People who own private forests sometimes struggle to manage those forests and make money out of them. However, having so much real estate can be a huge money-making opportunity. You just need some creativity and hard work on your behalf. Here are some businesses you can do with your private forest:
Start a Camping Spot
People are always looking for great camping spots in the forest and you can use this opportunity to start your own forest camps. You can rent out spaces where people can park their cars and set up tents to stay and enjoy natural surroundings. With the money you make, you can hire some security and maintenance for the camping grounds. Many people make a lot of money this way.
Warehousing Facilities
Many big companies are looking for cheap storage places. If your private forest is accessible by road, you can consider giving your land for warehousing and storage needs. Companies will house their materials here and even maintain the warehouse. All you are doing is leasing out your land, and getting money for it.
Carbon Sequestration
Companies are looking to buy carbon credits to offset their carbon emissions. Your forest can help them gain these carbon credits. All you have to do is keep the trees and forests growing for the carbon credits and companies will pay you. This method is new though and will take time to catch on.
There is one important expense you need to make is get good private native forest plans. This will further help you understand the value of your forest and land.