Landowner Stories: James Wilcox

Finding the Road to Financial Freedom

James Wilcox’s roots in Belmont County go back more than 200 years, so when he started thinking about selling his mineral rights and royalties, it wasn’t a decision he took lightly. Like many landowners, James had experience with leasing, but selling was new territory. What stood out to him about Gateway Royalty was how simple and straightforward the process felt. After speaking with Brandon and Blaine, he felt comfortable moving forward, and the deal came together quickly.

For James, working with Gateway wasn’t just about selling an asset. It was about creating financial freedom. The proceeds from the deal gave him and his wife the ability to retire young, travel more, and live with less financial stress. Today, James spends more time enjoying his property, riding his motorcycle, and doing the things he loves. His story is a great example of what can happen when landowners have the right information, the right opportunity, and the right partner.

Find out if Gateway can help you gain some financial freedom.

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"The deal I did with Gateway gave me freedom. The ability to retire young. The ability for my wife to retire young. It gave us the freedom to do whatever we want.“

James Wilcox

Belmont County, Ohio

James Wilcox, who owns property in Wayne Township, has roots in Belmont County that go back more than 200 years. His family settled in the area on July 4, 1815, and generation after generation were born and raised in the area.

His family’s history in the region is something James finds incredibly meaningful—and something he knows a lot about.

“I researched my family history in Belmont County, Ohio,” James said. “It took me about five years to do the research and I wrote a book that's about 360 pages long. It includes a lot of scanned documents, images, wills, estates, birth records, and so forth. It's a very comprehensive book.”

While doing this type of in-depth investigation may seem daunting to most people, James has some professional expertise in this field.

“I was a police officer for 25 years with the city of Wadsworth,” he explained. “My experience as a police officer, in investigations particularly, drove me to pursue investigating my family tree. I just wanted to learn more about these people.”

That strong sense of curiosity and the drive to learn more is also what initially led James to investigate selling his mineral rights and royalties.

“I had leased my property, so I was familiar with the bonuses and leasing and percentages on royalties and things like that,” James said. “But I knew nothing about selling the mineral rights. It wasn't something that had crossed my mind initially.”

It was only after receiving letters in the mail from Gateway Royalty and other companies that James began exploring the possibility of selling his mineral rights and royalties—and the opportunities that could potentially afford his family.

“Those offers gave me the incentive to sell the mineral rights simply because I knew it would give me financial freedom,” James said.

To James, “financial freedom” meant the ability for him and his wife of 26 years to live a more carefree life. With that goal in mind, he called Gateway.

“Making the deal with Gateway was easy,” James said. “Speaking with Brandon and then Blaine was easy. We did it all in one day. Brandon drove up to the house here and we sat down and signed the paperwork that same day.”

As a result of the deal with Gateway, James and his wife were able to retire young.

“Gateway gave us freedom,” James said. “They gave us the freedom to do whatever we want to do. We can wake up in the morning and do something different every day. We can travel some place far away if we want, or we can just do little, local things if we want. It's just complete freedom.”

The deal also helped James and his wife eliminate some of the financial stress of everyday life.

“The financial security that came from this deal definitely alleviated the financial stress we had before. We don't have to worry about where the money's going to come from, or if we're going to travel, or how we're going to pay any bills. It just freed us up completely.”
Jim Vaughn

Now that he’s happily retired, James enjoys spending more time on his property and riding his 2002 Harley Davidson Fat Boy.

“I have tons more time to ride. Before, when you're working 40, 50 hours a week, your time is very limited. You may only have one day a week where you can ride. Now, I can ride whenever the weather permits me to ride.”

 

One of his favorite places to go riding is Amish country.

“I love heading down through Amish Country on that motorcycle. It's quaint down there. It's quiet down there. It's beautiful down through there. So it's a great place to ride a motorcycle.”

That’s something he can do a whole lot more of now.

“To me being retired means freedom. The freedom to go places, do things, ride my motorcycle, just do anything that I want to do,” James said. “I wake up and I can do anything I feel like doing that specific day.”

“At the end of the day, this is what it’s all about for us, helping people like James and his wife turn their minerals into real financial freedom and the ability to enjoy life on their own terms.”

Blaine Grace Gateway Royalty's Vice President of Operations
Blaine Grace

VP, Operations
Gateway Royalty

More Stories From Real Landowners

We're changing lives for the better

At Gateway Royalty we offer upfront payment for mineral interests so you and your neighbors can put the cash to work immediately. Read more stories from people we’ve helped to see the impact we’re making in your community.

“When we partnered with Gateway and it gave us the opportunity to do things that we never thought we could. It got us the freedom to do the things we used to dream about.”

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David & Tina Antoline

Belmont County, Ohio

“The idea of a 1031 exchange was a somewhat new one to me and Gateway was very helpful in the learning process for both of us so that we ended up with a very good result.”

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Nancy Deucker

Harrison County, Ohio

“Everything happened the way they said it would. And when something didn’t look right, they didn’t just disappear, they helped fix it.”

Jim & Megan Vaughn

Belmont County, Ohio

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