I have a 10 acre wooded lot. It was last logged 100 years ago, and the trees I have now, are prime for harvesting. I was approached, he contacted me, by a state educated Forester who did a rough walk around with me and said there's about $65,000 worth of lumber here. Main species are Red Oak, Poplar, and Beech. I can pay him to do a tree survey for $400 where he will identify and mark trees that are harvestable. That will become a firm quote at that point. No money up front, he handles the permits, crew, selling of the timber.
I am looking to build a home in the next 1-2 years there. I have it engineered out, and he said he can cut in the driveway, and clear the area around where the house will go. That's going to save me at least $20,000. The $65k is with his 10% cut taken out.
Has anybody done this? Do you have any advice or pointers I should look out for? How was your experience with the process?
Thanks!
I am looking to build a home in the next 1-2 years there. I have it engineered out, and he said he can cut in the driveway, and clear the area around where the house will go. That's going to save me at least $20,000. The $65k is with his 10% cut taken out.
Has anybody done this? Do you have any advice or pointers I should look out for? How was your experience with the process?
Thanks!
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