EP 31: Underwriting Every Deal to Learn Your Market with Mike Taravella

The Healthy Investor Podcast

Join your host, Bob Mastroianni, and guest, Mike Taravella, asset manager at Rand Partners, as they discuss the importance of underwriting. Mike shares that processes and systems are essential to having a successful business. In his journey to learn about the business, he discovered the power of underwriting, as every deal he looked at was a case study. Additionally, underwriting helps you know your market as you grasp the price's rise and fall. He also shared the healthy habits that helped him achieve an ideal weight. There's more to unpack in this episode! So tune in and enjoy!

In this episode, you will learn…

• Mike's background
• How to know your market
• Transitioning into the real estate
• How the market has changed since 2016
• The vicious cycle of bad habits

About Mike Taravella...

Mike is the Asset Manager at Rand Partners where he is responsible for overseeing over $100M assets under management and has acquired over $15M in commercial real estate. Mike collaborates with Rand’s vertically integrated property management team to ensure the execution of the portfolio’s business plan. Mike is actively pursuing new opportunities within the market and developing relationship with investor basis.

Before joining Rand Partners, Mike worked 5 years professionally in accounting. He worked at EY in Detroit and with Dan Gilbert’s startup community Rock Ventures such as 100 Thieves, Woodward Original, and Detroit Venture Partners.

Mike graduated from Michigan State University with his undergrad and Masters of Accounting.

Connect with Mike...

Website: https://www.miketaravella.com/

Connect with The Health Investor Podcast on…

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