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re: Lumber prices are through the roof!!!
Posted on 2/26/21 at 5:55 pm to TigerOnTheMountain
Posted on 2/26/21 at 5:55 pm to TigerOnTheMountain
quote:
I’ve not really explored any options because I know prices are so low. Occasionally I’ll let a contractor buddy cut a tree or two for a build, but that’s it.
All of the sawmills are more than happy to take your 14" oak trees for .25 a BF. Wait 10 years and your BF will go up 50% and the price will be up similarly. There is no reason to let your asset go right now.
This is a *wait and see* time. Zero risk to you.
2
Posted on 2/26/21 at 6:07 pm to stickly
To be honest with you, I don’t know a whole lot about the industry, so I appreciate the insight.
We bought the land initially to build our forever home on and create a sort of hybrid homestead. We found a better opportunity that didn’t require us to start from scratch, so now we just watch the trees grow and camp up there.
We bought the land initially to build our forever home on and create a sort of hybrid homestead. We found a better opportunity that didn’t require us to start from scratch, so now we just watch the trees grow and camp up there.
Posted on 2/27/21 at 6:45 am to stickly
Can't buy in on zero risk. I can show you thousands of BF of veneer grade oak lying on the ground via Hurricane Zeta. Add in the long term risk from heart rot as well.
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