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Forum topic by newwoodbutcher posted 10-23-2017 03:58 PM 1056 views 0 times favorited 28 replies Add to Favorites Watch
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newwoodbutcher

702 posts in 2664 days


10-23-2017 03:58 PM

Folks, please re read this again. I origionally posted the wrong ad. This is for 11000 BF of air dried black Walnut Found this on Craig’s list. He wants $15.00 a bf for 11,000 bf
Here is the correct ad

https://losangeles.craigslist.org/lac/mat/6339865861.html

What are your thoughts?

If you could afford it all, what would you pay ?

-- Ken


28 replies so far

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TheFridge

8141 posts in 1300 days


#1 posted 10-23-2017 04:11 PM

3-4$ bdft

-- Shooting down the walls of heartache. Bang bang. I am. The warrior.

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jimbrown

20 posts in 109 days


#2 posted 10-23-2017 04:14 PM

Way overpriced

-- JimBrown

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Ron Aylor

1658 posts in 462 days


#3 posted 10-23-2017 06:51 PM

11,000 bft at $15.00/bft comes to $165,000.00 … perhaps you miscalculated … Re-read the ad … I do believe the whole lot is just $1315.00.

-- Ron in Lilburn, Georgia.  Knowing how to use a tool is more important than the tool in and of itself.

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a1Jim

116498 posts in 3391 days


#4 posted 10-23-2017 06:59 PM

Looking at the individual prices it doesn’t look like $15 a BF.some of the Birdseye and figured wood seems reasonable at least with the price posted in the ad.

-- http://artisticwoodstudio.com Custom furniture

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newwoodbutcher

702 posts in 2664 days


#5 posted 10-23-2017 09:59 PM

I posted the wrong ad, please take another look, I have the correct ad in there now, its 11000 bf of premium air dried black walnut he is asking $15.00 a bf, I’m thinking of making a counter offer. What’s it worth in your opinion?https://losangeles.craigslist.org/lac/mat/6339865861.html

-- Ken

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Andybb

525 posts in 418 days


#6 posted 10-23-2017 10:20 PM

The ad says to call for pricing.

I don’t see a price. It’s still 11K board ft, even at $10/bf that’s $110K. Seems like he’s looking to sell to a national chain or a local reseller or something. That’s a 50 lifetimes supply of walnut for an individual. How would you haul 11K bf even if you lived in Denver? But maybe you are in the lumber business? At 3 lbs/bf that’s 16 tons.

Bell Forest Products lists 4/4 500bf or more for $7.50/bf at the most.

What am I missing?

-- Andybb

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a1Jim

116498 posts in 3391 days


#7 posted 10-23-2017 10:34 PM

Go Hawks
They have changed the ad when I looked at it before they had a list of woods and their prices. Maybe they’re an LJ Member and saw the post?

-- http://artisticwoodstudio.com Custom furniture

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Andybb

525 posts in 418 days


#8 posted 10-23-2017 10:46 PM



Go Hawks
They have changed the ad when I looked at it before they had a list of woods and their prices. Maybe they re an LJ Member and saw the post?

- a1Jim


Yeah, but it’s still 16 tons of wood! Geebus!

-- Andybb

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Loren

9560 posts in 3462 days


#9 posted 10-23-2017 10:48 PM

Yeah, but it s still 16 tons of wood! Geebus!

- Andybb

https://youtu.be/jIfu2A0ezq0

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Andybb

525 posts in 418 days


#10 posted 10-23-2017 10:51 PM


Yeah, but it s still 16 tons of wood! Geebus!

- Andybb

https://youtu.be/jIfu2A0ezq0

- Loren


“Bless my soul” :-)

-- Andybb

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newwoodbutcher

702 posts in 2664 days


#11 posted 10-23-2017 11:34 PM

It is a bunch of material, and it would have to be moved to San Diego, and stored, and sold a bit at a time. I have contacted the seller and his asking price is $15.00 a bf for all 300 pieces (11000bf). If that is his last and final ask, I’m done. My thinking however is that for $7.00- $7.50 a bf it looks more interesting. Yes it ’s a lot of wood, and expensive but I’m thinking that it could provide many years of retirement income ( after 4-5 years) sold in small batches to lumber yards instrument companies and builders. It’s pretty clear to me that the cost of black walnut will continue to rise and this stuff could get a premium price to the right buyer, again in a few years. If my partner and I were to proceed with this we would store the material in ventilated containers on his property in San Diego County. So is it foolish to pay what’s likely retail price for everyday walnut for premium large batch for a long term investment. Any of you all that have sawmills or lumber yards have any input?

-- Ken

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Hermit

135 posts in 1139 days


#12 posted 10-24-2017 12:02 AM

Run Forrest, Run!

-- I'm like the farmer's duck. If it don't rain, I'll walk.

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avsmusic1

154 posts in 499 days


#13 posted 10-24-2017 01:04 AM

Unless I had established channels for distribution I wouldn’t even think about this. Shipping costs, storage, the time to sell in smaller batches, etc makes this a pretty lackluster investment opportunity for someone like me.

Im betting I could source full logs and have them milled however I wanted for less

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TheFridge

8141 posts in 1300 days


#14 posted 10-24-2017 01:34 AM

I wouldn’t touch it for more than half of local retail to start.

-- Shooting down the walls of heartache. Bang bang. I am. The warrior.

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Andybb

525 posts in 418 days


#15 posted 10-24-2017 01:37 AM


I wouldn t touch it for more than half of local retail to start.
- TheFridge

Yeah. Tough to justify paying retail for anything and calling it an investment much less twice retail. But the seller has got to know that.

I am not a sawmill owner so my thoughts aren’t really relevant but I’m still curious what it would cost to ship 16 tons of lumber 1000 miles and add that to the overall cost. Might not be as much as I think.

I’m assuming the seller isn’t going to entertain an offer of half of his asking price so it’s probably a moot point but ya never know. Wondering why he is asking so much like it’s an appreciating Bitcoin investment.

Good luck.

-- Andybb

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