037: Turnkey Property Management: The State of Detroit’s Real Estate Market

Mike Jordan is the President of Strategy Properties. He is a property manager who specializes in turn-key properties in Detroit. Today he tells me how he likes to conduct business and the reason he does what he does. He has a variety of real estate experience to share and has some wonderful insights on the state of Detroit’s economy and real estate market.

MINUTES MARKERS

00:00 — Introduction to the Big Mike Fund Podcast.

00:22 — Welcome Mike Jordan to the show.

00:55 — Who is Mike Jordan and what does he do?

06:00 — Why you need a “why” in your business model and life.

07:20 — What a standard turn-key operation looks like in Detroit.

11:19 — How to identify a rehab property.

13:00 — The trouble with the data on websites like Zillow and Trulia.

14:08 — How Mike conducts business and why.

18:25 — Happy customer, happy business.

19:40 — Mike’s contact information.

20:18 — The current state of Detroit’s real estate market and economy.

22:40 — Why May is the best time for a property tour in Detroit.

24:32 — Mike’s podcast and why you should educate yourself.

25:40 — Outro to the Big Mike Fund Podcast.

RESOURCES

Strategy Properties

Unique Wealth Education Podcast

Big Mike Fund

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