One acre for 19K in HPP

[cynmkolohe]

I was out there last week with a client who took a close look at this lot. Someone has cut down quite a few of the trees on one side already, which was a plus. But, the healing center on the next property was a concern, so it came off our list and we are still looking. That price is certainly getting some attention.

(There are a few other REO and short-sale lots in HPP right now. Will be interesting to see how the next few months go...)

Cynthia Hoskins, R(S)
http://twitter.com/Cynthia_Hoskins

Clark Realty Corporation
http://www.clarkhawaii.com/

[John S. Rabi]

quote:

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Originally posted by PaulW
Ha, good point John, but actually I looked it up and $5,000 in 1985 is about $10,000 now.

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You should double your investment every seven years. You probably used the CPI to arrive at the $10,000 figure.

Aloha,
John S. Rabi, GM,PB,ABR,CRB,CM,FHS
888.819.9669
johnrabi@johnrabi.com
http://www.JohnRabi.com
Typically Tropical Properties
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