Buying on leased land

How long is the lease for- year to year or multi year? Will you have to pay the landowner or the current lessee any kind of lease or sublease for the camp sitting on the property?

The ad did not specify how long the land lease is guaranteed at the price listed. It was listed as a per year anmout. Also, it did not say to whom the land lease monies would be paid to. Definitely questions I would need to ask,

Yeah you’re gonna want to get as much of that info as possible to present to the lender.

What are you planning on using the camp for? You gonna try to lease the rest of property eventually or join up with the person currently leasing it to hunt? Or just wanting a weekend getaway spot?

Also what kind of structure is the camp? An old house/cabin or something that can easily be moved if you and the landowner can’t come to a lease agreement?

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Does anyone have advice and suggestions about buying a camp on leased land

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It would be difficult to buy a camp on leased land. Mainly because it isn't for sale.

I would suggest an extended lease if you are serious about having a camp/ hunting spots for the long run. If its enough land then it may be worth it to bring in a friend.

In other words you can try to lease on a "camp" that's established and already has many unknown members or you can lease thousands of acres from a land owner and essentially make your own "camp" without dealing with a bunch of randoms.

I'd also look at the overall cost and consider just buying land.

depends on the circumstances and the cost. for instance in the port barre area the school board owns much of the property around the levee and has been leasing it for camps for at least 40-50 years. Its unlikely they will cancel the lease and boot you out unless there is some type of infrastructure project that they come up with like maybe building a highway between I-10 and 190.

talk to the seller and ask him to leave money in the deal to help withe downpayment so they can break up their capital gains taxes over two years.

but seriously, not sure how you can buy the camp if the land is leased. Are you being the land that is being leased as well?

You run the risk of having to walk away and leave is all.

But you also run the risk of missing years of fine hunting, fishing and outdoor activities with family and friends.

A lender will make it difficult to finance if want to use it as collateral.

We did that for years on Glasscock Island then sold out to someone else later on. Good times.

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financing

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If you’re looking to finance a purchase on leased land, I promise you, you don’t need it that bad.


I purchased a small hunting camp on land that is leased from the timber company, but I only paid 2.5K for the camp.

Every camp (and there are some really nice camps—— along with some dumps) on Old River in Innis is on leased property. Been that way forever. That place is a hidden paradise when the River is right—-and most of the folks who own camps on it probably couldn’t afford it otherwise.

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It is for a camp (mobile home) on a river....

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Maybe you are talking about False River? If so, there are a lot of camps on leased land. I owned a camp (and property) on False River and was surrounded by camps on leased land.

Some had 99 year leases.
Some had 20 year.
Some had annual.

The guys that had 99 year leases felt a bit more comfortable building a nice/permanent camp BUT there is still a significant risk. One buddy negotiated a fairly good size "break up" fee meaning that if the Land Owner decides to terminate the lease early, there would be substantial penalties involved. One of the issues with the long-term lease is who is leasing the land to you. I have seen some issues where you lease from B Olinde. B Olinde dies and his kids get the land. The kids (Estate) could decide to boot you off and sell the land. The attorneys can chime in with their knowledge, but your lease is with B Olinde and not the B Olinde Estate.


The ones that had 10/20 year leases generally put a nice single/double wide. Yes, it depreciates but at least you can move it and salvage some of the $$ you spent.

The ones that had annual leases lived with whatever crappy structure was on the land - some would put a nice 5th Wheel Camper in.