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I've got some extra money to invest and I'm considering purchasing some wooded land to harvest for the oak/pine for profit and future development. I was wondering if anyone else had done this successfully and the manner in which they cleared the land. THANKS!

2007-03-08 04:08:50 · 1 answers · asked by bells b 2 in Business & Finance Renting & Real Estate

The profit would come from the sale price of the trees being more than the purchase price of the land.

2007-03-08 05:03:29 · update #1

1 answers

Extra Money??? How much???

Points to consider.....

How much does the land cost?
How much are the trees worth?
How much does it cost to cut and transport the trees?
How much does it cost to clean up the land for selling?
What is the bareland worth and what can it be used for?
Who would buy it?
How much does it cost to hold the land while you try to find a buyer?
If you don't pay cash for the land, where do you get financing for bare land?

Forest companies can make this plan happen because they have a 100 year business plan, and they do the cutting and milling of the trees.. Where does your profit come from?

2007-03-08 04:53:06 · answer #1 · answered by bob shark 7 · 1 0

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