Ranch ownership is different than ownership of most types of real estate. It requires knowledge of the current operations, an understanding of the resources available on the ranch and a grasp of the financial and budgeting processes. Successful ranch management requires a balance of wildlife and resource management with that of productive agricultural operations. Even the most seasoned ranch manager can struggle with these challenges.

Education, knowledge, and ability to change with the times are a few key factors in running a successful business. A great source for farm and ranch owners/operators is the Ranch Management Consultant's website. The philosophy of Ranch Management Consultants, according to their website, is:
The emphasis in conventional agriculture has been to increase production using fossil fuel technology. Much of the energy used, personal stress and costs in farming and ranching come from fighting nature. We have found that economic and financial stability are seldom associated with maximum production. Working with nature results in fundamental improvements to the economic and biological health of the business and can dramatically improve the lifestyle of the people on the ranch.

To find additional resources for management visit our website at www.pfisterlandco.com or click here.

Labels: Ranch Brokers, ranch management, why invest in Wyoming

The rampant land rush in the west has screeched to a halt, the stock market dropped 8,000 points and subprime lending hit the skids. So why invest in land now? Cash is king again, and creditworthy buyers can secure long-term funding at sub-five percent interest rates.

Now is the time to take advantage of this market. In 2009 we saw our company sales plod along in the half million to million dollar range. However, more recently we have seen a property closing at $12 million and we are aware of a confirmed pending contract at $14 million. We also currently have cash buyers in the $2-$15 million range. Everyday we are fielding bona fide inquiries and this is in sharp contrast to what little activity we saw in the previous 12 months.

Motivated seller's now have to compete in a market with a surplus inventory of quality land, an inventory that is continually growing. We are seeing land that is priced at 2001-2003 prices, a dramatic change from what we saw in 2008. Sellers are also concerned the current administration is going to hike capital gains tax back to 30% eroding seller's realizable gains by another 15%, and ultimately effecting seller's pricing and expectations. So now is the time to take advantage of the current market prices and realistic seller's expectations.

Every property has a price, and all marketed offerings are for sale, it simply takes action and ability on behalf of the buyer. Create a checklist before beginning your investment search. Know your budget and comfort zone, and become prequalified for this type and size of loan. Determine the area or region, desired land type and acreage.

Contact Pfister Land Company; we are active in 10 western states. (307) 684-5201
Or visit our website at www.pfisterlandco.com to view our new listings and recent price reductions.

Labels: invest in land, land for sale in Wyoming, why buy land not, why invest in Wyoming