Real Estate WEALTH Magazine Real Estate WEALTH Magazine - DOWNLOAD IT HERE! | Page 50
HOW TO INVEST WISELY
Norada Real Estate has
transacted in the most
sought-after markets:
• Atlanta, GA – Ranked the #1
Rental Market in the US
• Birmingham, AL – Host of
the 2021 Word Games
• Charlotte, NC – 2nd Largest
Banking Center
• Chicago, IL – Over 50%
Renters
• Dallas, TX – Double-Digit
Appreciation Growth
• Fayetteville, AR – Fastest
Growing City in the State
• Houston, TX – #1 Job Market
in the United States
• Indianapolis, IN – Most
Affordable for Real Estate
[Forbes]
• Jacksonville, FL – Tech Job
Center
• Kansas City, MO – Below
Average Cost of Living
• Little Rock, AR – Best Place
to Live in America
• Memphis, TN – Non-Bubble
Market
• Palm Bay, FL – Top 10 City
for STEM Jobs [Forbes]
• Salt Lake City, UT – Low
Unemployment
• San Antonio, TX – #2 Reces-
sion Proof City [Forbes]
• Tampa, FL – 5th Hottest Real
Estate City in America
by Tim Houghten
W
hile Norada offers
information on a
variety of real es-
tate investment options, the
company is mostly “focused
on passive income-pro-
ducing turnkey real estate
investments.” These are new
or like new properties, that
have tenants in place and are
under professional manage-
ment.
Regarding the debate
about new versus exist-
ing properties, the firm’s
founder says “both can have
their advantages. We are
seeing more demand for new
properties. We are seeing
investors trend toward new
construction, and especially
new fourplexes, in growth
markets. They can offer
lower maintenance costs
now, and can be highly attractive to
tenants.”
Norada prides itself on being
“market agnostic.” In other words,
not simply promoting and push-
ing one product because it is the
only inventory they have or know.
They constantly analyze about 400
markets across the US and make
recommendations according to
current dynamics, emerging trends,
and individual investor goals and
resources.
One thing this real estate in-
vestment firm is notable for is its
diligence in monitoring service
providers for its clients. When it
comes to management, their philos-
ophy is that, “Full service property
management is a must. This is
something we take very seriously.
Realty411Guide.com
For more information about the “Passive
Real Estate Investing” podcast or to
pre-order Marco’s new book, visit www.
passiverealestateinvesting.com
We are tough on our vendors. If they
are ever caught delivering poor or
slow communication, and aren’t up
to our constant service standards,
we make sure they are replaced. It’s
become very rare for our clients. But
it’s something we keep a close eye
on.”
Whether new builds or existing
rentals, these turnkey properties are
designed to deliver hands-free, truly
passive income, even if fully lev-
eraged, with potential for ongoing
equity appreciation. It is an ideal
strategy for any investor, including
those using self-directed IRAs or
PAGE 50 • 2017
401(k)s, as well as young profes-
sionals looking to get a head start
towards financial freedom.
WHERE TO INVEST NOW
Asked about his take on some of
the latest data, which shows some
challenges in markets like San Fran-
cisco, Marco tells us that “While
everyone has individual goals, and
what’s best for their portfolios may
be different, I’d never recommend
investing in San Fran or other ‘bub-
ble markets’. All real estate is local,
and that means looking at each local
economy when investing.”
reWEALTHmag.com