Want to mill own lumber. Would like input. New to it.

unclemoustache

unclemoustache

My 'stache is bigger than yours.
Joined
Jan 22, 2009
Messages
22,614
Location
S. Il. near St. Louis
People really spend 10-25k or more to mill lumber!? What kinda money do you make from this?


No, they spend a heck of a lot more than that! I spent 10K on the mill, but that's a cheap one. You can easily spend 70K or more for a good one.

I also spent another 8K on a lot of stuff that goes with it - phase converter, heavy -duty trailer, i-beam and chain hoist to help move the logs, log turners, and steel for making various tools (prybars, log hooks, etc). Then you need a tractor or skid steer to move the logs around, but my buddy who owns the property has one I can use anytime.

So far I've made a couple hundred bucks, but I haven't advertised my services yet as I'm still learning the ropes, and I haven't advertised any slabs or lumber yet, for they are all still drying.

But I've saved myself at least $1,000 so far by using my own milled lumber for projects. So, say $1,500 in profit/savings. Not bad for 6 months and not even open for business yet. Suppose we double that for the year to $3k, and then double that (at least) for actually being open for business, and I just might pay for it all in a few years.

But I don't really expect to get my money back, for this is something I really enjoy doing, and I wanted to have real property on hand instead of cash in the bank. I believe hyper-inflation is just around the corner, and cash is going to be worthless. Better to invest in real property and tangible goods.
 
foeke

foeke

ArboristSite Operative
Joined
Jun 23, 2015
Messages
450
Location
DE
@unclemoustache Sounds like we are in the same boat. I am now building a wooden garden house with sauna from my own milled lumber. Only that will already pay for the about 10k we invested (in my mind, because I know I actually should not ignore my time as a currency).
 
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