Many people that own vast acres of land are unsure of how to monetize it. Many people rent out portions to a farmer to grow crops or even to harvest wood. But there is a pretty significant demand for hunting land in many states.
If you are lucky enough to own some property already, then it’s time to start making your land work for you. If you are in the market, check out some of this land for sale in Michigan. They offer some large plots that are perfect for establishing some passive income. Here are a few ways that you can use your land for hunting purposes and how to make it happen.
Is Leasing Right for Me?
The first thing you need to figure out is if leasing your land is right for you. Many considerations go into this decision. You will want to think about what kind of game you have on your property and how plentiful it is. You will also need to consider how big your area is.
One great reason to take on leasing your hunting land is if there is too much wildlife on your property that is potentially damaging your land. This is especially relevant if you are leasing out cropland and the deer are encroaching and messing with the crops. If this is your situation, you are in a doubly beneficial condition with leasing.
Hire a Professional
If you have decided to proceed with leasing your land, then the next thing you need to do is hire a lawyer and insurance agent to help you navigate the lease agreements and liabilities. This must be set up correctly to prevent you from being liable from any accidents that may arise from leases your property. You will also want to consult with county and state game wardens, so you know the rules involved with hunting tags and what is available.
Promoting Your Land
Now that you’ve set up a lease agreement and ensured that you are free from liabilities, it is time to let people know that your land is available for hunting. You can always run an ad in your local paper or post on social media to help get the word out.
You can also use posters and signs that you could put up in your local hunting supply stores. But the most powerful way to promote is through networking and word of mouth. If you are part of the hunting community, this should be the easiest and fastest way to get your first lease signed.
Managing Your Leases
Congratulations! You’ve got some lease agreements. But your work isn’t finished just yet. If you don’t know the people you are leasing to; you can always limit the leases to smaller groups until you are comfortable.
You can also make visits to the campsite on your property to make sure that your land is being respected and cared for. If you have the time, a great way to make yourself more comfortable with new people on your farm is to offer guided hunting trips.