Episode 64: He began buying larger multifamily properties after COVID started!
In this episode, Arn Cenedella of Spark Investment Group joins True Multifamily to share the risk he took when he transitioned from single-family to multifamily when COVID hit. He shares that even with the economic impacts of the pandemic, the value of real estate stood solid and how transitioning felt more like a transfer of assets.
Arn also shares his experience of buying an existing duplex that he planned to renovate but got rezoned into a single-family home. Despite the challenges he faced throughout his 40+ years of experience with real estate, he's optimistic about the positive economic impact of multifamily investing.