Diversification to add to your income. Good deal. Let us know with pics when you start operating it.
I will, for sure.
The grove section at the olive ranch will probably never pay in harvesting and producing olive oil.
So, in order to make that part pay, I inquired and found very strong demand and little to no supply on olive trees in the landscaping end, homes and businesses being the market. So, once you look at the demand, and the positives of olive trees as a tree, it becomes pretty clear that it could be very ongoing.
Olive trees are drought resistant and can live for hundreds of years, plus, you may actually get olives off of them.
I did an extensive survey of trees at the ranch, and there's well over 20k trees that are desirable and between 11 and 15 feet in height. Each one should wholesale for $400 -$450.
That adds up.
