How to Make a Profit From Your Land

Given the length of time it takes to purchase land, develop it, wait for it to appreciate, and then either sell or hire a manager to lease the property with tenants, many investors choose to flip land instead. Flipping land is simply buying land at one price and quickly reselling it for a profit. Damon Becnel, experienced entrepreneur and land developer, understands that this differs from wholesaling in that you are taking on more risk by purchasing an undeveloped piece of property with plans for future development rather than buying an established home already occupied by renters. Land flipping may be risky but can become very profitable if handled correctly.

Use the land as RV Storage Space

With the increasing number of people that recently lost their homes in foreclosures, many are turning to recreational vehicles as a means for shelter. If you have an RV storage lot available for rent, you can attract several customers to your property and command a high monthly rental fee from each renter.

Create a Campground

Camping is becoming more popular as families look for ways to spend quality time together without the distractions of work and media. Set up a campground, allowing visitors to rent their own tent space for a nightly fee. The whole family can pitch in on this one; if you have kids, let them charge an admission price to walk through their campsite and sell cups of lemonade or homemade cookies after dark.

Invest in Solar Energy

With solar energy becoming increasingly popular and affordable, purchasing a piece of land with the ability to harness solar power is a wise investment. Find out which companies in your area offer leasing agreements for solar panels and contact them about securing space on their roofs to construct your panels.

Turn it into an Indoor Shooting Range

Suppose you are interested in finding land for sale, scope out areas where you can set up an indoor shooting range. The sound of gunfire may become annoying to neighbors, so be sure to seek permission from local homeowners before purchasing any property. You will need to research state laws regarding gun ranges that have customers bring their guns versus those that rent firearms because owning your own business will be completely different from running an independent shooting range on your personal property.

Build Horse Stables

For the horse lovers who are tired of waiting for their horses to arrive at the stable, build your private stables with a large pasture area. If you already own horses, this is an excellent way of generating income while giving your animals a safe place to live even when you are away on vacation.

Grow Flowers to Sell at a Farmers Market

Flowers are always in high demand at farmers’ markets, making this a profitable business venture. Grow your flowers and sell them to other vendors who don’t have the space to grow their supply or simply want to focus on other tasks like preparing fresh produce for sale.

Build an Indoor Shooting Range

Suppose you are interested in finding land for sale, scope out areas where you can set up an indoor shooting range. The sound of gunfire may become annoying to neighbors, so be sure to seek permission from local homeowners before purchasing any property. You will need to research state laws regarding gun ranges that have customers bring their guns versus those that rent firearms because owning your own business will be completely different from running an independent shooting range on your personal property.

Final Thoughts

Land is a stable investment for this economy. So many people are looking to invest in something real – something that will always have value, and you can take advantage of their fears by showing them how purchasing land is one of the safest ways to ensure their future.

By doing your homework on what other businesses are successful in your area, you can also capitalize on another trend that has become very profitable recently.

Like any business venture, do your research before jumping into anything new. To find land for sale or rent near you, check out Land And Farm, where they make finding even remote properties simple with lots of great information about each property listed.