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THE MARKET ISSUE<br />
SPRING <strong>2016</strong><br />
18<br />
PROFILE<br />
DAVID FAUST<br />
David Faust finds that spending his life helping<br />
people buy and sell ranches is as enjoyable as<br />
anything he can imagine.<br />
28<br />
RANCH RESTORATION<br />
A TWA TOPIC<br />
Linda Campbell and husband David Mahn headed west,<br />
searching for a ranch they could manage for quail, which<br />
meant buying in either South Texas or West Texas. They<br />
had a budget, a wish list—and a vision.<br />
36<br />
MARKETING 101<br />
STRATEGIES FOR HUNTING ENTERPRISES<br />
Roughly 20 years ago, Greg Simons heard Forrest<br />
Armke, who is the manager of the historic Ford Ranch<br />
near Melvin, Texas, deliver a talk about marketing<br />
hunts. He summed it up well when he said, “Know<br />
your product. Know your customer. Close the deal.”<br />
42<br />
PROFILE<br />
DAN ALLEN HUGHES JR.<br />
Although the Hughes family has amassed one of the<br />
largest inventories of private land in Texas, Dan Allen<br />
Hughes Jr. sees immense value in public land.<br />
64<br />
PROPER RIPARIAN MANAGEMENT<br />
EQUALS MORE AND BETTER WATER<br />
We are blessed in Texas with picturesque creeks and<br />
rivers on many of our rural properties. Along these<br />
bodies of flowing water are riparian zones, critical for<br />
maintaining quantity and quality of the precious liquid.<br />
68<br />
KNOWING THE LENDING LOGO<br />
BUYING OR SELLING RURAL REAL ESTATE?<br />
Rural real estate financing has changed dramatically<br />
since the early 20th century. Today country home<br />
and land buyers have dozens of financing options.<br />
Whether you are purchasing or selling property, it<br />
helps to know the lending lingo.<br />
80<br />
ALL THINGS BEING EQUAL<br />
TACKLING THE ISSUE OF “FAIR VS. EQUAL”<br />
For individuals who favor a “fair” distribution of<br />
property, planning can be fairly simple. Land can<br />
pass via a Will or Trust in equal shares to children<br />
and/or grandchildren. Sounds simple but in reality it<br />
can cause strife between heirs.<br />
92<br />
BUYERS BEWARE<br />
FIVE THINGS YOU NEED TO KNOW BEFORE<br />
BUYING PROPERTY IN TEXAS<br />
If a seller doesn’t know something, buyer, beware. By<br />
not investigating this for yourself, you could be in for<br />
an unwelcome surprise after you close on a property.<br />
99<br />
MARKET REPORT<br />
SECOND WIND FOR TEXAS LAND MARKETS?<br />
Final year-end results indicate that 2015 Texas land<br />
market price trends slowed considerably.<br />
100<br />
LAND STAR AWARDS<br />
OUR WINNERS FOR 2015<br />
The LAND Star Awards program was created to<br />
recognize top-performing land brokers and bring<br />
awareness to this informative database.<br />
BROCHURE<br />
RANCHO AGUA GRANDE<br />
With the rich, abundant diversity of<br />
wildlife, it’s no wonder that Rancho<br />
Agua Grande is considered one of the<br />
nation’s premier hunting destinations.<br />
(Following page 48)<br />
PORTFOLIO<br />
ON THE COVER<br />
DEEP HOLLOW CREEK RANCH<br />
The moment you drive through the gate of<br />
this must-see 150-acre Hill Country Estate,<br />
majestic water and fertile improved pasture<br />
captures the eye as the landscape rises<br />
upward towards the west.<br />
BROCHURE<br />
SANDOW LAKES RANCH<br />
Sandow Lakes Ranch is a<br />
magnificent, unique and versatile<br />
33,800-acre property in the<br />
heartland of Texas.<br />
(Following page 72)