Buying a Hunting Property in Colorado

Why own a hunting property? With less land available to hunt and a wide variety of guided hunts available on the Internet these days, I find many clients reevaluating their hunting options.

I often hear the following remarks. “As my life become busier, I have less time to schedule time with landowners whose property I used to hunt”. “When I get an afternoon off, it would be great to load up the truck and hunt my own property with no hassle.”

“I get real satisfaction out of bringing someone to my property and putting them on my birds.”

“To drive to South Dakota, stay at a motel, get landowners permission and eat out every meal takes a lot of time, planning and money.” It’s also harder to bring my son on this kind of trip”

While the aforementioned example was for upland bird hunting, the same scenario applies to a wide range of hunting options including elk, turkey, deer, etc. Owning a hunting property in Colorado can be satisfying and financially rewarding at the same time. Revenue can be developed by creating lucrative hunting leases and raising crops. Additionally, the price of good land will usually appreciate over time. Also, the federal government provides financial incentives for ownership: In some cases, U.S. Department of Agriculture land conservation programs will pay you to convert farmland into wildlife habitat.

Buyer’s checklist:

  • Hire Beacon Mountain Farm & Ranch to find the best Hunting properties available in the Rocky Mountain West.
  • Determine the partners you wish to invest with and draw up an official partnership agreement. Two or three partners are optimal, but a well organized group of eight or ten investors has tremendous buying power.
  • Hunt the property before you buy it.
  • Get a clear title description of the property.
  • Call the game warden.
  • Meet the neighbors and local wildlife biologists to understand the habitat.
  • Talk to local hunters.
  • Check into conservation programs.
  • Depending on the size of the property, consider hiring a farm manager.
  • Is a conservation easement of value?
  • During the due diligence period look for flaws, problems, or hidden deferred maintenance.  Hire outside consultants if necessary such as stream consultants, wildlife biologists, etc.

Initial costs

  • Are you a cash buyer or would you like us to help you find financing?

Improvements/Equipment

  • Enhance stream, ponds or warm water slough
  • Build duck blinds
  • Build a goose pit
  • Fencing/Gates
  • Hunt stands
  • Food plots
  • Small cabin
  • Drill Well
  • Tractor
  • ATV

Annual Costs

  • Mortgage payment
  • Taxes
  • Fence maintenance
  • Blind and shed maintenance
  • Ranch manager

Annual Income

  • Hay
  • Crops
  • CRP
  • Livestock
  • Hunting leases

Conservation programs:

Check with the U.S. Department of Agriculture’s Natural Resources Conservation Service.

  • The Conservation Reserve Program (CRP) targets erodible farmland. Qualifying owners receive payments to keep arable land idle.
  • The Wetlands Reserve Program (WRP) provides technical and financial support to help restore wetlands.
  • The Environmental Quality Incentives Program (EQIP) and the Wildlife Habitat Incentives Program (WHIP) offer up to 50 to 100 percent cost-share incentives for the establishment of a variety of land management practices.
  • The U.S. Forest Service Land Enhancement Program (FLEP) provides technical and financial assistance (including 50 to 70 percent cost sharing) to owners of 1,000 acres or less who implement sound forestry practices.

If this type of investment option is of interest to you, please visit “Contact Us” on the Beacon Mountain Farm & Ranch web site. We look forward to working with you to find that once in a lifetime Hunting Property in Colorado.

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Comments
  • Kendall Everett
    Reply

    I loved your tip to meet the neighbors and wildlife biologists to understand the habitat. The more you understand about the wildlife on the land, the more you’ll know what you are investing in. If possible, visiting the property may help in getting an idea of what to expect.

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