Most_Scar1671

joined 10 months ago
[–] Most_Scar1671@alien.top 1 points 10 months ago (2 children)

I had some money I wanted to invest and I found a good opportunity. It's not that I don't know what to do with, I do have my ideas but I wanted to hear others who may have more experience with it

 

I recently bought this piece on a discount in a small beach town. I wanted to buy it as an investment asset and the easiest thing would be to resell it. Here're a few more details:

- It's not in the central part of the town but in the suburb area where people are actively building vacation homes, bungalows etc

-The area where it's located is currently being developed including proper road, and communications

-The current state of the land is overgrown grass and bushes.

Here are my first steps:

  1. Obtain the documents - waiting for the proper legal body to issue my ownership documents
  2. The actual land size is 20k ft and I need to split it with the the wife of the previous owner ( will hire a lawyer)
  3. After I pass these legal hurdles I see a 2 options:
  • Clean the land, make it presentable and sell it as a place to build a beach house ( land prices would be a few times higher than what I had bought it for so I can make a nice profit)
  • Clean the land, add a small home and rent it out

I don't really see other viable ideas but I'm happy to hear you out

 

I recently started working as a data engineer. My first projects would be with PowerBI and SQL. I would be able to learn and work with Python, Azure, and AWS in the next 2-3 years. My employer is a large consulting firm and I would be working on projects that would last several months and we'd implement various solutions.

I'm thrilled to have my current job and I'm eager to learn. Meanwhile, I want to have a long-term focus on how I could leverage my experience.

The most obvious career development would be to start my own consulting firm after I have sufficient experience. However, I'm trying to brainstorm other ways I could leverage my experience and build a scalable business in the future. If you have had a similar experience or any ideas, I'm happy to hear from you