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Ridin' The Range
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- Sep 23, 2012
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I'm constantly thinking of ways to make a little extra money on my future farm. I had a good idea recently and wanted to know people's thoughts, and see if they've done it. Obviously I'm not trying to get rich, just find ways to pay for the farm and have a little extra money for fun.
Here's the idea; I would take a few acres of land that I don't use, and let people "rent" the space. For say, $25 per month, they could rent 100 square feet of space or so. I haven't figured out price yet; obviously it'll depend on circumstances when I actually get my property. And there could be "premium" rentals, where they can get a year's rental for only $200 or something, and if they did this option they'd also get access to a certain amount of organic compost produced on-site. Then they could use this space to grow their own plants.
What do you think of this idea? Let me know!
EDIT: Theoretically, if I took one acre, divided it into 100 square foot plots, and rented each one for $25, I could make $10,890 each month. Obviously I'm not going to make nearly that much, (I probably won't profit at all), but it's a nice thought.
Here's the idea; I would take a few acres of land that I don't use, and let people "rent" the space. For say, $25 per month, they could rent 100 square feet of space or so. I haven't figured out price yet; obviously it'll depend on circumstances when I actually get my property. And there could be "premium" rentals, where they can get a year's rental for only $200 or something, and if they did this option they'd also get access to a certain amount of organic compost produced on-site. Then they could use this space to grow their own plants.
What do you think of this idea? Let me know!
EDIT: Theoretically, if I took one acre, divided it into 100 square foot plots, and rented each one for $25, I could make $10,890 each month. Obviously I'm not going to make nearly that much, (I probably won't profit at all), but it's a nice thought.