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  #11  
Old 01-01-2013, 09:16 AM
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biggun biggun is offline
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Join Date: Nov 2010
Location: Abbeville, LA
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Well guys I can tell from experience about bidding on school board..

There was a 485 acre section coming up this past spring... The people who had it the last 5 yrs were paying $7,300 a yr..

Well I got 3 other friends to come in with me.. We double the bidd to $15,500...

The orginial leasee had one of this members bid against him.. It was $33,000/ yr..

The leasee bid $37,500 to keep it..

I speak to him after the bids were open..He said they had 6 blind on the lease..

So @ $7,300 All 6 members were paying 1,600 a yr.. The little extra was for decoys, gas for a common boat etc...

Going from 1,600 to about 6,000 a yr is huge...

SO that's the story about bidding on school board leases...

Biggun
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