5 Real Ways How to Make Money with Land | Millennial Nextdoor (2024)

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How to make money with land is a question on the minds of many people who currently own or seek to own real estate. The good news is, there are tons of ways to make money with raw land. A lot of people may consider an investment in raw land a risky choice. I won’t dissuade you from that thinking. Any investment holds risk but, options for monetizing your land do exist.

It’s important to look at all factors when deciding whether or not you should invest in raw land, especially if your goal is to make money from the land.

In this article, we’re going to share 5 real ways how to make money with land. These are real income streams, many of them passive and they can be right at your fingertips!

Let’s dive in!

How to make money with land

Here are some options to help you make money with your land…

1. Agriculture

You can use the land to grow crops, raise livestock, or cultivate fruits and vegetables that can be sold at local markets or directly to consumers.

• Crop farming: One way to make money with land is to grow crops such as vegetables, fruits, grains, or herbs. You can sell the produce directly to consumers or to local grocery stores or restaurants.
• Livestock farming: Raising animals such as cattle, pigs, sheep, or chickens can be profitable. You can sell the meat, milk, eggs, or wool to consumers or wholesalers.
• Aquaculture: You can also make money by raising fish or shellfish in ponds, tanks, or other water bodies.
• Agroforestry: Combining agriculture with forestry can be a sustainable way to make money. You can plant trees for timber, fruit, or nuts, while also growing crops or raising livestock on the same land.
• Agritourism: If your land is in a scenic or rural area, you can attract tourists by offering activities such as farm tours, pick-your-own produce, or bed and breakfast accommodations

2. Rural AirBNB

One way to make money with land as a rural Airbnb is to rent out a portion of your land to guests for camping or glamping. This could involve providing tent or RV sites, or even more luxurious accommodations such as yurts or cabins.

To make your rural Airbnb attractive to guests, you should focus on creating an enjoyable outdoor experience. This could include providing access to hiking trails, fishing or hunting opportunities, or other outdoor activities.

Another option is to rent out a portion of your home or a separate guesthouse as an Airbnb.

This can be a great way to provide a cozy and comfortable place for guests to stay while enjoying the rural setting. You can offer unique amenities such as farm-to-table meals, guided tours of your property, or access to local attractions.

To maximize your earnings as a rural Airbnb host, you should ensure that your property is well-maintained and that you provide excellent customer service. This can help to generate positive reviews, which can in turn attract more guests and help to increase your income.

Additionally, it is important to research the local market to determine the demand for rural Airbnbs in your area, and to set competitive pricing based on the amenities and services you offer

3. Camping or RV sites

4. Renewable energy

There are several ways to make money with land by utilizing renewable energy sources. You can install solar panels, wind turbines, or hydropower systems on your land and generate electricity that can be sold to the grid.

Additionally, you can lease your land to renewable energy companies for the installation of these systems and receive regular payments for their use. Investing in renewable energy can be a profitable and sustainable way to generate income from your land while also contributing to the transition to clean energy.

5. Renting the land

You can make money with land by renting it out to individuals or businesses for various purposes. This is how to make money on vacant land, of course.

Here are some ideas to make money with land by renting it out:

• Farming or Agriculture: You can rent out your land to farmers or agriculture businesses for crop production, livestock grazing, or other farming activities. This can be a great way to earn passive income from your land.
• Recreation: You can rent out your land to individuals or groups for recreational activities such as hunting, fishing, camping, or hiking. This can be a great option if your land has unique natural features or wildlife that make it attractive to outdoor enthusiasts.
• Event Hosting: You can rent out your land as a venue for weddings, concerts, festivals, or other events. This can be a great way to generate income while showcasing the natural beauty of your land.
• Parking: If your land is located near a popular destination, such as a sports stadium or concert venue, you can rent it out as a parking lot for event-goers.
• Storage: You can rent out your land as a storage facility for boats, RVs, or other vehicles. This can be a great way to generate income during the off-season.
• Cell Towers: If your land is located in an area with poor cell phone reception, you can rent it out to cell phone companies for the installation of cell towers.
• Solar Panels: You can rent out your land to solar energy companies for the installation of solar panels. This can be a great way to generate income while contributing to the transition to clean energy.

Renting out your land can be a great way to generate income without the hassle of managing a business or property. However, it is important to conduct research on local regulations and market demand to ensure that you are renting out your land at a fair price and complying with all relevant laws and regulations

Make money from raw land

As you see, there are many creative ways to make money with land.

Although there are many other ways to make money with land, we were unable to cover them all. Some other options include extracting minerals or engaging in land banking, subdividing, and re-zoning. However, pursuing these options often can be pretty expensive and extensive.

Investing in raw land can be a smart move. It can be an interesting project for you and your partner to take on as an interesting passive income idea for couples.

Regardless of which path you choose, we hope you recognize that there are numerous opportunities to derive pleasure from the land in this country or to create significant value by utilizing it in conjunction with your existing skills and interests, while also providing ongoing benefits to yourself, the environment, or the wider community.

We just covered 5 ideas for making money with land.

Is this a money-making path you’re going to try?