Own a ranch - Need Ideas on how to maximize on rent

[Walid Ajmal]

Hello, 

I purchased a ranch a few years ago because it was very cheap, and I rented it out for about a year; now it's vacant; I want to know how I could maximize my cash flow from this property. I have heard from a few friends that some companies lease properties to turn them into venues for weddings/ parties, etc. Another idea I've heard is that there are mobile home managment companies who can improve your land and sign a long-term lease to turn it into a trailer park.

I want to know if there is someone who has some experience with large lots, 40 acres+, and what I could do with it. It is about 75% flat and has four houses and a pond. It is on a large septic tank, well water, and two electrical meters totaling 400 amps. Zoning is a residential single-family residence. Secluded on top of a mountain with 6 miles of hiking trails in the back with beautiful views. 

I am open to any ideas; please shoot! 

[Bill B.]

Could you place mobile homes, or RV’s or maybe just parking pads for people bringing their own RVs? Subdivide off part of the land you’re not using for someone who wants to build? Rustic tent camping?