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Re: How much would you pay for the following lease (per A)
[Re: Brent100]
#516821
01/29/13 12:35 AM
01/29/13 12:35 AM
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Joined: Nov 2010
Posts: 248 Marshall and Lee Co
mondata
OP
4 point
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OP
4 point
Joined: Nov 2010
Posts: 248
Marshall and Lee Co
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"Offer to pay his taxes -Brent"
Was able to look it up online. The taxes work out to be $17.30 and acre per year. Don't think I want to pay all his taxes lol. If you do the math and say I pay his taxes for the 4 months of deer season (Oct-Jan) then it works out to be around $6/Acre. If I leased the land through turkey season (7 months total) it works out to be $10/Acre which is the going rate to Macon Co. leases.
Last edited by mondata; 01/29/13 12:56 AM.
Bowtech Assassin Goldtip Velocity XT Arrows NAP Spitfire MAXX
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Re: How much would you pay for the following lease (per A)
[Re: mondata]
#517012
01/29/13 09:04 AM
01/29/13 09:04 AM
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Joined: Feb 2005
Posts: 7,583 Moss Creek
Gotcha1
Bright Eyes
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Bright Eyes
Joined: Feb 2005
Posts: 7,583
Moss Creek
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Normally the annual tax bill is paid by the leaser. But that is a huge tax per acre for AFR land. He must really be big in the amusement business (mud running). That just don't make no sense.
Last edited by Gotcha1; 01/29/13 09:08 AM.
Matt Brock wears knock-off Crocs.
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Re: How much would you pay for the following lease (per A)
[Re: Gotcha1]
#517248
01/29/13 12:48 PM
01/29/13 12:48 PM
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Joined: Nov 2010
Posts: 248 Marshall and Lee Co
mondata
OP
4 point
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OP
4 point
Joined: Nov 2010
Posts: 248
Marshall and Lee Co
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I really prefer not to disclose the location but yes it was used for entertainment purposes years ago.
Bowtech Assassin Goldtip Velocity XT Arrows NAP Spitfire MAXX
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Re: How much would you pay for the following lease (per A)
[Re: mondata]
#517280
01/29/13 01:16 PM
01/29/13 01:16 PM
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Joined: Dec 2012
Posts: 1,039 Jackson co
I_hate_poachers
6 point
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6 point
Joined: Dec 2012
Posts: 1,039
Jackson co
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10 a acre isn't to bad really. I would pay it. Property taxes ain't cheap! I know I wouldn't lease my land to anyone if I knew I wasn't gonna make squat and still have to pay taxes on it. If I was you do like Brent said. Pay his taxes and all should be well. But wow that is high over 17$. Your gonna spend alot!
Last edited by I_hate_poachers; 01/29/13 01:19 PM.
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Re: How much would you pay for the following lease (per A)
[Re: I_hate_poachers]
#517376
01/29/13 02:30 PM
01/29/13 02:30 PM
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Joined: Nov 2010
Posts: 248 Marshall and Lee Co
mondata
OP
4 point
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OP
4 point
Joined: Nov 2010
Posts: 248
Marshall and Lee Co
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10 a acre isn't to bad really. I would pay it. Property taxes ain't cheap! I know I wouldn't lease my land to anyone if I knew I wasn't gonna make squat and still have to pay taxes on it. If I was you do like Brent said. Pay his taxes and all should be well. But wow that is high over 17$. Your gonna spend alot! Yeah its not worth $17 an acre and he has never been worried about getting the taxes paid before or he would have leased it. I think ultimately it will be turned into a subdivision years down the road. Developments are slowly headed toward that area.
Bowtech Assassin Goldtip Velocity XT Arrows NAP Spitfire MAXX
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Re: How much would you pay for the following lease (per A)
[Re: mondata]
#517747
01/29/13 07:54 PM
01/29/13 07:54 PM
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Joined: Feb 2007
Posts: 4,231 Central Alabama
Yelp softly
10 point
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10 point
Joined: Feb 2007
Posts: 4,231
Central Alabama
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I don't want to go into specifics but I can tell you that we have a sweet lease in that general area that we pay just over $5 an acre for. However, it's in the lease that we are responsible for certain upkeep of the property. For example, we have to maintain the roads, keep the firebreaks bushhogged, and maintain the gates. The downside is that if someone tears down a gate, we have to pay for it and replace it. It's worth the extra work and the risk of replacing some gates to pay a reasonable price for the lease.
Offer a low payment but include some work arrangements to raise his property value.
"When there was no fowl, we ate crawdad, when there was no crawdad, we ate sand."
"YOU ATE SAND!" - Raising Arizona
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Re: How much would you pay for the following lease (per A)
[Re: I_hate_poachers]
#517800
01/29/13 08:30 PM
01/29/13 08:30 PM
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Joined: Nov 2010
Posts: 248 Marshall and Lee Co
mondata
OP
4 point
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OP
4 point
Joined: Nov 2010
Posts: 248
Marshall and Lee Co
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If you suspect development in future you are better off lookin elsewhere. Especially if your lookin for long term lease that your wantin to put work into and manage it. It would suck if you planted plots ect and then a yr or two later it's not yours anymore. Or worse you got bulldozers and trac- hoes in sight lol I am not looking for a long term lease anyways. I might not be here next year. It will be at least another 7-10 years before it would be developed if that short of a time span. I had a good place to hunt with 6 really nice greenfields. I let that go because I may be leaving in Dec/Jan so I am only interested in this place because I may can get it cheap. Not going to dump any money into it
Last edited by mondata; 01/29/13 08:30 PM.
Bowtech Assassin Goldtip Velocity XT Arrows NAP Spitfire MAXX
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Re: How much would you pay for the following lease (per A)
[Re: MakeUmGobble]
#517804
01/29/13 08:32 PM
01/29/13 08:32 PM
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Joined: Nov 2010
Posts: 248 Marshall and Lee Co
mondata
OP
4 point
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OP
4 point
Joined: Nov 2010
Posts: 248
Marshall and Lee Co
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I own property in Macon County and my tax bill runs around $4.00 an acre...$17 sounds very high...I would consult with Mr Corbitt at the courthouse in Tuskegee and see if that is right. It is correct. It was used for entertainment purposes so that may have an effect.
Bowtech Assassin Goldtip Velocity XT Arrows NAP Spitfire MAXX
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