I always wanted to pursue an entrepreneurial route and didn't believe I needed to go $30,000 into debt to get a piece of paper to do so.

Account Closed I think that's why we prefer to find qualified accountants and tax strategists instead of a somebody to do data entry into a piece of software.

While a cap rate will give you a general idea of what the market is willing to pay, that a) doesn't make it necessarily worth that to you and b) doesn't mean the seller will accept that price.But the bigger piece is knowing what your return threshold is.  

So, I eventually sold for cash to an investor who moved the home I was selling out of the park and onto their piece of land. 

I have a piece of land that I wanted to build to rent or build to sell. 

Good evening Bigger Pockets People, I am looking to Purchase a piece of Rental Real Estate in the Tri-State Area (Philly, South Jersey, Delaware). 

You could just hire him to build; the PM piece shouldn't be tied to the JV - they get the business if they do a good job and it should be equitable fee's for the area. 

Lake City is a rural area where families will purchase a piece of land then put several mobile homes on it so they can be close together.

Super glad you got your first piece of RE completed and best of luck to you in future projects!

Once you get a piece of property under contract, then you're outsourcing all of the entitlement work to experts and basically managing that part.