You as a forest farmer can usually realize income from your timber investment in two ways. You can rent timberland for nontimber uses (usually hunting) , or you can lease or sell your interest in the timber. In most cases, greater returns result from selling timber outright.
Watson, William F.; Bullard, Steven H.; and Straka, Thomas J., "It pays to know how your timber will be valued" (1986). Faculty Publications. 97.