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All Forum Posts by: Courtney Buck

Courtney Buck has started 11 posts and replied 62 times.

Post: Creating annual cash flow from longleaf pines and the land

Courtney BuckPosted
  • Investor
  • Alpharetta GA and Destin, FL
  • Posts 68
  • Votes 55
Quote from @Bruce Lynn:

I don't think beekeepers can pay much.....most seem to do it as a hobby...probably not even really a side business from what I know...but that aint much.

I don't know if your state has an ag extension service, but a couple of people you might want to meet if they are in your area are the extension agent...and maybe an ag lender or two.  They might have suggestions on highest and best use of the property.  Maybe your USDA person will know too.  Ask them who you should talk to...might also talk to a game warden if one is assigned to your county.

Some people are renting out space on  AirBnB type sites for camping....so not sure if you could set up some camping sites there or not or RV sites, but that might generate some income....I'm not into that kind of thing so sorry I don't know the names of these websites...but someone here will know.   Of course some of that comes with headaches...trash, fires, destroying your trees.

Sounds like a fun buy....congrats.


 Yeah man, I'm excited. There is a USDA office in Mobile and they should be able to help. 

I've noticed that too. Beekeeping is more of a hobby

Post: Creating annual cash flow from longleaf pines and the land

Courtney BuckPosted
  • Investor
  • Alpharetta GA and Destin, FL
  • Posts 68
  • Votes 55
Quote from @Account Closed:
Quote from @Courtney Buck:

Hello there,

I'm closing on 114 acres of timberland in Baldwin County, Alabama soon and I'm buying at a steep discount for the surface value. The land has been unmanaged and I plan on planting longleaf pine trees once I meet with the USDA on government programs. I understand the trees can be thinned after so many years and final cut roughly at 30-45 years which will result in income. So will pine straw harvesting after 8(ish). 

However, I would love to figure out how to cash flow annually from the beginning. Hunting leases do not create much money per year. I've thought about a billboard next to the road and also leasing the land to beekeepers as well. Any ideas would be great!

Courtney Buck


 Build a monthly storage facility, open a mobile home park, start an RV Park, build a strip mall 

 @Account Closed I have definitely thought about a storage facility. This county is the fastest-growing county in Alabama. They just announced a 2.5 billion dollar aluminum plant just a few miles away that will create 1,000 jobs. So the area will grow significantly.

Post: Creating annual cash flow from longleaf pines and the land

Courtney BuckPosted
  • Investor
  • Alpharetta GA and Destin, FL
  • Posts 68
  • Votes 55

Hello there,

I'm closing on 114 acres of timberland in Baldwin County, Alabama soon and I'm buying at a steep discount for the surface value. The land has been unmanaged and I plan on planting longleaf pine trees once I meet with the USDA on government programs. I understand the trees can be thinned after so many years and final cut roughly at 30-45 years which will result in income. So will pine straw harvesting after 8(ish). 

However, I would love to figure out how to cash flow annually from the beginning. Hunting leases do not create much money per year. I've thought about a billboard next to the road and also leasing the land to beekeepers as well. Any ideas would be great!

Courtney Buck

Post: Multifamily in Dothan, AL

Courtney BuckPosted
  • Investor
  • Alpharetta GA and Destin, FL
  • Posts 68
  • Votes 55

Hi Saket,

I actually invest in Dothan. It's just north of where we live. I own 2 rental houses and helping purchase an MF property in Dothan. I can jump on a quick call if you like. 

Thanks!

Courtney Buck

Post: Southeast Alabama Flipping?

Courtney BuckPosted
  • Investor
  • Alpharetta GA and Destin, FL
  • Posts 68
  • Votes 55

@Matt "Roar" Gardner Hi Matt, is you group meeting up in person? I just saw the online virtual events, thanks!

Post: Destin STR options for 1031 exchange

Courtney BuckPosted
  • Investor
  • Alpharetta GA and Destin, FL
  • Posts 68
  • Votes 55

@Avery Carl completely agree with west end 30A. We just built a house in Dune Allen and we moved the family from Atlanta this summer to live here.

Post: Southeast Alabama Flipping?

Courtney BuckPosted
  • Investor
  • Alpharetta GA and Destin, FL
  • Posts 68
  • Votes 55

@Matt "Roar" Gardner hey man! That’s right, I need to come check out your meetup now that we’re settled in! Have a good one!

Post: Southeast Alabama Flipping?

Courtney BuckPosted
  • Investor
  • Alpharetta GA and Destin, FL
  • Posts 68
  • Votes 55

Hey everyone! I was wholesaling in Atlanta (Cherokee and Forsyth Co) for the last 2 years and then our entire family moved to Destin, FL (30A to be specific). I wanted to start wholesaling in South Alabama but I was not aware of the thirst for wholesale properties in that part of the state. Is there flipping or buy and hold activity occurring in that area? Thanks!

Post: Sprinting a Marathon: Overseas REI from 4-22 units in 15 months

Courtney BuckPosted
  • Investor
  • Alpharetta GA and Destin, FL
  • Posts 68
  • Votes 55

@Christopher G. Having a digital copy of all my files has been so important to me! It's nice knowing I can access all my files from anywhere in the world!

Post: The Top 5 Mistakes to Avoid When Raising Capital for Syndication

Courtney BuckPosted
  • Investor
  • Alpharetta GA and Destin, FL
  • Posts 68
  • Votes 55

I'm in the middle of #4 for sure. I need to be better at automating my content and automation process. When I dive into a deal other areas of the company...my private fundraising slow down considerably, then I'm playing catch up!