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Land Investor Magazine – Volume 4



Mineral Resources & Mineral Rights in the Southeast

The vast mineral resources of the southeastern United States are wide-ranging and have a long history of discovery, development, and economic benefit. Mineral rights, which may or may not have been “severed” throughout a chain of ownership and title, continue to be an essential component in the discussion of southeastern land real estate. Some regional […]

Two World-Class Montana Ranches Become One

By Alex Lovett-Woodsum, Fay Ranches Editor It is unusual for two adjacent world-class ranches to come to market at the same time, but that is just what happened with the West Boulder Ranch and the Burnt Leather Ranch-Steen Place, nestled side-by-side at the base of the Absaroka Mountains in McLeod, Montana. Together, they comprise three […]


Transitioning from Ranch Broker to Ranch Buyer: What I Learned When I Bought My First Ranch

By Vinny Delgado, Fay Ranches North-central Montana has always held a special place in my heart. This seemingly endless part of the state fascinated me as a child, and I still have the same reaction to it today. Don’t get me wrong, I enjoy hunting and fishing opportunities all across this great state, but my biggest rush […]


Montana Landscapes: Deep-Rooted Purpose of Supporting Agriculture

By Kimberly Lowry, Broker Associate, Licensed in MT After the snow melts and the grass begins to green, a renewed sense of optimism fills the air as newborn calves dot the Montana landscape each spring.  Producers across the state consider their previous breeding decisions while busying themselves planning and preparing for the next calving season.  […]

Good Fences Make Good Neighbors

An article written by Rick Kusel, published in Volume 4 of the Land Investor Jean-Jacques Rousseau said, “The first man who, having fenced in a piece of land, said “This is mine,” and found people naive enough to believe him, that man was the true founder of civil society.”  Growing up with my grandparents on […]

The Law of Prior Appropriations: Why its History is Important when Investing in a Ranch

By John Anderson, Broker, Licensed in MT, ID There are two main types of water right systems actively used in the United States today: the Riparian system and the Law of Prior Appropriations. Many eastern states utilize the Riparian water rights system, which states that an owner whose property abuts a waterway has an inherent […]


Pricing Land

By Greg Fay, Founder/Broker, Fay Ranches & Jeff Boswell, Partner/Broker, Republic Ranches How much should I ask? Who do I talk to?  What should my strategy be?  One of the most challenging aspects of selling your land is knowing how to price it. The process of selling land is more often derailed by poor pricing […]


Legendary Guns From A Legendary Outfitter

It might only be just over one year old, but Texas-based outfitter Gordy & Sons boasts one of the finest collections of guns anywhere in the world, specializing in unique products that help you get the very best from every adventure. Expertise, attention to detail, and a deep understanding of the market are what set […]

Chihuahuan High Desert Ecosystem

By Bryan Pickens, Partner/Broker Associate, Republic Ranches Stretching from the Central Mexican Highlands to three states in the southwestern corner of the United States and covering nearly 175,000 square miles, the Chihuahuan Desert is the largest in North America. This stretch of land is a defining characteristic of the area around West Texas, southern New […]

Different Roles Found On A Ranch

By Dan Leahy, DL Resource Management, LLC There are many different potential roles on a property. Your exact needs will be determined by the type of property you own and its features and uses. The successful operation of a property, whether it’s a farm or a ranch, starts with making sure you have the right […]

Investing In Ranches

By James Esperti, Partner/Ranch Sales, Licensed in MT, WY, ID People pursue ranch real estate in the Intermountain West for many reasons. Some are looking for that perfect hunting and fishing property with big mountain views, live water, and a variety of wildlife. Others may want a large, productive cattle ranch with abundant water rights […]

Big Game Hunting In Oregon

By Jerry Hicks, Broker, Licensed in OR It was a beautiful day in early November 1983. The day before, my hunting partner Clark had taken a beautiful six-point bull that was in the 300-plus scoring range. It had been traveling with another big bull, and we were back on his track. Clark was behind him, […]