If you had a million in cash how would you invest it?

[Harris Khan]

Hi everyone, I’m 26 and I’ve been investing in commercial real estate and retail businesses for the last 5-6 years. I got into my field through my family, specifically my dad. Over the last 30 years my dad has accumulated a net worth of somewhere around 20-40 million  by investing in gas station properties, operating the business, adding value by building cash flow, and refinancing / sell to pull equity out, and repeat

he helped me get started in the business by helping buy my first gas station property and businesses in 2018. It was a brilliant deal and turned out better than either of us expected. He purchased the property in cash for $700k. I began to operated the business after a further investment of $200k for inventory and equipment updates.. My dad was able to refinance the property within a few months of purchasing the property and pulled out $600k, then negotiated a deal with fuel brand to brand the site which was unbranded at the time. They gave him $350k cash to brand the site. He got all his money out within a year and was able to get me my first business and property. 

Fast forward 5 - 6 years and now this property will sell for $2.5-3 million on the open market. 

I have also accumulated $1 million + in cash thanks the cash flow from this business and have built up equity of about $3 million in my various properties. I have an income of about $50k/month. 

The reason I provided all this detail is so I can ask how you would invest moving forward if you were in my position? I am looking for advice because I want to move away from the gas station industry as I do not believe in its longevity because times have changed with electric vehicle sales rapidly increasing with no signs of slowing. I would love to hear others’ experiences in hopes of inspiration and ideas for my next venture. 

If you took the time to read this and reply I really appreciate your time and help!