Any time you own property that sits on valuable natural resources, you can sell the mineral rights to a company willing to extract those resources. While this is often referred to as ‘mineral rights,’ it can be anything from precious metals like gold, silver, and copper to coal, diamonds, and oil. It may seem unlikely to be sitting on land with valuable natural resources, however, people who own mineral rights often look for buyers to turn their stream of income into one large pay-out.
If you have the capital, you can buy seller’s rights, start collecting payments, and earn a significant return on your investment. These types of deals can be very competitive so do your due diligence to know exactly what you’re buying.
Another alternative to mineral rights is extracting valuable resources above ground, e.g. timber, fruits, vegetables.
Sven Franssen