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Choice of land #7742467 02/10/20 09:31 PM
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Leonardo Online Content OP
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I have a proposal for you guys. If you were to come into a lump sum of money around $1,000,000 to $1,500,000, would you prefer to purchase a single tract of land or multiple parcels over different areas. So lets say you have a choice of 600 acres or two 300 acre tracts. This property would be used for hunting or recreational purposes. Or you could use the funds to travel and hunt multiple species in different areas through outfitters. Interested in the reasoning behind your preferences.




Last edited by Leonardo; 02/10/20 09:34 PM.
Re: Choice of land [Re: Leonardo] #7742470 02/10/20 09:42 PM
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Single large piece with my house in the middle...very good property line fences....

Few neighbors....would be optimal...


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Re: Choice of land [Re: Leonardo] #7742473 02/10/20 09:46 PM
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If I got 1,500,000, I would spend 1,000,000 on property, 250,000 on equipment and improving the property, 225,000 on hunting with outfitters.
And 25,000 on my wife a few diamonds.


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Re: Choice of land [Re: SnakeWrangler] #7742474 02/10/20 09:47 PM
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Originally Posted by SnakeWrangler
Single large piece with my house in the middle...very good property line fences....

Few neighbors....would be optimal...


X2

Re: Choice of land [Re: Leonardo] #7742475 02/10/20 09:48 PM
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I'd go one big piece. If for nothing else you worry about your neighbors and what they are doing less when you more support yourself on a larger tract and no need to divide your time and efforts.


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Re: Choice of land [Re: SnakeWrangler] #7742491 02/10/20 09:58 PM
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Originally Posted by SnakeWrangler
Single large piece with my house at highest point...very good property line fences....

Few neighbors....would be optimal...

You asked for an explanation. Because taking care of a place is a lot of work, I only want one place to maintain. No such thing as too much elbow room. Neighbors further away.

Last edited by garyrapp55; 02/10/20 10:01 PM.
Re: Choice of land [Re: Mr. T.] #7742505 02/10/20 10:17 PM
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Originally Posted by Mr. T.
If I got 1,500,000, I would spend 1,000,000 on property, 250,000 on equipment and improving the property, 225,000 on hunting with outfitters.
And 25,000 on my wife a few diamonds.


Brilliant. I agree totally, although I would have mentioned the wife first. laugh


...and have dominion over the fish of the sea, and over the fowl of the air, and over every living thing that moveth upon the earth. Gen. 1:28
Re: Choice of land [Re: redchevy] #7742530 02/10/20 10:41 PM
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Originally Posted by redchevy
I'd go one big piece. If for nothing else you worry about your neighbors and what they are doing less when you more support yourself on a larger tract and no need to divide your time and efforts.



depends entirely on your neighbors. you can have a 300 acre piece surrounded by a big ranch ( my buddy has a place like this and his hunting is dynamite ) or a 600 acre place with small neighbors ( also have a buddy in this situation and it sucks )

Re: Choice of land [Re: SnakeWrangler] #7742541 02/10/20 10:50 PM
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Originally Posted by SnakeWrangler
Single large piece with my house in the middle...very good property line fences....

Few neighbors....would be optimal...


Perfectly stated...


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Re: Choice of land [Re: Leonardo] #7742569 02/10/20 11:17 PM
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I wouldn’t buy any of them. While the idea sounds great, land ownership is a lot of work. I would however find that super nice lease, and use the rest for travel and wild hunting trips.


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Re: Choice of land [Re: Leonardo] #7742570 02/10/20 11:23 PM
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If I had a lump sum of $1,500,000 It would depend totally on the scenario of what I was gonna do with it. May purchase two different properties may only be one depending on the situation on what I could find out there.

At this point in my life it wouldn't be a forever place so I would want it to be investment grade.


And I would take a hunting trip or 3, probably a sheep or ibex hunt as well as Sonora Mule Deer

Re: Choice of land [Re: SnakeWrangler] #7742574 02/10/20 11:29 PM
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Originally Posted by SnakeWrangler
Single large piece with my house in the middle...very good property line fences....

Few neighbors....would be optimal...


^^^^^^^

Re: Choice of land [Re: BigPig] #7742577 02/10/20 11:36 PM
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Originally Posted by BigPig
I wouldn’t buy any of them. While the idea sounds great, land ownership is a lot of work. I would however find that super nice lease, and use the rest for travel and wild hunting trips.


Au contraire Ocifer grin - Nothing beats owning your own piece of Texas where you can say...


...and have dominion over the fish of the sea, and over the fowl of the air, and over every living thing that moveth upon the earth. Gen. 1:28
Re: Choice of land [Re: Leonardo] #7742585 02/10/20 11:44 PM
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A single piece of land as far out in the country as possible with the house just far enough away from the entry to where it cannot be seen and have large landowner neighbors too up


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Re: Choice of land [Re: Stub] #7742593 02/10/20 11:50 PM
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At my age and physical shape, I would buy a nice lake house for my primary residence and continue leasing for hunting. I have unlimited access to 480 acres that I don't have to worry about fixing fences and such!

Re: Choice of land [Re: Leonardo] #7742600 02/10/20 11:57 PM
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$500,000 on a piece of land, $500,000-$1,000,000 (whatever the total amount of money I would come across is) invested to ensure my future.

Re: Choice of land [Re: Leonardo] #7742611 02/11/20 12:12 AM
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I would look for about a section near Hord's Creek Lake or Lake Coleman in Coleman county or near Hubbard Creek Lake. Find a young rancher and make him a hell of a deal to lease it for cattle. Build a small about 1500 square feet adobe house, using a technique called burlap concrete. Then build 2 tower deer blinds that would look sort of like this. https://tinyhousetalk.com/stone-tower-cabin-croatia/ But only 12 foot in diameter and fully self contained with heat and air, plumbing etc. 2 story with parapet designed roof area.

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Re: Choice of land [Re: Leonardo] #7742612 02/11/20 12:13 AM
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Situation depends, but I kinda like the idea of 300-400K on a lake house, and the rest on land.


Originally Posted by txhuntingguide
If I choose to hunt in a coon tail hat, a pink tootoo and hip waders that is my fine...
Re: Choice of land [Re: Leonardo] #7742619 02/11/20 12:18 AM
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At my age I would purchase $1,500,000.00 in school bonds paying 3% tax free giving me $45,000.00 a year to have one heck of a lease. Use the rest on what ever my wife wanted. Set up a trust fund to leave the money to my kids when we have drawn our last breath. If I was still young I would purchase land somewhere and start working on a hunting paradise.

Re: Choice of land [Re: Leonardo] #7742691 02/11/20 01:45 AM
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I would prefer one bigger piece of property over two smaller ones. Two places to maintain and split my time between is just more than I would want to get involved in.


Re: Choice of land [Re: Leonardo] #7742706 02/11/20 02:12 AM
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I would buy new socks and underwear.


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Re: Choice of land [Re: Leonardo] #7742707 02/11/20 02:13 AM
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Either way, at the rate things are going it wouldn't take too many years to be "tax poor." Property taxes are eating lots of folks alive. You almost have to an exemption and a way to make money of the land.

Re: Choice of land [Re: Leonardo] #7742723 02/11/20 02:35 AM
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Probably spend .5-.75 mil on some green timber in east Louisiana or Arkansas for ducks that's been proven.
Spend 75k or so on a duck camp. Probably 25k on a boat. Then save a little for improvements on the land if needed. And then use the rest to travel and hunt all north American waterfowl species and maybe even some overseas.


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Re: Choice of land [Re: Leonardo] #7742764 02/11/20 03:30 AM
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I would lease a large piece of land 10K acres or so. That way I could enjoy the land and all it has to offer but not worry about taxes, fence repair, road repair, and so on so fourth. I would be the only leasee so my rules as far as bringing friends, family or other guest and my choice on what gets shot and what doesn't. All the benefits of owning a ranch with none of the headaches.


Originally Posted by bill oxner
I plowed mules.
Originally Posted by Roll-Tide
I did build a cabin. Aka the brokeback shack.

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Re: Choice of land [Re: Leonardo] #7742819 02/11/20 11:18 AM
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Lets say you get the $1,500,000 and land is $2,500 acre = 600 acres. I would consider buying two pieces of land. Main 500 acres where the house is set up for deer hunting and another 100 acres pretty close that is setup for Dove and Duck hunting up


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