Things To Do in Dowling Michigan

Places To Vist -Dowling Michigan

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Dowling Michigan is the home of many splendid things — we know it, because we live here. Beautiful scenery, majestic lakes, fabulous food, quirky locales and hidden gems just barely scratch the surface of what Dowling Michigan has to offer.

We asked staff members of the Dowling Press to share some of the best things to see and do in Michigan, based on our personal experiences. Here are 50 ideas you may want to add to your bucket list if you visit Dowling, MI.

Think we missed something? Add your bucket list item here and be sure to explain why it’s great.

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Indianapolis and Detroit are popular markets for real estate investors due to affordable prices and good cash flow. Both markets offer strong ROI, but with very different risk/reward factors. Investors choosing between the two markets must consider their long term hold plans and risk tolerance.

Investors are drawn to Indianapolis for good, stable cash flow while others are flocking to Detroit betting on future equity appreciation. Detroit home prices dropped 60% from their peak level in 2006 and many investors are banking on values to come back. The law of physics doesn't necessarily work in reverse however, and what goes down doesn't always go back up.

Detroit's housing woes were not caused by overbuilding and appreciation like Phoenix, Las Vegas and Atlanta. Instead, Detroit's housing market collapse was a result of major job losses in the automotive industry. Detroit has lost 323,400 jobs since 2005 and has one of the highest unemployment rates in the country. Although the auto industry has shown signs of recovery and home prices seem to have stabilized, the economic recovery remains fragile and uncertain. Home prices remain 40 percent below peak levels. Vacant properties make up 23 percent of the total housing and the city has about 30,000 vacant homes.

Conclusions

Indianapolis and Detroit both offer attractive return on investment opportunities to investors, however, with very different risk-reward levels. Both markets offer comparable cash on cash returns. The difference is in the future upside equity potential.

Detroit is best suited for the more speculative investor seeking to maximize their ROI through the potential for future equity appreciation and can tolerate a higher risk factor.

Indianapolis is well suited for the more conservative investor that is looking for strong, stable monthly cash flow and preservation of equity. Local Market Monitor, Inc rated Indianapolis as the 3rd safest market for conservative real estate investors.

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Detroit investment property opportunities are more prevalent than at almost any time previously. There are many reasons for the growth of ways you have to earn money on real estate in the city of Detroit. You can start with relatively small amounts of money. You can grow your funds, even if you have never done this type of investment before.

There are several things that you must keep in mind in order to profit from this type of investment. These might be buying the right type of property, knowing what the market rates are, finding good renters or buyers and managing the day to day operation of your business. You should do your homework and learn all you can about the industry before risking your funds.

Deciding on your investment goals first will help you determine the best choice of property. You should always be aware of cash flow as well as price. Finding a competent tax accountant will help to take advantage of all the Detroit investment property tax breaks. You can flip property for quick returns or you can invest for long term growth.

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  • From The Ashes Of The Detroit Housing Market

Michigan is the 38th state to take up a state wide smoking ban in restaurants. Not only will you not be allowed to smoke in restaurants, but any public place that employs people. This applies to places such as malls, concert halls, nursing homes and anyplace else that serves food or beverages or employs at least one person. For years, non-smokers have been complaining about the effects of second-hand smoke. Second-hand smoke has been proven to cause many diseases, including lung cancer and upper respiratory infections. Waiters and waitresses have been trying to get away from second-hand smoke as well as patrons.

Unfortunately, the best viable option is for the smoker to take a good look at their health and situation and try to quit smoking. Kicking the habit will afford many benefits to a person's health. Easier breathing, less colds and infections, and healthy lungs, to name a few. Over 5,000 Michiganians lose their life each year due to tobacco. Health care costs are soaring. Michigan's ban on smoking will help drive down these costs for non-smokers who previously were exposed to the second-hand smoke.


Detroit Michigan Attractions & Places To Stay