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Updated over 5 years ago on .

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Coal Mining company property

Posted

I'm sorry if this is in the wrong category...I'm completely new at this site and also new to real estate investing in general.

I've often wondered: There's so much property owned by coal companies. I've been thinking surely after years of mining the coal mining becomes no longer profitable and they need to sell the land. Maybe it could become good recreation land with a little work. When do coal mining companies sell their property and how do they sell it? And is it usually a decent price? Other questions I should be asking?