Thursday, March 28, 2024

The Inventor of Turnkey Real Estate: Marco Santarelli of Norada Real Estate Investments.

Could you imagine buying real estate at 18? Probably not. Most 18-year-olds still live in their parents’ homes. However, that isn’t the case of investment property millionaire, author, podcaster, and founder of Norada Real Estate Investments, Marco Santarelli, who purchased his first rental property only weeks after graduating from high school.

Surprisingly enough, Marco began his journey to success delivering newspapers in his hometown as a teen, which he considers to be the foundation of his career. Although being a straightforward job, requiring little to no skills, he believes it taught him the value of hard work and perseverance, preparing him for what would come next. Knowing such employment was only temporary, Marco was always looking for new ways of generating income. During his late teen years, his entrepreneurial spirit was drawn to investment property. Fascinated by this field and the numerous successes that came out of it, he set out to try his luck.  “Even though I was young, I just wanted to make money. Back then I felt a desire to be an entrepreneur rather than an employee, and real estate seemed like the right place to start”, Santarelli said.

At 18, in an attempt to make some money and hopefully find his passion, Marco purchased his first property, for which he successfully handled the renovations and management process without prior experience in the field. Satisfied with the outcome of his first project, he quickly noticed his talent for investment property and set out to get licensed in the field. After graduating from the University of Calgary, in Canada, and acquiring his real estate license, Marco finally took on real estate sales and investing as a full-time job, working as an agent for the following years. In 2004 he founded Norada Real Estate Investments, his own Investment Property Firm, ranked #925 on the Inc. 5000 list of America’s fastest-growing private companies in 2019, and ranked a second time in 2021.

As a firm believer in self investment, Santarelli has prioritized his education and mindset throughout his career. Always putting this atop of his job and money, he affirms: “Your most precious and important asset is your mind”. Further, Marco says educating yourself and feeding your mind is the number one rule of business in his book, representing the base to any greatness. This rule is one he has implemented throughout Norada. He sees the education of his clients about the markets and the generation of passive income and wealth to be one of his many responsibilities when property is being purchased. According to Marco, the only way to truly achieve financial stability and freedom is through income-producing assets.

Santarelli follows a fully market-agnostic approach, essentially meaning he is not “married” to any market, or any property manager, lender, inspector, or title company and being completely unbiased. Such an approach comes with multiple benefits, giving Norada and its clients an edge over other firms and most of the market, as it enables investors to reposition their investments out of one market, and directly into the next growth market. Marco often warns his clients never to restrict themselves to a single market simply because of their familiarity to it.

Santarelli’s pillars of success:

  1.       Knowledge is priceless.
  2.       Be market and area agnostic.
  3.       Never speculate; Invest for cash-flow.
  4.       Be professional, and work with professionals.

Marco Santarelli is also the creator of DealGrader, a real estate investment grading system, assigning a score to property based on its profitability and the risk involved in its purchase as an investment.

Norada Real Estate Investments was born with the goal of helping one million people achieve financial freedom through investment property.

Today, Norada Real Estate Investments helps thousands of investors across the US, Canada, UK, and even Australia put their money to work, setting them on the path to financial freedom, and creating generational wealth.

With the right knowledge, anyone can achieve financial freedom. It’s never too late. Start your journey now!

 

REAL ESTATE INVESTING BLOG:

www.NoradaRealEstate.com/blog

REAL ESTATE INVESTMENT OPPORTUNITIES:

www.NoradaRealEstate.com/Real-Estate-Investments

FREE REPORTS:

The Ultimate Guide to Passive Real Estate Investing

www.NoradaRealEstate.com

FREE PODCAST:

Passive Real Estate Investing

www.PassiveRealEstateInvesting.com

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