Norada Real Estate Reddit is an online platform designed to connect investors with turnkey rental properties across the US. It features an extensive collection of investor resources such as blog posts and podcasts hosted by company founder Marco Santarelli as well as responsive customer support that has received positive user reports.
Norada Capital Management provides real estate investment opportunities and passive income opportunities through Norada Capital Management’s subsidiary that allows accredited investors to purchase promissory notes and earn monthly interest payments through promissory note purchases. Although Norada does not disclose client numbers or fees charged for posting listings, Santarelli has stated in previous interviews that turnkey providers and builders pay marketing fees to post listings on Norada’s website.
Norada offers in-house teams of property managers, builders and servicemen that assist with renovations, repairs and tenant screening. In addition to that, it has access to mortgage lenders and brokers it can refer investors too; and provides a neighborhood analysis feature on each property’s website that evaluates home values, ownership rates and demographics in its vicinity.
Norada Real Estate Investments’ website features rental property options that investors can buy, renovate and then rent out for monthly income. Their database includes single-family and small multi-family (up to four units) long-term rentals throughout the US; their properties are in growing, profitable and sustainable markets which make them a reliable source of passive income. Their properties have received positive reviews on real estate blogs such as BiggerPockets; their only drawback being limited property types on offer on this platform.