"I think any investor in any particular market or asset class, your competitive advantage is that market."
Episode 209 of The Smart Agents Podcast features the Founder of Spark Investment Group, Arn Cenedella. With more than four decades in the real estate industry, Arn built a successful residential brokerage in Silicon Valley all while growing his own investment portfolio. In 2020, he launched Spark Invest Group and focuses primarily on multifamily investments.
Throughout our conversation, Arn shares why real estate agents are at a major advantage when becoming investors themselves, why he has shifted his focus to multifamily properties and tips for choosing wise investments.
Learn More at: https://investwithspark.com/
Key Takeaways:
- Real estate agents have a unique advantage for being successful investors.
- Local market knowledge is crucial for identifying investment opportunities.
- When considering syndication opportunities, look for operators with a track record and a presence in a specific market or property type.