Investing in land in Minnesota

[Erik Sherburne]

Hey all-

I’m looking to purchase land in Minnesota for now primarily to plant a bunch of trees to offset my carbon footprint. But, as an investor, I also am open to renting it to hunters, or forest mgmt / replacement programs.

Long term I will continue to plant trees but also maybe one day build a cabin.

Any tips on land investments? Finding them? Renting them? Financing them?

Thanks in advance!!

[Dan Vleck]

Plan to pay 25 to 30% down and from my experience you could expect a return of about 6% over many years with timber harvests. It’s not a very good investment. 
Also, although altruistic sounding, having land with a cabin is NOT reducing your carbon footprint. Very liberal, though, to talk the talk and then build your second home.