Not Thinning Timber Can Cost You Money

By Jim Griffith Just because your money is in a bank doesn’t mean it is realizing its full earning potential. If your money isn’t in the right type of account, your money could even be dwindling away without you realizing it. One of my children had a savings account for which the bank charged a … Read more…

Marketing Timber Your Own Way Could Cost You

By Jim Griffith A landowner in the process of selling his timber was recently given my name with instructions to call me. My name was passed on to this person to help him navigate the harvest and sell of his timber and to help him get the highest return for his trees. You see that … Read more…

Hardwood Timber Prices

By Jim Griffith Everyone remembers the 1998 hardwood timber market when prices went through the roof. The really unique thing about that market was prices for all timber products skyrocketed at the same time. It was an extraordinary market that resulted from numerous circumstances occurring simultaneously. The economy was good, building was booming and paper-packaging … Read more…

What Do I Do With This Timber Property?

By Jim Griffith Many timber owners value their timberland and enjoy hunting or hiking on the property as they wait for their living investment to reach its maximum potential. For many landowners, visiting their timber property is a get-a-way from their main business, which is often unrelated to forestry, and allowed them to purchase the … Read more…

Don’t Postpone The Sale of Mature Timber

By Jim Griffith I recently sold a sizable tract of old-growth longleaf pine. In the timber business there is nothing like mature longleaf pine trees. These are the majestic pines people associate with Georgia, and the tract we sold was as good as it gets – that is, before pine beetles made their attack on … Read more…

Markets set prices, not sellers

By Jim Griffith Communities across this country are experiencing the negative effects of the real estate bubble bursting. The housing markets in these areas are expressing unprecedented price drops. I was recently told that a friend’s neighbor sold his house for $60,000 less than the appraised value of a year ago. No matter how much … Read more…

Forestry expert recommends using forestry consultants

By Jim Griffith In past columns I’ve advocated that timber owners enlist the help of a registered forester to sell their timber. Some readers might say I only advocate this because I am trying to sell my own services. While offering the advice might bring some business to the GFB Forestry Company, the recommendation of … Read more…

Professional foresters maximize timber investments

By Jim Griffith Registered Forester #1616 I continually have to remind landowners that timber is an investment. It is an asset in which your money is tied up. You bought it and are paying interest on it or either it is earning you interest. It is an investment just like a share of stock. Stock … Read more…

It pays to get multiple timber bids

By Jim Griffith Registered Forester #1616 I recently learned the hard way that you can’t secure the highest possible bid for your timber by knowing what your timber is worth nor by contacting a timber buyer known for paying good prices. I was selling timber for a landowner who had a 10-acre stand of pine … Read more…