Why Management Matters
Buying real estate is a great investment, but like many investments, you must be active in the management of your portfolios. Land investments are no different. They are literally a living, breathing entity that needs attending to. Whether the buyers primary focus is on conservation, wildlife habitat, agriculture enterprises or natural resources, the land will need managed. Finding a team of professionals to manage these lands can be a challenge. Let a professional management team take on the tasks at hand.
Below we have compiled our top 5 reasons why hiring a management company, like Single Iron, is a worthwhile investment.
You save money
It’s a common concern that hiring a management company will be too expensive. In the long run, you’ll actually save money! Your agricultural property will be better taken care of. Whether you decide to lease the property to a tenant or operate it with a manager onsite, you will have a higher quality team that is vetted through the management company.
You save time
There can be a lot of tedious and time consuming work on agricultural lands. From repairs and maintenance of the property such as irrigation equipment, fencing, roadways, etc. to managing grazing schedules, allotments, commodity contracts, etc. this can take the owner away from other important task. A management company can help free up time to enjoy the land!
Industry expertise
Management companies often specialize in one industry. You may be new to agricultural lands or invested in a different geographical area. Because management companies often work with many different clients, they can really provide a perspective based on what they’ve seen work (or not) before. Providing real-world, functional knowledge that is applicable to the property.
Accountability
Having a third party providing oversight and/or management services builds accountability through implementing infrastructure that supports it. Sound compensation policies, results-driven standards, and managers with integrity who are trained to confront difficult issues head-on are all part of a culture that values accountability - and therefore productivity.
Peace of Mind
Through reliable and functional ranching and farming practices you can be sure that your land will be managed with your future in mind. Our practices will provide you with sustainability into the future.
We handle all aspects of management and will tailor the plan to fit your needs and the needs of the property. Contact us for specifics.