Personally, I would rather own 80 acres or more of land
where recreational opportunities abound, manage Michigan
Northern Hardwoods or applachian central hardwoods and get a
slightly smaller APR, yet possess the equity and future real
estate value of the land as an estate. Correctly managed
temperate forestland is an attractive feature for someone
who wants more financial interests than just a simple APR,
and try borrowing against land you don't own!
Geoff Kegerreis
Timberline Forestry Consulting LLC
www.timberlineforestry.com