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Makin Money with a SAWMILL | First year actual profits LT50 | Sawmill Business

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Description Makin Money with a SAWMILL | First year actual profits LT50 | Sawmill Business

Comments Makin Money with a SAWMILL | First year actual profits LT50 | Sawmill Business

Hope your rate has come up since this to match your skills well done Comment from : @deerman171

Thank you for sharing! Comment from : @TheTruthteller9147

subscribed and liked your video because this content is unique and realistic :) Comment from : @sinukuanwoodworks

Thank you for providing actual numbers Good luck with your business Comment from : @erikjames69

I just want to pay for the mill I bought for 7k so this is helpful and hopeful Thanks! Comment from : @CrossroadToCountry

Your payments for the machine are not expenses Comment from : @marlonmoore5000

Is that soft lumber sale or hardwood sale or both? Comment from : @jesus11063

Does that number include the cost of the logs? Comment from : @jesus11063

Interesting video! Thanks for posting! :) Comment from : @KingBobCat

Are you just taking the mill to customer sites and sawing their logs? What are you using to load the logs? Just bought a Woodlander 126 for our own use but might do some side work Thanks, informative video Comment from : @ratbagley

You frequently mention what sounds like “Savannah” Are you in Savannah, Ga? Comment from : @mikemcafee5082

Im in the cabinet business and walnut is like $7 a bf maple is almost 4 20 cents seems extremely low to me Comment from : @danjones4002

Good job and Good Luck Brother Comment from : @jefferydupont5827

Charley first I for one thank you for your honest information After reading through the comments it seems that a lot of questions were answered in the video, so I watched it twice before writing this Great video with a ton of information Every trip to a customer's place to look at the job and the stop at Burger King for lunch could be recorded as expenses too but that's not what the video is about Great job!! Comment from : @boomer5030

Are those number with you buying the logs,going to customers or sawing your own logs from your property? Comment from : @ericwagoner9149

Thank you for for honesty and braverybrYoure helping people more than you think Comment from : @zhilaxfow7888

Can you show us how paper is made from wood? Comment from : @visitacionlucero3516

What for sharpener did you buy? Comment from : @darrengarlough5121

Awesome to h ear real numbers! I bought a woodmizer LT15 Yes everything is manual, but bought it for my own use, on my own homestead, with the thought that occasional weekend work with it will help offset any residual cost of the mill Not looking to make it a full time gig, as I work full time already as a well driller But I'd love to do it full time, if the market is there So good to see numbers of what an efficient machine is making, and can adjust my slow by hand machine price accordingly In other words, looks like I'll be kicking my per hr rate down to about $35-40 per hour But also, other than blades, nothing to really go wrong, or replace either, due to lack of doo dads and everything being manual So, evens out a bit Great video brother!brCan you believe I spent my first 2-3 years milling with an Alaskan chainsaw mill! LOL F$#& that thing! LOLbr youtube/2iG_fij2iIo Comment from : @helmighomestead2976

Thanks a lot for your honesty, the numbers match my first year Comment from : @NLV03796

Have you considered a "share concept" (30 you keep/70 customer keeps)? That might raise your profit Understand that hourly charging is cleaner, but customer may be happier with lower cost and less sawn lumber Comment from : @83hamdog

mill lumber for a house build it and sell it A house per year will be easy Comment from : @meandnature6452

I like your video It seemed to me you were real and not a bs'er I know how much hard work sawmilling is I know also you must enjoy your work Again thanks for the video and thanks for just telling it like it is Good luck with your business, I think you have what it takes to build a business! Comment from : @jimmccarley3191

Helpful video but I think it's worth clarifying that in accounting an income statement which is revenue minus expense equals gross profit, does not normally include equipment purchases because those are fixed long-term assets that belong on the balance sheet The way the bandsaw mill purchase is properly accounted for (and which is needed for taxes) is to only list the depreciation of the asset on the income statement Now that might be approx the same as the payments, but it might also be a lot less In other words you might be thinking you made 8K profit, but the taxman and accountant might say no you made 12K or 16K Just depends what the allowable depreciation per year is on this type of equipment Comment from : @JoelMilneTennis

Thank you for that, it has helped me decide that I will purchase and use a low end saw mill for my own projects and not think of trying to use it to make money Comment from : @christopherguy1217

Is it 17 an hour or 70 an hour? Comment from : @TheHonestPeanut

Thanks for our honesty Comment from : @superbuddyfranklin

Those numbers mean you've sold everything you cut with the mill??? Nothing stacked sitting in the yard drying waiting to be sold Comment from : @customcutter100

Have you considered selling lap siding or quarter sawn hard wood for flooring Comment from : @beararms3777

Thanks for sharing, all great insights Just bought a LX 150 Like you not my fulltime job mainly do excavation , thus the need for the mill We get so much timberUp in GODS country MinnesotaThanks again Good luck Comment from : @terrymackner6658

You don't deduct your "Loan Payment" for the mill as an Expense, only the interest paid in each payment (it's a Fixed Asset) Does that make sense to you? Maybe someone below has already mentioned this to you, not sure Comment from : @ppser818

Lots of costs to cover beside the mill inself, forklifts, skidders , trailers, trucks , chainsaws, flowers to keep your wife happy If you have a mill to make money,you will be disappointed But the joy of sawing the lumber and doing a good job is priceless Comment from : @neilmacleod5371

Well thought out and nicely put together Very informative Comment from : @kenmoule825

I'm making an average of $80 per board ft A lot of my work is custom cutting and sales of 1x Not much 6/4 and bigger work or sales other than pine Comment from : @randykirby1460

Nice video / info thanks Comment from : @onlineoffgrid

Great insight into the business I would almost think at this point it may be more profitable to charge by the board foot, now that you have the numbers Comment from : @Johnditit

I love the idea of selling Lumber and I want to become more involved and love your videos I have a couple of quick questions and hoping you can answer Number one do you ever sell lumber that's not kiln-dried Number two can you give us some examples of the lumber that you cut is a two by fours two by sixes 2 by 8 and so on and how long is the typical wood A number 3 when people order would do you deliver it or do they come to your place and pick it up? Many thanks and as always look forward to your next video Comment from : @imlivingyourlife7354

So you should easily make $25,000 a year from the mill now that you are more established (Depending on available work) PLUS, you can start eventually using some of your own wood for your handyman jobs Thanks for honestly sharing what we can expect REAL WORLD numbers are better than the salesman telling us that we will get rich quick Comment from : @jeffery19677

How are you measuring board feet, the log before you cut it or the boards after you cut them? Comment from : @treetopflyersofva2

There is a corner of YT that has value and you are helping to make it better Thank you for the transparency! Comment from : @thedadchronicles

Thanks for sharing this Really interesting - and congratulations on the achievement Comment from : @sportflyer

Interesting!! Comment from : @janiewerner

That is really good board foot an hour You should be rocking and rolling in the near future Thanks for sharing I don't think I would share that info Comment from : @salmonhunter7414

Really appreciate you sharing your numbers and insight on the economics side Comment from : @ThoenWorks

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