Hey, so as the title says, i dropped out of college because of health problems and other things, i live in a third world country, i am the only son and my father has 3 lands 2 houses ‘one in the capital the other in our hometown’ because of a collapsed economic situation in my country, the salary of my father is 150$ per month, investing isn’t his thing and he keeps his properties untouchable, i was in med school and i have no ideo about investing or what to do with these properties. My father is down to sell a one piece of land for 100k $ , so we can have an income . What is the best thing to do in this situation? If we sell something so we can have cash to invest it or to open a business, is it a good idea? what type of investment or businesses do you suggest?
thank you
Keep doing Real Estate sales. Buy some properties and increase the value, refinance it and do it again in another place. Keep doing it as a full time job, and when you have enough cash flow to hire people, start building a team. From this point you choose how much you want to participate in the business decisions. I hope it makes sense