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Passive Income From Your Ranch
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<blockquote data-quote="Doc Hitchcock" data-source="post: 1830540" data-attributes="member: 43475"><p>Passive income requires context applied to hobby farms as well as vast working spreads. Any earned income is the yield of some planning, time, labor, and resources. And an element of luck at times. There are some possible ventures that can supplement income with minimal outputs though.</p><p></p><p>Have an woodlot that needs proper intervention/management? Due diligence and consultation with a County Ag. Extension Agent, may produce ethical sources to improve the health of the woodlot and provide a little cash. Very possible to clean up enough firewood afterwards for home or modest resale venture.</p><p></p><p>Pollinators need all the help they can get in creation/restoration and preservation of sustainable habitat. Partnership with beekeepers may be a source of modest 'passive' income. Provide/improve the appropriate habitat and rent space for beehives or an apiary. Some 'free' honey may be part of the bargain too.</p><p></p><p>Talk with local 4H and high school agricultural representatives. Could be, there is a young person that has the motivation and work ethic to explore animal husbandry, and/or sustainable agriculture/gardening. Maybe they just need a proper "place" to start their journey under club or class supervision. If, in the process of learning and caring for their project(s), you can gain just a little help in caring for your own. Not all returns on investment are paid in cash and coin.</p></blockquote><p></p>
[QUOTE="Doc Hitchcock, post: 1830540, member: 43475"] Passive income requires context applied to hobby farms as well as vast working spreads. Any earned income is the yield of some planning, time, labor, and resources. And an element of luck at times. There are some possible ventures that can supplement income with minimal outputs though. Have an woodlot that needs proper intervention/management? Due diligence and consultation with a County Ag. Extension Agent, may produce ethical sources to improve the health of the woodlot and provide a little cash. Very possible to clean up enough firewood afterwards for home or modest resale venture. Pollinators need all the help they can get in creation/restoration and preservation of sustainable habitat. Partnership with beekeepers may be a source of modest 'passive' income. Provide/improve the appropriate habitat and rent space for beehives or an apiary. Some 'free' honey may be part of the bargain too. Talk with local 4H and high school agricultural representatives. Could be, there is a young person that has the motivation and work ethic to explore animal husbandry, and/or sustainable agriculture/gardening. Maybe they just need a proper "place" to start their journey under club or class supervision. If, in the process of learning and caring for their project(s), you can gain just a little help in caring for your own. Not all returns on investment are paid in cash and coin. [/QUOTE]
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