JF3683: Mastering New Construction & Value-Add Deals — Insights from Greenville’s Real Estate Pro ft. Arn Cenedella

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 996 Ratings

🗓️ 4 October 2024

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

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

Transcript

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0:00.0	I'm a pretty avid runner and recently my foot have been bothering me for running so much
0:05.7	Then my friends at ultra running send me a pair of shoes to try
0:09.9	I got the experience flow which is a road running shoe and I can't tell you how
0:15.4	surprise I am with how comfortable these shoes are. My foot pain is gone and
0:19.9	running has never been more enjoyable. The thing with Ultra is that every pair has a roomy toe box
0:26.0	and I could immediately tell a difference.
0:28.0	My feet aren't crammed in or squished.
0:30.0	They're super comfortable.
0:32.0	Ultra also makes their shoes zero to low drop,
0:35.0	which basically means your heel isn't elevated off the ground
0:39.0	like some other shoes, which is great for enhanced balance
0:42.0	and keeping your feet in a more natural position.
0:45.0	It's all day comfort that you really do need to feel to believe.
0:49.0	And right now, you can try a pair risk-free with a free 30-day trial.
0:54.0	So try them out, and if they're not for you,
0:56.7	send them back for a full refund.
0:58.6	Just head over to ultra-running.com
1:00.7	and find your new favorite pair of shoes today. That's a L-T-R-A- running
1:06.0	com. Stay out there with Ultra. Places come in all shapes and sizes.
1:11.0	Whether it's a three-story town home or a 300 square foot condo,
1:15.2	apartments.com will help lease them all. Because no matter what kind of rental property you own,
1:20.7	apartments.com believes that every landlord from big to small deserves access to the most
	...

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