![]() |
![]() |
![]() |
![]() |
![]() |
#1 |
Ten Point
Join Date: Dec 2006
Location: Lumberton
Hunt In: anywhere
|
![]()
So we are in our Third year of a three year contract and the lease owner said he is going to go up 3% every year from now on. Its not that much per member but I have been on long term leases before in the hill country and never had this brought up to me. He said everything increases per year, which I agree, We have passed on some young deer, because we want to be there long term. Seems like we have a good relationship with the land owner...
Guess pay it and move on until we can't pay anymore or we think its not worth it... Thoughts? |
![]() |
![]() ![]() |
![]() |
#2 |
Four Point
Join Date: May 2008
Location: Rosenberg
Hunt In: Mason County
|
![]()
I'd question the basis for 3%. I get that things escalate but it's not always a fixed percentage. I'd tie it to an actual inflation rate or GDP increase - something more reflective of real price increases.
|
![]() |
![]() ![]() |
![]() |
#3 |
Pope & Young
![]() Join Date: Apr 2014
Hunt In: Votaw, Del Rio, Eldorado, Bon Wier
|
![]()
At least he’s letting you know up front so you can decide what year it’s not worth it anymore.
BernieH you can question it all you want, but the landowner makes the rules. Someone will pay it. |
![]() |
![]() ![]() |
![]() |
#4 |
Ten Point
![]() Join Date: Oct 2006
Location: Pearland
Hunt In: Llano primarily
|
![]()
I would much prefer a little increase annually to no increases then one year double or triple. Seems reasonable. I would appreciate something in writing that locks in the 3% for a period of time. It would be uncool to do a 3% annually then one year it doubles.
|
![]() |
![]() ![]() |
![]() |
#5 |
Ten Point
Join Date: Nov 2006
Location: White Oak
Hunt In: Sonora
|
![]()
what if that makes it more than 3%? might better decide if u can live w the increase and not give them ideas that might make it go up more....lol
|
![]() |
![]() ![]() |
![]() |
#6 | |
Ten Point
![]() Join Date: Oct 2006
Location: Pearland
Hunt In: Llano primarily
|
![]() Quote:
"Notwithstanding this Lease Agreement, the lease cost will escalate annually by the greater of 2% or the year over year moving average of the Bureau of Labor and Statistics Consumer Price Index." |
|
![]() |
![]() ![]() |
![]() |
#7 |
Pope & Young
Join Date: Dec 2009
Hunt In: Colorado, LaSalle, ,Menard Counties
|
![]()
You’re fortunate that I’m not the landowner. I’d do 10% a year.
|
![]() |
![]() ![]() |
![]() |
#8 |
Pope & Young
![]() Join Date: Oct 2006
Location: Poetry, TX
Hunt In: Haskell Co., TX
|
![]()
On average over the last five years or so, 3% is a little inflated for Texas. I might counter with 2.5%. But I think his reasoning is sound. In the long run, it might even help keep someone else from scooping the lease out from under you. Personally, I wouldn't be opposed to it, assuming it's a good lease and a good landowner.
|
![]() |
![]() ![]() |
![]() |
#9 | |
Pope & Young
Join Date: Dec 2007
Location: Leander
Hunt In: San Saba
|
![]() Quote:
Lock him in on the 3% and be happy about it. Then in another 1-3 years when guys offer him 30% more than you pay tell him he needs to stand by his 3% per year. 3% per year just to have peace of mind is worth it. |
|
![]() |
![]() ![]() |
![]() |
#10 | ||
Pope & Young
Join Date: Dec 2007
Location: Leander
Hunt In: San Saba
|
![]() Quote:
Quote:
The only way 3% per year is no good is if the OP is already over paying. |
||
![]() |
![]() ![]() |
![]() |
#11 | ||
Pope & Young
Join Date: Dec 2007
Location: Leander
Hunt In: San Saba
|
![]() Quote:
Quote:
Feels like I'm in the twilight zone. Had to re-read thread... Was offering 2.5% a joke? If the lease is $2,000 per year that .5% would save you $10 LOL |
||
![]() |
![]() ![]() |
![]() |
#12 |
Pope & Young
![]() Join Date: Apr 2014
Hunt In: Votaw, Del Rio, Eldorado, Bon Wier
|
![]() |
![]() |
![]() ![]() |
![]() |
#13 |
Four Point
Join Date: Dec 2019
Location: Porter, Texas
Hunt In: A little in Walker Co, A little in Webb Co.
|
![]()
The timber (pine) lease I'm on went up 20% this year. Has not had an increase since 2012, then this.
I'd rather gradual instead of a lump increase. If it wasn't East Texas, I'd stay on. As it is, I'm picking up my equipment in Feb. The herd isn't that strong and I've never seen deer eat a pine cone. On the hunt for a new place outside of East Texas. |
![]() |
![]() ![]() |
![]() |
#14 |
Pope & Young
Join Date: Dec 2010
Location: Waxahachie,Tx
Hunt In: concho co. tx
|
![]()
I remember in 2015 our old landowner pulled up in the yard.I'd just bought a new powerstroke.He was looking at it,and said **** son.That's a good looking truck.Bet it cost ya' an arm,and a leg.
Listen we're gonna go up on the place this year.It jumped 33% lol. We'd been paying the same for 16yrs though.No biggie,we payed up. Sent from my SM-G970U1 using Tapatalk |
![]() |
![]() ![]() |
![]() |
#15 |
Six Point
Join Date: Nov 2019
Location: Kilgore
Hunt In: Ozona, Kilgore, Shamrock
|
![]()
Do Not Counter at 2.5% . Silly and petty. Accept it and enjoy. 3% is peanuts, especially for a proven lease.
|
![]() |
![]() ![]() |
![]() |
#16 |
Pope & Young
![]() Join Date: Apr 2007
Location: Alvin, Texas
Hunt In: Pow Pow!
|
![]() |
![]() |
![]() ![]() |
![]() |
#17 |
Pope & Young
Join Date: Oct 2006
Location: Centerville
Hunt In: 20' up a tree in Leon County
|
![]()
Fun ain't free
|
![]() |
![]() ![]() |
![]() |
#18 |
Four Point
Join Date: Nov 2018
|
![]()
I would love to get a long term lease with our landowner in place at a fixed 3% increase. Let's you know the cost and secures your hunting land.
I feel like we play Russian roulette every year on our spot because the land owner can randomly change the lease cost or decide to give it to another group. Makes putting a management plan together tough. |
![]() |
![]() ![]() |
![]() |
#19 |
Pope & Young
Join Date: Nov 2006
|
![]()
I would go 2.77745% per annum. . . and not a cent more. :-) Sounds reasonable to me.
|
![]() |
![]() ![]() |
![]() |
#20 |
Ten Point
Join Date: Aug 2009
Location: Houston
Hunt In: LaSalle County
|
![]()
Commercially speaking rent bumps annually are commonplace. The more and more hunting leases are now going to written agreements the more and more they are becoming just like a commercial lease similar to an office building or warehouse. We typically see rent bumps in the 1.5%-3% per year in our warehouses. Its really a good way to know what you are up against vs a surprise double or more increase as others have mentioned. I would push to get a written agreement that states what is to happen and for how long, sounds like your landowner is sophisticated enough to think that way??
|
![]() |
![]() ![]() |
![]() |
#21 |
Pope & Young
Join Date: Dec 2009
Hunt In: Colorado, LaSalle, ,Menard Counties
|
![]() |
![]() |
![]() ![]() |
![]() |
#22 |
Pope & Young
Join Date: May 2012
Location: Bullard, Tx
Hunt In: Tyler and Jasper counties
|
![]()
That’s $30 per $1000, not much to complain about at all
|
![]() |
![]() ![]() |
![]() |
#23 |
Ten Point
Join Date: Aug 2009
Location: Victoria, TX
Hunt In: Victoria & Kinney County
|
![]()
I can see a 3% increase for a specific time period like 3-5 years and then be able to negotiate afterwards. I say this because you want this to be a long term lease.
Reasoning is a 3% increase on say a 3000 lease over 5 years takes the lease to $3,477.83 starting year 6. Depending on the lease there is going to be a certain point where the lease just isn't worth it for various reasons. Just my .02 cents |
![]() |
![]() ![]() |
![]() |
#24 |
Ten Point
Join Date: Jan 2009
Location: Conroe
Hunt In: Hill Country
|
![]()
If you’re currently paying $3000, in 10 yrs it’ll be approximately $4000. If it’s worth it to you, then roll with it. At a minimum you’d think it’d still equal the same percentage of your income (assuming you get an average of 3% increase in salary a year).
|
![]() |
![]() ![]() |
![]() |
#25 |
Administrator
![]() Join Date: Oct 2006
Location: Bulverde
Hunt In: Frio, Blanco Counties
|
![]()
A couple of things...
He could just play catchup in 5 years for the same dollar amount. I think that would sting more than the 3% per year. It costs to move off a lease. If you like it, have a good landowner, be happy to secure it with those terms. We all want annual pay raises of a minimum of 3% per year to cover "cost of living increase" but won't stand for the price of things to go up by the same amount. |
![]() |
![]() ![]() |
![]() |
#26 |
Pope & Young
![]() Join Date: Oct 2006
Location: Texas
Hunt In: Brady, Texas
|
![]()
That's common in leasing. We had a 5 yr contract on our Brady lease...the increase was written in the contract. Part.of the deal man.
Sent from my SM-G950U using Tapatalk |
![]() |
![]() ![]() |
![]() |
#27 |
Ten Point
Join Date: Oct 2013
Location: New Braunfels
Hunt In: Webb County
|
![]()
Ours is 5% and I don’t think twice about it. Just like previously mentioned about the proven lease and supply and demand.
|
![]() |
![]() ![]() |
![]() |
#28 |
Four Point
Join Date: Nov 2018
|
![]()
You should just get off the lease.
Please send the landowner my contact info. I am willing to pay 5%...... |
![]() |
![]() ![]() |
![]() |
#29 |
Ten Point
Join Date: Dec 2006
Location: Lumberton
Hunt In: anywhere
|
![]()
Thanks for all the thoughts and ideas ...its worth 3% for me not to move all my stuff but I have other members to deal with. You just have to put yourself in the land owners shoes sometimes to justify the cost increase.
|
![]() |
![]() ![]() |
![]() |
#30 |
Ten Point
Join Date: Jun 2017
Location: Graham
|
![]()
Are the deer's horns getting three percent larger every year?
|
![]() |
![]() ![]() |
![]() |
#31 |
Pope & Young
Join Date: Dec 2009
Location: Coppell
Hunt In: Sterling Co.
|
![]()
Seems fair. If it’s a good lease and good land owner I’d ask for a long term contract at that 3%
|
![]() |
![]() ![]() |
![]() |
#32 |
Eight Point
Join Date: Sep 2014
Location: Wichita Falls
|
![]() |
![]() |
![]() ![]() |
![]() |
#33 | |
Pope & Young
![]() Join Date: Oct 2006
Location: Wise Cty
Hunt In: Young Cty
|
![]() Quote:
I'd sign that on our lease for a 10 year extension TODAY...and we've been there 25 years, havn't had an increase in several. |
|
![]() |
![]() ![]() |
![]() |
#34 |
Pope & Young
Join Date: Dec 2010
Location: Waxahachie,Tx
Hunt In: concho co. tx
|
![]()
Finish reading the post fella's..He said they'd pay it,til they can't afford it.He ain't bitching,just unfamiliar with it.Jesus.
Sent from my SM-G970U1 using Tapatalk |
![]() |
![]() ![]() |
![]() |
#35 | |
Pope & Young
![]() Join Date: Oct 2006
Location: Poetry, TX
Hunt In: Haskell Co., TX
|
![]() Quote:
![]() |
|
![]() |
![]() ![]() |
![]() |
#36 |
Pope & Young
Join Date: Dec 2007
Location: Flour Bluff, America
Hunt In: Hebbronville
|
![]() |
![]() |
![]() ![]() |
![]() |
#37 |
Pope & Young
![]() Join Date: Oct 2012
Location: austin
Hunt In: Gillespie, San Saba & Kerr primarily
|
![]() |
![]() |
![]() ![]() |
![]() |
#38 |
Ten Point
Join Date: Oct 2011
Location: South Austin
Hunt In: Around TX
|
![]()
A good working relationship with a landowner and a contract are worth their weight in gold. So much better than a huge unexpected jump (eg 25%) without expecting it. The nominal increase protects you as much as the landowner.
Sent from my iPhone using Tapatalk |
![]() |
![]() ![]() |
![]() |
#39 |
Ten Point
Join Date: Aug 2012
Location: Rockwall, TX
Hunt In: Brown County
|
![]()
I'd counter with a CPI increase, that way it holds with actual inflation.
|
![]() |
![]() ![]() |
![]() |
#40 |
Pope & Young
Join Date: Jan 2012
Location: Savoy, Texas
Hunt In: Fannin/Grayson/Erath
|
![]() |
![]() |
![]() ![]() |
![]() |
#41 |
Pope & Young
Join Date: Jan 2012
Location: Savoy, Texas
Hunt In: Fannin/Grayson/Erath
|
![]()
My take: Pay the 3% and be done with it. If you don't like the lease, don't. Somebody will take it at that price before you leave the property with your stuff. I wouldn't "counter" with anything. You aren't in mediation and you might just pizz the ol boy off.
![]() |
![]() |
![]() ![]() |
![]() |
#42 | |
Four Point
Join Date: Oct 2019
Hunt In: Houston County
|
![]() Quote:
|
|
![]() |
![]() ![]() |
![]() |
#43 | |
Four Point
Join Date: Oct 2019
Hunt In: Houston County
|
![]() Quote:
https://mises.org/wire/inflation-beginners |
|
![]() |
![]() ![]() |
![]() |
#44 |
Pope & Young
Join Date: Oct 2007
Location: Mauriceville
Hunt In: SETx,La,Il,Ks,Mo
|
![]()
The landowner is being up front with you. That's a change from what I read on here and from what I have experienced myself. A 3% increase per year is less than what we have experienced I can tell you that. You actually have the advantage of planning into the future to the point that it will be to expensive or exceed its personal worth. If you are happy with the lease and its worth a 3% value increase per year, keep it.
Im assuming the 3 year contract was a set price? |
![]() |
![]() ![]() |
![]() |
#45 | |
Ten Point
Join Date: Jan 2012
Location: Bellville, Tx
Hunt In: East Texas Pineywoods, Austin County
|
![]() Quote:
![]() |
|
![]() |
![]() ![]() |
![]() |
#46 |
Ten Point
Join Date: Jan 2007
Location: Heath, TX
Hunt In: Abilene
|
![]()
Property taxes go up that much each year
Remember when one group leaves a lease the price of the next leasee is usually 15% highee |
![]() |
![]() ![]() |
![]() |
#47 | |
Ten Point
Join Date: Dec 2006
Location: Lumberton
Hunt In: anywhere
|
![]() Quote:
Thanks again for all the advice...and being positive about most comments, I've seen these threads turn for the worse... |
|
![]() |
![]() ![]() |
![]() |
Thread Tools | |
Display Modes | |
|
|