ABOUT ARN CENEDELLA

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 while building a sizable portfolio of single-family rental properties in the Bay Area and across the US. In 2020, Arn transitioned his SRF rental portfolio to multifamily investments and founded Spark Investment Group to help busy professionals and parents reap the benefits of commercial real estate investment without the hassle of operating the properties. Arn currently manages and operates a multifamily portfolio as a general partner and sponsor of over 1100 units with a total value in excess of $138M.

THIS TOPIC IN A NUTSHELL:

Arn's journey to real estate

Getting into the brokerage business
Investing in Single-Family Homes

Investor avatar and target market
What does the transition to multifamily look like?

Finding the right partners with the right skillset
About the Greenville 26-unit Deal
Location and metrics of the asset

Why we like this project
Hold period, Refinancing & Mortgage options

What is the business plan & value add implemented for this project?
Why long-term investing is the key to this current market?

Advice to someone who wants to take the leap from SFH to Multifamily

Connect with Arn

KEY QUOTE:

“Is there anything in anyone's life experience that indicates the cost of housing will go down? I'm 70 years old and I've never seen it. Now, yes, there are momentary dips, but it's all that does is a logical and natural correction, and then it sets the stage for the next 5 - 7 year run-up.”

SUMMARY OF BUSINESS:

Spark Investment Group is a leading real estate investment firm, providing fully vetted, cash-flowing investment partnership opportunities in Carolina Multifamily and Build to Rent properties (BTR) for busy professionals. Spark Investment Group works with individuals who are dissatisfied with the low returns from savings accounts and bonds, or who are concerned about the turbulence of the stock market.

Founded by Arn Cenedella, the Spark team consists of seasoned operators who have the time, skills and discipline required to identify opportunities with tremendous profit potential and put together deals that have been carefully vetted.

ABOUT THE WESTSIDE INVESTORS NETWORK

The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.

The Westside Investors Network strives to bring knowledge and education to real estate professionals that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.

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CONNECT WITH ARN:

Website: https://investwithspark.com
Facebook: https://www.facebook.com/investwithspark

Youtube: https://www.youtube.com/channel/UCo8iXP8V2DOBRnBpJVj-30Q

LinkedIn: https://www.linkedin.com/in/arncenedella

CONNECT WITH US

For more information about investing with AJ and Chris:

· Uptown Syndication | https://www.uptownsyndication.com/

· LinkedIn | https://www.linkedin.com/company/71673294/admin/

For information on Portland Property Management:

· Uptown Properties | http://www.uptownpm.com

· Youtube | @UptownProperties

Westside Investors Network

· Website | https://www.westsideinvestorsnetwork.com/

· Twitter | https://twitter.com/WIN_pdx

· Instagram | @westsideinvestorsnetwork

· LinkedIn | https://www.linkedin.com/groups/13949165/

· Facebook | @WestsideInvestorsNetwork

· Tiktok| @WestsideInvestorsNetwork

· Youtube | @WestsideInvestorsNetwork