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re: Tell me about Timberland
Posted on 12/20/14 at 9:35 pm to Y.A. Tittle
Posted on 12/20/14 at 9:35 pm to Y.A. Tittle
We have some acreage in timber. Let it grow, thin it in a few years, cut it all in 15-20 years, replant. A timber company will take care of the replanting and it shouldn't cost you anything. In the meantime, lease it to a hunting club for a few extra $$.
Good deal if you already own the land and have a long investment horizon. Ours has been in the family for well over a hundred years, and the understanding is that it will never be sold to an outsider. Not sure I would invest in it otherwise, unless you just really want to own some rural property. The timber market can suck depending on the housing market, competition from overseas, etc.
As for the minimum amount of land, there are people who tree farm with 40 acres or less.
Good deal if you already own the land and have a long investment horizon. Ours has been in the family for well over a hundred years, and the understanding is that it will never be sold to an outsider. Not sure I would invest in it otherwise, unless you just really want to own some rural property. The timber market can suck depending on the housing market, competition from overseas, etc.
As for the minimum amount of land, there are people who tree farm with 40 acres or less.
Posted on 12/21/14 at 4:10 pm to Jim Rockford
I like timber. Look at ACAZF, RYN, PCL, PCH,and WY. I personally own all these except WY.
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