From Single Family Rentals To Multifamily with Arn Cenedella

On this episode of the Real Estate Hustlers Podcast, we will be talking with Arn Ceneddela,

A highly experienced real estate broker and investor with over 44 years of industry experience. Arn started his career at his family’s residential and investment brokerage firm in Men, Menlo Park, California in 1978, where he built a successful career as a broker and investor. Arn helped many investors build their rental portfolios. Arn founded Spark Investment Group in 2020 as he transitioned his single-family rental portfolio into multifamily properties.

Watch the episode here:

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Key Points From This Episode:

The reason why did Arn get into multi-family.
Experience and expertise apart from other real estate brokers and investors in the industry.
Choosing and considering factors in which multifamily properties to invest in.
The best markets whether primary, secondary, or tertiary markets.
Role property management company as an operator, an asset manager or in-house property management.
The balances the needs and goals of investors with their own investment strategies and decisions
Example of a particularly challenging investment decision in the multi-family real estate industry and how navigated it
The future of the multi-family real estate market evolving in the next few years.
The sets of experience and expertise apart from other real estate brokers and investors in the industry.

About Arn Cenedella:

A highly experienced real estate broker and investor with over 44 years of industry experience. Arn started his career at his family’s residential and investment brokerage firm in Men, Menlo Park, California in 1978, where he built a successful career as a broker and investor. In 2020, he founded Spark Investment Group and currently manages over 818 units worth over 92 million as a general partner and sponsor. Arn moved to Greenville, South Carolina in 2014. Arn helped many investors build their rental portfolios. Arn founded Spark Investment Group in 2020 as he transitioned his single-family rental portfolio into multifamily properties.

Spark specialises in North Carolina and South Carolina multifamily properties with a particular focus on the #1 emerging multifamily market in the US for 2022, Greenville, SC.