Ray A. Fox, Licensed Realtor
INVESTING IN LAND
XC
TIN
G.
E
QUESTION: What is the key
to a good land investment?
ANSWER: One of the nice
things about investing in land is
that it rarely presents manage-
ment problems. However, since
it will produce no income, it
should be bought only if you are
financially able to carry the debt.
If you prefer to pay taxes on a
long-term capital gain, rather
than ordinary income, then land
can be an attractive investment.
The key to a good land invest-
ment is predicting land needs of
the future. Here is where the ex-
perience of a good, local Realtor
comes in. He has intimate
knowledge of community needs,
and can forecast the best areas
for growth potential.
THE KEY TO A GOOD LAND
INVESTMENT is predicting
the need for that land in the
future.
Please Phone
Ray A. Fox
or drop in at
CRANBROOK
ASSOCIATES, INC.
32440 Franklin Road
Franklin
Phone: 626-8700
Presented in cooperation with
ell. CHASE
Chase Manhattan of Michigan
Philip Spina, Vice President
Bloomfield Hills: 313.645-6466
..
11
P A
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S pring merchandise
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w
The annual Hatikvah Sum-
mer Singles Mission to Israel
is slated July 26-Aug. 6. The
mission is open to men and
women age 25-40.
Sponsored nationally by the
United Jewish Appeal and
locally by the Jewish Federa-
tion of Metropolitan Detroit,
the mission will provide par-
ticipants with the opportuni7 --
ty to visit museums and
historical sites, float down the J,
Jordan River, ascend the
Golan Heights, see the artists
colony in Safed, go on an ar-
cheological dig, attend a Kab-Li.
balat Shabbat service at the
Western Wall, meet kibbutz-
niks and new Israelis, tour
Jerusalem and visit Detroit's
Project Renewal sister city of
Yavne. Entertainment, lec-
tures and outdoor sports also
are on the tour itinerary.
Cost of the mission for '
Allied Jewish Campaign con-
tributors of $500 or more is
$1,730. It includes accom-
modations at five-star hotels,
round-trip airfare from New
York and most meals.
A recruitment meeting wiL
be held 7:30 p.m. June 10 in
the home of Young Adult
Division president David
Victor.
For information about the
mission or directions to the
meeting, call Rick Krosnick,,-
642-4260.
Singles Slate
Toledo Trip
I I
NOW ONLY $169.88
BRAUN INORELCOELECTRICSHAVERS
New
Summer Clothes
Arriving Daily!
Singles Plans
Israel Mission
The Temple Emanu-El
Singles Group (21-45) has
scheduled a trip to Toledo to
see the Toledo Mudhens (tho
Detroit Tigers farm team)
play June 28. Singles will <
travel by bus to Toledo, arrive
early to watch batting prac-
tice and get autographs j
before the game. The
festivities will begin when
Temple Emanu-El's Cantor
Rose sings the national c'
anthem.
The group will leave the
rIbmple Emanu-El parking lot
at 11:30 a.m. and will return':
6 p.m. The cost of the outing
includes the bus ride, game
ticket and a snack pack.
Single parents and their
children are welcome.
For reservations by June
15, call June Reed, 771-4197. ,=,'
Solo Plans
Shabbat Dinner
Solo will host Jewish single
parents 7 p.m. June 12 at a
Shabbat dinner. There is
charge.
For reservations by June
10, call Barbara Berlin,
661-5700.