There are many different ways to make money from a rural property. By understanding the different options available to you, you can create a business plan that will help you make the most of your rural property. Some of these options may not be obvious, but by taking the time to understand what’s available to you, you can create a successful business that makes the most of your rural property.
Renting out the land for farming or cattle grazing
One way to make money from a rural property is to rent it out for farming or cattle grazing. This can be a great way to earn extra income, and it can also help to keep the property maintained. It’s important to make sure that you have a good agreement in place with your tenants, and you should also be sure to inspect the property regularly.
Leasing acreage to hunters for duck blinds, deer stands, etc.
Leasing acreage to hunters for duck blinds, deer stands, and other hunting purposes can be a great way to earn income from a rural property. Many hunters are looking for a place to set up their blinds or stands and are willing to pay a fair price for the opportunity. If you have the space, leasing out your land for hunting can be a great way to make some extra money.
Becoming a nature preserve
If you have a rural property, you may be able to become a nature preserve. This can be a great way to protect the land and keep it in its natural state while also earning some money from it. There are many different types of nature preserves, so you will need to do your research to find out what would work best for your property. You may need to meet certain requirements in order to become a nature preserve, such as having a certain percentage of native plants or animals or being open to the public. You may also need to have a management plan in place.
Charging people to come and view the property
When it comes to charging people to come and view your rural property, there are a few things you need to keep in mind. First of all, make sure that you have a good understanding of your costs. This includes the costs of maintaining the property, as well as any other associated costs. You’ll also want to make sure that you have a pricing strategy in place. This means that you’ll need to decide how much you’re going to charge people to come and view the property.
There are a few things you can do to make your rural property more appealing to potential visitors. For example, you can make sure that the property is well-maintained and that it’s in a good location. You can also offer tours of the property using the Can-am Spyder or similar UTVs or ATVs, which will allow people to see all that it has to offer.
Running agri-tourism businesses on the property
Running agri-tourism businesses can be a great way to make money from a rural property. Agriculture can often seem like a solitary occupation, but there are many ways for an outside person to contribute, and this can be really fun for someone who loves the outdoors as well. Many people are actually interested in how agriculture works too! A typical business includes corn mazes, pumpkin patches, apple pies, fruit grinders with cider presses, and Smokey’s BBQ catering service.
Offering accommodation
One way to earn from a rural property is to offer accommodation. This could be in the form of bed and breakfast, guesthouses, camping, or caravanning. There are many ways to do this, and it can be a great way to attract tourists to your area. It can also be a great way to connect with like-minded people and make new friends. There are a few things you will need to consider before offering accommodation. Firstly, you will need to make sure that your property is up to standard and meets all the necessary health and safety regulations. You will also need to think about things like insurance, marketing, and booking systems. However, with a bit of planning and effort, you can easily set up a successful accommodation business.
So there you have it! There are a number of different ways that you can earn money from your rural property. By taking the time to understand what’s available to you, you can create a business plan that will help you make the most of your property.
