Lease or buy hunting land??

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Imorr5141
 
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Joined: Tue Oct 09, 2012 8:41 pm

Lease or buy hunting land??

Postby Imorr5141 » Tue Dec 04, 2012 12:07 pm

I have been think a lot about buying a chunk of land to hunt. I'm just wondering what would be better, lease or buy. If I buy land I won't be living in it and that leads to the problem I would have to keep flying or driving out to plant food plot or hunt. If I lease I would still have to drive but I guess I won't worry about food plots. What is everyone's thoughts or opinions?? Thanks for the help

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Woods Walker
 
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Joined: Thu Jun 19, 2008 10:21 am
Location: Northern Illinois

Re: Lease or buy hunting land??

Postby Woods Walker » Tue Dec 04, 2012 4:17 pm

Well I said this on the other thread about hunting land, and I'll say it again here. Right now, I would not buy ANYTHING of a speculative nature unless I was prepared to not make any money on it down the road, because we have NO IDEA of what's "down the road".

If you can afford to possibly take a financial bath on it when and if you do sell it then go for it. But right now real estate is NOT a good investment. Yes, you can buy it cheap, but "cheap" is a relative term, and the person you may sell it to down the road may ALSO be buying it "cheap"....for him, not you.

I'd stick with a lease. You can many times design them so that you have a lot of the same freedom that you'd have if you owned it, but not the risk, and right now the risk is HUGE.
Hunt Hard,

Kill Swiftly,

Waste Nothing,

Offer No Apologies.....

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