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Revenue Generating Recreational Hunting Property

Hunting Property

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Why lease hunting land that you have limited or no management control over and that may be here today and gone tomorrow? Why not buy your own hunting property that you have full control over, can manage the way you want, and that you can build financial equity in? Owning your very own hunting property is a more realistic dream than most people think. By focusing on a property that produces income as well as recreation, you can make recreational hunting property ownership work for you. Income produced from the property can help pay for the land, annual operation and maintenance costs, and improvements. Here are just a few of the many ways to generate revenue on hunting property:

Agricultural Crop Lease – Properties located in agricultural areas and that are suitable for crop production can be leased out for farming. In addition to providing a source of income, lease farming can also provide supplemental wildlife food resources and help maintain the property. The farming rights on these lands are typically leased out at a flat rate per acre or on a crop-share basis.

Cattle Grazing Lease – If properly managed, cattle grazing leases can be a valuable wildlife habitat management tool. However, if not managed properly cattle grazing can also be a detriment to your wildlife management goals and objectives. Always insure that proper stocking rates and best management practices are followed for your particular area. Steer clear of lease agreements that allow lessees to plant improved grasses on your hunting land. These improved varieties of grasses have little or no wildlife value and should be avoided at all cost. Cattle grazing rights are typically leased out at a flat rate per acre.

Haying Lease – Hay production during the summer months is another good source of revenue that can also provide beneficial management and maintenance of the land. Timing of the hay cutting and rotation of fields must be properly planned to insure that ground nesting birds and other wildlife management objectives are not adversely impacted. Hay leases are typically based on a flat rate per acre or a percentage of the profits from the hay production.

USDA Farm Bill Programs – Consider enrolling the land, or a portion of the land, into a farm bill program that provides annual payments for beneficial conservation practices. These programs are administered by the United States Department of Agriculture and some provide cost share for conservation improvements as well as direct annual payments. The programs are focused on conservation of natural resources including wildlife habitat. Cost-share is typically calculated on a percentage of the total expense, with direct annual payments based on a flat rate per acre.

Treating your recreational hunting property as a business can significantly decrease the cost of ownership. The key is to incorporate a revenue stream from secondary activities that are compatible with your long term wildlife habitat management goals and objectives. This article discusses just a few of the potential income producing possibilities, but there are many more. With a little creativity and planning, your hunting property can work for you while you sit back and enjoy it.

Ed Ritter is a Certified Wildlife Biologist, Licensed Real Estate Broker, and owner of Wildlife Management Enterprises, LLC (WME). WME is an exclusive real estate brokerage, consulting, wildlife habitat development, and wildlife management company specializing in farm, ranch, and recreational hunting properties in Texas. Ed has over 20 years of real estate and wildlife management experience and provides both seller and buyer representation with a distinct clear cut advantage over other competitors in the market place. Visit WME’s website at http://wildlifeme.com/ and contact us today to turn your dream of owning your own Texas farm, ranch, or recreational hunting property into a reality.

Article Source: http://EzineArticles.com/?expert=Edwin_L_Ritter

 





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