Somehow I got on this land lease list and get these once in awhile. Are people actually paying these prices, seems damn expensive
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Ohio leases
- Thread starter Buckkillr
- Start date
This was just above that list. $300 a day at this time of year wow
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Stressless
Active Member
Big_Holla
Senior Member
Dang, well I know what I could do if I ever got in a bind financially LOL!
Stressless
Active Member
The thing is to buy that 100 acres would be about $400,000-$500,000 now based on where its at and access. No structures or utilities, very rural. (I've looked it up) then the yearly costs taxes, yearly timber management plan, there's no AG so to reduce the tax burden CAUV is the key program.
100 acres
$4,000 to lease
or
$1,000 + yearly taxes
$time and effort or pay someone to do yearly maintenance/timber management
Not a 'wash' but a lease you can get into for a bite outta your billfold and walk away from.
Purchase is a rung many can't and won't be able to reach for a hobby a couple weeks a year.
Even if I can hunt the way I want to for another 20 years- not likely, thats $80,000 vs $400,000 purchase which I couldn't do anyway.
Depends on what your goals, means and methods allow.
I haven't looked but there has to be a formula of sorts out on the infoshpere that does a better job than I did explaining the lease/purchase COA's.
100 acres
$4,000 to lease
or
$1,000 + yearly taxes
$time and effort or pay someone to do yearly maintenance/timber management
Not a 'wash' but a lease you can get into for a bite outta your billfold and walk away from.
Purchase is a rung many can't and won't be able to reach for a hobby a couple weeks a year.
Even if I can hunt the way I want to for another 20 years- not likely, thats $80,000 vs $400,000 purchase which I couldn't do anyway.
Depends on what your goals, means and methods allow.
I haven't looked but there has to be a formula of sorts out on the infoshpere that does a better job than I did explaining the lease/purchase COA's.
- 6,067
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Gotta weigh the advantages and disadvantages between leasing and buying... Being a non resident a lease is way cheaper in the long run when you consider how many days you will actually use property... On the other hand as an investment, if you can get a nice piece of land that has not been timbered and mineral rights transfer, at a good price it would be worth it... But ever time I pull up a piece they want a shit load of money for something that is tree tops and no mineral rights...
So I am wondering what I could lease my 109 acres with a house for??
You telling me I can get over 400-500,000 dollars if I sell my farm?
You telling me I can get over 400-500,000 dollars if I sell my farm?
Stressless
Active Member
This is the guy that does all those leases. He usually has a big list of properties at the start of the year
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