Ranching in the American West includes a long and storied history. The majority of of today's ranches might be traced back to the occasions of homesteading, when settlers and sodbusters carved out an income through effort and perseverance. These brave men and women were the backbone of western expansion and their agriculture products became the staple of American Industry. In exchange because of their efforts, these pioneers received full ownership with a of the extremely beautiful land in the West.
With the 20th century industrialization and urbanization of America, the western rancher became an obsolete icon, relegated to the backdrop while still expected to provide enough beef and food crops to fuel the fast growing American population. At the same time, the ranching homesteads of the first pioneers were fast becoming the most desirable locations for new house subdivisions and wealthy mountain retreats.
Today, the increasing demand for these pristine valleys is driving land prices out of reach to create farming and ranching a profitable business. The Colorado Department of Agriculture reports that 57% of men and women who own a Colorado ranch must work off the farm to generate ends meet, with 39% working significantly more than 200 days off the farm.
So, who is another generation of ranch owner? A current study by the University of Colorado analyzed ranch sales in ten Montana and Wyoming counties from 1990 to 2001. Just 26% of men and women who bought large parcels (400+ acres) were traditional ranchers. Nearly 40% were "amenity" buyers - millionaire out-of-towners who don't count on the ranch to make a living. Others were property investors, part-time ranchers, developers and others. A number of these amenity buyers are seeking to savor the ranching lifestyle and recreational access of these ranch property, but do not require enough time, experience or desire to steadfastly keep up the agriculture operation.
While these conflicting trends seem to be driving a wedge into the continuing future of working farms and ranches, Ranch Partners Real Estate sees this as a chance to produce a new partnership for preserving the western ranching heritage. Ranch Partners works with ranchers, investors and recreational buyers to acknowledge properties that could serve as a sustainable agriculture business and a recreational ranch investment. Then, utilising the "Tenants in Common" kind of property ownership, the ranch is purchased together by the rancher and investor, with each buyer receiving a deeded title to the same and undivided curiosity in regards to the ranchers pride.
Through this New Ranch Partnership, the rancher has the capacity to own and operate a sizable working ranch, while significantly reducing his capital costs and operating expenses. At the same time, the recreational investor obtains ownership to a lovely working ranch with full usage of the ranch's recreational amenities. While every transaction is unique, the underlying premise for the New Ranch Partnership is to offer an opportunity to preserve the working ranches of the west, while expanding the ranch's value through developing and managing the recreational ecosystem within the ranch.
If you are a rancher with a desire your should buy and manage your personal personal ranch, a higher net worth individual thinking of buying property with above market appreciation potential, or a passionate outdoorsman looking by yourself private refuge to hunt, fish and enjoy, the New Ranch Partnership is for you.