Various Tips For Real Estate Owners Wanting To Lease Their Land
Posted on Jun 09, 2010 under General | No CommentIf you are a land owner, you may want to know some tips for real estate owners wanting to lease their land. There are many different ways to lease out your property, and you should explore your options before you move forward with this idea.
Some people may approach you to lease your land for them to plant and harvest crops. This is an excellent way to make money, as your land is going to be tilled, used to produce food, and in the end it should prove to be more valuable than it would have been just sitting there as an empty lot. There may even be some talk about exchanging some of the lease price for the finished product. If a farmer is going to lease your land to grow corn, you may exchange some of the ripened corn that he harvests in the end for a return on some of his money.
A billboard company lease may be a fine way to make a monthly profit. The billboard company will make a profit, too, of course. But in this instance, your land would need to have road frontage with lots of traffic that would be reading the billboard. It must make sense for this company to place their billboard opportunity there, and in turn, it will make sense for another company to take advantage of that billboard spot and advertise there.
If you are in a remote area, you may contact some cellular phone companies who may want to use your land to build a tower. These leases are typically ten to twenty years.
If you find someone who would like to build on your property, this may be an excellent opportunity for you, as well. A person may have a business where they need to place a building in the area where your land is. The business owner will need to know if this is a commercially zoned area, or if it can be changed to accommodate him.
This is an excellent opportunity, because when their lease is over, the building remains. And you, as the land owner, now have a building to rent out. This is a chance to increase your income on the property for many years to come, providing you maintain this building.
Others may desire to lease your land for hunting or camping, if it is conducive to these types of activities. They may even start a camp and charge others to stay there. This brings up the mobile home idea. You can lease your land to people with recreational vehicles and mobile homes, provided you either have them e self-sustained, or you provide well water and showers, and so forth. There are many great opportunities when you look into tips for real estate owners wanting to lease their land.
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