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use enhancement: Highest and Best Use, part 2 - 07/08/07 09:04 PM
My philosophy is pretty simple. You want to build wealth you don't have to steal the property.
There is a lot of under-utilized real estate out there. It is NOT being used at it's HIGHEST and BEST USE.
Pay market value for it in its current use and enhance its value by changing its use.
That big strawberry field about a block south of Disneyland is an obvious example. For over 50 years that property has not been producing the kind of income it could have if it had been employed at its highest and best use. Can you imagine the millions of dollars … (8 comments)

 
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Bill Roberts - "Baby Boomer" Retirement Planner

Oceanside, CA

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Brooks and Dunphy Real Estate

Address: P.O. Box 712501, San Diego, CA, 92171-2501

Office Phone: (619) 244-4610

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