Attractions To See in Dowagiac Michigan

Places To Vist -Dowagiac Michigan

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Dowagiac 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 Dowagiac Michigan has to offer.

We asked staff members of the Dowagiac 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 Dowagiac, 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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If you are looking for lease purchase houses Metro Detroit, you are not alone. Many Metro Detroit homes for sale by owners and agents advertise a lease option or "rent to own", but not all of these plans are the same. They are becoming increasingly popular, but you may find that you do not qualify for some.

The power of the lease purchase is that you can get into a home even if you have past credit issues. As long as you have a job, a small down payment or option consideration, and can afford the monthly payments, a lease purchase may allow you to realize the American dream of home ownership.

For those who are interested in lease purchase houses Metro Detroit is a good place to look. At the moment there are literally thousands of Metro Detroit homes for sale. This is good news for buyers, but could be bad news for sellers, particularly those who need to sell quickly to avoid foreclosure.

Lease purchase is a good idea for people with past credit issues, small down payments or for anyone that wants to stop wasting their money on rent and make a real investment in their future. It is also a good idea for people who need to sell quickly.

If you currently own one of the Metro Detroit homes for sale and are tired of waiting for a buyer, you should know that there are unique options to consider. One plan is to help the tenant-buyers improve their credit, making it possible for them to qualify for a conventional mortgage during the lease purchase term.

This is a powerful strategy some real estate investors for lease purchase houses Metro Detroit are using in this current market.

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If you live in Ann Arbor or will be in the area and are looking for something to do, you should make it a point to visit the Ann Arbor Hands On Museum. Instead of visiting a mindless tourist attraction, why not visit an attraction where you can actually learn something. If this sounds like something that you would be interested in , you should read on.

The Ann Arbor Hands On Museum has over 250 exhibits to both educate and entertain you. The exhibits are too numerous to list but I will name just a few. One exhibit is the Lights and Optics Gallery. In this exhibit visitors can explore the world of light including shadows, colors and even lasers. through the use of hands on displays. Another exhibit is Waste to Watts. Here visitors can learn how new technology will allow us to turn waste into usable energy. Learn how methane gas can be pulled from landfills which will reduce our dependence on other fuel sources. In addition to these exhibits there are countless others which are designed to teach you about a wide range of topics from math to nature to physics.

If you would like to visit the museum you can find it at 220 East Ann Street in Ann Arbor, Michigan. Hours are from 10 to 5 from Monday to Saturday and 12 to 5 on Sundays. Admission to the museum kids only $7 but it is free for children under the age of 2. Special pricing is available for large groups. For more information you can call the museums information line at 734-995-5439.


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