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Summer 2007 Road Trip - Who Says Land Can’t Produce You Income?

July 9th, 2007 · No Comments

Well we made it to Colorado. It was great starting off on I-10 with an 80MPH speed limit. That comes in handy unless you’re trying to take photos along the way and have to pull off onto the shoulder going that fast. It’s quite an amazing drive seeing the dramatic changes in scenery. Around Austin it’s all hills and oak trees with most places being under 500 acres in size. The next big scenery change is after Ozona, Texas when it starts to be lots of flat areas, rolling terrain and occassional cliffs and large hills that makeup massive ranches that contain over 200,000 acres.

Most of this drive in Texas was extremely green with water everywhere due to the daily storms Texas has been having for the last couple months. Once I got up into New Mexico and Colorado it seems to have dried up quite a bit. Everything was the typical July Brown. Outside of Santa Fe the terrain continued to get more and more rugged with incredible reds and oranges in the sides of cliffs.

Just as we got across into Colorado the forests got much taller and greener. There were rolling fields with thick grasses and amazing views for miles of mountain tops rising right up through the high clouds above. It was an awesome sight.

From Texas through New Mexico and into Colorado there were many tracts of land with new oil production, wind farms, herds of cattle, crop production, signs marketing recreational services offered, and then there is always appreciation. I always have people asking me if they can find any land that is income producing. This was a great drive to illustrate that if you work hard enough you can make your land produce income for you.

What types of land have you seen people use to create a revenue stream for themselves? What did they do with the land to make money from it?

Stay tuned for other posts over the next few days about different aspects of rural real estate from this road trip…

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Tags: TEXAS · RURAL REAL ESTATE INVESTING · COLORADO · NEW MEXICO

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