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re: Miss. River Hunting Clubs (Giles Island spinoff)

Posted on 1/11/18 at 6:49 pm to
Posted by Timmayy
Houston
Member since Mar 2016
1669 posts
Posted on 1/11/18 at 6:49 pm to
Dows higher than ever?
Posted by prostyleoffensetime
Mississippi
Member since Aug 2009
12265 posts
Posted on 1/11/18 at 8:41 pm to
I’ve heard anywhere from 5k-20k per membership. I know of one that is 10k per gun (i.e. wives, children, right to bring a guest). It’s nuts.

My grandfather was the president of a river camp that was a leased cottonwood farm for 30 years that turned into a share camp two or three years ago. He organized the horse rider drive every Saturday and Sunday morning during gun season. Some of the most fun I’ve ever had in my life was hunting on the river bank watching barges and hearing the horses riders hollering as they get closer.
Posted by RingLeader
Slidell, LA
Member since Jan 2007
1105 posts
Posted on 1/11/18 at 9:00 pm to
At Palmyra last I heard dues were 4-5k. There are several required work details you have to show for. But it’s nothIng back breaking. the harvest rules are very strict. State rules and limits don’t apply. A membership/share gets an allotted amount of bucks whether the member, kids, or guests shoot. Most years its like 5 bucks. 3 trophy class and 2 management class. And for each buck harvested a doe must be harvested before the next buck is harvested, until the set doe quota is reached. The bucks have to meet age/rack size and point requirements or the membership faces a fine and/or loss of a buck for that season or the next even. It can get very complicated. In some cases my friend says it takes the fun out of it because ageing a deer and guesstimating his score on the hoof can be a crap shoot. The jawbones and racks are studied by a biologist and etc.

The club is heavily managed. But the results speak for themselves. The old guys tend to hunt easy spots as said by someone earlier. And in all honesty, everywhere on the property has just as good a chance as any for a real trophy to step out. Just depends what kind of hunting you like to do. My friend went to bow hunting only about 20 years ago so he hunts lock ons deep in the woods.
Posted by Sparetime
Lookin down at LA
Member since Sep 2014
972 posts
Posted on 1/11/18 at 9:43 pm to
Let's do the math. Never mind

The share clubs are stupid good deals. You buy property for a fraction of the price to use all of it, you don't come out of pocket except for hunting dues( if you decide to hunt), don't have to pay operating expenses( i.e. seed, new roads, broke pto pump on tractor), everyone i've ever been to the food is hot and ready, dishes washed, and if you are a decent hunter the pickings are easy.

And I have never heard of a share in any share club on the river not selling for a decent return when you decide to dump it.
Posted by Sparetime
Lookin down at LA
Member since Sep 2014
972 posts
Posted on 1/11/18 at 9:48 pm to
This.

Biggest pain with most of these clubs is they have several attorney members. Thus anytime someone's panties get in a wad they add on to the rule book. Beck's Bay/Woodlawn's rule book is nauseating. Almost come to the point that the old members will do and ask questions later, then sell their share and buy 500 acres on their own somewhere else.
Posted by Coomdaddy
KY
Member since Aug 2017
417 posts
Posted on 1/11/18 at 9:55 pm to
I'm just a bumpkin from Ky. What are you all buying for a million bucks? Just the right to hunt? A percentage of 8k acres? We do not have anything like this here.
Posted by White Bear
Deer-Thirty
Member since Jul 2014
17277 posts
Posted on 1/11/18 at 10:10 pm to
It's an undivided interest from what I gather.
Posted by Sparetime
Lookin down at LA
Member since Sep 2014
972 posts
Posted on 1/11/18 at 10:11 pm to
The model for the original clubs was perfect. 5 guys buy 1000 acres of non wanted swamp land when beans were cheap for say a million. Option comes up for an additional 1000 comes up they get 5 more guys to put up money to buy it. Next they get 3 more members to buy in to build a 350k lodge, mini storage, cleaning facility. Before long they have have 5000 acres, huge facilities, and no more land or room to expand, share prices go up for no more value added just demand for the asset. PROFIT
Posted by Sparetime
Lookin down at LA
Member since Sep 2014
972 posts
Posted on 1/11/18 at 10:15 pm to
It is undivided interest, most clubs will let you finance if they get the dragnet clause and the bank will grant the club the clause. Most people say the problem is you can't claim this section is mine, to me you can claim every square inch is yours.
Posted by Manatee
Mandeville
Member since Oct 2011
431 posts
Posted on 1/12/18 at 9:14 am to
This sums it up, you can buy a couple hundred acres but then you incur a lot of expense and have to do all the work.....it adds up. Spend $300K and have access to a giant place, skinning shed, lodge with cooks in season. And yes some camps have idiots, that's part of life.
Posted by White Bear
Deer-Thirty
Member since Jul 2014
17277 posts
Posted on 1/12/18 at 9:17 am to
I wonder if one could mortgage their undivided interest? I doubt it but wondering if you know, or it probably differs by club, etc.
Posted by AlxTgr
Kyre Banorg
Member since Oct 2003
86539 posts
Posted on 1/12/18 at 9:19 am to
quote:

My friend went to bow hunting only about 20 years ago so he hunts lock ons deep in the woods.


Your friend is either my friend or knows mine very well
Posted by RingLeader
Slidell, LA
Member since Jan 2007
1105 posts
Posted on 1/12/18 at 9:49 am to
He from Houma? Initials MA?
Posted by AlxTgr
Kyre Banorg
Member since Oct 2003
86539 posts
Posted on 1/12/18 at 10:01 am to
No, but I think I've met him. One of the great things about that club is, for how big it is, there are very few like him and my friend. If you hunt the woods, you basically have it to yourself.
Posted by RingLeader
Slidell, LA
Member since Jan 2007
1105 posts
Posted on 1/12/18 at 10:27 am to
He’s a 40-year-old dude has three kids. His dad and all three kids hunt with him. He got the membership the old fashion way. He inherited it. Not bad! I’ve been there couple times with him but it was about 20 years ago. He’s a top notch dude. Very ethical hunter.
Posted by Mr Wonderful
Love City
Member since Oct 2015
1045 posts
Posted on 1/12/18 at 10:49 am to
I would assume it would depend on whether that particular club has any restrictions on encumbering the shares.

I’m still just hung up on if these places have such great hunting and are such great investments, how they list for months (maybe years like the WQ shares)? I would imagine there’s quite a few people who love hunting that could afford $700-$800k in lieu of beach houses, etc...especially if financing is available.

I’m not currently in the market for something like this but likely will be and I am genuinely curious. Most land sales in NELA (only area I have actual knowledge of) are sold very quickly by word of mouth if they are worth a damn. Yet these clubs have shares listed with major recreational land realtors, sometimes for a while. I’ve always been told the hunting there is unreal, but it just doesn’t seem to add up.
Posted by DirtyMikeandtheBoys
Member since May 2011
19467 posts
Posted on 1/12/18 at 10:58 am to
Honestly I think that it's because most people with that level of disposable income understand the dynamics of dealing with group dynamics and having to have every minute decision voted on by a board and don't want to deal with the fricking hassle of it all.
Posted by baldona
Florida
Member since Feb 2016
23454 posts
Posted on 1/12/18 at 12:07 pm to
quote:

Honestly I think that it's because most people with that level of disposable income understand the dynamics of dealing with group dynamics and having to have every minute decision voted on by a board and don't want to deal with the fricking hassle of it all.


That's what I was saying, Club sounds great but there would be too much BS for me. If I wanted to go hunt somewhere and have hot meals cooked by someone else and I could afford a $1 mil hunting club, I'd be going on guided hunts throughout the country. I supposed its a lot like a country club though, part of it is simply being a member, BSing with other members, and its close. I personally couldn't play the same golf course 3 times a week all year either.

If the shares are not being sold quickly, that usually means the price is way too high and they end up selling for quite a bit lower then the asking. People love to ask $1 mil, let it sit for 6 months, and then sell for $800k. I guess you won't get top dollar if you don't ask.
This post was edited on 1/12/18 at 12:10 pm
Posted by JAB528
The Mexican Ocean
Member since Jun 2012
16870 posts
Posted on 1/12/18 at 2:28 pm to
quote:

Honestly I think that it's because most people with that level of disposable income understand the dynamics of dealing with group dynamics and having to have every minute decision voted on by a board and don't want to deal with the fricking hassle of it all.


In my experience, its really not like this at all, is there some pettiness? Absolutely, but it’s really not that bad, no different than any other management based club.
Posted by McGregor
Member since Feb 2011
6753 posts
Posted on 3/19/18 at 3:39 pm to
quote:

Valewood Plantation


been a guest there 2-3 times, great folks, great land
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