Top Tips to Finding and Financing the Perfect Hunting Property
Owning your own hunting land in the Southwest is a dream come true– the right to come and go as you please, control the environment and even create a few new revenue streams! But there are a few things you need to keep in mind before you fire up the paperwork.
We know hunting season is right around the corner, and you’re anxious to close the deal. So we’ve created this quick guide to help you get the best hunting property for your needs. And if you’re looking for some expert help closing, we’ve got your back.
Neighbors Matter More than Ever
You may not think that the neighbors to your hunting land would matter much if you’re not planning on living on the ground. But they may matter even more than before. For example, dogs might be a noise nuisance in a residential neighborhood– but they can completely clear your hunting land of wildlife, making your investment useless.
You’ll also want to understand what changes to neighboring properties could mean for your land. For example, ranches might surround your hunting property now– but what would happen if they were sold and developed? Would residential neighborhoods take down your hunting land?
Is there Enough Wildlife for Great Hunting?
Your hunting land is only as good as the animals that live there. So before you buy, you need to understand the quality, size, and number of wild animals that already live on the property. Unfortunately, this can be difficult since many landowners don’t have scientific evidence of their wildlife.
So make sure you:
● Check with your state’s Department of Wildlife to better understand your land’s animal patterns.
● Understand natural water sources and water rights.
● Check the quality of the soil and food supplies for game.
● Get enough land– you’ll need at least 40 acres to get a prize-winning buck every year. ● Have room for a hunter-free animal sanctuary to increase your animal population.
How Will You Pay for the Land?
Finally, it’s essential to understand how you plan to finance your land. A straightforward cash offer or loan is one way, but we’ll cover other creative ways to buy your dream hunting land.
Consider joint ownership with friends or family. Do you have a group of interested hunting buddies you trust? Then see if you have the same land management expectations, and try splitting the cost!
Explore ways to monetize the land. You can turn your recreational property into an investment stream in a few ways. For example, you could lease your hunting land while reserving your rights, basically renting out the option to hunt. You could also create a ranch on a portion of the land.
Looking to Buy Land?
At AltaTerra Realty and Auction LLC, we serve Texas, Oklahoma, and Arkansas in expanding their business through quality land purchases. It’s critical to work with a team that understands your vision and values– and that’s what we’re here to bring to life. Contact us today to begin your search!