I had a family member who owned land in the sticks. He said you can earn a passive income letting a farmer use it. He let a guy bail hay to sell. Meanwhile, sit on it for 20-30 years. The land multiplied in value many times over. Eventually, it got sold to a development firm to build multiple neighborhoods after the nearby city continued to expand in that direction.
[deleted]
Submitted 1 week ago by amksenin@lemmy.world to [deleted]
Comments
some_guy@lemmy.sdf.org 1 week ago
unphazed@lemmy.world 1 week ago
Ah. Someone found my field of fucks. See that I had none left to give.
TvanBuuren@lemmy.world 1 week ago
Plant a shtload of trees and bushes, let it go ‘wild’, put cottages in between, spaced so they don’t see each other.
A ‘back to nature’ retreat around the corner.
TheFinn@discuss.tchncs.de 1 week ago
It can actually be a lot of work to do this. Researching species appropriate to the biome and removing invasive ones
dumples@midwest.social 1 week ago
If you would like to live there someday I would recommend that as your goal. I would recommend you start doing some research on permaculture which is about building wholly sustainability. Part of this sustainability is financial and piecewise building and investment. So if you want to build and live on this one day you will need the money for it.
So start with leasing the land for at least 1 year to get some cash and for you to better understand where you might want to build a structure and what you need. This allows you to plan and see what part would fit a dwelling the best. This also lets you figure out what you need for this house (i.e. water, electricity, waste removal etc.) as well as figure out how this investment can make money for you. Start small and build modularly. Your dwelling may start on as shack or even a place to set up a tent and grow larger. Same with whatever you end up doing with the land.
Permaculture talks about building food forests which are sustainable year round sources of food, goods or materials. Some of which you can sell or use yourself. These are typically perennial plants, vines and trees which all grow off each other and make a beautiful space. This can be your space for “remote working” either for yourself or visitors.
While planning on starting on this you can continue to lease your land to farmers as you slowly take it over yourself for your bigger vision. This is suppose to be small, slow but sustainable growth to your final vision.
Temperche@discuss.tchncs.de 1 week ago
Pawlonia trees. Fastest growing wood in the world
blimthepixie@lemmy.dbzer0.com 1 week ago
What about a campsite?
No yoghurt weaving digital nomad yoga shite.
Just a plain old campsite that people can stay on with their campervans, caravans, tents etc
You’d probably need a shower and toilet at least.
kittenzrulz123@lemmy.blahaj.zone 1 week ago
Start up a workers cooperative and a collectivized farm, you could also do the digital nomad stuff and make a worker owned digital syndicate. Turn it into a leftist center where theory flows like water and discussion of revolution flows through the air like the songs of the workers >:3
Dorkyd68@lemmy.world 1 week ago
Step 1, dig big hole, step two, become one with tge ant people, step 3 never see daylight again
Auntievenim@lemmy.world 1 week ago
I couldn’t tell you what to do with it but if I move to europe I will work on your commune and help with whatever as long as you’ll have me lol
25 decares is a lot of land, you could have an entire city there. If the land is viable for farming you could allot enough of it to produce whatever you would need to sustain the population of the property, and have the rest of the place developed into living spaces and recreational areas like you said. A sports park, little golf course, botanical gardens, animal sanctuaries. Thats stuff for citizens to do besides meditate.
I mean, this is a real opportunity to create generational prosperity not just for you but for everyone who is involved in building it up. I hope that, whatever happens, you keep it safe from people who would see it turned into more wealthy suburbs or a cash crop operation that kills the soil in a generation.
Good luck to you on your journey and, again, I’d be thrilled to be a part of it
MintyFresh@lemmy.world 1 week ago
Dude I would homestead the shit out of that. Better be careful or he’ll have a bunch of lemmings (Lemmy nerds?) show up with a trowel and high hopes.
Auntievenim@lemmy.world 1 week ago
I, too, have used lemmings as a term to describe users here and I think it’s cute and endearing. We can decide as a group once we’re all at this guys property lmao
iamai@lemm.ee 1 week ago
Hemp and No-Till see what works afterwards but it’s a market call what you plant! That’s my understanding. Maybe you could do something like Lavander though?
NegativeLookBehind@lemmy.world 1 week ago
Dirt farming
deegeese@sopuli.xyz 1 week ago
As a yoga retreat site, what is your unique selling point? It’s a crowded market and that looks like plain old farmland to me. While peaceful and quiet, why would I stay there and not somewhere more scenic?
amksenin@lemmy.world 1 week ago
[deleted]jol@discuss.tchncs.de 1 week ago
Wow that looks pretty desolate. Was it all farmland? Why are there absolutely no trees in sight?
Aiala@lemmy.world 1 week ago
Plant a lot of trees. Be the owner of a forest. Just be proud.
PieMePlenty@lemmy.world 1 week ago
Fence it, let it regrow and let lose a shit ton of chickens. Market free range eggs.
If you lease it to a farmer, you’re no better than a landlord and I don’t see why the whole of lemmy doesnt start pissing on you right away.conditional_soup@lemm.ee 1 week ago
Put, like, three single family homes on it.
ZeffSyde@lemmy.world 1 week ago
This will look so much better when it’s smothered in Kentucky Blue grass and drive ways. /S
conditional_soup@lemm.ee 1 week ago
WOAH WAIT A MINUTE THERE BUDDY, IS THAT A NON-COMPLIANT SHADE OF BEIGE?!
NeoNachtwaechter@lemmy.world 1 week ago
Create a startup in reasearch and development of fully autonomous robotic electrical helicopters with swappable batteries and shiny plush seats for the passengers etc.pp. Collect huge venture capital for it.
Don’t forget to brag about your $1 salary!
Go broke after 3 years with a shrug.
Rent that land for some nice money to your startup as a test airfield.
Maggoty@lemmy.world 1 week ago
What will people do there? The same thing people have done for 10,000 years. Alcohol, sex, and games.
MTK@lemmy.world 1 week ago
Firstly, you have an opportunity of a life time. Build a toilet with no cover, you get to shit like a modern person but with the calmness and stress-freeness of a cave person.
fluffykittycat@slrpnk.net 1 week ago
Honestly the vegan Yoga Retreat idea could be really cool. If I had a bunch of plans I would do a commune, although I’d rather do an Urban ecocommune personally but you have enough land to get some serious permaculture done. What sort of climate do you have?
Gtoasted@feddit.org 1 week ago
Parking Lot
nutsack@lemmy.dbzer0.com 1 week ago
are you leasing it to a farmer? or are you building a poop resort? i can’t tell which one it is because you listed both
L3s@hackingne.ws 1 week ago
I thought you bought a picture at first
dnick@sh.itjust.works 1 week ago
Any zoning issues? May be worth splitting it up, lease some for farming for now, set up a couple of acres for a small utility/living area so you can visit and stay for short periods or permanently so you can get a sense of actually being there… Seasons, smells, sounds, wildlife, infrastructure like roads will all impact what the experience or opportunities actually are and often bday depending on the time of year.
Chainweasel@lemmy.world 1 week ago
Land is one of the few things you can just sit on and it’s guaranteed to gain value, they’re not making any more of it, as a matter of fact we’re losing it to climate change with desertification and rising sea levels.
If it’s farmable land I would rent it out to a farmer and make some extra cash, and if at any point you need some money you can always sell a few acres, otherwise it would be better than any amount of Cold hard Cash to hand down to any children you may have.
NaibofTabr@infosec.pub 1 week ago
Is there water access on the property? Potential for drilling a well?
Without a steady source of water, farming is problematic.
cabbage@piefed.social 1 week ago
It has clearly been used as farmland already. And in most places where farming is common we could traditionally rely on rain, though I guess climate change is making everything funky.
NaibofTabr@infosec.pub 1 week ago
AnarchoSnowPlow@midwest.social 1 week ago
Rewild it with native flora, do yurts and whatever to attract people to live in a sustainable way with community gardening. Activities can initially revolve around returning the land to a more natural state. As things mature people will invest in the community themselves, creating their own activities etc.
cows_are_underrated@feddit.org 1 week ago
First of all, what the fuck, how are people paying 1.2k lease per nectar and are still able to make a profit of it (this is possible if you plant vegetables, but most farmers dont do vegetables).
Secondly, if you are willing to maybe invest a little bit more I would try to market this as a “DIY” garden. Basically what you do is, plant the field with vegetables, divide the field into smaller sections and then people pay you for having the opportunity to raise and and harvest their own vegetables. Harvest everything you can’t sell by yourself and sell it to your local supermarket.
Pros:
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Lots of cash. If you just charge people like 20$/month for e.g. 50m2 (which is quite a lot) that would come down to 1000$ per month assuming that you are able to rent all sections to other people (which will devinetively not happen). Even if you only rent out 50% its still 500$ per month.
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Not very work intensive. You dont really have to do that much. Just regularly check on the field and care for all parts that are not rented out.
Cons:
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Further investments are needed. You would have to supply the field with water. The best way would be to buy a cheap forklift and some containers, fill them up with water and drive it there. If you already have a car that can tow trailers you could also use that to supply the field.
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High instability: You can’t really calculate how this will work out, because you can realistically only calculate this for this and maybe the next year. This is also highly dependent on how gods you can reach the field.
The field may be a bit off for this concept, but if you manage to market this to the city population (not necessarily the city population, but more of the urban population that live in denser areas) you can make quite a lot of cash of it. I think with the uprise of uncertaintys about the availability of food and maybe declining supply chains this might get more relevant in the future. For this to work I would suggest to start small. Just seed clover on the rest of the field that you dont plan to use. This has the advantage, that you dont loose soil due to erosion, but you also allow the soil to regenerate and ultimatively clover is able to fixate nitrogen in the soil which is OBE of the most important nutrients for growing anything. If you let the clover grow for 2 years it can fixate iirc up to 200kg/N/acre which is quite a lot, bit this really depends on a lot of different factors.
amksenin@lemmy.world 1 week ago
I appreciate your advice
First of all, what the fuck, how are people paying 1.2k lease per nectar and are still able to make a profit of it (this is possible if you plant vegetables, but most farmers dont do vegetables).
I am trying to clarify that atm. In my research, I saw wildly different numbers from $30 to $160 per 1000 m2
Even if you only rent out 50% its still 500$ per month
$20/mo per 50m2 is $5K… which is nice like you said
I would try to market this as a “DIY” garden.
There are actually a lot of projects like that. They unofficially partition the land into 500 m2 parts, arrange water and electricity (some don’t arrange that either), and they sell. Thy call them hobby gardens. Do you happen to know about them?
cows_are_underrated@feddit.org 1 week ago
I am trying to clarify that atm. In my research, I saw wildly different numbers from $30 to $160 per 1000 m2
It is absolutely possible, that people pay this much. I have seen this in other regions too. What I meant is, that I still don’t get how people are making profits of this. Just assuming, that you get 200$/T of wheat and are able to harvest 10t/ha, which is a lot, you still only made 800$ of a nectar if land. This does not include the costs for all the machinery and fuel. Also at a price of 1.6k/ha it is dumb to not buy it instead. If you calculate this on a time scale of 20 years you would pay 32k in lease, so to make this profitable you could buy the land up to a price of 3.2$/m2 which is quite a lot.
There are actually a lot of projects like that. They unofficially partition the land into 500 m2 parts, arrange water and electricity (some don’t arrange that either), and they sell. Thy call them hobby gardens. Do you happen to know about them?
The difference here is, that the people are forced to do everything by themselves. In my scenario people are paying you for the work of planting the crops and maybe additionally taking care of them. The thing you mentioned is also more like, that people can build shacks on it etc, since 500m2 is way to much to eat all of it that you can grow there. It also takes quite a lot of work to maintain all of this. These small sections have the advantage of the people being able to maintain it without much effort.
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1984@lemmy.today 1 week ago
There are many people who want food grown in natural environments and where the animals are taken care of. A bit like Carlssons Farm on tv.
Liz@midwest.social 1 week ago
I wish I had enough money to buy 25 acres without a clear idea of what to do with it.
cows_are_underrated@feddit.org 1 week ago
This isn’t 25 acres. Its 25 decacres which is about 6 acres or 2.5ha or 25.000m2
Liz@midwest.social 1 week ago
Whoops. Point still stands.
Nalivai@lemmy.world 1 week ago
Boy do I have a lifehack for yoy