Maximizing Your Timber Investment
For a timber owner, the decision to harvest is frequently a function of timing and often catalyzed by factors such as the economy, age of the timber, log markets, leverage and, on occasion, naturally occurring events such as infestation, drought, or fire. There are undoubtedly many more factors not mentioned here that would impact a timber owner’s decision to harvest. For purposes of this article, the information below assumes the timber owner is also the landowner. There are cases where the timber owner is not the landowner, but the decision process for harvesting is driven by all the same factors
Connect with Troy Dana
Troy has enjoyed thirty years of selling land in Washington State and the Pacific Northwest. He is the former President/CEO of Hodges Gilliam & Dana and now leads Washington and Alaska for Fay Ranches. Troy is also a Board Member of the Fay Ranches Community Foundation. Prior to embarking on his real estate career, Troy was a USCG Licensed captain of tug boats operating on the Yukon River and coastal Alaska from the Arctic Ocean to Prince William Sound.
How to Grow Sustainable Profit Through Analyzing Ranch Performance
In late August 2021, as the world settled into the bottom half of the Covid pandemic, the sale of a 1952 Topps Mickey Mantle baseball card in near-perfect condition grabbed headlines when it sold for a staggering $12,600,000.00, making it the largest amount ever paid for a piece of sports memorabilia. In my last article, […]
How to Build Wealth by Renovating and Upgrading Ranches
Renovating residential homes has been a hot topic for many years. Television has promoted the process of upgrading real estate through multiple shows across several networks. However, did you know upgrading and renovating farm and ranch properties has also become popular? The rising price of agricultural land has made it difficult for the average producer […]
