/biz/ - Business & Finance

>>53046906
>>53047452
My dad bought some rural land in the 90s that falls into the category of timber/hunting/recreational land. He got around 100 acres for $367 an acre. He had about 2/3 of it timbered around 2010 and got around $35,000 for the trees. The land would now sell for $4,500 an acre, so the original purchase of about $37k is worth around $450k. Not bad, and it can be timbered again in about 10 years.