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Way #3-Mineral Interst
Big money is made in air, water, gas and oil every day from property. It is very easy to acquire the rights to these items from people who need money now and are uncertain if those rights will ever turn into cash.
Just to give you an idea, between 2000 and 2010, fracking became really popular in the natural gas industry. It basically made obtaining natural gas possible in areas that would be anoth hundred years before it could be extracted under previous methods. Areas like North Texas, and parts of the Eastern foothills of Colorado saw an explosion of companies scrambling to buy or lease these rights. In order to extract the natural gas at near record prices.
Today, gas prices have fallen off, there are far more wells producing, and the value of these rights has dwindled....OR HAVE THEY?
Not really! Now that mineral rights have become the laymans terms for hidden money under your home, properties that sell with these rights will bring 1-4% more at closing than properties without these rights.
But what about mineral rights that were sold off years ago? If they are owned by an individual, trust or investment company; you may still be able to quire them. The profits may be lower. But you could still earn profits none the less. The math behind this is extensive and very complex. But as an owner of separated mineral rights, here in Texas. I have reaped the financial rewards in my efforts and patience for development of these interest.
Once again this is where sound legal advice and solid research pays off. Just because a seller says they are including the mineral rights, you will want to have the rights verified. Often, especially in states that had mineral rights for decades, families would deed off the mineral rights to a trust or to a neighbor to pay a debt. There is one notable family in North Texas, where the heirs of the patriarch actually inherited mineral rights in over 14 counties, spanning parts of 80,000+ acres. My sources tell me that researchers still have yet to determine the extent of this one families mineral ownership in North Texas.
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