It's always a challenge to value real estate, especially when it comes to farmland.

After reading Paul Moore's book The Perfect Investment, my perspective on valuing real estate at a professional and investment level was changed dramatically.

So many farmers only think about the dollar per acre amount and not what Paul talks about in his book: "cap rate." Today we're going to unpack cap rate and how that makes a difference when you're valuing real estate. You'll learn how you can put a number all the real estate values that you operate on your farm.