Passive Income from Land

[dynamicrypto]

My Recommendations

Passive Income

Conservation Revenue

I would begin with my first choice by contacting various conservationists to inquire about your land. Be sure to mention the endangered species spotted.

Conservation Contacts:

Kern County Resource Conservation District: [phone], www.kcrconservation.org - Provides technical and financial assistance for conservation projects, including habitat restoration, wildlife corridors, and sustainable agriculture practices.
California Department of Fish and Wildlife: [phone], www.wildlife.ca.gov - Offers guidance on conservation planning, habitat restoration, and wildlife management for private lands.
Natural Resources Conservation Service (NRCS): [phone], www.nrcs.usda.gov - Provides financial and technical assistance for conservation practices, including soil health, water quality, and wildlife habitat improvement.

Triple Net Lease

A triple net lease is a type of commercial lease agreement where the tenant is responsible for paying three main expenses in addition to the rent:

1. Net
   • The base rent paid by the tenant. I would set at 10% cap rate with a 20 year lease or 12% cap rate at 10 year lease.
2. Taxes
   • Property taxes, such as municipal taxes, school taxes, and other local taxes.
3. Insurance
   • Liability insurance, property insurance, and other types of insurance that protect the property.

The landlord is responsible for maintaining the property and making any necessary repairs. The tenant is responsible for paying all three expenses, which are typically calculated as a percentage of the annual rent. My plan would also provide any upgrades to the property adding to the lease amount at above specified cap rates. This Provides more opportunity for both parties involved to succeed and earn more.
how to lease your land

Large Farms Looking to Lease More Land

Taft Farm Supply: [phone], www.taftfarmsupply.com - A farm supply store and equipment dealership that may have connections to local farmers looking to lease additional land.
Kern County Farm Bureau: [phone], www.kernfarmbureau.org - A non-profit organization representing farmers and ranchers in Kern County, which may have member farmers looking to lease land.

Local Agricultural Cooperatives:

I would search online for cooperatives in your area, such as the Taft Valley Farmers Cooperative or Kern Valley Farmers Cooperative, which may have members looking to lease additional land.

Additional Resources:

Kern County Agricultural Commissioner: [phone], www.kerncounty.com/agcomm - Provides information on agricultural land use, zoning, and regulations.
California FarmLink: [phone], www.farmlink.org - A non-profit organization that connects farmers and ranchers with affordable land and financing options.

Other Posibilities & Revenue Estimates

Lease Price

Considering the property's value and amenities, a good lease price for a 40-acre property near Taft, California, could be:

• $2,500 - $3,500 per month for agricultural or ranching purposes
  (Conservation or lease passive)
• $3,000 - $5,000 per month for recreational or RV park use
  (Keeps somebody employed on land)
• $4,000 - $6,000 per month for commercial or industrial purposes
  (Pole barn idea also employs someone)

Recommended Uses of the Land

Based on the property's location and amenities, here are some recommended uses:

• Recreational: Developing an RV park or campground, which can capitalize on the property's RV hookups and scenic views.

• Commercial: Building a warehouse or distribution center, which can take advantage of the property's proximity to highways and access to city utilities.

• Agriculture: Growing crops such as almonds, grapes, or avocados, which are in high demand in California.

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Comments

[thelogicaldude]

These could be some great resources. We are going to be building a campground on our property and renting out spots, plus we will have some camping gear and such for rent if needed. Providing tent camping and eventually getting a few yurts. I also want to build and open a private drone park... I don't know, I am kind of obsessed and know people that would pay to come and fly in a safe place where you don't have to deal with the public, or being trespassed, lol.

The problem with doing some things like going through these organizations or companies is they like to start telling you what to do with your land and have really strict stipulations, if you are okay with all that, then yeah, those kind of resources could help. But then again, you did say passive income...

[dynamicrypto]

Indeed, my cousin wants to leave and plans to sell. When he expressed his dream of keeping it I threw these ideas at him as he would be gone so passive is the way for him. His move however will land in Kentucky likely and have a different plan. Thanks for visiting

[thelogicaldude]

Yeah, well, if that's the case, then yeah. Make what you can if you can keep the property. That shit is generational wealth. That was one of the reasons I moved back to the family plot. It's about to be my generation's turn to make it happen and I want to preserve our plot.

[dynamicrypto]

You motivated an edit which includes more options my cousin wanted also!

[thelogicaldude]

Nice! Glad I could be an inspiration, lol.

[seattlea]

Wow! You are back! Welcome back Troy! Are you going to be back playing Splinterlands?

[dynamicrypto]

I am job hunting, if I get on my feet I would not mind getting a few cards and a driver again.

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