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Commercial Real Estate Investing

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Ellie Narie
  • Investor
  • Ashland, OR
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190
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"Land hacking" - buying land and selling all the trees?

Ellie Narie
  • Investor
  • Ashland, OR
Posted Aug 3 2021, 02:01

I have always wanted to own a large piece of land (20+ acres) and build a house on it. 

I've been looking at what lands are available for sale in my area. There's one piece of land that's over 100 acres, that is zoned as forest commercial and has about half a million board feet of estimated timber. The land is selling for 200k. 

So essentially, I could sell the timber for somewhere around 150k-200k, giving myself free or very cheap 100+ acres of land? There has to be a catch, right? I mean, I know I'd have to deal with zoning, but still... 100+ acres for $0-50k sounds way better than a small lot in the city for that same price.

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