May 29, 2018

There are so many different ways to make money if you own land. If you own even a small piece of land you might be surprised just how creative you can get if your goal is to create income using an existing asset.

Pasturing animals

If your land includes fields and/or some wooded areas, you might want to take look through the on-line and paper classifieds in your area. More than likely you will be able to identify horse or cow owners who are looking for space to graze their animals. What a fantastic way to make money and if your land includes large pasture areas, the animals will keep the grass down so you can even save money!

Hunting rights

If you own land suitable for hunting, you can rent your land out to hunters. This is one of the best ways to make extra money. If you have big deer in your area, there’s a good chance you can charge a premium price for rights to your land during hunting season. Best of all, you can charge by the person or charge a flat fee. You are in control with this one, making it one of the best ways to make extra money, while maintaining full use of your land during the off-season. If you have wildlife on your land, I recommend that you explore this income-generating possibility.

Storage

Have you noticed how many mini-storage rentals there are? If you have a building on site, this is also a potentially lucrative way to make extra money. These days, no-one seems to have enough room to store their stuff, making storage space a realistic way to earn some extra income. It may even be a wise investment to have a building put up if one does not exist. Those with an old barn could store four wheeler or boats during the off-season, making it one of the easiest ways to make extra money using your land (or trailers, campers, snowmobiles, classic cars -just about anything you can think of).

Camping

If you have level, open land that would be suitable for erecting tends, you should look into the logistics of starting a basic campground. Depending on the current condition of your property, it is possible to start up a campground with little start-up money. Usually to get started you only need stakes to make the sites, some campfire rings and a port-a-potty. There are so many free and inexpensive ways to advertise these days such as Craig’s List and backpage.com that you can at least place an ad and see what kind of interest it generates. If there is interest in your area, you have a pretty simple way to generate passive income without having to make a large upfront investment or doing expensive upkeep.

Logging

If your property includes wooded areas, it would be smart to get a few quotes from different logging companies to see how much you could earn from the timber. In order to preserve …