I am giving this a shot this year, on our tree farm. We don't hunt there since the hunting is great at home. I reached out to a guy who has a company that matches landowners and hunters. Since the house in my signature pic is included, the amount is pretty good. We will lease for deer and turkey seasons. I plan to just re-invest in the property. The outbuilding that my dad built in the mid1950's is in need of replacement. Brother and I think we can use the existing concrete floor to place a new building over. Anyone had experience with the potential pitfalls and things to ensure are on the lease? I have already had conversations with my insurance agent. Farm Bureau has specific lease policies.
Why pay a middle man and loose revenue... If someone on here doesnt grab it, a post on CL or a regional hunting forum, i bet it would be snapped up quick. Im not sure of the market in your state, depending on the location in MD, it can be $10/acre or $100/acre... People do pay big $$ for hunting here, especially if geese/ducks use it.
It's in Perry. Looks like a customer from Florida has sent payment. The reason I went for a middle man was to have someone handle getting the right people who were willing to pay a premium. Same reason I use a consultant forester to oversee sale of timber, rather than deal directly with a logger. The price difference usually covers the fees. I dont have an issue with helping a man earn a living providing professional services. I also dont want to spend the time playing tour guide several times and vetting prospects. The farm is a hundred miles away, so getting things set could be several trips, phone calls and a thousand miles added to the odometer. Add to it the diversion from other things I have going on. By leasing the house as part of the deal, Pretty much any house expenses will be a tax write off.
That’s a popular thing and can help add a few extra dollars in your pocket. A middleman can help too, if there’s a problem with the hunters he can deal with it. Also I’m assuming you talked to him about requiring the hunter to carry his own insurance, there are a lot of really good insurance plans for hunters leasing land.
Good Deal. If those guys dont work out, let me know. Based on your other post listing the acreage, I cant afford it, but I know an Indy LEO and his partner, who would jump on that if the price is in the $30 per acre range or less. Your farm would be on tv also....if they get a good hunt on film.
Insurance is covered by the broker. I spoke with my Farm Bureau Insurance agent- he provided their hunter lease policy. I just need to ensure I am listed on the policy provided by the broker. He got the deal done for 50 an acre- as I said, a good broker will earn their own money on the differential. The neighbor has a few hundred acres too, and some turkey hunting show filmed a hunt there a few years ago. On my home-farm I am working with my NTF chapter to set up a Jakes hunt during youth turkey season. Should be fun.
