Buy or Lease a Hunting Property
“THAT DOG CAN HUNT”
BUYING YOUR OWN HUNTING PROPERTY
Why own?
“As we became more involved with our families, we had less time to maintain contacts with landowners.”
“With our own place, there’s no one to ask. If I get an afternoon off, I can go hunting.”
“I get real satisfaction out of bringing someone to my place and putting them onto my birds.”
“To drive to Western Kansas, stay at a motel, get landowners permission and eat out every meal takes a lot of time, planning and money.” It’s also harder to bring my son on this kind of trip”
Owning a hunting property can make financial sense in some cases returning as much as 4 to 5 percent a year, and historically the price of good land will often increase over time. Also, the federal government provides financial incentives for ownership: In many cases, U.S. Department of Agriculture land conservation programs will pay you to convert farmland into wildlife habitat.
Buyer’s checklist:
Ø Determine the partners you wish to invest with and draw up an official partnership agreement. Two or three partners are optimal, but a well organized group of eight or ten investors has tremendous buying power.
Ø Hunt the property before you buy it. There are many Hunting Properties for Sale in Colorado spanning a wide price range with varied hunting habitat.
Ø Get a clear title description of the property.
Ø Call the game warden.
Ø Meet the neighbors and local wildlife biologists to understand the habitat.
Ø Talk to local hunters.
Ø Check into conservation programs.
Ø Depending on the size of the property, consider hiring a farm manager.
Ø Is a conservation easement of value in this investment?
Ø During the due diligence period look for flaws, problems, or unwanted surprises. Hire outside consultants if necessary such as stream consultants, wildlife biologists, etc.
Ø Hire Beacon Mountain Farm & Ranch to find the best Hunting properties for sale in Colorado and New Mexico.
Initial costs
Down payment (20%)
Closing costs
Title Insurance, Escrow closing Agents fee, Brokerage fee
Improvements/Equipment
Enlarge stream, ponds or warm water slough, Build duck blinds, Build goose pit, Fencing/Gates, Small cabin,
Drill Well, Tractor, ATV
Annual Costs
Mortgage payment, Taxes, Fence maintenance, Blind and shed maintenance, Ranch manager
Annual Income
Hay, Crops, CRP, Livestock
Conservation programs:
Check with the U.S. Department of Agriculture’s Natural Resources Conservation Service.
Ø The Conservation Reserve Program (CRP) targets erodible farmland. Qualifying owners receive payments to keep arable land idle.
Ø The Wetlands Reserve Program (WRP) provides technical and financial support to help restore wetlands.
Ø The Environmental Quality Incentives Program (EQIP) and the Wildlife Habitat Incentives Program (WHIP) offer up to 50 to 100 percent cost-share incentives for the establishment of a variety of land management practices.
Ø The U.S. Forest Service Land Enhancement Program (FLEP) provides technical and financial assistance (including 50 to 70 percent cost sharing) to owners of 1,000 acres or less who implement sound forestry practices.
If this type of property is of interest to you, please visit “Contact Us” on the Beacon Mountain Farm & Ranch Home page. We look forward to working with you to find that once in a lifetime Fishing or Hunting Property.
Tags: Colorado Ranches for Sale Ranches for Sale in Colorado
