Norada Real Estate Investments specializes in building, renovating, and selling turnkey properties to investors. Want to know more about the company, what they do, and the pros and cons of working with them? In this guide, we’ll get into Norada Real Estate Investment reviews, how they compare to Rent to Retirement, and much more!
Summary:
Norada Real Estate Investments is a turnkey real estate provider founded by Marco Santarelli in 2003. The company currently operates in over a dozen different markets, spanning New York to Texas. All of their properties are either newly built or recently renovated and then sold to real estate investors with tenants in place.
Checking online reviews is crucial when vetting a turnkey provider. Here’s how Rent to Retirement and Norada Real Estate reviews compare:
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Work with the highest-rated turnkey real estate company!
Both Rent to Retirement and Norada Real Estate Investments are turnkey companies offering newly built and renovated turnkey rentals. Investors can browse their properties, make offers, and purchase them with property management and tenants already in place (or with leases signed).
Both companies operate in popular rental markets like Florida, Ohio, and Missouri, but Rent to Retirement also has turnkey rental properties for sale in growing states like South Carolina and Georgia. Norada does not!
A turnkey rental property is a significant investment, so you should weigh the pros and cons when vetting any turnkey company. Rent to Retirement is no exception!
What sets Rent to Retirement apart from other turnkey providers? Here are some of the reasons why investors prefer to work with us:
Rent to Retirement has more reviews than any other turnkey provider. With a perfect five-star rating across hundreds of online reviews, we’re the most trusted turnkey company in the industry!
We offer a detailed pro-forma analysis for each of our properties. This allows you to see your expected real estate cash flow, return on investment, and more.
Want to buy a profitable property? Rent to Retirement operates in many high-cash-flow, high-appreciation markets that other turnkey providers overlook—such as Florida, Georgia, and South Carolina.
Rent to Retirement doesn’t just sell turnkey rentals. Through our education platform, Rent to Retirement Academy, we also provide investors with in-depth, expert-guided tools and resources to help them achieve financial freedom!
Don’t have 20% for an investment property down payment? You may not need it! Rent to Retirement offers 5%-down financing options for new build properties.
There are plenty of reasons to partner with Rent to Retirement on your next turnkey rental, but be mindful of this potential downside:
Many turnkey providers show investors their best-case profit numbers. At Rent to Retirement, we remain extremely conservative when calculating pro-forma (expected profit) numbers on our properties. This may not entice as many potential investors, but it allows us to create the right expectations and always deliver!
Before working with Norada Real Estate Investments, you should be familiar with the benefits and drawbacks.
Why do some investors prefer Norada for turnkey rentals? Here are a few advantages you should know about:
Norada has properties in Texas, one of the best states for rental property, and North Carolina, one of the most landlord-friendly states!
Like Rent to Retirement, Norada offers several types of rental properties, including recently renovated rentals and new build investment properties. These range from single-family homes to fourplexes.
Before teaming up with Norada, you should be aware of a few potential pitfalls:
You won’t find any Norada Real Estate Investment reviews on BiggerPockets, but Rent to Retirement is the highest-rated turnkey company on the platform!
Many Norada properties project negative cash flow during the first few years of ownership. While this isn’t always a bad thing, especially if appreciation is the better strategy for that market, it could deter turnkey investors who are looking for cash flow.
Check out our cash-flowing turnkey rentals today!
Norada doesn’t currently offer investment properties in Georgia or South Carolina, two of the better states for appreciation. Rent to Retirement has properties in both!
Hear from a few of our clients who, like many investors, have had five-star experiences with Rent to Retirement:
“I've bought nine properties so far in numerous markets (all through Zach's company or affiliates). It's been pretty much a hands off experience…Overall I give him a 5-star recommendation, and plan to continue to invest with him for years to come!” - Eric Nguyen
“David was my first contact at Rent to Retirement and within a week we were in contract on our first property. David was always available and responded very quickly via email. The process was so smooth and the house, the pro forma, and the plan were spot on. We just closed last week, and are in contract already on our next property, a Triplex. I am excited to work with David on building my portfolio and scaling in my REI path.” - Joe Nelson
“We are now working with Zach to develop a plan to acquire enough rental properties to replace our active income, and retire on our terms. I can truly give Zach the highest recommendation to anyone that works with him!” - Mila R.
While there are dozens, if not hundreds of turnkey providers in the US, Rent to Retirement is the leader in turnkey rentals for several reasons. We have properties in some of the best rental markets, offer 5%-down financing for new build investments, and are the highest-rated turnkey real estate company in the US!
Rent to Retirement has the highest reviews of any turnkey provider. We hold a perfect five-star rating across BiggerPockets, the Better Business Bureau (BBB), and other platforms!
Marco Santarelli is the founder and current owner of Norada Real Estate Investments. He founded the business in 2003 in Laguna Niguel, California.
Investors use a wide range of metrics—like purchase price, cash flow, net operating income (NOI), or price-to-income ratio—to determine whether a real estate deal is a “good” investment for them. The best deal for you is one that fits your needs, buy box, and investing goals!