496: Mike Jordan: Why The Motor City Is Great For Turnkey Cashflow

My guest in this episode is Mike Jordan. Mike is the founder and
President of Strategy Properties. Mike started his first company
at the age of 19, while still a student athlete on a full
scholarship to play basketball at the University of Detroit
Mercy. Following two years of NCAA tournament play, Mike
transferred to the University of Michigan to pursue a degree in
Business Management. His natural-born passions in business have
fueled his competitive drive to set high standards for himself
and his companies.


Strategy Properties, Inc was formed in 2003 with a primary focus
on the construction of new homes throughout Wayne County. Mike's
vision further developed when he came across opportunities to
invest in different segments of the real estate market. Mike
began to take advantage of opportunities with lower calculated
risks coupled with high returns, such as mortgage note purchasing
and the sale of homes that his company renovated.


While in the process, Mike began to buy packages of properties in
and around the City of Detroit, which he converted into
economical, high quality homes.  Due to an increase in
demand for quality homes in Detroit, and the number of home
buyers looking for residual income, Mike realized the tangibility
of Detroit homes as secure investments. His continued investment
into the city’s neighborhoods and building of a trusted team of
colleagues led Strategy Properties to become a key provider of
rental homes in Detroit and Southeast Michigan. Mike’s desires
are to continue the development of investment homes and to evolve
with the ever changing economy and housing market, into the
renovation and construction of residential, multi family, senior
housing and commercial projects.


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Interview Links:


Strategy Properties



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Until next time! Live a life of passion and purpose on YOUR
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M.C. Laubscher