Michigan investment - News


Michigan bets big on batteries: $300M in tax credits to spur new jobs - The Detroit News
Michigan bets big on batteries: $300M in tax credits to spur new jobs - The Detroit News My TV20 DetroitMichigan bets big on batteries: $300M in tax credits to spur new jobsBut she said the Michigan tax credit will give the company a decided edge in the application process. "Certainly it would be a challenge (without the federal funding)," Wright said. "We have the Michigan investment, the customers, the manufacturing LG Chem's Michigan battery plans counteract criticism of General Dow battery project looking at Bay region or Detroit for site

Credit Suisse lures venture capital conference to Michigan - Michigan Business Review - MLive.com
Credit Suisse lures venture capital conference to MichiganCredit Suisse is managing another $75 million - a piece of the $300 million Invest Michigan Growth Capital Fund - designated for Michigan investments. The global investment firm is soon expected to make the final investments from medc's VC programs

State of the art film studio coming to MI - ConnectMidMichigan.com
State of the art film studio coming to MI - ConnectMidMichigan.com Detroit Free PressState of the art film studio coming to MI“As a result of our aggressive film incentives enacted just a year ago, we are not only bringing new investment to the burgeoning film production community in Michigan, we are putting in place the infrastructure for an industry that will support ALLEN PARK: $146M film studio could get the green light on Tuesday

Moody’s cuts Fifth Third ratings - Bizjournals.com
Moody’s cuts Fifth Third ratingsMoody’s lowered Fifth Third’s issuer rating to “Baa1” from “A2,” Moody’s third-lowest investment grade. Moody’s also lowered the long-term debt and deposit ratings for the bank’s Ohio and Michigan units to “A2” from “A1.” “Fifth Third operates in Who's Next After Fifth Third Downgrade? Fifth Third gets socked with fine

Delta College to offer degree in wind turbine tech - Chicago Tribune
Delta College to offer degree in wind turbine techDelta College in Saginaw is introducing a two-year degree in wind turbine technology as Michigan seeks to increase its investment in wind power. The associate's degree in applied science was approved Tuesday by the college's board of trustees.

Credit Suisse lures venture capital conference to Michigan - Michigan Business Review - MLive.com

The conference will effectively expose some 300 investors - most of them from outside Michigan - to the state's entrepreneurs and investors.

Michigan entrepreneurs and venture capitalists often complain that the state has a tough time attracting attention from coastal investors.

"We really felt like Michigan had done so much to create an environment that's conducive to new managers starting up and focusing on regional investing that it would be a great idea to do it in Michigan," said Kelly Williams, managing director of Credit Suisse's customized fund investment group and head of the Michigan operations.

Credit Suisse's three-year management of the Michigan Economic Development Corp.'s two venture capital funding operations is drawing to a close, but the firm's role in boosting the state's VC industry will last for another few years.

Credit Suisse is managing another $75 million - a piece of the $300 million Invest Michigan Growth Capital Fund - designated for Michigan investments.

Which city in Michigan has the highest return on investment for real estate?

I am trying to find some charts and graphs that show real estate trends in Michigan for the past 10 years.


http://www.forbes.com/2007/01/25/strongest-housing-markets-forbeslife-cx_mw_0125strongestlosses_slide_2.html

forbes basically says that MI (Detroit in particular, but the state as a whole) is expected to have one of the greatest losses in
ROI (real estate) country wide....

you can also check Zillow.com by zip code or state for price trends going back for the time period your looking for.

In Michigan is buying a fixer upper home in a decent area & reselling or renting it a good investment?

I am getting married in 3 weeks and my new husband and I are looking to start some investments together. We have the talents and resources to do most of the work in home improvement stuff ourselves. With the housing market so down in Michigan I am just wondering if fixing up and re-selling is a good idea. We could also try purchasing a couple homes to rent. Is this a good idea or would other investments be better?


Rentals might be a good idea, try to buy the houses at tax sales. Usually the person who owns this has died or has no more interest in them. Check it out with the court house.

Land is the better investment, and renting of storage units. That is growing, and their is very little maintenance to it.

One other idea, buy a house live in it as you fix it up, and when you get it fixed up like you want sell it. Hopefully the time would have past that you don't have to pay capital gains on it.

What is a appropriate interest rate for an investment property in Michigan with 20% down payment?


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