173: For years, I’ve wanted to interview a solar energy expert.
Why? Because as land investors, when looking at a prospective deal, we need to be aware of every option available to monetize the property.
(Show Notes: REtipster.com/173)
In some cases, it's as simple as re-selling the land at a markup, but in some cases, vacant land can be held as a buy-and-hold investment that generates a stream of passive income for years to come.
Today, we will talk about one way of generating passive income from vacant land by leasing to a solar developer.
Dakota Malone reached out to me recently to pitch this idea for a podcast episode, and I thought it was a great idea.
Today, I will talk with Dakota about how this industry works, how to determine when this strategy makes sense for a vacant parcel of land, and, as usual, we will pick up a lot of other informative insights along the way.