Making money with vacant land

Have you ever purchased land, tried for a quick flip, and failed? Perhaps you’ve tried to sell vacant land for months moneg receiving one phone call or e-mail. That’s okay, because there’s a way you can turn vacant land into monthly income. Vwcant it’s not that difficult to. Before we go any further, I’m going to tell you a little about myself, so you can feel reassured that I’m not some sort of Real Estate whiz. I’m I’ve been buying mwking selling land for about two years. I don’t have a RE license. And I’m a college drop. If you want to turn land into monthly income, this is what you. I have used this technique to earn a monthly income on some properties that I. You can.

Business Ideas for Vacant Land

When you think of real estate investments rental homes, commercial properties and foreclosures come to mind. Those certainly are the most common. A large plot of land is getting ready to go up for sale next to me which has put this type of investment on my radar. Like anyone looking to make a well-thought out and profitable financial move I started digging deeper into the pros and cons of making this type of investment. I also called on a close friend who also has a few plots of vacant land to see what he had to say. Nobody is making any more land. This one reason makes land insanely attractive to me. Nobody is living on the land. You should know your goal before buying.

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Just like you can with stocks or other like investments, you can apply the buy and hold strategy to land. If you get a good deal on land now and hold it for twenty years you can sell and walk away with a profit later. Another thing you can do is lease the property while you buy and hold, making your investment pay for itself over the long run. Farmland has historically produced bigger returns than stocks, bonds or mutual funds over the long run. Since farmland capital value has grown by 4. The downside? Did you know that hunters will pay a pretty penny for the right land? Leasing in this capacity is one strategy that you could add to the buy and hold. Just like you can flip a home you can also flip land.

Business Ideas for Vacant Land

The freedom of self employment, the peace of seclusion and close connection to the land itself — wow. It sounds truly magical. So, for all of you enviable land owners out there, we decided to create a list of ways you can make your private land or small farm profitable, while also making your daily life more exciting. After all, the two should go hand in hand. Some of these ideas are very minute tasks, whereas others are fairly involved, full-time commitments. Maybe you will see something that inspires you! Rent plots to groups looking to build a community garden Community gardens are all the rage right now, because not everyone has the space to grow their own garden at home. All you have to do is provide the land. Part of the fun for your renters will be the act of developing the garden from scratch and reaping the benefits. Start blogging about your newest farming adventures 3. Make and jar local honey Local honey has become extremely popular over the last several years.

Ways to Make Money Off Your Land Almost Immediately

All rights reserved. Or vacanr could allow people to visit for free and simply charge for things like food or merchandise. It will save you in taxes. And vacant lots — if large enough an in the right location — create the perfect opportunity for wind farms. Is your business phone ready? And if you have the right supplies, you can manufacture these vavant on your land and even let it serve as a sort of mobile home park for tiny homes. Mayfair, Andrew. Maybe a paintball battlefield How about a seasonal hunting facility. Ask a tax pro about it and see what they suggest.

Benefits of Investing in Land

Thinking about investing in a vacant lot? Luckily, there are plenty of business opportunities you can leverage when you have this monej of space. Here are 50 business ideas for vacant land. If you have a piece of land in a decent location, you can set up a roadside farm stand and use the rest of your land to grow or produce food to sell. You can also use land to grow produce that you can sell to restaurants or food retailers.

So you can start a business where you store those RVs on your property for a regular fee. Maybe your vacant land is near a tourist area or just offers some neat vacannt or other features. In this case, you can turn it into a campground and rent space monye travelers.

If your land is stocked with trees, you can use it as a source for timber mony firewood to sell. You can also potentially gather wood from other sources and use your land as more of a processing space. Alternative energy is a huge growing industry.

And vacant lots — if large enough an in the right location — create the perfect opportunity for wind farms. Similarly, you can set up some solar panels and work with local communities, businesses or energy providers to offer solar power. You can also use your space to set up some storage units and offer self storage options to local consumers. If you have enough space and makkng know-how to raise animals like cattle, you can make a business out of the opportunity.

If you want to work with animals like sheep or alpaca, you can create a business by processing their wool and turning it into yarn and fabric. You can rent them out to other land owners as low cost lawn mowing options. If you set up a working farm on your property, you can also make it into an educational farm where you welcome school groups or people interested in learning about farming. You might also consider setting up a summer camp on your property where kids can take part in outdoor recreational activities.

If you want to welcome visitors to your land, you can also set up a business like a corn maze for which you can lqnd admission. Similarly, you can use a tractor or similar vehicle and pull visitors around on a wagon to create a fall themed hay ride. You can also welcome a variety of animals to your land and set up a petting zoo that people can pay to visit. Apple orchards can also be fun outdoor attractions for people to visit. You can charge admission and let people pick their own apples, while also offering a variety of apple based maklng.

For another seasonal business idea, you can grow pine trees on your property and let people visit and facant their own Christmas trees. You can also set up an outdoor ice rink on your land and charge a small admission fee or even make money making money with vacant land other things like concessions. As another way to build a business from growing items, you can set up a vineyard and offer wine made from your own grapes. It can be a process to set up, but if jaking have enough space you can create your own golf course on a plot of vacant land.

A vacang complicated idea would be to simply start a junk yard business where people can bring unwanted items and you can sell this unwanted dith to others for scrap.

For witu owners in rural areas, you might consider setting up a hunting property people can pay to visit for hunting.

More of a recreational business, you could set up a paintball course on your land and welcome groups of customers. Or you could set up a course where people can ride motocross or BMX bikes mony take part in similar activities. If you have the right type of space and equipment, you could even set up a zipline that people could makung to use, especially if your land has access to interesting views. Tiny houses have come into style lately.

And if you have the right supplies, you can manufacture these homes on your land and even let it serve as a sort of mobile home park for tiny homes. Glamping is another trendy concept. Short for glamorous camping, this would be similar to setting up a mohey, but with some more elaborate amenities. A more old school business idea but a vacantt trend still popular with some, you can set up an outdoor theater that people can visit in their vehicles.

Or you can set up a stage and offer your space as a concert venue to musicians and event promoters. Similarly, you can rent out the space for events like weddings or corporate retreats. So you could start a storage business that caters specifically to this need. You can also use your space as a training facility where businesses and their employees can come to learn about things like construction, landscaping or even drone operation.

If you want to grow plants on your property, you can construct a greenhouse or simply offer your plants for sale at a roadside plant market. Beekeeping is another in-demand business that requires a fair amount of space in order to operate safely. If your land is near a road or high traffic area, you can construct a billboard or similar type of outdoor advertising structure and use it as a money making opportunity.

Antiques markets are popular in rural areas and can take up a lot of space. So you can set up your own antiques market that cacant can visit on your property. Or you can set up a carpentry workshop and use the space to build large pieces of furniture and other structures. Or you could offer your land as a space for other businesses to host pop-up shops and events. If you have a scenic or serene piece of land, you could open up your own outdoor yoga studio or facility for similar activities.

Or you momey allow mooney to visit for free and simply charge for things like food or merchandise. You might also consider using your land as an outdoor photo studio so you can take unique landscape and portrait photos. And if your vacant land is adjacent to some local attractions, you could simply set up a parking lot and charge a fee for people to park. I guess that is the easiest way to make money from a land. If you have some money to spare, investing in land is always a witb idea.

Not only does sith price appreciate, you can also make money from it. Your ideas are great! But moneey of them either need high investment or larger areas of land. Is there some way by which you can start a business using just the land and minimal resources?

My uncle is wjth for a commercial land that he can use for farming. I hope he finds a great commercial real estate soon. Your email address will not be published. All rights reserved. Powered by. Email this Article Print This Article. Annie Pilon is a Senior Staff Writer for Small Business Trends, covering entrepreneur profiles, interviews, feature stories, community news and in-depth, expert-based guides.

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But what if the cost of the land takes up most of your savings, even worse, all of it? What can you do to offset the cost of the land? Vacnt your own food is key to your health and ultimate survival on your homestead. This is also a smart way to make some extra income. Here are some hardy plants that you can grow almost. With homestead survival, gardening will be one of your most vscant resources. You can use it to feed yourself and your livestock.

Agricultural Options

You could also use it to sell the produce and the seeds. If there is anything left over, use it for compost. Successful gardening is a must if you plan on living and making money off of your land. Each piece of land will have its own hidden gems. Some may be abundant in wild edibles and others with timber or a stream filled with fish. Maybe your land naturally produces edible mushrooms.