Make money where it can be made so you have money to do thinks you care about.
Everyone doesn’t have the skill to earn big money, if you set of that path, it’s the best way for you to make large scale impact
Both your professional skills and your bank balance are growing exponentially , don’t leave it
Easy option, rent it out
Medium difficult option - co working, self storage, office storage
We can’t help you because neither do we know area needs not your skills and experience and you full time job
A commercial building in downtown manhatten is very different from one in rural texas And a owner in a very busy high paying job is different from one who has years of experience working at a car detailing store
If you do hyperlocal…atleast share where you are e
Bunch of questions
How old are you?
Why are you in a dead end job? Did you goto college? Can you goto college?
What city / type of city would you buy this house?
The most important thing to do is to get out of your dead end job lifestyle.
I would park 200k with the financial planners plan and invest 50k to either learn / upskill / goto college or buy a running business .
I won’t touch the 200k till i can pay my bills.
Whatever you do, DONOT buy any course you see from any ad that is being shown to you ( I know you are already thinking)
Take a one week vacation from coding. And figure business out
You are doing just fine
Lots of advice already …here is mine
Let’s convert the 300k debt into the monthly payment
Say 6000 dollars a month x 5 years
Now add your rent
And add 4 salaries
This will be your monthly fixed - let’s say 12k dollars or 400 dollars a day .
If 50% of your income goes to this 20% to food cost , 15 percent to randomness then 15 percent is profit So
Can you sell 800 dollars a day / 80 customers
Is 3000 dollars a month good money for you to take home
Are the numbers above accurate
Where will you spot the 12k monthly in the months where you don’t achive this .
If you go ahead, do basic interiors, spend like 100k . Do great food , more than the coffee.
Do epic marketing and come here and show us your marketing plan
Co working space 100%
You get more energy, more people, you see more action , it motivates you to work more, bounce ideas,
Its the best money you can spend
My accountant is just focused on meeting government deadlines. I wish I got data on growth, why customers haven’t bought for 3 months, etc.
He said pay me 2x to do this MIS
What was the action that changed their direction after which there was no looking back? - finding a mentor, getting a big ticket client, inventing something