How to Make Land Pay for Itself
How to Make Money With Vacant Land…The Easy Way
Many investors sometimes find themselves sitting with a vacant lot, a piece of land, and plan to build on it at some time.
Sometimes people inherit land and aren’t sure what to do with it.
If you are considering selling it and wonder how much you could get for it, you can reach out to my team and we can help you determine the Market Value and even get you a cash offer if you are trying to cash out quickly.
If you want to hang on it to and want to put little-to-no money into improving it at this time, you may be excited to learn about some of the easy ways that you can start to earn money passively with your raw land.
There are a number of different ways to do this, however, in this post I am only going to share the one that is newest and most exciting to me because it has easily brought in multiple short term campers who have all paid me to camp on my land!
This is how to make land pay for itself.
The easiest way to do this that I have personally found so far is by using a website called Hipcamp.com
The neat thing about Hipcamp.com is that you can rent out your land, AS-IS!
I literally just posted a map and some photos of my land and before I knew it I had multiple people renting out spots at my “Campground!”
Within a few months I almost have my taxes for the year paid off.
And I don’t have any improvements on the land, they have to bring an RV or a tent and portable toilet as there is no water or power there.
I will do some improvements for sure, eventually putting a home on it, but in the meanwhile I will probably do some very basic upgrades like putting up some nice signage, building a deck for tents, and adding a porta-potty to open up the market to tent campers as well as RV campers.
The other super useful thing is that they have insurance built-in.
So far my experience using Hipcamp.com has been fantastic so I wanted to share it with all of the real estate investors and land owners that I know.
FYI – I did get a special link to share with for Hipcamp.com so if you sign up and get renters I may receive a referral fee from them. Don’t worry, it doesn’t cost you anything and it does really support the FindYourFlow.com website.
So there is perhaps an easy way to make your land pay for itself.
If you have any questions let me know!
Until next time my friend…Be Flowing!