Land ownership means owning more than “just land”; it means owning a “bundle” of rights associated with a particular property. In this economic climate many people are considering making an investment in rural land or are looking for ways to justify purchasing a recreational tract.

I always recommend having an exit strategy when buying land in the event that you need to sell your property in the future. It is also wise to evaluate what potential sources of income your prospective purchase can generate. If you were to split off pieces of your ownership bundle and lease or sell them, you could generate income and help with the carrying costs associated with your land. Here are some ideas about the pieces of your bundle of rights that can be sold or leased.

1. Hunting rights- Big game, deer, turkeys, dove, squirrel, you name it, someone hunts it. In Alabama owners are leasing their land to hunters for $6 to $17 per acre.

2. Timber- Timber can be thinned, harvested, or leased. One great thing about a timber investment is that it has the potential to generate some income with some frequency depending on the site index, species, and age of timber.

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Why Alabama Land?    

     With the lowest land taxes in the country, high timber and crop productivity, abundant fish and game, abundant streams, rivers, lakes, ponds and pond sites, beautiful scenery and low prices compared to the rest of the country; Alabama land has been and will continue to be a sound, growing investment.

     Whether you’re into mountain views or secluded low country, towering hemlocks or moss draped live oaks, a profitable pine plantation or a slow growing long leaf pine preserve, a whitewater creek or a mighty slow moving river, caves or swamps, canyons or flat blackbelt plain, golden sunsets or gold panning, cattle land or cotton land, deer hunting or wildlife photography; Alabama has all of this to offer and more.

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