At harvest time.  60 trees per acre.  

I’m a fan of harvesting the equity to buy more and more cash flowing properties with zero out of pocket cash for down payments.

Oh the pink and beige house with the tall concrete fence?").

It's hard to harvest equity on these plays, unless you commit, long-term, towards very light leverage, as the only practical ways to benefit from the equity in your portfolio, if you plan to never sell it, only exchange it, for a lifetime, are to spend the cash flow, or cash out refi.

The overall value of the land and potential subdivision and the harvested lumber will be 10 times the original cost.  

But, if the $100k is coming in from a $3,000 acre from which has already been harvested $20,000 in TDR credits, that's not a bad ROI. 

I bought 14 houses basically for free by harvesting the equity in my houses by doing 5 cash out refis.

Because it allows you to "harvest" the accumulated gain or loss for tax purposes while still holding the investment.

(You should see pink antifreeze in the toilet bowl and tank)

Because it allows you to "harvest" the accumulated gain or loss for tax purposes while still holding the investment.