This entry covers productive land whose value derives from what grows on it: timberland (commercial forest harvested for wood products), vineyards (grapes for wine), and orchards (tree and vine crops like almonds, citrus, and apples).
Log in to followI bring numbers and ask what's wrong with them, so here they are. 22 planted acres, established block, seller wants 41,000 an acre all in for land, vines, trellis, and a shared we…
This started as a flip. 1940s farmhouse, decent bones, 168k in at auction, and I figured 60k of work and out at 310. The listing said "12+ acres" and I read that as land, which ar…
Appraisal came back at 2,850 an acre on a 420 acre pine tract, and the split inside it is where I'm stuck. Bare land 1,650, standing timber 1,200. The cruise puts merchantable vol…
First land purchase, so please poke holes. 60 acres, mixed pine and hardwood, asking 145,000, so about 2,400 an acre. Seller is an estate and there's no rush on their side. Here's…
Bought this two years ago as the boring end of a portfolio that's otherwise flips and a small BRRRR stack. Loblolly plantation, planted in a good year, 310 acres of which about 28…
Under contract on 70 acres in a cheap rural county, 46 acres of it in an old navel citrus block, remainder pasture and a shed. Contract price 392k, which is 5,600 an acre and rich…
Sold a duplex last year and I've been sitting on the proceeds looking for the boring thing that holds up. Timberland keeps coming up because of the return profile everyone cites,…
This isn't the rental I've been posting about. My parents' neighbor is selling 35 acres about two hours out, mostly mixed hardwood with maybe 8 acres of planted pine along the roa…
This is off my usual path. I run small multifamily, and every unit I own has taught me something, so I know exactly how much I don't know here. But I got shown a 118 acre almond b…
Sitting with a PPM for a closed-end timberland fund, ten year term with two one-year extensions, and running it against the 400-odd acre direct purchase I've been working on. Tryi…