Marco Santarelli started investing in real estate at the age of 18. He bought, renovated, rented and managed a simple townhouse on his own. Over the years, he continued to build his real estate portfolio with more than 84 out-of-state units, including single family homes, duplexes and small apartments.
Founded in late 2003, Santarelli’s vision was to help other real estate investors invest in the best way possible. Norada does this by offering quality new construction and renovated investment properties in strategic markets across the United States, with properties ranging from south to Florida to north to Chicago.
what they offer
Norada offers investors recently renovated residential properties and new constructions ranging from single family homes to quadruplex multi-units. Their rental properties really come into their own the day you buy them. It’s truly turnkey, as you don’t have to do anything for you to have a solid, cash flow-generating investment.
What does “turnkey” mean?
Norada has seven factors that properties must meet to qualify as “turnkey”. The properties must be:
- in markets with stable growth or cash flow
- in desirable neighborhoods
- new or recently renovated condition
- positive cash flow, even when leveraged
- rented or being rented
- under professional property management
- carefully selected with tenants in mind
With their definition of a turnkey property in mind, they have put criteria in place to ensure that their turnkey properties are of the highest quality, location and cash flow positive for their investors.
What makes Norada unique
First and foremost, they are one of the very few real estate investment providers that survived the real estate market crash of 2008. They do extensive research on over 400 US real estate markets and are what they call Market Agnostic. This means that they select markets based on local economic and real estate factors, not trends or investor demand. And they include their own rating system called DealGrader, which measures the investment quality of a real estate investment.
No market or investment is perfect, which is why you need a company like Norada on your side to help take the guesswork out of your real estate investment. They help you succeed by minimizing risk and maximizing profitability.
For more information on their services and offers, visit www.NoradaRealEstate.com or call (800) 611-3060.