Arn Cenedella, founder of Spark Investment Group, is a real estate expert with more than four decades of experience, including 35 years as a Realtor navigating the unique real estate landscape in Silicon Valley, CA.  During that time, Arn invested in real estate ranging from single family homes and 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.  Through Spark Investment Group, Arn is putting his decades of real estate expertise to work for his clients, helping them reach their goals and attain the lives they’ve always wanted to live.

 

[00:01 - 05:17] Opening Segment

Get to know Arn Cenedella

A long time in real estateLearning from his father’s old school practices

Arn’s real estate journey

 

[05:18 - 10:57] Running Your Properties

The state of Arn’s rentalsA mixture of both remote and local rental properties

How to Run an Investment Property PortfolioSteps to Follow and Things to Know for You REI Success!

 

[10:58 - 27:53]  Transitioning from Single Family to Multifamily

Arn tells the story of how he shifted from single to multi

How COVID became the switch to Arn’s switch

“There’s a lot to like about multifamily.”

Just hit line drive base hit after base hit after base hit

Why you have to dig a little deeper and look at the specifics

What Arn looks for in syndications

 

[27:54 - 40:05] Closing Segment

Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.

What is the best investment you've ever made other than your education?An old ugly house

Arn’s worst investmentAn old rundown duplex

What is the most important lesson that you've learned in business and investing?“There is karma.”

Connect with my guest. See the links below.

 

Tweetable Quotes:

“If you invest in the good areas, you get market appreciation, you can also force appreciation by improving the property and managing it and running it better course you get the tax benefits.” - Arn Cenedella

“Yes, it's a business and we want to make a return. But we also have some kind of larger duty. And in fact, doing the right thing is most often good business anyway.” - Arn Cenedella

“There's a way to be a successful investor, and you can go about it with integrity.” - Arn Cenedella

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Connect with Arn Cenedella through 650-575-6114, [email protected], Facebook, and LinkedIn.  Visit their website https://investwithspark.com/. 

 

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. 

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

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