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Updated almost 7 years ago on . Most recent reply
Raw Land -> Timber, Hunting, Oil, and Natural Gas?
This is the topic that first got me interested in Real Estate. I was planning on buying raw land, and it seemed like you could make a killing by layering over several different uses, including leasing hunting rights and pumping oil and natural gas, or timbering the land.
When I crunched the numbers, they always seemed to work out. My questions are:
1. I know lots of people do this stuff, am I missing where raw land development and cashflow generation methods are discussed on biggerpockets? I don't see any place where this stuff is referenced.
2. Devoid of number 1, does anyone else do this strategy? Any good resources on getting started here?
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I can't talk about our funding on an open forum. I will say that O&G and solar don't have a lot in common. Two completely different businesses with different regulatory hurdles, etc. While solar is a multi-billion dollar growth business in NC, it is hardly a new market business. There are plenty of NC banks providing loans for utility scale projects. As one bank's renewable energy lending branch says, 'Our banking team understands your business.'
Just an FYI, here is a good background on the and how it relates to land/Ag use, and below is an interesting screen shot graphic from the from a few years back