Investor Blog Articles
Why Invest in Real Estate in Pontiac, Michigan?
March 13, 2009 by Jerry · Leave a Comment
We believe Pontiac, MI to be a gold mine for our investors holding property for long-term growth and appreciation. Pontiac has a population of 67,000 and is located in the heart of Oakland Co, which is one of the wealthiest counties in the country. Below is some information and website links about Pontiac:
Pontiac is a city experiencing a structural and cultural urban renaissance. The perfect blend of old and new, the city is attracting investment as new shops, restaurants, and a growing number of high tech Internet firms sit next to historic buildings that are as majestic and proud as the Native American chief for which the city was named.
Corporate expansion, a high-tech explosion, tightly knit business and a great quality of life complete with lakes, parks and other recreational activities make Pontiac a wonderful place to live.
Why Pontiac? - Business Advantages
The city of Pontiac has a Downtown Development Authority (DDA), Tax Increment Finance Authority (TIFA) and Economic Development Corporation (EDC). In 1997, Pontiac became the first city in Oakland County to establish a Brownfield Redevelopment Authority. These agencies are available to assist businesses interested in locating and/or expanding in the city of Pontiac.
Additionally, the quality of fiber optics has increased in Pontiac, especially around the areas of Woodward Avenue and North Saginaw Street. The infrastructure creates the perfect home for the kind of pre-IPO companies you read about in newspapers every day - highly successful, highly competitive, high-tech corporations poised on the edge of phenomenal growth. A Pontiac location can help these businesses succeed and contribute to future success in this fast-moving industry.
Pontiac in the news:
Pontiac wins big on NCAA contract
Exclusive three-week coverage timed perfectly for launch of new vehicles.
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Equity Services, LLC acquires distressed properties, fully renovates the properties, puts renters and property management in place and sells them for under $50,000 to investors who are looking for turn-key, positive cash flowing rental properties with equity.