JF3683: Mastering New Construction & Value-Add Deals — Insights from Greenville’s Real Estate Pro ft. Arn Cenedella
On this episode of the Next Level CRE Show, Matt Faircloth interviews Arne Cenedella about staying spry in body, mind, and business as they age. Arne shares his daily workout routine and the benefits he experiences from staying physically active. They also discuss Arne's real estate ventures, including smaller syndication deals and build-to-rent projects. Arne explains the advantages of buying new construction properties and the differences in underwriting between older and newer buildings. The conversation explores the differences between new construction and value-add multifamily investments. The hosts discuss topics such as renovation schedules, investor appeal, rental income, operating expenses, real estate taxes, insurance, and the need for purpose and productivity in life. They also touch on the importance of finding a niche and the benefits of organizations like SCORE for small business owners. The conversation concludes with a discussion on longevity and the potential for extending the human experience. Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices