Depending on the location growing fruits can generate into passive income. The trees need maintenance only in the first few years. Later they just yield ensuring good provfits.
Income from Farms
- Thread starter bestwriter
- Start date
- Thread starter
- #3
That is understood. No passive income without effort surely. But the trees will yield year in and year out
Investment into agriculture can be a very good source of passive income. Especially when you grow fruits that can yield long term gains. You will need to put effort the first few years, but once it is established, you will just do maintenance once in a while and harvest for long.
- Thread starter
- #6
As long as you consume those fruits that should be fine but a bumper crop of fruits does cause concern.
You must be selling grains then.
We always sell surplus grains, we sell rice and corn. We grow wheat just for ourselves. We also sell legumes. I don't stay in my farm but I bring my produce to my city apartment.
Trees have been known to generate passive income for people that own them. In today's world where everything has a market, fruit bearing trees are used to make some passive income. Might appear little and infrequent but it is something.
I agree with you. In my grandmother's yard, she has a lot of mango trees. Now, it is the summer season, and we are expecting to harvest them soon. However, my family and I cannot go there anymore due to a family feud. Besides, my grandmother just died three months ago. Thus, there is no point in visiting her hometown at present.
I think that owning a farm can help a person to build substantial passive income. Even for other kinds of crops, they can fetch you money if you have money to invest and let people manage it for you.
Fruit trees are sources of passive income. And they can generate that income for over a decade.
Sounds like a good idea to generate passive income. But I live in a city. No way I can earn money this way. If I have a farmland, I will for sure pursue this idea.
Earning from farms is one source of side income. It would give you food and you can sell some still.
Farming requires a lot if experience because farming is a really complex activity. You just can't insert a seed into ground and expect to grow a farm. You have to make sure you use fertilizers in the right manner. You have to use machines in the right manner.
You can earn passive income from your farm by selling tree-bearing fruits and other fresh produce.
