Any advice on buying land?

waffle · 08-09-2011, 09:03 AM

Dan,

I can tell you that one of my friends got a group together for hunting rights on some property a few years ago and paid the old man that owned 10 acres of woods about $2000/yr to hunt it... granted there were 10 of them so it only cost each of them $200, but you might try and put out some feelers if people would be willing to buy hunting rights off you.

elderboy02 · 08-09-2011, 09:53 AM

Quote:

Originally Posted by waffle

Dan,

I can tell you that one of my friends got a group together for hunting rights on some property a few years ago and paid the old man that owned 10 acres of woods about $2000/yr to hunt it... granted there were 10 of them so it only cost each of them $200, but you might try and put out some feelers if people would be willing to buy hunting rights off you.

That is a good idea. I wonder what types of waivers I would have to draft up to waive me of any liability in case they get stupid and shoot one another.

chippewastud79 · 08-09-2011, 10:01 AM

Quote:

Originally Posted by elderboy02

That is a good idea. I wonder what types of waivers I would have to draft up to waive me of any liability in case they get stupid and shoot one another.

If your family is serious about renting for hunting or farming, I would hire a lawyer to look over your agreement/lease. Its going to cost you upwards of $500 minimum, but it could save you many headaches in the future.

357 · 08-09-2011, 02:55 PM

Quote:

Originally Posted by chippewastud79

If your family is serious about renting for hunting or farming, I would hire a lawyer to look over your agreement/lease. Its going to cost you upwards of $500 minimum, but it could save you many headaches in the future.

Good point. Any use lease be it hunting or farming should be reviewed or even drafted by a lawyer. You do not want a lawsuit on your hands.

08-09-2011, 09:03 AM	#1
waffle Who doesn't love Waffles? Join Date: Jul 2010 First Name: Steve (Stephen) Location: Cincinnati, OH Posts: 1,195 Trading: (38)	Re: Any advice on buying land? Dan, I can tell you that one of my friends got a group together for hunting rights on some property a few years ago and paid the old man that owned 10 acres of woods about $2000/yr to hunt it... granted there were 10 of them so it only cost each of them $200, but you might try and put out some feelers if people would be willing to buy hunting rights off you.