
Innovative Ways to Monetize a Piece of Land You Own
Owning land is a privilege that too few people capitalize on. You might be sitting on a quiet corner lot outside the city or a few acres by a highway. Either way, if you’re not doing anything with that land, you could be missing out on an opportunity to earn real income. In the US, around 77 million people own 1.3 billion acres of private land. Around 63 percent of those lands are farms and ranches while the remainder are mostly forests. Then, almost 39 percent of the 911 million acres of farmland in 48 States are rented. This is how land in the US is being utilized, but would you monetize yours the same way? Not necessary that you do. With a little creativity and planning, even a modest piece of property can be turned into a revenue stream. We’ll tell you how. Start a Self-S...