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TheHud

Heliman

Ellsworth, ME - USA

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Quick advice needed...we own a little over 10 acres of land, mostly wooded, but a lot of that is very young wood, not valuable. We were looking into getting some of it cleared. A logging company is agreeing to create a 1.4 acre field, and pull usable wood from a few more acres and we "break even". Don't make any money from the logging company, but the cleared field doesn't cost us anything. Good deal?

Gun control is like fighting drunk driving by making it harder for sober people to buy cars.

08-26-2016 03:20 PM
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Brokenlink

Elite Veteran

Oakdale,Ca.

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He will work it in his favor,he will make money off the wood he gets,otherwise he wouldn't spend the time on man hours or equipment.If you are not in a rush,maybe sell the wood( he has to cut) to another company and while they are at it as how much to clear what you need or vice Versace,try to swing it in your favor if you can,he is in the wood business and you have wood,say lets do some trading.

Experience is a hard teacher,because she gives the test first,then the lesson afterwards

08-28-2016 09:27 PM
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Jerry K

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Houston Area

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Versace,try to swing it in your favor if you can,he is in the wood business and you have wood,say lets do some trading.
That is exactly what he did! It doesn't appear as though there is a lot of money involved here due to the size quoted. You may want to agree how much additional wood they are referring to but it sounds like a win-win situation.

He is in the wood business you are not. It sounds like he will get a better price for the wood making it go in his direction if you try to sell the wood not being in the business you are just going to make someone else some money, because you are not in the business.

Go for it Time is money in most instances!

Avoid the 'default' settings in life, Fat Dumb and Poor!!!

08-28-2016 10:20 PM
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Brokenlink

Elite Veteran

Oakdale,Ca.

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Sounds like you are looking at is ass backwards,he has wood,other man in wood business wants it,time to deal,right?

Experience is a hard teacher,because she gives the test first,then the lesson afterwards

08-28-2016 11:18 PM
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Heli_Splatter

Key Veteran

Silver Spring, MD by way of Sidney, Ne - USA

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So.. is he only game in town. Call another logger. Maybe he will offer a better deal. Competition always gets a better offer, and you will know what a fair deal is.

08-29-2016 12:27 PM
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TheHud

Heliman

Ellsworth, ME - USA

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The company is a local, well established, large operation with a good reputation. We have had a few operations come out over the past few years to look at our 10 acres, all have said that with cost of getting equipment out here, that creating the field would cost more than the wood they could take. This company has been working the 50 acre lot next door for the past 2 weeks. I figured since the equipment is already here, might be worth it. They will create the field, and want to pull 100 cord of wood from my land in trade. Most of the wood is youngish poplar, with some young oak and maple mixed in.

Gun control is like fighting drunk driving by making it harder for sober people to buy cars.

08-29-2016 01:54 PM
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Jerry K

Key Veteran

Houston Area

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I stand by my post, GO FOR IT (from afar)

Avoid the 'default' settings in life, Fat Dumb and Poor!!!

08-29-2016 03:24 PM
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ant_mb

Elite Veteran

Delran NJ

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Seems to me that last post answers your question. If no one else wants to do it, and this guy will do it for a wash what do you have to lose.

Thanks
Anthony

08-29-2016 04:18 PM
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NRoof

Senior Heliman

Palmyra, NY

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Make sure you have everything in writing and be present when they pick trees from the extra couple of acres. If you don't you could end up with a 3.4 acre field.

It's hard to actually answer your initial question being that you don't tell us what type of usable wood they will take and how much.

My recommendation would be to hire a land management professional to survey the property and let you know what it would be worth. It may cost you a few hundred but it would probably be worth it. On the other hand it you are in a time crunch to get the work done it may not be a bad deal.

The flip side to this is if you heat with wood it could actually cost you money in lost firewood.

08-29-2016 07:41 PM
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dkshema

rrMaster

Cedar Rapids, IA

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You are "creating a field."

Does that mean in addition to the trees, the stumps will also be removed and the holes filled and leveled?

You appear to be getting what you want, at essentially zero cost.

Why is that bad?

The alternative seems to be you clear it yourself. That seems a time and labor intensive effort, and you may or may not be able to sell what you clear in a reasonable amount of time at a profit|. It is unlikely that doing the job yourself will be more efficient than hiring some one with the right tools and manpower to do the job.

My guess is that when you bought the property, you weren't buying it to corner the market on wood.

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Dave

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08-30-2016 01:23 PM
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