Jan 29, 2019
Mike Jordan is a Detroit native with $100 million in transactions under his belt. He started in real estate on the construction side, before becoming a property manager and then a broker. Now, he helps investors from all over find great deals in the rebounding Detroit market. On this episode, he shares how his firm Strategy Properties looks for the path of progress in Detroit, the due diligence investors need to take when buying out of market and how to find the right team to be your boots on the ground.
Key Market Insights
Bull’s Eye Tips:
Winning Your Market: Work with people of integrity
Tracking Market Changes: Boots on the ground
Daily Habit: Reviewing Flow of Inventory and KPIs
Best Business Books:
Traction by Gino Wickman
Use keywords when putting contacts in his phone
“The right team managing the property is important”
“If you’re not going to hold a property for 5+ years, turnkey isn’t for you”
“Buying paper returns is the biggest mistake investors make”
Places to Grab a Bite:
Connect with Mike:
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