You should not invest on wild *** guesses.Cap rate is pretty basic math, you need an NOI, and you need a price. 

I live in an area of North Texas that is quickly expanding. There are many pieces of commercial land for sale around this area. It seems like the ideal situation would be to buy land and secure a "land lease" with a t...

The basics as I see them are Buy and Hold, Flips and Notes.  

I basically sold my interest in the property.I walked away with 9K and a big head. 

Basically, I feel like I've survived the worst of it and I'm approaching the break even point so I should stick with it to reap the rewards on the other side rather than cut my losses.  8 years in the red, but 20+ years making decent cashflow.Thanks again.Andy

When everything has been verified, I plan to call up Joe and basically say, "Hi Joe.

An interesting article:http://www.housingviews.com/2015/04/30/will-millen...The basic answer?  

Basically just limited by appraisal when completed verses purchase and rehab costs. 

Also, you should be able to do the basic research yourself.

Basically, my line of thinking is "new construction comps are around X sqft, so this new build would have to be X sqft.