Arn Cenedella is the CEO and Founder of Spark Investment Group. With more than four decades of experience, including 35 years as a Realtor navigating unique real estate landscape in Silicon Valley, CA. Arn invested in real estate ranging from single-family homes, fix-and-flips to land subdivisions and condominium conversions to commercial multifamily properties. Through these experiences, he developed a passion for helping others achieve their own financial freedom through investing in multifamily real estate syndications.

Join us in this episode as we talk and learn from his decades of experience in real estate

[00:01 – 03:56] Opening Segment

• I welcome our guest, Arn Cenedella
• I talk about the background of our guest
• Arn talks about his background and journey in real estate

[03:57 – 13:29] Single to multifamily real estate

• Transition from single-family to multifamily
• Arn talks about the challenges and hurdles he faced as he shifted to multifamily
• The long term endeavor that is Real estate

[13:30 – 19:08] Why Invest in multifamily real estate

• Arn’s reason to invest in multifamily real estate
• Scalability of a multifamily property

[19:09 – 24:11] Advice from Four Decades of Real Estate Experience

• Arn’s advice to aspiring investors
  • Try to hit base hits, don’t go for the grand slam
  • Don’t overextend yourself
• Educating yourself and Underwriting deals with realistic expenses

[24:12 – 29:00] TIME TO TAKE ACTION

• Actionable steps/tips listeners can do to help their real estate investing career
  • Join a local real estate investing network
  • Listen and take notes on podcasts
  • Educate yourself on different markets
• The main takeaway
• Connect with Arn. See the links below.
• Final thoughts

Tweetable Quotes:

“The biggest mistake I’ve made in my life has been when I made decisions on how I wanted things to be, instead of how things actually work. So as an Investor, you look at reality and make decisions based on reality.” - Arn Cenedella

“One of the great things about moving into multifamily is the relationships and partnerships you build.” - Arn Cenedella

“Real estate is a long term investment endeavor, it’s not a get rich quick scheme.” - Arn Cenedella

“For me, slow and steady wins the race. Let time population growth and inflation work for you.” - Arn Cenedella

Resources Mentioned:

• Meetup

To learn more, Connect with Arn at [email protected] or visit https://investwithspark.com/ 

Arn’s Contact Number: 650-575-6114

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Visit www.nokacapital.com to learn more about investing in multifamily real estate.

I’d like to connect with you! Send me an email at [email protected].

Book Recommendations:

Rich Dad Poor Dad

Think and Grow Rich

Best Ever Apartment Syndication Book