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MentorBox Podcast

Aug 8, 2018

“The United States is not one real estate market. There is no such thing as a national real estate market.” - Marco Santarelli

(click to tweet)

Real estate is all over the media.

From TV shows like Million Dollar Listing to news reports about the fluctuating real estate market, we are undeniably being served a narrative about real estate. This story, more often than not, touches on the points that it’s easy to “flip” houses and that our national real estate market follows macro-trends.

On today’s episode of The MentorBox Podcast, we are joined by Marco Santarelli to cut through the noise of real estate, and offer a more honest narrative. Marco is the President and Founder of Norada Real Estate Investments. Norada specializes in turnkey cash-flow investment properties. In other words, they offer investors property that is vetted to provide stable and sustainable passive income.

Tune in to this conversation to hear Marco discuss the 2 biggest flaws that surround common knowledge around real estate in America, and why it takes time, education, and research to enter the smaller, more lucrative markets.

You can learn more about Norada Real Estate Investments here

“Many people today—fortunately or unfortunately—think about real estate investing as flipping. And that’s really not investing in my book.” - Marco Santarelli

(click to tweet)

Points to Keep In Mind

  • Flipping is complicated because profit is delivered in chunks of cash, rather than cash flow
  • Try to create a portfolio of real investments that produces cash flow (passive income)
  • The best way to invest in real estate is to own properties
  • Shift away from passive investment opportunities and move towards active ones
  • There is no such thing as a national real estate market.
  • More people coming into a city means there will be a higher demand for housing
  • Most real estate agents are not trained to understand investment opportunities
  • Seek out real estate companies that can help you with the investing process
  • Net operating income is what’s left over after all expenses are taken care of
  • Seek out markets with civility, jobs, and high appreciation rates