39 min
52 | How to Succeed in Industrial and Multifamily Plus Underwriting Tips with Mike Travella Multifamily By The Slice
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- Business
Mike Taravella is the Founder & Principal of Niche Holdings. He has purchased and owns over $55M in multifamily assets throughout Tennessee, Kentucky, and North Carolina. Mike asset managed a portfolio of over $175M (1,500 units) while helping create systems and operations for their internal property management group. Mike is currently a licensed CPA in the state of Michigan and helped Dan Gilbert's family office launch and manage several startups from esports to tech.
[00:01 – 10:31] Opening Segment
Mike talks about his life background
Mike’s focus on real estate
Buying smaller and buying more
[10:32 – 25:13] How to Succeed in Industrial and Multifamily Plus Underwriting Tips
The industrial and multifamily spaces are resilient. Here’s why
Migratory actions to keep up with the market
Understanding underwriting and leveraging it for you
[25:14 – 32:08] The Legacy Round
A super crazy deal in Columbia, Tennessee
Look further than your projections
Mike talks about market rents and property costs
[32:09 – 38:49] Slice of Knowledge
Mike’s Final Words: “Believe in yourself sooner.”
One Slice of Wisdom: “Listen to the Ray Dalio podcast.”
Real Estate Multifamily Vocabulary: Cash on Cash, NOI, Cap rate
Books and Masterminds to Try: Jake and Gino, The Best Ever Syndication Book, Principles, Traction
Reach Mike
Social Media handles: @valueaddmike
Email: invest@valueaddmike.com
Thanks for listening to Multifamily by the Slice!
If you liked our show, please LEAVE A 5-STAR REVIEW, like, and subscribe!
CONNECT WITH US:
Ike Ekeh
Instagram: @ikeekeh_
Website: www.rubiconcre.com
Email: ike@rubiconcre.com
Twitter: @ikeekeh
LinkedIn: Ike Ekeh
Dre Evans
Instagram: @drmultifamily
LinkedIn: Dre Evans
Twitter: @drmultifamily
Email: thatsmypropertyinv@gmail.com
Website: drmultifamily.com
Grab your copy of That’s My Property, a book on investing in Multifamily on Amazon
San Diego Real Estate Investor Meetup Group
FIND US ON:
Apple Podcast
Spotify
Libsyn
Amazon Music Audible
Tweetable Quotes
“Believe in yourself and just live your best life.” – Mike Taravella
---
Send in a voice message: https://podcasters.spotify.com/pod/show/dreikechi/message
Mike Taravella is the Founder & Principal of Niche Holdings. He has purchased and owns over $55M in multifamily assets throughout Tennessee, Kentucky, and North Carolina. Mike asset managed a portfolio of over $175M (1,500 units) while helping create systems and operations for their internal property management group. Mike is currently a licensed CPA in the state of Michigan and helped Dan Gilbert's family office launch and manage several startups from esports to tech.
[00:01 – 10:31] Opening Segment
Mike talks about his life background
Mike’s focus on real estate
Buying smaller and buying more
[10:32 – 25:13] How to Succeed in Industrial and Multifamily Plus Underwriting Tips
The industrial and multifamily spaces are resilient. Here’s why
Migratory actions to keep up with the market
Understanding underwriting and leveraging it for you
[25:14 – 32:08] The Legacy Round
A super crazy deal in Columbia, Tennessee
Look further than your projections
Mike talks about market rents and property costs
[32:09 – 38:49] Slice of Knowledge
Mike’s Final Words: “Believe in yourself sooner.”
One Slice of Wisdom: “Listen to the Ray Dalio podcast.”
Real Estate Multifamily Vocabulary: Cash on Cash, NOI, Cap rate
Books and Masterminds to Try: Jake and Gino, The Best Ever Syndication Book, Principles, Traction
Reach Mike
Social Media handles: @valueaddmike
Email: invest@valueaddmike.com
Thanks for listening to Multifamily by the Slice!
If you liked our show, please LEAVE A 5-STAR REVIEW, like, and subscribe!
CONNECT WITH US:
Ike Ekeh
Instagram: @ikeekeh_
Website: www.rubiconcre.com
Email: ike@rubiconcre.com
Twitter: @ikeekeh
LinkedIn: Ike Ekeh
Dre Evans
Instagram: @drmultifamily
LinkedIn: Dre Evans
Twitter: @drmultifamily
Email: thatsmypropertyinv@gmail.com
Website: drmultifamily.com
Grab your copy of That’s My Property, a book on investing in Multifamily on Amazon
San Diego Real Estate Investor Meetup Group
FIND US ON:
Apple Podcast
Spotify
Libsyn
Amazon Music Audible
Tweetable Quotes
“Believe in yourself and just live your best life.” – Mike Taravella
---
Send in a voice message: https://podcasters.spotify.com/pod/show/dreikechi/message
39 min