Marco Santarelli is an experienced real estate investor and the founder of Norada Real Estate Investments, offering turnkey properties with property management in place and tenants already in place for investors to buy in various markets across the United States. Norada boasts five-star ratings from BiggerPockets, Better Business Bureau, and other platforms – as well as hosting the Passive Real Estate Investing Podcast and providing turnkey investment properties – making him the ideal host for the Passive Real Estate Investing Podcast!
Norada Real Estate Investments offers SFRs and small multifamily homes like Roofstock; however, the firm maintains a more limited inventory. At present there are approximately 80 rental properties available across 22 markets; single family rentals to fourplex multi-units can be seen on its website with investors searching by yield, annual return, neighborhood ratings or any other factor relevant.
Norada Real Estate Investments does not provide a marketplace like Roofstock; however, they do provide an array of services. Their team of expert property managers oversee and care for each property they manage; education resources are offered for prospective investors; their network includes mortgage brokers and lenders for financing services; in addition to an online community where investors can ask questions and get assistance;
Norada Real Estate Investments’ website outlines the process of purchasing turnkey rental property with ease. It offers details regarding home, market and neighborhood as well as renovation work undertaken. Furthermore, Norada provides estimates costs and projected income projections, giving potential investors all of the knowledge needed before making their purchase decision.
Norada Real Estate Investments stands out among turnkey real estate companies with its emphasis on education and customer service, making them stand out among its competition.
Norada Real Estate Investments offers investors an alternative turnkey real estate company experience without requiring them to use their own funds when purchasing properties, without incurring marketing fees and without charging an annual marketing fee. Instead, Norada provides investors with an unsecured promissory note offering annual interest rates between 12.5%-17.5% that is only offered to accredited investors.
Norada Real Estate Investments offers new construction and renovated single-family rentals in growing markets to investors with lease agreements in place, offering investors high cash flows according to Norada Real Estate Investments’ website. Each property’s purchase price, capitalization rate, cash-on-cash returns and other factors are outlined along with contact information for its property management company and mortgage broker; in addition, investors can request additional information regarding Norada’s fee structure by reaching out directly. Norada Real Estate Investments was founded in Laguna Niguel, California in 2003 by founder Norada Real Estate Investments’s founder Norada Real Estate Investments