Things To Do in River Rouge Michigan

Things To Do -River Rouge Michigan

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River Rouge 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 River Rouge Michigan has to offer.

We asked staff members of the River Rouge 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 River Rouge, 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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It can be very cold in Michigan during the winter months. You will want to be sure to have some warm cloths packed away to make sure you will be able to keep warm.

Michigan has many historic and fun places for vacationers to visit. From the campus of the University of Michigan in Ann Arbor to the wonders of the Upper Peninsula there are unlimited tourist attractions, events, great restaurants for you to visit.

If you plan on spending a large amount of your time outdoors on your vacation they you will have to make your vacation destination somewhere in the State of Michigan. If so many things to do outdoors you will not want to miss out of what the state has to offer. Take your family on a vacation that they will not soon forget.

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Reason # 1 The Motor City

Maybe I'm a little bit biased since I come from Detroit, but I think that Detroit is a great reason to visit Michigan. Ignore, for a moment, the decrepit old houses and deteriorating neighborhoods, and think of the city's rich, vibrant culture and historical landmarks. Detroit is home to "The Big 3" and "Motown" after all. I don't care how much negative press you've heard about the city, don't tell me that you haven't driven a Big 3 car or been in love with a Motown song. The city's current decline is certainly no reason not to visit. Just be sure to keep your doors locked.(That was a joke, by the way).

Reason # 5 The Sports Teams

So, the Detroit Lions haven't done so well in the past few years. The Tigers almost made it to the World Series this year. The NBA is in the middle of a lockout, so we won't mention the Detroit Pistons. The Red Wings are probably the most consistent team we have, and although I don't follow hockey, it seems like they're winning the Stanley Cup every other year.

Plus, there are all of the college teams - the Big House (University of Michigan) is one of the most popular sporting venues in the country.


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