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Anyone on here invested in timber land before?
Posted on 6/6/23 at 9:49 am
Posted on 6/6/23 at 9:49 am
I'm seeing quite of bit of land where I'm from that is being sold very cheap but the stipulation is owners want to retain their mineral rights for oil and gas. But timber rights are fair game.
I've done well flipping homes but the market isn't ideal right now so I'm thinking about potentially buying some tracts - having them clear cut and then selling them again.
Google obviously has some information but I'm just wondering what the true revenue stream from this investment.
I've done well flipping homes but the market isn't ideal right now so I'm thinking about potentially buying some tracts - having them clear cut and then selling them again.
Google obviously has some information but I'm just wondering what the true revenue stream from this investment.
4
Posted on 6/6/23 at 10:11 am to Solo Cam
Why would someone want to buy land from you with NO timber for 20 years or mineral rights. Sounds like a bag holder
Posted on 6/6/23 at 12:28 pm to Solo Cam
Many people pass on land that have no mineral rights. That can come back to haunt you one day if you are the dirt owner and exploration starts into development.&
How close is the land to a sawmill cause it will be tough to get a reputable logger’s attention at 80 acres?
Is the land under any easement program currently?
Are there any wells on the property now?
Get it surveyed before buying - could help avoid future issues.
How close is the land to a sawmill cause it will be tough to get a reputable logger’s attention at 80 acres?
Is the land under any easement program currently?
Are there any wells on the property now?
Get it surveyed before buying - could help avoid future issues.
Posted on 6/6/23 at 2:03 pm to Solo Cam
How much does this land cost per acre and how much is clear cut land selling for?
Good hunting land seems to be fetching a premium these days. I’m not sure the best strategy would be to completely clear cut.
Good hunting land seems to be fetching a premium these days. I’m not sure the best strategy would be to completely clear cut.
This post was edited on 6/6/23 at 2:34 pm
Posted on 6/7/23 at 9:45 pm to Solo Cam
From everything you said this is a great deal. If you don’t want it, let me know, I’ll buy it.
Like was said, if no activity, mineral rights transfer after 10 years, Union Parish has fine deer hunting, and (like my grandmaw said) they ain’t making anymore.
Like was said, if no activity, mineral rights transfer after 10 years, Union Parish has fine deer hunting, and (like my grandmaw said) they ain’t making anymore.
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