5 Ways to make money off your land | KNOWLANDNY

So what can you do and how do you do it? People who own recreational type property often look for ways to make a few bucks here and there and lessen the expense of owning. Not every one of these ideas can work for you but 1 is all you need to bring in some money and reduce the financial obligations in long term ownership. Regardless how much land you own this may be a viable option.

Your tax bill might be a few hundred a year or maybe a couple thousand. Either way this can work.

There are many up here who are harvesting lower grade trees for hardwood pulp and that is probably all you would need to pay your tax bills. Another option is firewood which is as popular as ever in these parts. You can find a local guy who sells firewood and work out a deal where he can take some trees for his business and you can make some money without lifting a finger.

Many just sell firewood out of their yard and are really easy to deal with. Naturally you will need to have an area on your land that is open and can be accessed by tractor etc. My neighbor owns 5 acres across the road from my house and he rents it to a local farmer every year.

Stopping by a local farm and asking is all it takes.

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All you need to do is place a free ad on the local Craigslist site and the calls will come. There are people looking for leases and advertising their interest on Craigslist literally everyday. Let someone else decide that after you advertise. Most people looking for leases are hunting alone or maybe 1 friend. The benefits stretch far beyond making a few dollars off your land.

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There can be many benefits to this kind of relationship so keep an open mind and talk with some folks to see if you can find the right person. We all know about the families looking for a place to rent for a week vacation etc but it goes well beyond that. There are people looking to rent cabins up here 12 months a year for all kinds of activities. Your cabin might be located a short distance from a State Forest and would be attractive to hunters who need a place to stay while they hunt.

We have a lot of people from out of state or downstate who rent hunting cabins every year. You might be able to strike a deal where they rent for the whole season or maybe a couple weeks or so. During the winter you will find snowmobilers who are looking for cabins to rent.

Our snowmobiling is as good and popular as anywhere in the country and we draw people from all over the U.

You can advertise it yourself or you can make life even easier by contacting some local real estate brokers and make a deal with them.

Many brokers here handle these type of rentals on a regular basis and can take care of the whole process for you. I see them in places these days I never would have thought they would be. The reason is simple: Many people own land that has some kind of building or maybe an old barn on it. THIS is opportunity knocking ,trust me on this. We have an incredible need up here for places where people can store a boat or snowmobiles during the off season.

10 ways to make money on your land | Backwoods Home Magazine

They need a place to keep them and you might have that place. During the summer there are lots of folks who keep their boat in the water and docked all summer. Thanks for stopping by and if you are interested in land ownership in the North Country please contact me anytime. I have plenty of great properties for sale right now and some really good stuff coming soon!

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