Norada Real Estate Investments offers investors turnkey rental properties complete with property management, tenants, and financing already established. Their team specializes in building, renovating, and selling these properties across several markets nationwide. Established in 2003 and boasting an exceptional reputation in turnkey real estate investing communities alike; Norada competes against Rent to Retirement as one of many providers offering turnkey properties to investors.
The company carefully analyzes each market to provide only those property investments which are economically feasible for passive income investors. They provide investors with detailed financial projections for every investment property so they can make more informed choices when investing. In addition, there is also an educational section with articles and podcasts from founder Marco Santarelli.
Norada Real Estate Investments offers an expansive selection of investments properties, from single-family houses and up to four-unit multifamily long-term rentals, with investors having access to filter properties according to location, price range and return on investment. Norada also provides financing solutions such as owner-occupied mortgages and hard money loans while not disclosing its fees structure or what investors pay when using its platform.
Norada Real Estate Investments may be an attractive option for real estate investors, but they may not suit every person. One reason being they only deal in single-family and four-unit properties – which could limit investors looking for multiple investments at once or those seeking short-term rentals.
Norada Real Estate Investments was founded in Laguna Niguel, CA in 2003 and quickly earned a stellar reputation within the turnkey investing community. Operating independently with strong growth and success over its 13-year existence, Norada Real Estate Investments has received many positive reviews on their website as well as real estate blogs, YouTube channels, and forums such as BiggerPockets.