Hey all, my wife and I have 27 acres worth about $275k in Columbia, SC. It’s not a great piece of land to build multiple homes on so we’re considering selling the land for cash and buying a property to flip and sell. After flipping and selling a property, the idea is to flip and sell other properties and try to grow a business. I work under my dad who is a General Contractor and I have access to tons of subcontractors and wouldn’t have to hire a GC to do the job. We would also love to possibly flip/sell a few and then keep some in the future as rental properties.
Are there better business opportunities that I should consider instead of real estate? Are there businesses worth investing in/opening that are starting to grow now? It would be in the Columbia, SC area.
We don’t really want to invest in stocks or crypto; we want to invest in something physical and tangible.
Thanks for your thoughts.