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Great job with explaining the type of cruise you are doing and the information you are collecting. Keep it simple made perfect sense. I would suggest posting this video on your website.
Thank you! I've applied for a job as an entry level forestry aid. This is great info to introduce me to the idea of what this job entails. subscribed. What an awesome job. I really think I have found my calling.
I was a Cruiser many years,in Oregon. An advanced Cruiser. The measurement of tracts of timber for quality, quantity, and defect. We not only did variable plot and fixed area plot point sampling. But, also 3P and sample tree cruises.
Very interesting video. I own a 160 acre certified tree farm in northern Michigan. I have been learning how to properly manage my forest land by working with the local conservation district Forester. I'm slowly learning and this was a very useful video.
Interesting stuff, I have a 245 acre lot and manage the top 20 acres below my house (that's about as far as I can go anyway while I harvest with an ATV and snowmobile), for firewood, some saw logs I mill with a chainsaw mill and also tap some maples for syrup makin. The lot overall is classified as mixed wood but the 20 acres around my house is predominately hardwood with a hemlock component. I cut primarily beech for firewood and try to release my sugar and red maples, and ash in doing so. There is also a strong population of aspen , some of which are ready to be harvested. There is a market for the beech other than firewood as there buying it for timber mats as I'm told by the logger that lives down the road from me. I personally would not be using herbicides on anything on my property, I know beech gets a bad rap but it is good and should not be overlooked. I looked at your video list and saw one there about beech so I'll have to check that out and will slowly work my way thru more of them as time allows. I could ramble on forever about my woodlot but for now thanks for your channel, and good luck with your new property.
Go find a dendrology class. You can prolly audit the class for free if you don't care about credits. Or a lot of the land Grant institutes, at least easy coast ones, have a dendrology reference on their ag life science colleges website Use those images and descriptions to make flash cards, take them into the woods and test yourself with every tree you can't id. Usually just making the cards is sufficient as you distill the info onto only identifying features
Great video, well explained. Based on these measurements, and your subsequent work, what do you think the return on your investment will be like? Will the timber harvests let you pay the mortgage on the property?
That's a complicated question. First off, its important to be clear I paid in cash. There are certain finance structures that can make that sensible, but for smaller properties and in the current high rate environment, I prefer cash if I can. Second, did the harvest return my investment? No, I only harvested a portion of standing timber on a portion of the property. The important question is whether all the standing timber equals what I paid for the property. That would be a yes. I believe all standing timber actually exceeds what I paid for the property given local markets, the composition and condition of the property, and the fact that I can extract more value by harvesting my own timber. Combined with the bare land value, I actually automatically increased my net worth by purchasing this land. I don't need to get an ROI on the land purchase from the first harvest because I see the land as a bank account itself, slowly growing over time. That's the main benefit of not having a mortgage. There is no financial impetus to harvest NOW, meaning I can manage the land in a way that best benefits me and the forest in the long term. That said, yes, I was able to recover a nice chunk of cash from the first harvest while also improving the future growth and value of the asset itself.
Thank you for your thorough reply! I'm not in a position to buy land yet, but I hope watching your channel will help me improve the forest on some family land and get me in a better position to buy my own down the road. I'll keep your answer in mind when I am in the position to invest in some land.
@@thetimberlandinvestor ahh, I’m in the Passadumkeag area. Going to be doing some wood cutting on my lot. Would love to connect in person some time. Within a few months I will have my saw shop open on route 2.
I clicked the link to your spreadsheet, I think you have a spelling error in the first line in the "understanding the units you are using" section. "In the united states where I (leave)?"
I live in New England and I look at the forests all the time. They are all choked out, like weed patches. They look very unhealthy to me. Lots of skinny trees and dying trees and dead trees, both standing and fallen. On my drive to work there is a stretch of road that is overhung by many dead branches. One fell on my car last year. This is all not good.
Hey there, nice video. I have some work I would like to subcontract you out for that deals with timber cruising and timber marking. If you're interested I would love to chat more via email or phone.
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👇Get my FREE guide to DIY forest Management to learn more about how to manage your property. 👇
thetimberlandinvestor.com/how-to-read-your-forest-an-intro-to-diy-forest-management
Great job with explaining the type of cruise you are doing and the information you are collecting. Keep it simple made perfect sense. I would suggest posting this video on your website.
Thank you! I've applied for a job as an entry level forestry aid. This is great info to introduce me to the idea of what this job entails. subscribed. What an awesome job. I really think I have found my calling.
hope you’re ready to wear a tiny shirt like this guy
Great job, really useful, thank you!
Good information I thank you
I was a Cruiser many years,in Oregon. An advanced Cruiser. The measurement of tracts of timber for quality, quantity, and defect. We not only did variable plot and fixed area plot point sampling. But, also 3P and sample tree cruises.
Thank you for uploading this
Very interesting video. I own a 160 acre certified tree farm in northern Michigan. I have been learning how to properly manage my forest land by working with the local conservation district Forester. I'm slowly learning and this was a very useful video.
Interesting stuff, I have a 245 acre lot and manage the top 20 acres below my house (that's about as far as I can go anyway while I harvest with an ATV and snowmobile), for firewood, some saw logs I mill with a chainsaw mill and also tap some maples for syrup makin. The lot overall is classified as mixed wood but the 20 acres around my house is predominately hardwood with a hemlock component. I cut primarily beech for firewood and try to release my sugar and red maples, and ash in doing so. There is also a strong population of aspen , some of which are ready to be harvested. There is a market for the beech other than firewood as there buying it for timber mats as I'm told by the logger that lives down the road from me. I personally would not be using herbicides on anything on my property, I know beech gets a bad rap but it is good and should not be overlooked. I looked at your video list and saw one there about beech so I'll have to check that out and will slowly work my way thru more of them as time allows. I could ramble on forever about my woodlot but for now thanks for your channel, and good luck with your new property.
Very informative! Can you provide a resource (maybe even a video) that would help with identifying tree species?
Go find a dendrology class. You can prolly audit the class for free if you don't care about credits. Or a lot of the land Grant institutes, at least easy coast ones, have a dendrology reference on their ag life science colleges website
Use those images and descriptions to make flash cards, take them into the woods and test yourself with every tree you can't id. Usually just making the cards is sufficient as you distill the info onto only identifying features
Great video, well explained. Based on these measurements, and your subsequent work, what do you think the return on your investment will be like? Will the timber harvests let you pay the mortgage on the property?
That's a complicated question. First off, its important to be clear I paid in cash. There are certain finance structures that can make that sensible, but for smaller properties and in the current high rate environment, I prefer cash if I can.
Second, did the harvest return my investment? No, I only harvested a portion of standing timber on a portion of the property. The important question is whether all the standing timber equals what I paid for the property. That would be a yes. I believe all standing timber actually exceeds what I paid for the property given local markets, the composition and condition of the property, and the fact that I can extract more value by harvesting my own timber.
Combined with the bare land value, I actually automatically increased my net worth by purchasing this land. I don't need to get an ROI on the land purchase from the first harvest because I see the land as a bank account itself, slowly growing over time. That's the main benefit of not having a mortgage. There is no financial impetus to harvest NOW, meaning I can manage the land in a way that best benefits me and the forest in the long term.
That said, yes, I was able to recover a nice chunk of cash from the first harvest while also improving the future growth and value of the asset itself.
Thank you for your thorough reply! I'm not in a position to buy land yet, but I hope watching your channel will help me improve the forest on some family land and get me in a better position to buy my own down the road. I'll keep your answer in mind when I am in the position to invest in some land.
Are you a forestry consultant? I just bought 5 acres in Oxford county and need it evaluated by a consultant.
I was looking at property in the Kennebec County area do you know anybody in that area that could help me find a piece of land to harvest or whatever?
I have 40 acres in Maine. Where are you located?
Up north in Island Falls
@@thetimberlandinvestor ahh, I’m in the Passadumkeag area. Going to be doing some wood cutting on my lot. Would love to connect in person some time. Within a few months I will have my saw shop open on route 2.
I clicked the link to your spreadsheet, I think you have a spelling error in the first line in the "understanding the units you are using" section. "In the united states where I (leave)?"
7 acres will yield how much firewood a year ?
On average in the US, you can sustainably cut .6 cords per acre per year, so 7 acre would produce about 4.2 cords a year.
@@thetimberlandinvestor Yep, i'm slowly depleting my 5 acres using 4 cords a year, i've noticed.
greit video, how can I contact you for a personal consulting?
I live in New England and I look at the forests all the time. They are all choked out, like weed patches. They look very unhealthy to me. Lots of skinny trees and dying trees and dead trees, both standing and fallen. On my drive to work there is a stretch of road that is overhung by many dead branches. One fell on my car last year. This is all not good.
as soon as I heard herbicide I was out
To each their own
Hey there, nice video. I have some work I would like to subcontract you out for that deals with timber cruising and timber marking. If you're interested I would love to chat more via email or phone.