New to BP; Investing in Southwest Virginia

[Carl Moore]

Good Day All,

I am new to Bigger Pockets but not new to Real Estate. For I had my Virginia Real Estate Agent license a few years back. Worked for a mainline broker for 9 months in Northern Virginia, mostly doing open houses but no sales. Had another offer for work and took it; got to travel throughout the United States and Canada performing photometric inspection of airfield lighting equipment at airports.

Now that that work has finished, I am back looking at real estate again, but looking at investing in 50+ acres properties in Southwestern Virginia and West Virginia. In looking around, I noticed that most of these properties have an abundance of timber, so I am looking for advice and guidance on how to value these properties prior to proceeding with a purchase and the harvesting of the timber.

Recently talked to some Forestry Management Consultants, so I have a general understanding on how a timber sale works, but still not sure about how to value the land, or what to do with the land after. Do I hold it for regrowth, divide and make some improvements, sell as-is ...

The end goal is to accumulate enough property holdings (or one large track) that could provide an income though harvesting of timber each year.

So, this is a little about me and what I am looking at doing in REI. I look forward to meeting many of the different people involved in REI on Bigger Pockets. I will try to post questions in the correct forms, but here for now, let me say "Thank You" in advance for your help in listening to my request for information, and the advice you provide.

Be Safe,

Carl  "C" Moore

Real Estate Investor in Southwestern Virginia