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Author Topic: Expensive Leases  (Read 1927 times)

Offline WoolSocks

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Expensive Leases
« on: August 28, 2023, 08:42:34 PM »
Why, exactly, does leased land go for so much? Im watching auctions out of some sort of morbid curiosity. Surely the chance to hunt an elk isnít worth mortgaging your house?

Just sayiní. What makes those bits of woods so much better?

Offline h2ofowlr

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Re: Expensive Leases
« Reply #1 on: August 29, 2023, 07:23:06 AM »
How much are they going for?
Cut em!
It's not the shells!  It's the shooter!

Offline jrebel

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Re: Expensive Leases
« Reply #2 on: August 29, 2023, 07:32:13 AM »
Guided Quality Elk hunt paid for out of state:
-  8-12K for 5-10 day hunt
-  Travel, fuel, food, to and from destination 1K
-  Out of state tags and license  approx 1K

By my math, a guy could easily spend 10-15K for an out of state bull elk hunt.  If you lease local property for 1K per month and can harvest multiple elk off the property you are money ahead.  For the guys that like elk hunting, this is a very good way to do it.  Share your lease cost with a hunting buddy or two...and have a known hunting camp for years to come.  This is why I decided to just buy my own property.....Mortgage $1,200 per month and we can hunt turkey, bear, deer.....seems like a no brainer to me.  No my kids don't have to compete with the zoo of orange dots on the hillside (specifically modern season). 

Offline ducks4days

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Re: Expensive Leases
« Reply #3 on: August 29, 2023, 07:33:16 AM »
The people paying these prices donít need to mortgage their house to pay for the lease.
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Offline LDennis24

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Re: Expensive Leases
« Reply #4 on: August 29, 2023, 07:58:25 AM »
What's a lot of money to you?

Offline nwwanderer

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Re: Expensive Leases
« Reply #5 on: August 29, 2023, 08:14:33 AM »
What some think is a bunch of money may not pay the taxes on property that the system will not let you log, develop or graze.  Getting crazy out here

Offline tvandy45

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Re: Expensive Leases
« Reply #6 on: August 29, 2023, 08:16:16 AM »
I have a few buddies that renew their weyco lease every year at about 2500 a pop. you split that with 3-4 hunting buddies and its really not bad. I wish i would of gotten in on it with them a while back, they kill nice bulls every year and typically dont have to worry about other folks unless they are trespassing. Cut wood, pick mushrooms seems like a pretty good deal to me

Not sure what other leases are going for these days though...

Offline Alchase

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Re: Expensive Leases
« Reply #7 on: August 29, 2023, 10:40:16 AM »
Where I hunt in SE Oklahoma, on Weyerhaeuser land, right a crossed the road is a hunt ranch that has 44,000 privately-owned acres:

140-150" White Tail for $5,000
160-179" White Tail for $6,500
180-199" White Tail for $8,500
200-219" White Tail for $10,000
240+ White Tail for Call for pricing,  :o

Hogs
3 day fully-guided $1,500 per person (minimum 4, maximum 12)

Rams
2 day fully-guided $1,250-$2,450 per person

Exotics - Call for availability and pricing

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Offline WoolSocks

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Re: Expensive Leases
« Reply #8 on: August 29, 2023, 07:52:15 PM »
Yeah, Iím calling ďexpensiveĒ $5-10k for a 500-acre chunk of land. So say $10/acre for a seasonís lease.

I get the attraction of private land, especially if you could go in together with a bunch of friends. But you can buy stripped timber land for 1-2k/acre and nourish it back to life. If youíve got the kind of money to spend on leases or trophy hunts, why not spend $100k to buy yourself 50 acres somewhere, clean the creeks, plant food plots and trees, then have something valuable in 20 years?

Just trying to figure out the logic. Itís a lot of money for something you donít get to keep.

Offline jrebel

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Re: Expensive Leases
« Reply #9 on: August 29, 2023, 08:12:58 PM »
Yeah, Iím calling ďexpensiveĒ $5-10k for a 500-acre chunk of land. So say $10/acre for a seasonís lease.

I get the attraction of private land, especially if you could go in together with a bunch of friends. But you can buy stripped timber land for 1-2k/acre and nourish it back to life. If youíve got the kind of money to spend on leases or trophy hunts, why not spend $100k to buy yourself 50 acres somewhere, clean the creeks, plant food plots and trees, then have something valuable in 20 years?

Just trying to figure out the logic. Itís a lot of money for something you donít get to keep.

5K for access to 500 acres is cheap....especially if you split it with 2-4 guys.  500 acres is a nice chunk of private land to hunt....especially if you know elk inhabit that land.  50 acres for 100K is cheap.....like cheap enough I would wonder why it is so cheap.  With that said, the mortgage on 100K is way more than 5K per year and you would carry that mortgage for 30 years.  You would also have taxes and a much larger financial burden than just leasing the land.  Not to mention most raw land requires a large down payment or owner contract....or payment in full. 

I own my own land and would still gladly pay a 5K lease for hunting purposes if the land carried elk. 

All the above being said....to each their own.  Some people love to hunt public land for free, some pay for out of state tags and guides, some buy land and well....some lease it. 

Offline bugs n bones

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Re: Expensive Leases
« Reply #10 on: August 30, 2023, 08:32:28 PM »
Guided Quality Elk hunt paid for out of state:
-  8-12K for 5-10 day hunt
-  Travel, fuel, food, to and from destination 1K
-  Out of state tags and license  approx 1K

By my math, a guy could easily spend 10-15K for an out of state bull elk hunt.  If you lease local property for 1K per month and can harvest multiple elk off the property you are money ahead.  For the guys that like elk hunting, this is a very good way to do it.  Share your lease cost with a hunting buddy or two...and have a known hunting camp for years to come.  This is why I decided to just buy my own property.....Mortgage $1,200 per month and we can hunt turkey, bear, deer.....seems like a no brainer to me.  No my kids don't have to compete with the zoo of orange dots on the hillside (specifically modern season).
amen to that !

 


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