Real estate investment is one of the best ways to build wealth, but it requires significant time and effort. Luckily, there are passive investing companies available which take away much of this effort for investors – this guide will explore norada real estate reviews while comparing it to Rent to Retirement (another turnkey real estate provider).
Norada Real Estate was established by veteran investor Marco Santarelli to assist investors in reaching financial freedom. Their team specializes in researching top real estate growth markets and creating turnkey cash-flow investments with maximum profitability in mind.
Norada real estate provides comprehensive data for each property they market for investment, such as address, price, year of construction, square footage, potential rental income and potential rental yield. Furthermore, their DealGrader tool makes quick evaluation of economic viability easy. In addition to data, norada real estate also provides financing solutions through their network of mortgage brokers and real estate lenders to accredited investors who wish to purchase one of the properties they market.
Norada Real Estate provides prospective real estate investors with a host of educational resources that enable them to make well-informed decisions regarding investing. Their website hosts an education section covering property analysis, deal sourcing and finding professional teams. In addition, there is also a blog with housing forecasts and relevant news for investors.
Norada Real Estate Investments’ website does not reveal how the company makes money, although turnkey providers and builders pay marketing fees to list properties on the platform. Investors with questions regarding the fee structure should contact an investment counselor before proceeding with their investment plan.
Norada real estate provides turnkey investment properties as well as property management and other services, including deal sourcing and negotiation, financing arrangements, repairs coordination, tenant recruitment and tenant retention. Their network of property managers ensure the day-to-day management of their rentals. Furthermore, norada also offers monthly cash flow guarantees on select properties.
Norada Real Estate Blog provides an invaluable resource for investors looking to learn more about the real estate industry. The norada blog features real-life stories of successful passive investors as well as helpful tips and techniques for finding success in real estate investing. In addition, norada hosts regular free training events for its audience.
Passive investing can be an effective way to build wealth and achieve financial freedom, but selecting the appropriate strategies for you is a crucial element of this equation. Norada Real Estate is an industry leader when it comes to turnkey real estate investments. They specialize in building, renovating and selling turnkey properties to investors across many markets throughout the U.S. They also have loan programs available specifically to accredited investors.