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219 - Badass Interview with Arn Cenedella
Manage episode 441405392 series 3560898
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Date your business partner before you marry them!
We have Arn Cenedella on the show sharing how he made the move from single-family to multi-family rentals. With his 45 years of experience in the real estate industry, there’s not much he hasn’t done! He shares the importance of not moving too quickly into partnerships, picking a market and niche, and the benefits of passive investing.
Arn Cenedella is a real estate broker and investor with over four decades in the industry. Starting in 1978, Arn built a thriving Silicon Valley residential brokerage business in Palo Alto and Menlo Park CA while building a sizable portfolio of single family rental properties in the Bay Area and across the US. Over this period, Arn assisted many other investors build their rental portfolios and is well-versed in all aspects of real estate investment including acquisition, market analysis, financing, management, and 1031 exchange.
In 2014, Arn moved to Greenville SC to start a new life adventure. Arn continued to invest in small residential income properties in the Carolinas.
In 2020, Arn transitioned his SFR rental portfolio to multifamily investments and founded Spark Investment Group to help busy professionals and parents reap the benefits of commerical real estate investment without the hassle of operating the properties. Arn currently manages and operates a multifamily portfolio as general partner and sponsor of over 1,100 units with a total value in excess of $138M.
www.investwithspark.com
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