You'll create you own name and get income that way, never having to pay a royalty to your franchisor.

It seems like the typical bonus payments are 3-4k per acre + 25% royalties.

Apologies if this should have been posted elsewhere but seemed to fit here....Out of the blue my wife has been approached by an energy firm looking to lease 2 lots that she owns For the express purpose of paying royalties on the mineral rights.

She, herself is also unemployed but stated she receives oil royalties.

I mean it has been the symbol of royalty since back before time was recorded.

Be prepared for royalty and advertising fees to be drafted from your bank account.  

Detail of Income and Expenses2007 Tax Detail Report DatePaid to/received fromUnitMemoPmt/RefMileageIncomeExpensesTOTALIncome$0.00 Rent Received$0.00 Royalties Received$0.00 Expenses$5,287.35 Advertising$0.00 Auto and Travel$0.00 Cleaning and Maintenance$350.00 Maintenance6/16/2007Joe SiedelBasement cleanout and paintingCash$150.00 7/9/2007Joe SiedelOutside painting$200.00 Commissions$0.00 Insurance$125.00 6/9/2007AllState Insurance3 months$125.00 Interest (Nonmortgage)$0.00 Legal & Professional Fees$0.00 Management Fees$0.00 Mileage (Estimated rate: $0.445 per mile)0$0.00 Mortgage Interest Paid to BanksEnterRepairs$2,540.42 5/19/2007Moldstat PlusCC$48.49 5/28/2007Base Board$60.16 5/28/2007Misc Supplies For HousePaint brush, rollers ect..

John, buying/selling mineral rights in a 1031 exchange will work as long as they are perpetual in nature and no royalties are being retained.

Citezens energy has release forms for property owners, instillation contractors, and developers to sign off on ownership of the underground infrastructure to the utility company to effectivly eliminate royalties like mentioned above and also to eliminate contractors from filing property liens due to unpaid installation expences.This discovery leads me to believe the utility is trying to protect their monopoly.

As someone else said don't forget royalties for the franchisor as well as national advertising.