Hello all, question for you. I have a good friend and neighbor who has about 80 acres across the street, about 40 of which are woods. He had a logger come out to his place the other day and we walked the property. It is a decent bit of land, but most of his trees are a mix of pin oak and soft maple with a bit of everything else thrown in. He pretty much knew before we went out that there wasn't a fortune to be made back there but is wanting to do something with it. After/during the walk the logger pretty much let him know what he thought of the property. That it was about 1 to 2 ratio of decent mill stuff to "wood"(as he called it) trucks. Basically the majority would be pulled out and turned into firewood or chips or some other low priced commodity. which he would pay $3 a ton for. The rest he would go halfs on the profit for the milled lumber.
My friend is an older man, doesn't really have access to tech. like this forum so I was hoping to get some insight for him. Do any of you have experience like this? Is this a fair price? My thinking is even going into it with a very open mind. Each truck that pulls out with a "wood" load is really only making you $75-85. That doesn't really seem like a whole hell of a lot, for the volume its taking out. I know there isn't alot of money in the firewood business, but you could split up your' own wood and make alot more money then that, and not have logging equipment on your property.
Thanks in advance everyone.
My friend is an older man, doesn't really have access to tech. like this forum so I was hoping to get some insight for him. Do any of you have experience like this? Is this a fair price? My thinking is even going into it with a very open mind. Each truck that pulls out with a "wood" load is really only making you $75-85. That doesn't really seem like a whole hell of a lot, for the volume its taking out. I know there isn't alot of money in the firewood business, but you could split up your' own wood and make alot more money then that, and not have logging equipment on your property.
Thanks in advance everyone.