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dropped out of college and jobless, seeking advice for selling a land and investing the money or opening a business (alien.top)

submitted 1 year ago by curious_a7@alien.top to c/entrepreneur@indiehackers.space

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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

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[–] DaySwingTrade@alien.top 1 points 1 year ago (1 children)

How many acres? If any or combination of the lands is large enough, you could sell one to finance a cattle, lamb/sheep or chicken operation. Not sure about your country but there are a lot of youtube videos based in US that goes through detailed finances of growing lamb and sheep. It looks decent in profitability.

[–] curious_a7@alien.top 1 points 1 year ago

The one that worth 100k usd is located in an habitat area so morally I can’t lease it to people that would put any animals there . There is another one 3000sq2 where it’s possible to do that . Thank you for your idea i’ll ask more about it