Started By
Message

re: Anyone on here invested in timber land before?

Posted on 6/6/23 at 3:12 pm to
Posted by Cdawg
TigerFred's Living Room
Member since Sep 2003
59669 posts
Posted on 6/6/23 at 3:12 pm to
quote:

80 acres for 50k
within 30 miles of a sawmill?

I'd be asking why hasn't anybody swooped in already if there is actual timber on there ready to cut at about $600/AC when the acreage in rural LA is probably 4-5k for that size tract.

Posted by Solo Cam
Member since Sep 2015
32743 posts
Posted on 6/6/23 at 6:17 pm to
quote:

within 30 miles of a sawmill?
Yes.

It's not currently at $50k

It's an off market deal and I could get it for $1000/acre

It's a family that's not in state and just want the gas royalties. They've had it leased to guys to hunt and they've never been approached for the timber.

It has deeded access and the neighbors had their set logged.

My thought process is if I bought it could I clear cut it and sell the timber then either keep the land and lease it for hunting, plant it snd harvest the timber again in 30 years or flat out flip the land.

I'm thinking I could get some trail cam photos and hire whitetail properties guys and try to get $70-$80/acre without mineral rights.

I would need to be able to net $800-$1000 an acre to justify buying it with essentially no risk.

Even if I could break even on the land I wouldn't mind having 80 acres extra to hunt that cost only property tax

first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram