I want to use my money I get from a job on something that can make me more money, not some crap that lasts one year... What can I do to research and actually get some land? What could I buy with say 50k?
Thanks to the above posters. I looked up little on buying land to lease off for environmental power like wind or geothermal heat... anyone know more about this? I think this would be a pretty good investment
I don't know much specifically, but make sure you do your research.
I've heard about great deals where people who own solar panels were selling electricity back to the electric company at a rate twice the amount that people pay for it in some cases.
It'd be expensive to set them up at first, but pretty easy to maintain. And that's about as passive as it gets when it comes to income.
Thanks to the above posters. I looked up little on buying land to lease off for environmental power like wind or geothermal heat... anyone know more about this? I think this would be a pretty good investment
Comments
^Try this.
I've heard about great deals where people who own solar panels were selling electricity back to the electric company at a rate twice the amount that people pay for it in some cases.
It'd be expensive to set them up at first, but pretty easy to maintain. And that's about as passive as it gets when it comes to income.
Please come over to The Great Outdoors forum http://www.totse.info/bbs/forumdisplay.php/33-The-Great-Outdoors and make a specific thread, I've got tons of info on alternative energy stuff.