quote:
I purchased the remained 28 years of a 75 year lease of 6500 acres

...and enlighten us as to what you pay for said 47 year old lease? I'm sure it's market rate, and your aren't sucking the gubmint teat like Bundy.

Boudreaux's grandson

You don't read too well, do you? I'll repeat...

quote:
Uh...do you have any familiarity with a BLM or Forest Service grazing leases whatsoever? They are quite intricate with deliverables required of both parties, and it's nothing like the typical quid pro quo Lessor/Lessee arrangement you're familiar with. The "rent" charged by the government represents only a fraction of the lessee's expenditures on the land that benefits the govt.
...
People need to get out of their Deed-oriented mindset of property ownership and understand that there are other forms of land ownership/possession. Folks are not understanding is that possession by Deed and Claim both forms of possession.

"Market rate"? Are you on drugs? You obviously have no clue how this stuff works. How much did I pay? A hell of a lot more than you can afford. Furthermore, that land will revert back to the supplier of your Obammie phone when I'm dead.

Does it make me money? No. It runs in the red due to ever-changing Gubment rules to pay for your cheese. I maintain it because I love the land and use it as a retirement home/retreat.

Can I just let it set there? No. I MUST run cattle on it or I lose the lease. I must also utilize a certain amount of water or I lose those water rights also. This stuff costs money to maintain and operate.

Can I run enough cattle to make the land profitable? Not a chance in hell. The Feds change the rainfall/soil porosity/vegetative formulas every two years which always seems to result in fewer cattle, even when the summer monsoons have the countryside lush and green.

No big deal for me...fewer cattle mean less hassle. But for the others in the area who depend upon production for their livelihood are damn near qualifying for food stamps. But Mung, apparently you have no real problem with that, do you?

But there is always one constant...the gubment is always willing to buy back these old leases for pennies on the dollar. Do you need this spelled out for you, buckwheat?