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re: Anyone on here invested in timber land before?
Posted on 6/6/23 at 2:03 pm to Solo Cam
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
1
Posted on 6/7/23 at 8:41 am to turkish
quote:I can get it for $1k/acre
How much does this land cost per acre and how much is clear cut land selling for?
Clear cut land is selling for $2k-$3500 with mineral rights
I would want to sell it for $700-$800 clear cut with no mineral rights (as I would not maintain them)
So I would have to find someone who wants 80 acres of recreational property for $50-$60k that clear cut.
Or lease the land to a large wood producer like Weyerhaeuser
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