Timber markets fluxuate. What its worth 6 months or a year from now, might be alot different than current market. Best bet is to talk to a local logger or saw mill owner. Ask for maximum and minimum figures that can be expected at any given time.Then you can hope for the high amount, but also know what the bare minimum you can expect. Keeping location on the hush hush quite side probly good idea. That way you don't get undercut by who you talk to. But that is also going to require that you know the quality of the standing timber. Just because a tree is old and big doesn't mean it is a valuable saw log. So when you explain this timber to someone, you will need to know what you are talking about. If I were you, I would consider buying this property by some other means. And just consider what you end up getting out of the timber as a bonus. And not be dependant on that to come up with the principal. It would be nice to buy property that will immediately pay for itself. But a guy also needs to be realistic on what can be expected.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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