E160: Understanding Real Estate Cycles and Trends with Arn Cenedella

<p><strong>Arn Cenedella is the Founder of </strong><a href="https://investwithspark.com/"><u><strong>Spark Investment Group</strong></u></a><strong> that helps individuals invest passively in real estate to create additional income streams while freeing up your time to pursue your passions.</strong></p> <p><strong>He has been investing in real estate for over 40 years and has created a rental portfolio that provides solid monthly cash flow income and capital appreciation. Arn has personally managed his rental portfolio and is now transitioning towards passive investing and larger multifamily properties.</strong></p> <p><strong>Here are some power takeaways from today’s conversation:</strong></p> <ul> <li>Powerful life lessons he got from his dad<br> </li> <li>How to get past the fear of investing<br> </li> <li>Why shouldn’t go big as soon as you can<br> </li> <li>The right way to build a team<br> </li> <li>Understanding cycles and real estate trends<br> </li> </ul> <p><strong>Episode Highlights:</strong></p> <p><strong>How to Get Past the Fear of Investing</strong></p> <p>Real estate brokerage is not rocket science. After a couple of years, you figure out how it works whether that's through hands-on experience or counseling. As a broker and an agent, and you're working and learning along the way, you eventually get past the fear of what could potentially happen, which is something that holds a lot of us back when it comes to investing.</p> <p>Always have a lot of forward motion. You learn by doing, and so, you're going to learn some lessons along the way, you're going to take some bumps and bruises. But as long as they're at the scale where you live to fight another day, then it's all part of your evolution.</p> <p><strong>Investing Ideas</strong></p> <p>It's often more an appreciation game than a cash flow game. Look at whether the property makes sense today. Look for reasonable, rational reasons for optimism about the future, knowing you don't know what the future is going to throw at you. But if it ma