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Added on March 3, 2012, 7:32 pmAnyway, let me introduce myself.

I was introduced to this thread by Michael J.

I own 20 acres of land at Lenggeng, Negeri Sembilan. To make the whole story short, it was a durian plantation back then, abandoned for about 10 years, most of the trees are dead. Thinking if I should venture into palm oil. Should I plant palm on that piece of land? Or should I sell it, and purchase cheaper land elsewhere. The land at Lenggeng is worth 80-100k per acre.

Michael J. happened to suggest aquaculture. So I'm doing my best to investigate and/or do my research on this matter.

Let's put it this way. This land was previously owned by my mother, but she gave me the full rights to do whatever I want with the land now.

A little bit of background about myself. I'm 29 years old. US Graduate with B.Engr Computer Engineering, worked for IBM at Rochester MN for 5 years, and received my part-time MBA from University of Minnesota. Came back to Malaysia in November 2010. Since then, I've started 2 of my own businesses, one which is a franchise restaurant outlet, and another recycling (pyrolisis) plant.

Now what I'm trying to do with the land. I'm thinking of "PASSIVE" income, where I don't have to get myself involved, as much as any traditional hands-on businesses. I just simply don't have the time to oversee the day-to-day operations for long term basis. I don't mind spending 3-6 months making sure my business goes on smoothly, but I can't be spending years on it day-to-day as I hope to venture into some other businesses.

So, I'm trying to figure what I should be doing with the land? Please recommend.

Thanks!

Sincerely,
Wilson