Self-Storage vs. Mobile Home vs. RV Park
ebook ∣ The Best Passive Small Business: MFI Series1, #13 · MFI Series1
By Joshua King
Sign up to save your library
With an OverDrive account, you can save your favorite libraries for at-a-glance information about availability. Find out more about OverDrive accounts.
Find this title in Libby, the library reading app by OverDrive.

Search for a digital library with this title
Title found at these libraries:
Loading... |
There are many options and methods to make passive income from your land. If you own or plan on buying land, this short book is for you.
Today, I present three ways to make passive income from your one-acre lot. Of course, you will have your residence on the lot. However, you can still utilize the land (based on zoning) to build an empire. The ways are:
Self-Storage. You can buy a pre-built barn house that you can rent as storage. Don't worry; there is already a website that does the heavy lifting of finding tenants for you.
Mobile Home. Why not add a rental property right on your land? Yes, dealing with tenants is annoying, but making passive income isn't.
RV Park. You can add RV hook-ups to your land to rent to RV'ers. You can also add an RV that you can rent for short-term or long-term use cases.
Whatever you decide, the end goal is to make money while you sleep, as that is the only way to become rich. Good luck!