did buy/lease, hunt as many different areas as possible.
My satisfaction as a hunter went up a bunch after I stopped hunting the same privately owned 80 acres I hunted my whole life and started hunting every piece I could find within a hour drive.
I recently passed up an opportunity to buy my "dream" piece of property. It would have required me to invest my life's savings. At the end of the day hunting is just a hobby for me and I couldn't justify the expense it would require. Three year's after passing that opportunity I haven't regretted it since and doubt I will.
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Post by bigbuckd on Jan 6, 2018 15:59:16 GMT -5
Great advice from everybody. I am sold on leasing for the near term future. My job keeps me very busy and dramatically reduces the time I have to hunt. I would love to have a lease with a minimum of 50 wooded acres and closer to 100+ acres mixed use. I would love to find some guys to go in with and I don't mind if it's not 50/50 on the lease because I would want someone to know the property be willing to share information and stand locations so that when I do have time to hunt that I can enjoy the property to the fullest. I love hunting with friends and having deer camp every gun opener. Thanks for the feedback guys!
Any suggestions on finding a good Lease?
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Post by greghopper on Jan 6, 2018 16:25:13 GMT -5
Great advice from everybody. I am sold on leasing for the near term future. My job keeps me very busy and dramatically reduces the time I have to hunt. I would love to have a lease with a minimum of 50 wooded acres and closer to 100+ acres mixed use. I would love to find some guys to go in with and I don't mind if it's not 50/50 on the lease because I would want someone to know the property be willing to share information and stand locations so that when I do have time to hunt that I can enjoy the property to the fullest. I love hunting with friends and having deer camp every gun opener. Thanks for the feedback guys! Any suggestions on finding a good Lease? Where are you located and where are you willing to travel to hunt a lease?
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Post by deerhunter23 on Jan 6, 2018 17:47:13 GMT -5
Great advice from everybody. I am sold on leasing for the near term future. My job keeps me very busy and dramatically reduces the time I have to hunt. I would love to have a lease with a minimum of 50 wooded acres and closer to 100+ acres mixed use. I would love to find some guys to go in with and I don't mind if it's not 50/50 on the lease because I would want someone to know the property be willing to share information and stand locations so that when I do have time to hunt that I can enjoy the property to the fullest. I love hunting with friends and having deer camp every gun opener. Thanks for the feedback guys! Any suggestions on finding a good Lease? Where are you located and where are you willing to travel to hunt a lease? Have you got some good leads Greg?
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Post by greghopper on Jan 6, 2018 18:06:46 GMT -5
Depends on what part of state you are looking for
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Post by deerhunter23 on Jan 7, 2018 0:29:03 GMT -5
Depends on what part of state you are looking for If it's the right one, I wouldn't care where it was. I'm located central part of the state, I can get to any border in a couple hours.
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Post by bigbuckd on Jan 8, 2018 16:35:03 GMT -5
Great advice from everybody. I am sold on leasing for the near term future. My job keeps me very busy and dramatically reduces the time I have to hunt. I would love to have a lease with a minimum of 50 wooded acres and closer to 100+ acres mixed use. I would love to find some guys to go in with and I don't mind if it's not 50/50 on the lease because I would want someone to know the property be willing to share information and stand locations so that when I do have time to hunt that I can enjoy the property to the fullest. I love hunting with friends and having deer camp every gun opener. Thanks for the feedback guys! Any suggestions on finding a good Lease? Where are you located and where are you willing to travel to hunt a lease? I have recently moved to Chicago area, now an IL resident. (I know and yes it's pretty horrible taxes and gov). I would want a lease no further south than Martinsville area and preferable on the West side of the state.
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Post by harmonist34 on Mar 20, 2018 22:21:46 GMT -5
I would love to split a lease somewhere within an hour and change of the E/NE side of Indianapolis.
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Post by steiny on Mar 21, 2018 9:49:28 GMT -5
Spend the money for a Basecamp leasing membership so that they email you all of their new leases as they come available. Then be ready to jump on one pretty quick or somebody else will. They have properties all over the midwest.
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Post by swilk on Mar 21, 2018 13:50:06 GMT -5
Basecamp takes nearly all the legwork out of finding a place but they charge a premium for that convenience...if a man wants something cheaper about the only way to do it is finding it himself and then negotiating a price.
Leasing has no return on investment but it also allows a person to get into and out of a place for pennies compared to the cost of buying. But...even a lease can be lost where owned land can't.
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Post by jimstc on Mar 21, 2018 15:14:38 GMT -5
Spend the money for a Basecamp leasing membership so that they email you all of their new leases as they come available. Then be ready to jump on one pretty quick or somebody else will. They have properties all over the midwest. I have been a member for 5 years. First class operation info@basecampleasing.com
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