30 Years In the Game – Looking to Collaborate on My Latest Land Development Project

[Dale King]

Hi BiggerPockets community,

I've been in real estate investing for over 30 years, and it all started with a $1 million portfolio I put together in my very first year—without spending a single penny out of my own pocket. From there, I scaled that into a multi-million-dollar portfolio and eventually transitioned into NNN investments through several 1031 exchanges when I "retired" the first time.

But as many of you know, real estate has a way of pulling you back in. I jumped back in by buying vacant land at around 10 cents on the dollar and selling it with seller financing to new buyers at about 80% of market value. It’s been a fun and profitable ride, with a few interesting challenges along the way.

One current project is a 3.1-acre parcel in Stone Mountain, GA. It’s zoned MR-1 for 4 to 30 units, with a minimum unit size of just 350 sf—perfect for small footprint housing. The land features beautiful old-growth trees, a stream running along one side, and access to public water, sewer, and electricity. It does come with a couple of hurdles—namely the need for a Quiet Title Action and the fact that part of it lies in a flood zone.

These are the kinds of “glitches” I usually handle myself, but for this one, I’m exploring the idea of partnering with someone experienced in land development, zoning, or legal work around title and floodplain builds.

If this sounds like something you—or someone you know—might be interested in, feel free to reach out. I’d love to connect and explore possibilities.

All the best,
Dale King