Heck no!
Pfffffftttttt.
Heck no!
I saw those cable loader deals on the discovery show...they look like a good way to get maimed or worse.
Assuming you have the aptitude for the work, and a good work ethic..
You want to go out on your own, it takes MONEY. Build credit. Buy a cheap truck, like $4k or less, pay it off with no late payments. Take out a credit card, secure it with a bank cd if you need to. PAY IT OFF IN FULL EVERY MONTH.
While you make these payments, seek out and make written contracts for several good sized timber lots. Find GOOD WOOD, do NOT sign up low dollar stuff. Buy it right, put it in writing. Make sure you put it in the contract that the landowner will pay you $1500 in cash to break the contract before you have been able to make $3000 in profit from the job. This will keep them from dropping you before you get there.
When you have made regular on-time payments to the cc for 18 months, and the truck loan is paid off in the same time frame....then approach the same bank about an equipment loan.
Buy a $10K machine, and 2 new saws.
Give it a go with your father. At the very least you will learn a little about logging and test the waters to see if that is the career path you want to follow.
My dad and I have been logging together for about eight years and things have worked out good for the both of us. We started out with a $6,000 Franklin cable skidder and 3 wore out Husqvarnas. Eight years and nine machines later our current set up is a Timbco buncher, 2 Franklin grapple skidders, and a Cat dozer, mostly paid for and still just the two of us.
My advice is if you acquire the experience necessary and decide to adventure out on your own, don't be afraid to have a few payments on nicer equipment if you have plenty of work. If you spend all of your time fixing junk equipment you aren't putting wood on the landing. Good luck and stay safe.
Ya know the more and more funky laws that the Peoples Republic of California passes, the more I wonder why sane and logical people still live there?
I saw those cable loader deals on the discovery show...they look like a good way to get maimed or worse.
Assuming you have the aptitude for the work, and a good work ethic..
You want to go out on your own, it takes MONEY. Build credit. Buy a cheap truck, like $4k or less, pay it off with no late payments. Take out a credit card, secure it with a bank cd if you need to. PAY IT OFF IN FULL EVERY MONTH.
While you make these payments, seek out and make written contracts for several good sized timber lots. Find GOOD WOOD, do NOT sign up low dollar stuff. Buy it right, put it in writing. Make sure you put it in the contract that the landowner will pay you $1500 in cash to break the contract before you have been able to make $3000 in profit from the job. This will keep them from dropping you before you get there.
When you have made regular on-time payments to the cc for 18 months, and the truck loan is paid off in the same time frame....then approach the same bank about an equipment loan.
Buy a $10K machine, and 2 new saws.
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