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re: I need advice from people who are knowledgeable about managing land
Posted on 6/8/14 at 6:49 pm to fishfighter
Posted on 6/8/14 at 6:49 pm to fishfighter
quote:
Having it treed, well, you could do a clear cut or a select cut, but 120ac is not going to bring much money. Then you have a big mess if clear cut.
Not thinking clear cutting. I would like to see what cutting sections and replanting would yield.
As I said I have zero knowledge in this area.
I think the hunting lease is definitely a possibility. There are some big deer back there.
Posted on 6/8/14 at 6:53 pm to wallowinit
it matters what type of timber you have. and 120 acres is not a lot of timber especially if the trees are not older than 50 years.
deff not worth hundreds of thousands of dollars thats for sure.
deff not worth hundreds of thousands of dollars thats for sure.
Posted on 6/8/14 at 6:54 pm to brbowhunter
You could open a nudist colony and offer camping.
Posted on 6/8/14 at 7:09 pm to wallowinit
Do a cursory search of the conveyance records of the parish the property is located. I would contact the land owners attached to the timber deeds and ask them who they contacted to clear cut the timber off of their property and their experience with that timber company. I dealt with a ton of land that had been clear cut of timber without filling a timber deed. Usually the timber company contacted the person who was paying the taxes and payed that one person. For example, I was working on one tract of land where I found an additional 50 owners that was not mentioned in the conveyance records. The were pissed off that the timber was cut and never received payment. So be careful who use choose to cut the timber off your property.
I would imagine you could lease the property for hunting depending all the surrounding areas. If the surrounding areas is hunted heavily, your property won't reach a premium with respect to hunting rights and privileges. As the poster mention beforehand, make sure they have insurance and sign a hunting lease in the conveyance records.
I would imagine you could lease the property for hunting depending all the surrounding areas. If the surrounding areas is hunted heavily, your property won't reach a premium with respect to hunting rights and privileges. As the poster mention beforehand, make sure they have insurance and sign a hunting lease in the conveyance records.
Posted on 6/8/14 at 7:10 pm to wallowinit
I've always wanted to own a tree farm, you can definitely do that for a cheap price.
Posted on 6/8/14 at 7:20 pm to dneverever
quote:
I would imagine you could lease the property for hunting depending all the surrounding areas. If the surrounding areas is hunted heavily, your property won't reach a premium with respect to hunting rights and privileges. As the poster mention beforehand, make sure they have insurance and sign a hunting lease in the conveyance records.
its 120 acres. you wont get more than 1k a year for so little land. so its not worth it. i leased 44 acres in st francisville for 500 a year and had huge bucks all around me. in a major prime area behind the nuclear plant.
Posted on 6/8/14 at 7:27 pm to wallowinit
quote:
about 100 of the 120 acres of land is heavily wooded. I'll bet the timber alone is worth hundreds of thousands of dollars.
Highly doubtful. While Oak logs are really hot right now you're not going to be bringing that much.
40 acres of Straight Oak might bring 10k depending on weight and split with loggers.
Posted on 6/8/14 at 8:00 pm to wallowinit
I know some foresters who always have loggers in the area and can put you in touch with them. We were cutting that high fenced property across from dow when I left, and had probably 10 different crews working within a 15 mile radius
This post was edited on 6/8/14 at 10:19 pm
Posted on 6/8/14 at 8:02 pm to wallowinit
Unless you want to clear it for comm dev today you don't have enough acres in timber to offset leasing it to a hunting club or farming.
If you want to sit on it the best route is to lease it to a hunting club. Just make sure they carry enough insurance.
If you want to sit on it the best route is to lease it to a hunting club. Just make sure they carry enough insurance.
Posted on 6/8/14 at 8:26 pm to johnnyrocket
Too much of a PITA to build anything on that soil. He can make a shite ton on the trees though
Posted on 6/8/14 at 8:56 pm to Hammertime
quote:
Too much of a PITA to build anything on that soil
In what way? It's far from being swampland. It's very well-drained. I think people have a general misconception of the land back there along the intracoastal canal.
quote:
He can make a shite ton on the trees though
I've been told the trees on it are worth a LOT and I have posts in this thread basically telling me it's not worth the effort from an economic standpoint.
quote:
If you want to sit on it the best route is to lease it to a hunting club. Just make sure they carry enough insurance.
This is my first thought and seems the simplest route. Would like to make at least enough from the lease to pay the taxes and to fund the insurance policy.
Posted on 6/8/14 at 9:19 pm to wallowinit
I will lease it from you for myself to hunt only (no guests). I will pay for 2 million in insurance and have a waiver of liability signed, notarized, and filed at the WBR courthouse. I will not build any stands nor travel the area by vehicle, foot only.
Posted on 6/8/14 at 9:30 pm to wallowinit
How is shrink-swell clay easy to build on?
If you were serious about it, you would've emailed me already
Eta: As long as my phone doesn't die, I am gonna take my email down at 10, so get it while it's hot. I'm not some slap dick that cut down a tree once
If you were serious about it, you would've emailed me already
Eta: As long as my phone doesn't die, I am gonna take my email down at 10, so get it while it's hot. I'm not some slap dick that cut down a tree once
This post was edited on 6/8/14 at 9:37 pm
Posted on 6/8/14 at 9:40 pm to wallowinit
Thanks to all who replied. You gave me a lot to work with.
Posted on 6/8/14 at 9:41 pm to wallowinit
Would this happen to be an LLC?
Posted on 6/8/14 at 9:49 pm to Hammertime
Thanks for the offer. I'm not in a hurry to do anything as the situation currently is stable. I'm mainly looking to see what range of options are available.
Posted on 6/8/14 at 10:10 pm to wallowinit
while it is hit and miss as an investment, honestly, owning property is not really a good source of income at all any more...even good farm land doesn't bring shite for rent...unless the trees are exceptional, the timber won't even pay you enough to clean up the mess when they are done...
as the others say, I think your best bet is to try to rent it out for whatever the taxes cost you annually and be done with it...
as the others say, I think your best bet is to try to rent it out for whatever the taxes cost you annually and be done with it...
Posted on 6/8/14 at 10:16 pm to tigersownall
quote:
Would this happen to be an LLC?
If it's got some history behind it and perhaps some gravel, even better.
Posted on 6/8/14 at 10:18 pm to wallowinit
Be careful dealing with timber companies. Loggers are some of the slimiest folks around and will rob you blind. Especially once they identify that you clearly don't know what you're talking about
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