Laying Strong Multi-family Foundations with Arn Cenedella
- Author
- Kent Ritter
- Published
- Tue 09 Feb 2021
- Episode Link
- None
Despite what many investors say, achieving multi-family success doesn’t mean going as big as you can as fast as you can. Today we speak with Arn Cedella, an investor with over 40 years of experience in real estate. Our conversation drills down into his recent transition into multi-family and the importance of laying strong foundations that can withstand market downturns. We open by chatting about his extensive experience as a single-family broker and investor. Arn then shares the four key factors that caused him to move into multi-family investing. After touching on how multi-family benefits from economy of scale and leads to better cash flows than single-family, Arn dives into his positive experience as a new multi-family investor. He shares how he learned about this niche through podcasts, boot camps, and good old-fashioned investing. Later, we discuss why you need to develop your multi-family know-how to be able to unpick the assumptions that underpin deals. Reflecting on this, Arn highlights his process in scaling his business in step with his market understanding. Tune in to hear more about the value of creating a strong foundation for your multi-family investing.
Key Points From This Episode:
- Introducing today’s guest, real estate veteran Arn Cenedella.
- Arn shares details about his extensive background in real estate.
- Hear why Arn has recently jumped into multi-family investing.
- More cash flow and renters; exploring the benefits of multi-family.
- How multi-family investing takes advantage of economies of scale.
- Arn talks about his experience as a multi-family passive investor.
- How Arn learned the ins-and-outs of multi-family.
- The importance of unpacking the assumptions that underpin every deal.
- Arn talks about the value of scaling your business as you learn more.
- Why building a strong team is a priority in multi-family.
- Arn opens up about what’s made him successful.
Links Mentioned in Today’s Episode:
Arn Cenedella Phone — 650-575-6114
The Best Ever Apartment Syndication on Amazon
Check us out on socials:
Production by Outlier Audio
