Woodlot purchase and profitability
Advice on purchasing land for timber. April 20, 2001
Can anyone give advice on buying a wood lot and cutting the timber from it, as a part-time business venture?
I have clients who buy land and all for less than the value of the standing timber. They then log and mill the timber.
The trick is to know what you have standing before you go into the transaction. That means either you should learn how to cruise timber, or find a reputable forester that can. There will be a fee involved.
If you log it yourself, you will have to incur the costs of buying logging equipment, and hire trucking, at a minimum. You could subcontract the logging.
Milling costs will also have to be shouldered by you. Then you get into marketing. The learning curve can be pretty steep in all of these cases. Idle equipment can get to be very costly.
In any business venture, find the market first, before worrying about the resource. Then locate the resource for the market.
Would you like to add information to this article?
Interested in writing or submitting an article?
Have a question about this article?
Have you reviewed the related Knowledge Base areas below?
KnowledgeBase: Primary Processing
KnowledgeBase: Primary Processing: Lumber Grading
KnowledgeBase: Primary Processing: Woodlot Management
KnowledgeBase: Knowledge Base
All rights reserved. No part of this publication may be reproduced in
any manner without permission of the Editor.
Review WOODWEB's Copyright Policy.
The editors, writers, and staff at WOODWEB try to promote safe practices.
What is safe for one woodworker under certain conditions may not be safe
for others in different circumstances. Readers should undertake the use
of materials and methods discussed at WOODWEB after considerate evaluation,
and at their own risk.
335 Bedell Road
Montrose, PA 18801
Copyright © 1996-2018 - WOODWEB ® Inc.