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Updated over 16 years ago on . Most recent reply

User Stats

33
Posts
1
Votes
No Name
  • Real Estate Investor
  • New Orleans, LA
1
Votes |
33
Posts

Questions regarding 100 Acres in Mobile, AL

No Name
  • Real Estate Investor
  • New Orleans, LA
Posted

I was given an offer to purchase about 100+/- acres of land in Mobile, AL. This will be one sale of about 40+/- acres and another 60+/- acres with both full of trees. I’m not a tree guru and doing some research as to the type. From first sight, they look like the same tree types used for power lines, but I’m still researching to confirm.

My thoughts were to price the timber on the property and use it to cover the cost of purchasing the land. I have not dealt with a timbering company and wanted to get some suggestions as to how to use the timber on the property to purchase it. Any suggestions as to how to use this approach is helpful.

Marc

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