Show Notes: https://retipster.com/173-dakota-malone/?utm_source=youtube&utm_medium=social&utm_campaign=podcast&utm_content=tpE0V-Vk2j0 Interested in taking the first steps towards land investing? Take my free 5-day course here: https://welcome.retipster.com/5-day-email-course/?utm_source=youtube&utm_medium=social&utm_campaign=podcast&utm_content=tpE0V-Vk2j0 Join Our Community: https://welcome.retipster.com/newsletter/?utm_source=youtube&utm_medium=social&utm_campaign=podcast&utm_content=tpE0V-Vk2j0 For years, I’ve wanted to interview a solar energy expert. Why? Because as land investors, when looking at a prospective deal, we need to be aware of every option available to monetize the property. In some cases, it's as simple as re-selling the land at a markup, but in some cases, vacant land can be held as a buy-and-hold investment that generates a stream of passive income for years to come. Today, we will talk about one way of generating passive income from vacant land: by leasing to a solar developer. Dakota Malone reached out to me recently to pitch this idea for a podcast episode, and I thought it was a great idea. Today, I will talk with Dakota about how this industry works, how to determine when this strategy makes sense for a vacant parcel of land, and, as usual, we will pick up a lot of other informative insights along the way. 0:00:00 Intro to Solar Energy in Land Investment 0:03:11 Dakota's Solar Sector Experience 0:08:32 Solar Terms & Power Production 0:12:39 Solar Suitability by Location 0:16:09 Landowner's Solar Energy Guide 0:19:04 Assessing Solar Lease Potential 0:24:55 Prepping for Successful Solar Projects 0:33:26 Rhode Island Carports as Solar Tools 0:42:04 Benefits of Solar Panels 0:44:54 Wind Energy & Rhode Island Legislation 0:53:00 Seeking Land for Podcast Listeners 0:54:40 Solar Land Acquisition Process 0:57:41 Renewable Energy Collaboration Opportunities #solarenergy #solarenergy #solarpower #solarpowerstation #landinvesting #solardesign #solarpanel #retipster #retipsterpodcast 1:01:52 Solar Tips for Land Flippers 1:06:05 Future of Solar Energy Growth