going to approach your investments such as deciding which types of properties you want to target and at what price range. Once that’s been set, look for the exact investment strategy you think would most likely drive you to your winning game plan. For instance, if you happen to have more than one property, you could rent out the other instead of leaving it vacant. In that way, you could have a somewhat steady cashflow. You never know, your property’s value may appreciate over time where you can eventually list it for a hefty profit. There are numerous ways to invest in real estate. Having the right attitude goes a long way. PARTNER WITH PROFESSIONALS Despite being new to the field, you will eventually find that work - ing with professionals, licensed or not, can be just as advantageous as
becoming one. It may be true that not having a license means that you have to constantly rely on others, but it is completely possible to work with talented professionals that bring your investment ventures to the next level. •
HOWCAN I INVESTWITHOUT ALICENSE?
DUE DILIGENCE In almost every field, educating oneself key to being successful. Before you take your first step in the business, you need to know the ins and outs of real estate. The proper understanding of the housing mar- ket, different investment properties, financing options as well as the risk involved in investing will give you a sharpened edge over the competi - tion. Although you will most likely work with legal professionals along the way, it’s important to have a clear understanding of laws and reg - ulations depending on where you’re located when you involve yourself in a sales transaction.
Michael Jordan is the founder and President of Strategy Properties in Michigan. Michael 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, Michael transferred to the University of Michigan to pursue a degree in Business Management. He founded Strategy Properties, Inc. in 2003 (under the name Jordan Ventures, Inc.) with a primary focus on the construction of new homes throughout Wayne County, Michigan. Since then, Strategy Properties has become a key provider of rental homes in Detroit and Southeast Michigan.
START WITH A CLEAR STRATEGY Set a standard of how you are
Secure Your Vacant Property DAWGS Steel Door & Window Guards provide safe and reliable access to your vacant properties Why Rehabbers, Real Estate Professionals choose DAWGS Security Solutions for Vacant Property: • No Break-ins - DAWGS door guards feature a true 6-point locking system, just like a bank vault. Resulting in faster turnaround times, plus on-time, on-budget projects. • Modular - DAWGS Door & Window Guards can secure openings of any shape and size. • No Lock Boxes or Key Management - DAWGS doors built-in 4 digit code eliminates the need to coordinate keys and lock boxes with realtors, contractors and tradesman. • No Stolen Tools and Materials - A secure property means contractors can leave tools and materials in the property. This reduces the time and the cost of the rehab. • No Safety Concerns - Once inside the property, DAWGS doors can be locked from the inside so realtors and contractors feel safe showing or working in a vacant property. Learn more about DAWGS www.dawgsinc.com | 877-88-DAWGS (32947) | sales@dawgsinc.com
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