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Investor Army Podcast


Aug 24, 2017

In this episode, we talk about turn-key rental properties. Turn-key rentals are a great way for new investors to get in the business. Detroit rental homes are one of the best investments in the country right now and Detroit is quickly becoming a new favorite location to own property for many investors around the country at the moment.
Detroit turn-key rental provider is exploding right now under the direction of Mike Jordan. Mike and his team are doing around 30 turn-key rentals a month helping real estate investors around the country with limited time get big time cash flow by providing a high-quality turn-key rental product. They handle the entire process from the acquisition, rehab, finding the tenant, and managing the property on the back side.
Mike shares with us a ton of valuable information, so make yourself comfortable and enjoy while listening to this episode!


Strategy Properties –  www.strategyproperties.com

 

Show Notes

00:00 – 01:53 Introduction

01:53 – 03:36 How Mike got into the business and what kind of company he owns?

03:36 – 08:32 What is a turn-key rental property?

08:32 – 11:12 Pricing for a property management and what is included in service?

11:12 – 19:00 Opportunities in Detroit, what can you expect, usual price points?

19:00 – 25:39 How organize your turn-key business and to find deals?

25:39 – 28:44 Bus tours and personal tours.

28:44 – 31:44 Process of purchasing a property.

31:44 – 33:54 Ordering process.

33:54 – 36:36 Typical property type