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Small Axe Podcast


Nov 22, 2021

Mike Taravella Jr. is a CPA turned full-time real estate investor. He went from working with Dan Gilbert's startups to asset managing over $150M in multifamily assets throughout the Southeast.  Over the years, he has acquired over $30+M in real estate.

It has been a long time since we had my good friend, Mike in this show! He was Small Axe Community’s very first guest. He coached me for a year where we spent week by week having a meeting and learning about my real estate career. You can surely learn more about this walking spreadsheet, so make sure to tune in until the end or reach out to him through the links below to know more about this topic! 

 

[00:01 – 05:51] Opening Segment 

  • I introduce our guest, Mike Taravella Jr.
  • Connect with Mike through the links below
  • I met Mike personally for the first time in a year! 
  • I let Mikey share how he has been in the past few year
  • Mike’s one cut above the rest

[05:52 – 32:10] Catching Up with Mike

  • Getting deals to the finish line
  • Develop a good relationship with your brokers!
  • Mike shares highly-recommended books you ought to read
  • Tools on structuring a deal
  • Buy a good deal - escape nightmares!
  • Expectations for deals on their year one
  • Investor’s appetite and making sure they are a right fit for you
  • Taking the time to educate people
  • Build-to-Rent trends
  • Mike on underwriting techniques
  • Getting in line with your Property Manager + having the right team
  • Invest while you learn
  • What’s 2022 going to look like for Mikey

 

[32:11 - 35:57] Closing Segment

  • From the “Game Changer” to “There are no limits” sequel 
  • Connect with Mike through the links below
  • Final words





Tweetable Quotes:

“The biggest thing is just being accountable to your investors, with yourself, and with the team.” - Mike Taravella Jr.

 

“I don’t want to buy a deal just to buy a deal, I want to feel very confident that we can’t hate our expectations, because if you buy a bad deal, it will be a living nightmare.” - Mike Taravella Jr.




Find out more and connect with Mike through his email at miket@randcre.com




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I believe that you only need a small axe to build a lasting empire. Let’s start building yours!

To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.