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Will these cities become the best real estate markets of 2025? Norada Real Estate Investments, a turnkey real estate provider, thinks so. So today, we brought back data analyst Austin Wolff and short-term rental expert Garrett Brown to give their takes on the markets Norada is calling some of the hottest for this year. Some make complete sense to us, but we're a bit cautious of others. That being said, the number one market on the list is one we can ALL agree with. Austin and Garrett are on today to give both a long-term and short-term rental perspective. Some of these cities show tremendous economic growth, but will that be enough for an Airbnb to succeed in the area? Could stricter short-term regulations make long-term rentals a better option in these cities? We're diving into each of the top five cities and giving our thoughts on which investments will work, which won't, and whether we'd buy there. Plus, the number one market on the list is getting us all very excited. With massive economic upside and fundamentals that make it great for long- and short-term rentals, this is one market every investor should watch closely—or even consider buying in. In This Episode We Cover Norada's top real estate markets of 2025 (and whether we agree with them) 2025's number-one real estate investing city that we are all extremely bullish on Criteria you can use to judge any real estate investing area (economy, housing supply, etc.) Why some of the top cities do NOT make good short-term rental markets One city that is currently struggling but has tremendous future potential And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Read Dave's “2025 State of Real Estate Investing Report” Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile 13 Real Estate Hot Spots You Won't Want to Miss Next Year On the Market 270 - 13 Real Estate “Hotspots” to Invest In (2025 Update) w/Austin Wolff Norada's Top Real Estate Investing Markets for 2025 Austin's BiggerPockets Profile Garrett's BiggerPockets Profile Jump to topic: (00:00) Intro (03:44) 5. Phoenix, Arizona (09:40) 4. Tampa, Florida (13:29) 3. Austin, Texas (Really?) (16:29) 2. Nashville, Tennessee (24:13) The #1 Market Is... (29:02) Other Top Real Estate Markets Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-287 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
Ever wondered how to achieve financial freedom through high-yield investments? Join us as we delve into the world of passive income with Marco Santarelli, a two-time Inc. 1000 entrepreneur, investor, author, Broadway producer, and the founder of Norada Capital Management and Norada Real Estate Investments, the nation's largest provider of turnkey investment properties.As the host of the top-rated podcast, Passive Real Estate Investing, Marco has made it his mission to help 1 million people create wealth and passive income. In this episode, he shares his invaluable insights on achieving financial independence, discussing strategies that have helped countless individuals embark on their journey to economic freedom. Whether you're a seasoned investor or just starting out, Marco's expertise and proven track record offer a treasure trove of knowledge for anyone looking to maximize their investment potential. Don't miss this opportunity to learn from one of the best in the industry!
Single-family residential real estate may not be flashy, but it's still a great investment—especially when you choose turnkey properties. On this episode of Zen and the Art of Real Estate Investing, Jonathan welcomes Marco Santarelli. Marco is an entrepreneur, investor, author, speaker, podcaster, educator, and the founder and CEO of Norada Capital Management and Norada Real Estate Investments, the largest nationwide provider of turnkey investment properties. Jonathan and Marco begin their conversation by discussing Marco's first property flip at just 18 years old. You'll hear how Marco cultivated an entrepreneurial mindset and the personality trait that helped him get started down this path at a young age. He shares why ignorance is expensive, why he no longer budgets to the penny, and what led him to found Norada Real Estate Investments to help others invest in turnkey properties. Marco reveals two concepts every investor should know, his favorite asset class (hint: it isn't flashy), and his advice for brand-new investors. Finally, you'll hear why networking with like-minded people is critical to building your knowledge base as an investor. Buying investment properties doesn't have to mean purchasing fixers. Instead, you can consider working with someone like Marco, who specializes in matching investors with turnkey properties. In this episode, you will hear: Marco Santarelli's first property flip at 18 years old and what interested him about real estate The entrepreneurial mindset, the time freedom it offers, educating yourself, and investing in assets that create an income and equity over time The personality trait Marco possessed that helped him get started at such a young age Why ignorance is expensive and creating a target to achieve success Understanding your finances and focusing on making money versus saving your way to wealth How Marco educated himself when he first began real estate investing and before the internet The story behind the founding of Marco's turnkey real estate company The lure of turnkey properties and why no property is totally passive Two concepts Marco says investors should know Deciding whether you're a cash flow investor or appreciation-based Marco's exploration of other asset classes and what his favorite is Property management and caring for tenants like customers The advice Marco would offer to a brand-new investor and where he recommends starting Why networking with likeminded people is critical for building your knowledge base Norada Capital's goal and what makes it great for investors Follow and Review: We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/142/ to download it. Supporting Resources: Marco Santarelli's website - MarcoSantarelli.com Find Marco on YouTube - www.youtube.com/@MarcoGSantarelli Marco's Instagram account - www.instagram.com/marcogsantarelli Connect with Marco on LinkedIn - www.linkedin.com/in/marcosantarelli Find Marco Santarelli on Twitter/X - twitter.com/MarcoSantarelli Norada Real Estate's website - NoradaRealEstate.com Norada Capital's website - NoradaCapital.com Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - https://www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.
Marco Santarelli is a two-time Inc. 1000 entrepreneur, investor, author, Broadway producer, and the founder of Norada Capital Management (a private equity firm and investment fund), and Norada Real Estate Investments (the largest nationwide provider of turnkey investment property). He is also the host of the top-rated podcast – Passive Real Estate Investing.. Marco Santarelli is a real estate investor who has a great story to share and words of wisdom to impart for both beginning and veteran investors alike, so grab your pen and paper, buckle up and enjoy the ride. Want to get in contact with Marco Santarelli? Reach out at www.MarcoSantarelli.com.Want to become financially free through commercial real estate? Check out our eBook to learn how to jump start a cash flowing real estate portfolio here https://www.therealestateinvestingclub.com/real-estate-wealth-book Enjoy the show? Subscribe to the channel for all our upcoming real estate investor interviews and episodes. ************************************************************************ GET INVOLVED, CONNECTED & GROW YOUR REAL ESTATE BUSINESS LEARN -- Want to learn the ins and outs of real estate investing? Check out our book at https://www.therealestateinvestingclub.com/real-estate-wealth-book PARTNER -- Want to partner on a deal or connect in person? Email the host Gabe Petersen at gabe@therealestateinvestingclub.com or reach out on LinkedIn at https://www.linkedin.com/in/gabe-petersen/ WATCH -- Want to watch our YouTube channel? Click here: https://bit.ly/theREIshow ************************************************************************ ABOUT THE REAL ESTATE INVESTING CLUB SHOW Hear from successful real estate investors across every asset class on how they got started investing in real estate and then grew from their first deal to a portfolio of cash-flowing properties. We interview real estate pros from every asset class and learn what strategies they used to create generational wealth for themselves and their families. The REI Club is an interview-based real estate show that will teach you the fastest ways to start and grow your real estate investing career in today's market - from multifamily, to self-storage, to mobile home parks, to mix-use industrial, you'll hear it all! Join us as we delve into our guests career peaks and valleys and the best advice, greatest stories, and favorite tips they learned along the way. Want to create wealth for yourself using the vehicle of real estate? Getting mentorship is the fastest way to success. Get an REI mentor and check out our REI course at https://www.therealestateinvestingclub.com. #realestateinvesting #passiveincome #realestate Interested in becoming a passive investor in one of our projects? Kaizen Properties, is looking for passive investors for our upcoming deals. We invest in what are known as “recession resistant assets”: self storage, MH & RV parks, and industrial properties. If you are interested, go to the website and click on the “Invest with Us” button at the bottom of the page.Support the Show.
You'll hear about achieving financial freedom in this conversation with Marco Santarelli, a two-time Inc. 1000 entrepreneur, investor, author, and Broadway producer. Marco is the founder of Norada Capital Management and Norada Real Estate Investments, the largest nationwide provider of turnkey investment property. You'll also learn how Marco has a mission to help people achieve personal and financial goals. He offers training programs and covers the benefits of having a lifelong learner mindset. You'll hear about the differences between active and passive investing, and the important role a sponsor plays in the outcome of an investment. To connect with Marco, follow him on Instagram and visit his website. And I'm always happy to connect with listeners—you can find me online at: My website: JamesNelson.com LinkedIn: JamesNelsonNYC Instagram: JamesNelsonNYC Twitter: JamesNelsonNYC My Forbes.com articles: Forbes.com/sites/jamesnelson
It's Tuesday, December 19th, A.D. 2023. This is The Worldview in 5 Minutes heard at www.TheWorldview.com. I'm Adam McManus. (Adam@TheWorldview.com) By Kevin Swanson Muslim terrorists kidnapped pastor in Burkina Faso, Africa Global Christian Relief reports that Muslim terrorists have kidnapped a pastor in Burkina Faso, Africa along with seven church members. One pastor said he knows of “around 20 churches that were forced to relocate and are living as refugees in different parts of the country.” Pray for the believers in Burkina Faso — a smaller African nation located just West of Niger. American Jewish facilities targeted Repercussions against American Jewish facilities have increased, reports Israel National News. Just over the weekend, authorities reported 200 bomb threats and false alarms — 100 in California and 62 in Arizona. Plus, a Boulder, Colorado synagogue was forced to evacuate their Saturday services. Overall, these institutions have experienced a 541% increase in these malicious attacks this year, compared to the previous year. 19,500 Palestinians have been killed According to satellite analysis of Gaza Strip, The Economist reports that almost 43,000 buildings have been damaged and 450,000 people have been left without homes in the Israel-Hamas War. Around 19,500 Palestinians and 1,100 Israelis have been killed, according to official numbers. Canadian real estate bubble burst That loud pop sound you just heard is the Canadian real estate market bubble bursting. The greater Toronto area is down 19% from its peak, Victoria is down 11%, and Ottawa 14%, reports Norada Real Estate Investments. More Americans in financial trouble The number of Americans underwater on car loans as exceeded the record set in 2020. In addition, an unprecedented number of Americans failed to make a monthly payment on their federal loans — about 40% according to the Biden Administration, reports Politico. In fact, 45 million Americans have yet to pay off their federal student loans that total more than $1.6 trillion. Debt is skyrocketing The Global Debt Monitor stands at $307 trillion, reports Reuters. And the federal government debt stands at $97 trillion which is up 40% since 2019. A whopping 34% of the debt comes from the United States. That's twice China's contribution, three times Japan's contribution, and ten times the United Kingdom's contribution — as calculated by Visualist Capitalist. Brazil's drop in Gross Domestic Product Brazil's economy retracted in the third quarter by 0.64%. This follows two years of positive Gross Domestic Product growth in 2021 and 2022. Nonetheless, since 2011, the per capita GDP for the nation dropped from $13,200 to $8,900. Conservatives unable to stop tax-funded abortion travel & transgender surgeries The House has passed an $886 billion defense bill without the support of the Republican conservative caucus amounting to 118 votes. They were unable to eliminate taxpayer-supported transgender surgeries and travel for abortions, reports CNA News. Also, some conservatives were hoping to prevent the intelligence community from accessing private devices and communications without a warrant. The bill allowed access through 2024. Pope approves of blessing homosexual couples For the first time, the Vatican and Pope Francis have officially approved of blessings for those living in sinful sexual relationships, removing church discipline for men living in sin, reports LifeSiteNews.com. These blessings are allowed for “couples in irregular situations and for couples of the same sex,” and they are intended so that “human relationships may mature and grow in fidelity to the Gospel message.” However, the decision contradicts a 2021 ruling which stated that God “cannot bless sin.” According to Pew Research, 92% of Catholics in the Netherlands support homosexual faux-marriage as well as 76% of England's Catholics and 61% of American Catholics. Proverbs 25:26 says, “A righteous man who falters before the wicked is like a murky spring and a polluted well.” Evangelical Wayne Grudem calls for Trump to drop out In a public op-ed posted on Newsweek.com, Evangelical theologian Wayne Grudem is encouraging former President Donald Trump to drop out of the 2024 presidential election. While Grudem believes Trump “accomplished a remarkable number of good things for America,” he lists seven problems with the candidate in the 2024 election — including legal problems, refusing to admit losing the last election, Trump's character, Trump's age, and rash endorsements of weak Republican candidates in the last U.S. Senate election. Grudem is calling for a younger Republican candidate for the nomination. Tennessee tornado destroyed 100 homes And finally, more than 100 homes were destroyed by a tornado in Clarksville, Tennessee on Saturday. One mom almost lost her 4-month-old baby to the EF Scale 3 twister. The newborn was still in his bassinet as his father desperately reached for him. Sydney Moore, the mother, talked to News 15. MOORE: “He tried to grab him, but he couldn't and the tip of the tornado sucked them both up.” The baby was ejected from the home. The father was hit by a tree. And Sydney and her other child were trapped under a collapsed wall. Eventually, the father found the newborn alive and without injury. MOORE: “He found him laying in a tree, like somebody placed him in this tree. I don't know how we survived. It had to have been God.” Psalm 56:11-13 says, “In God I have put my trust; I will not be afraid. What can man do to me? For You have delivered my soul from death. Have You not kept my feet from falling, that I may walk before God in the light of the living?” Close And that's The Worldview in 5 Minutes on this Tuesday, December 19th in the year of our Lord 2023. Subscribe by iTunes or email to our unique Christian newscast at www.TheWorldview.com. Or get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ.
Hosting one of the top-rated podcasts in real estate, our guest, Marco Santarelli, will leave you wanting more. In this episode, you'll learn actionable tricks to find free real estate market information, master approaches when scaling your portfolio, and mitigate market risks. Take advantage of this opportunity to learn and grow!Key Takeaways to Listen forWhich asset class should you invest in as a real estate beginner?Easy hacks for finding free and accurate real estate market dataHow to leverage a top-down approach to expand your RE portfolio The best way to mitigate risks in real estateCommon misconceptions about money that you need to overcomeResources Mentioned in This EpisodeGoogle Apartment Syndication Due Diligence Checklist for Passive Investor About Marco SantarelliMarco is a two-time Inc. 1000 entrepreneur, investor, author, Broadway producer, and the founder of Norada Capital Management and Norada Real Estate Investments, the largest nationwide provider of turnkey investment property. He is also the host of the top-rated podcast Passive Real Estate Investing, with over 500 episodes to date. His mission is to help 1 million people create wealth and passive income and lead them to financial freedom.Connect with MarcoWebsite: Norada Real Estate Investments | Aspire Tour | Impact Others | Marco SantarelliPodcast: Passive Real Estate InvestingTo Connect With UsPlease visit our website: www.bonavestcapital.com, and please click here, to leave a rating and review!SponsorsGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams
Marco Santarelli is a two-time Inc. 1000 entrepreneur, investor, author, Broadway producer, and the founder of Norada Capital Management and Norada Real Estate Investments. Marco purchased his first real estate investment at the age of 18, he went on to get his real estate license and sell residential real estate for three years before leaving real estate sales to pursue other active business ventures. Because of his love and passion for real estate, and desire to help others succeed in building their wealth through real estate investing, he eventually returned to real estate investing and founded Norada Real Estate Investments in 2003, a successful real estate investment firm focused on helping other investors build wealth through the power of real estate.IN THIS EPISODE, WE TALK ABOUT:Why Marco is Bullish on Real Estate TodayHow to Build a Passive Real Estate Portfolio Anywhere in the U.S.How to Create Passive Income and Beat Inflation with Promissory NotesCONNECT WITH MARCO: www.MarcoSantarelli.comVallard Advisors: Looking to optimize your taxes, enhance your financial strategy, and build a lasting partnership with a dedicated CPA firm? Our podcast is sponsored by Vallard Advisors, a leading tax strategy and financial planning service. From minimizing tax liability to providing payroll, bookkeeping, and CFO services, Vallard Advisors offers comprehensive solutions tailored to your business and personal goals. Take control of your finances today by scheduling a consultation at www.vallardadvisors.comCONNECT WITH CANDYReceive my weekly email: www.candyvalentino.comFollow me @candyvalentino Grab your copy of Wealth Habits: https://www.wealthhabitsbook.com/Join the Virtual Wealth Habits Workshop: https://wealthhabits.candyvalentino.com/
Discover how to make informed decisions and capitalize on opportunities in both established and emerging markets. Whether you're a seasoned investor seeking to expand your portfolio or a novice venturing into the world of real estate, this episode offers invaluable guidance for achieving financial success through strategic investments. We delve into key topics and share practical tips that can be implemented immediately. Marco's real estate passion and desire to help others succeed shine through in every conversation. Join us as we unlock the secrets of real estate success and empower you to make informed, profitable choices. Don't miss out on this invaluable resource for real estate enthusiasts and aspiring investors. EPISODE HIGHLIGHTS: The Remarkable Backstory of Marco Santarelli Finding The Next Hot Real Estate Market Building A Real Estate Marketing Segmentation Strategy His Secret to Real Estate Investing Success What To Consider When Investing in Real Estate Finding A Good Property Manager to Help Grow Your Business Marco Santarelli, a seasoned investor, author, Inc. 5000 entrepreneur, and founder of Norada Real Estate Investments, has dedicated his career to empowering individuals on their journey to financial freedom through real estate. With a mission to assist one million people in creating wealth and passive income, Marco has established Norada as a nationwide provider of turnkey cash-flow investment properties. With an unwavering commitment to helping others succeed, Marco has become a trusted authority in the industry. His vision and extensive experience have earned him recognition as an influential figure in the real estate community. Marco's dedication to empowering individuals to achieve financial freedom through real estate investing makes him an invaluable resource for aspiring investors and those seeking to grow their wealth. Through his work, he continues to inspire and educate countless individuals on the path to success. Connect with Marco LinkedIn https://www.linkedin.com/in/marcosantarelli/ Website https://www.passiverealestateinvesting.com/ https://www.noradarealestate.com/ Did you enjoy today's episode? Please click here to leave a review for The We Build Great Apartment Communities. Be sure to subscribe on your favorite podcast app to get notified when a new episode comes out! Do you know someone who might enjoy this episode? Share this episode to inspire and empower! Connect with John Brackett and We Build Great Apartment Communities Instagram @webuildgreatcommunities Facebook @buildingreatcommunities LinkedIn @brackettjohn Website www.fidelitybps.com Subscribe to The We Build Great Apartment Communities Apple Podcasts Spotify Do you think you would be a great fit for the show? Apply to be a guest by clicking here. Fidelity Business Partners, Inc. 6965 El Camino Real Suite 105-190 Carlsbad, CA 92009 D: 760-301-5311 F: 760-987-6065
Kevin Attride answers your listener questions with the help of Marco Santarelli of Norada Real Estate Investments. Get a VIP connection to Norada and the rest of our experts! ➡️ https://InvestingSecrets.tv/VIP Subscribe and listen to Investing Secrets: ➡️ YouTube: https://InvestingSecrets.tv/YouTube ➡️ Apple: https://InvestingSecrets.tv/Apple ➡️ Spotify: https://InvestingSecrets.tv/Spotify ➡️ Google: https://InvestingSecrets.tv/Google Question? Have a question about investing or any of the secrets from this episode? Post in the comments section of this video or email us. InvestingSecretsWithKevin@gmail.com Episode Sponsors ➡️ Living Wealth ➡️ Norada Real Estate Investments ➡️ Lighthouse Wealth Investing Secrets with Kevin Attride was born out of a desire to empower investors and those interested in maximizing their finances. We're bringing you the tips, tricks, and secrets of successful investors and the wealthy no matter where you are on your journey. #InvestingSecrets #KevinAttride #RealEstate #RealEstateInvesting #MarcoSantarelli #NoradaRealEstateInvestments #Inflation #InvestingTeam #TurnkeyInvesting #ResidentialRealEstate DISCLAIMER The information contained in this episode are opinions not to be used as individual guidance. As always, consult your own financial team for your investment decisions. We recommend that as a consumer, you exercise your due diligence and research any and all strategies outlined before adopting them for your unique situation. Investing Secrets with Kevin Attride and other encompassed entities are not responsible for any damages that result from an effort to implement the information provided in this or any other video, article, social media post, and related publications. Your use and viewing of any materials and videos published by Investing Secrets with Kevin Attride and other encompassed entities confirms your acknowledgement and agreement that Wyoming law will apply to any and all disputes related to the aforementioned entities and that Wyoming will serve as the venue for any disputes, claims, and litigious activities related but not limited to the materials produced by Investing Secrets with Kevin Attride and other encompassed entities. Investing Secrets with Kevin Attride, other encompassed entities, and all other associated persons including but not limited to independent contractors, employees, and affiliates, research and review all content for this site to the best of their abilities but make no guarantees, representations, or warranties as to the complete accuracy and inclusion of all relevant information for each video, including but not limited to all video streams, suggested and provided links and resources. All parties specifically disclaim any implied warranties of merchantability or fitness for any and all purposes. Copyright, Liability Waiver and Disclaimers As per and unless otherwise permitted under the United States Copyright Act, no part of the content of this video or any video published under Investing Secrets with Kevin Attride and other encompassed entities, shall be stored, copied, recreated, republished, or transported. Prior express written permission is required for any use of this video not permitted under the United States Copyright Act. All Rights Reserved.
Marco Santarelli is a serial entrepreneur, investor, and founder of Norada Real Estate Investments and Norada Capital. He has 19 years of experience in real estate investing and helps people create wealth with passive income and financial freedom. What you'll learn about in this episode: Discover why he chooses 1-4 unit residential properties & promissory notes as an investment avenue. Learn how ‘house hacking' can help you get started in real estate investment! Find out what elements make up the perfect market for investing opportunities. What keeps real estate interesting? Stay tuned for tips on timing your investments right, being market agnostic when it comes to investing money & keeping yourself constantly educated about current trends. Resources: Website: https://noradacapital.com Website: https://www.noradarealestate.com Podcast: https://www.passiverealestateinvesting.com Additional Resources: Website: www.clarkst.com Phone: (860) 675-5800 Facebook: www.facebook.com/ClarkStCapital Instagram: www.instagram.com/clarkstcapital Twitter: https://twitter.com/clarkstcapital1 LinkedIn: www.linkedin.com/company/clark-st-capital
Marco Santarelli is an investor, author, and founder of Norada Real Estate Investments – a national real estate investment company offering well-researched investment opportunities in emerging US markets. Marco is also the creator of DealGrader™ – a scoring system that measures the investment quality of a real estate investment, giving you an overall snapshot of its profitability and investment risk. Marco went on to get his real estate license and sell residential real estate for three years before leaving real estate sales to pursue other active business ventures. Because of his love and passion for real estate, and desire to help others succeed in building their wealth through real estate investing, he eventually returned to real estate investing and founded Norada Real Estate Investments in 2003. Today, Marco Santarelli is a licensed California real estate broker and runs a successful real estate investment firm focused on helping other investors build wealth and passive income through the power of income-producing real estate. In this episode, Marco shares key insights on what he does to help passive investors, changes that passive investors should be paying attention to, the categories of passive income, and why you should invest in crypto assets. Tune in now! 01:01 - Guest Introduction: Marco Santarelli 01:45 - Marco's background 06:17 - Next step 09:04 - Changes that passive investors need to pay attention to 09:29 - Four categories of passive income 12:45 - Crypto assets vs. cryptocurrency 15:16 - Getting comfortable despite having less control 19:51 - What's happening in real estate 23:27 - What investors should pay attention to 26:27 - Will the Fed reverse course in the near future? 28:30 - How do you help passive investors? Connecting with the Guest: Website: http://marcosantarelli.com/ https://www.passiverealestateinvesting.com/ https://www.noradarealestate.com/ Linkedin: https://www.linkedin.com/in/marcosantarelli/ Podcast: “Passive Real Estate Investing” #NewPassiveInvestingStrategy #buildingbestinvestmentporfolio #passiveincomeonrealestate
The Investor Relations Real Estate Podcast Episode 103 - How to Build a Passive Real Estate Portfolio Anywhere in the U.S.Host: Jonny Cattani Guest: Marco SantarelliProducer: April MunsonJonny Cattani is joined by Marco Santarelli to discuss: Buy in good markets and good neighborhoods Why I'm Bullish on Real Estate TODAY and YOU Should be TooHow to Build a Passive Real Estate Portfolio Anywhere in the U.S.Marco Santarelli is an investor, author, Inc. 1000 entrepreneur, and the founder of Norada Real Estate Investments – the largest nationwide provider of turnkey cash-flow investment property.His mission is to help 1 million people create wealth and passive income and put them on the path to financial freedom.He's also the host of the top-rated podcast – Passive Real Estate Investing.Linked material referenced during the show: Book: Rich Dad Poor Dad - Robert Kiyosaki https://www.amazon.com/Rich-Dad-Poor-Anniversary-Middle/dp/B07QPQ8WBL/ref=sr_1_1?crid=2XXMORH4LKUFU&keywords=rich+dad+poor+dad&qid=1661029329&sprefix=rich+dad+poor+dad+%2Caps%2C105&sr=8-1Book: Think and Grow Rich - Napoleon Hillhttps://www.amazon.com/Think-and-Grow-Rich-Napoleon-Hill-audiobook/dp/B000XJNDVQ/ref=sr_1_1?crid=2MNRRVA51EUN2&keywords=think+and+grow+rich+napoleon+hill&qid=1661029373&s=audible&sprefix=thnk+and+%2Caudible%2C89&sr=1-1Connect with Marco!www.NoradaRealEstate.comwww.PassiveRealEstateInvesting.comConnect with Jonny!Cattani Capital Group: https://cattanicapitalgroup.com/Invest with us: invest@cattanicapitalgroup.comLinkedIn: https://www.linkedin.com/in/jonathan-cattani-53159b179/Jonny's Instagram: https://www.instagram.com/jonnycattani/IRR Podcast Instagram: https://www.instagram.com/theirrpodcast/TikTok:https://www.tiktok.com/@jonnycattani?lang=enYouTube: https://www.youtube.com/channel/UCljEz4pq_paQ9keABhJzt0AFacebook: https://www.facebook.com/jonathan.cattani.1
Kevin Attride answers your listener questions with the help of Marco Santarelli of Norada Real Estate Investments. Get a VIP connection to Norada and the rest of our experts! ➡️ https://InvestingSecrets.tv/VIP Subscribe and listen to Investing Secrets: ➡️ YouTube: https://InvestingSecrets.tv/YouTube Question? Have a question about investing or any of the secrets from this episode? Post in the comments section of this video or email us. InvestingSecretsWithKevin@gmail.com Episode Sponsors ➡️ Living Wealth ➡️ Norada Real Estate Investments ➡️ Lighthouse Wealth Investing Secrets with Kevin Attride was born out of a desire to empower investors and those interested in maximizing their finances. We're bringing you the tips, tricks, and secrets of successful investors and the wealthy no matter where you are on your journey. #RealEstate #RealEstateInvesting #MarcoSantarelli #NoradaRealEstateInvestments #TurnkeyInvesting #ResidentialRealEstate #InvestingSecrets #KevinAttride DISCLAIMER The information contained in this episode are opinions not to be used as individual guidance. As always, consult your own financial team for your investment decisions. We recommend that as a consumer, you exercise your due diligence and research any and all strategies outlined before adopting them for your unique situation. Investing Secrets with Kevin Attride and other encompassed entities are not responsible for any damages that result from an effort to implement the information provided in this or any other video, article, social media post, and related publications. Your use and viewing of any materials and videos published by Investing Secrets with Kevin Attride and other encompassed entities confirms your acknowledgement and agreement that Wyoming law will apply to any and all disputes related to the aforementioned entities and that Wyoming will serve as the venue for any disputes, claims, and litigious activities related but not limited to the materials produced by Investing Secrets with Kevin Attride and other encompassed entities. Investing Secrets with Kevin Attride, other encompassed entities, and all other associated persons including but not limited to independent contractors, employees, and affiliates, research and review all content for this site to the best of their abilities but make no guarantees, representations, or warranties as to the complete accuracy and inclusion of all relevant information for each video, including but not limited to all video streams, suggested and provided links and resources. All parties specifically disclaim any implied warranties of merchantability or fitness for any and all purposes. Copyright, Liability Waiver and Disclaimers As per and unless otherwise permitted under the United States Copyright Act, no part of the content of this video or any video published under Investing Secrets with Kevin Attride and other encompassed entities, shall be stored, copied, recreated, republished, or transported. Prior express written permission is required for any use of this video not permitted under the United States Copyright Act. All Rights Reserved.
Kevin Attride answers your listener questions with the help of Marco Santarelli of Norada Real Estate Investments. Get a VIP connection to Norada and the rest of our experts! ➡️ https://InvestingSecrets.tv/VIP Subscribe and listen to Investing Secrets: ➡️ YouTube: https://InvestingSecrets.tv/YouTube Question? Have a question about investing or any of the secrets from this episode? Post in the comments section of this video or email us. InvestingSecretsWithKevin@gmail.com Episode Sponsors ➡️ Living Wealth ➡️ Norada Real Estate Investments ➡️ Lighthouse Wealth Investing Secrets with Kevin Attride was born out of a desire to empower investors and those interested in maximizing their finances. We're bringing you the tips, tricks, and secrets of successful investors and the wealthy no matter where you are on your journey. #RealEstate #RealEstateInvesting #MarcoSantarelli #NoradaRealEstateInvestments #TurnkeyInvesting #ResidentialRealEstate #InvestingSecrets #KevinAttride DISCLAIMER The information contained in this episode are opinions not to be used as individual guidance. As always, consult your own financial team for your investment decisions. We recommend that as a consumer, you exercise your due diligence and research any and all strategies outlined before adopting them for your unique situation. Investing Secrets with Kevin Attride and other encompassed entities are not responsible for any damages that result from an effort to implement the information provided in this or any other video, article, social media post, and related publications. Your use and viewing of any materials and videos published by Investing Secrets with Kevin Attride and other encompassed entities confirms your acknowledgement and agreement that Wyoming law will apply to any and all disputes related to the aforementioned entities and that Wyoming will serve as the venue for any disputes, claims, and litigious activities related but not limited to the materials produced by Investing Secrets with Kevin Attride and other encompassed entities. Investing Secrets with Kevin Attride, other encompassed entities, and all other associated persons including but not limited to independent contractors, employees, and affiliates, research and review all content for this site to the best of their abilities but make no guarantees, representations, or warranties as to the complete accuracy and inclusion of all relevant information for each video, including but not limited to all video streams, suggested and provided links and resources. All parties specifically disclaim any implied warranties of merchantability or fitness for any and all purposes. Copyright, Liability Waiver and Disclaimers As per and unless otherwise permitted under the United States Copyright Act, no part of the content of this video or any video published under Investing Secrets with Kevin Attride and other encompassed entities, shall be stored, copied, recreated, republished, or transported. Prior express written permission is required for any use of this video not permitted under the United States Copyright Act. All Rights Reserved.
Kevin Attride answers your listener questions with the help of Marco Santarelli of Norada Real Estate Investments. Get a VIP connection to Norada and the rest of our experts! ➡️ https://InvestingSecrets.tv/VIP Subscribe and listen to Investing Secrets: ➡️ YouTube: https://InvestingSecrets.tv/YouTube Question? Have a question about investing or any of the secrets from this episode? Post in the comments section of this video or email us. InvestingSecretsWithKevin@gmail.com Episode Sponsors ➡️ Living Wealth ➡️ Norada Real Estate Investments ➡️ Lighthouse Wealth Investing Secrets with Kevin Attride was born out of a desire to empower investors and those interested in maximizing their finances. We're bringing you the tips, tricks, and secrets of successful investors and the wealthy no matter where you are on your journey. #RealEstate #RealEstateInvesting #MarcoSantarelli #NoradaRealEstateInvestments #TurnkeyInvesting #ResidentialRealEstate #InvestingSecrets #KevinAttride DISCLAIMER The information contained in this episode are opinions not to be used as individual guidance. As always, consult your own financial team for your investment decisions. We recommend that as a consumer, you exercise your due diligence and research any and all strategies outlined before adopting them for your unique situation. Investing Secrets with Kevin Attride and other encompassed entities are not responsible for any damages that result from an effort to implement the information provided in this or any other video, article, social media post, and related publications. Your use and viewing of any materials and videos published by Investing Secrets with Kevin Attride and other encompassed entities confirms your acknowledgement and agreement that Wyoming law will apply to any and all disputes related to the aforementioned entities and that Wyoming will serve as the venue for any disputes, claims, and litigious activities related but not limited to the materials produced by Investing Secrets with Kevin Attride and other encompassed entities. Investing Secrets with Kevin Attride, other encompassed entities, and all other associated persons including but not limited to independent contractors, employees, and affiliates, research and review all content for this site to the best of their abilities but make no guarantees, representations, or warranties as to the complete accuracy and inclusion of all relevant information for each video, including but not limited to all video streams, suggested and provided links and resources. All parties specifically disclaim any implied warranties of merchantability or fitness for any and all purposes. Copyright, Liability Waiver and Disclaimers As per and unless otherwise permitted under the United States Copyright Act, no part of the content of this video or any video published under Investing Secrets with Kevin Attride and other encompassed entities, shall be stored, copied, recreated, republished, or transported. Prior express written permission is required for any use of this video not permitted under the United States Copyright Act. All Rights Reserved.
Kevin Attride explores the investing secrets of real estate investing, hedges for inflation, and practical tips for successful investing with Marco Santarelli of Norada Real Estate Investments. Get a VIP connection to Norada and the rest of our experts! ➡️ https://InvestingSecrets.tv/VIP Subscribe and listen to Investing Secrets: ➡️ YouTube: https://InvestingSecrets.tv/YouTube Question? Have a question about investing or any of the secrets from this episode? Post in the comments section of this video or email us. InvestingSecretsWithKevin@gmail.com Episode Sponsors ➡️ Living Wealth ➡️ Norada Real Estate Investments ➡️ Lighthouse Wealth Investing Secrets with Kevin Attride was born out of a desire to empower investors and those interested in maximizing their finances. We're bringing you the tips, tricks, and secrets of successful investors and the wealthy no matter where you are on your journey. #InvestingSecrets #KevinAttride #RealEstate #RealEstateInvesting #MarcoSantarelli #NoradaRealEstateInvestments #Inflation #InvestingTeam #TurnkeyInvesting #ResidentialRealEstate DISCLAIMER The information contained in this episode are opinions not to be used as individual guidance. As always, consult your own financial team for your investment decisions. We recommend that as a consumer, you exercise your due diligence and research any and all strategies outlined before adopting them for your unique situation. Investing Secrets with Kevin Attride and other encompassed entities are not responsible for any damages that result from an effort to implement the information provided in this or any other video, article, social media post, and related publications. Your use and viewing of any materials and videos published by Investing Secrets with Kevin Attride and other encompassed entities confirms your acknowledgement and agreement that Wyoming law will apply to any and all disputes related to the aforementioned entities and that Wyoming will serve as the venue for any disputes, claims, and litigious activities related but not limited to the materials produced by Investing Secrets with Kevin Attride and other encompassed entities. Investing Secrets with Kevin Attride, other encompassed entities, and all other associated persons including but not limited to independent contractors, employees, and affiliates, research and review all content for this site to the best of their abilities but make no guarantees, representations, or warranties as to the complete accuracy and inclusion of all relevant information for each video, including but not limited to all video streams, suggested and provided links and resources. All parties specifically disclaim any implied warranties of merchantability or fitness for any and all purposes. Copyright, Liability Waiver and Disclaimers As per and unless otherwise permitted under the United States Copyright Act, no part of the content of this video or any video published under Investing Secrets with Kevin Attride and other encompassed entities, shall be stored, copied, recreated, republished, or transported. Prior express written permission is required for any use of this video not permitted under the United States Copyright Act. All Rights Reserved.
In today's show, Pancham interviews Marco Santarelli - investor, author, host of Passive Real Estate Investing, and founder of Norada Real Estate Investments. Marco shows that he's the epitome of hard work and commitment as he proves that it's never too early to start your career. From starting his first investment at 18 years old to having the largest nationwide provider of turnkey cash-flow investment property, he is getting closer to his goal to help 1 million people gain financial freedom through real estate! In this episode, get inspired as he shares his story of getting started with real estate, buying 84 units within 9 months, surviving through the 2008 financial crisis, and achieving financial independence! He'll also share the lessons he learned that he has implemented in his business so don't miss it! Listen and enjoy the show! Quote: “What was interesting is that around the age of 15-16, I was buying books and programs and courses to teach myself about business and investing - specifically real estate investing.” Timestamped Shownotes: 0:36 - Pancham introduces Marco to the show 1:57 - His journey on scaling his real estate business and helping others invest 11:24 - Creating vs. adopting a system that works for you 16:39 - On implementing his 10 rules for successful real estate investing 22:32 - Why real estate is still the best investment regardless of time 30:25 - On selectively diversifying his asset classes to scale his portfolio 34:21 - Taking the Leap Round 34:21 - His first rental property investment at 18 years old 34:46 - Overcoming the mental hurdles when he first started 35:31 - Why his out-of-state investment didn't work out 37:26 - Why you should learn and understand what you're investing in 39:24 - Where you can get your free guide to passive real estate investing 3 Key Points: Never sell your real estate properties. You can replace it with other properties to scale your portfolio, but don't sell it unless absolutely needed as it has the potential to cash flow. Always educate yourself and learn new things as what you don't know would cost you money, time, and wasted opportunities. It's always a good time to invest in real estate. It's only a question of where would you invest as there are a lot of deals and asset classes that you can start with. Get in Touch: Get your FREE copy of The Ultimate Guide to Passive Real Estate Investing at passive@thegoldcollarinvestor.com Norada Real Estate Investments Website - https://www.noradarealestate.com/ 10 Rules of Successful Real Estate Investing - https://www.noradarealestate.com/blog/10-rules-of-successful-real-estate-investing/ The Gold Collar Investor Club - https://thegoldcollarinvestor.com/club/ Pancham Gupta Email - p@thegoldcollarinvestor.com
Marco Santarelli, Investor, Author, and Founder of Norada Real Estate Investments, was interviewed by Adam Torres of Mission Matters Business Podcast. The mission of Norada Real Estate Investments is to help one million people achieve financial independence through real estate investments. A turnkey investment property supplier with locations across the country, Norada has helped thousands of people build wealth and passive income through real estate. Its founder, Marco Santarelli, hosts the top-rated Passive Real Estate Investing podcast.Follow Adam on Instagram at https://www.instagram.com/askadamtorres/ for up to date information on book releases and tour schedule.Apply to be interviewed by Adam on our podcast:https://missionmatters.lpages.co/podcastguest/Visit our website:https://missionmatters.com/
Marco Santarelli, Investor, Author, and Founder of Norada Real Estate Investments, was interviewed by Adam Torres of Mission Matters Money Podcast. The mission of Norada Real Estate Investments is to help one million people achieve financial independence through real estate investments. A turnkey investment property supplier with locations across the country, Norada has helped thousands of people build wealth and passive income through real estate. Its founder, Marco Santarelli, hosts the top-rated Passive Real Estate Investing podcast.Follow Adam on Instagram at https://www.instagram.com/askadamtorres/ for up to date information on book releases and tour schedule.Apply to be interviewed by Adam on our podcast:https://missionmatters.lpages.co/podcastguest/Visit our website:https://missionmatters.com/
IN THIS EPISODE, YOU'LL LEARN:Why Jeff transitioned away from being a Doctor to being a hedge fund managerJeff's thoughts on the healthcare sectorJeff's thoughts on the pharmaceutical sectorHow he can conduct "all-weather" investing with negative spreads in fixed incomeWhy Jeff belief's economic growth or tightening should be the first consideration for investorsHow Jeff identifies a shift in credit growthHow Bitcoin might perform in a credit tightening eventHow Jeff thinks about correlation in a portfolio constructionRegulator guidance for Bitcoin and digital assetsWhy the GBTC discount and what it means*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESJeff Ross's Vailshire Capital ManagementJeff Ross's TwitterNew to the show? Check out our We Study Billionaires Starter Packs.See the all-new 2022 Lexus NX and discover everything it was designed to do for you. Welcome to the next level.Yieldstreet allows you to invest beyond the stock market with an evolving marketplace of alternative investments. Create your account today.Push your team to do their best work with Monday.com Work OS. Start your free two-week trial today.Get access to some of the most sought-after real estate in the U.S. with Crowdstreet.Learn how to create wealth and passive income with Norada Real Estate Investments. Download your free copy of “The Ultimate Guide to Passive Real Estate Investing” today.Get in early on medical technology, breakthroughs in ag tech and food production, solutions in the multi-billion dollar robotic industry, and so much more with a FREE OurCrowd account. Open yours today.Join Commonstock's community of engaged investors to access exclusive financial data, follow and chat with fellow investors, get alerts when friends buy or sell, and make trades directly through the platform.Send, spend and receive money around the world easily with Wise.Be part of the solution by investing in companies that are actively engaged in integrating ESG practices with Desjardins.Updating your wardrobe or just simply looking for a new fall flannel? Head to Mizzen+Main and use promo code WSB to receive $35 off an order of $125 or more!Every 28 seconds an entrepreneur makes their first sale on Shopify. Access powerful tools to help you find customers, drive sales, and manage your day-to-day. Start a FREE fourteen-day trial right now!Reclaim your health and arm your immune system with convenient, daily nutrition. Athletic Greens is going to give you a FREE 1 year supply of immune-supporting Vitamin D AND 5 FREE travel packs with your first purchase.Find Pros & Fair Pricing for Any Home Project for Free with Angi.Canada's #1 employee benefits plan for small businesses! The Chambers Plan evolves with the way you work and live while keeping the rates stable. Opt for the simple, stable, and smart choice for your business.Make it simple to hire and manage remote employees across all 50 states with Justworks.Browse through all our episodes (complete with transcripts) here.Support our free podcast by supporting our sponsors.HELP US OUT!What do you love about our podcast? Here's our guide on how you can leave a rating and review for the show. We always enjoy reading your comments and feedback!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
IN THIS EPISODE, YOU'LL LEARN:01:18 - An in-depth analysis of the stock market crashes in 1907, 1929, 1987, 2008, and 201006:57 - The similarities between the FED's monetary policy in 1929 and today16:02 - How the stock market could decline by 22.6% in a single day in 198726:46 - How the incentives for homeowners and investment bankers in 2008 destroyed the stock market33:25 - Why the next crash is going to look more like the flash crash in 2010 than any of the earlier crashesBOOKS AND RESOURCESScott Nation's book, A History of The United States in Five Crashes – Read reviews of his book.Scott Nation's Amazon author page.Scott Nation's website.New to the show?New to the show? Check out our We Study Billionaires Starter Packs.See the all-new 2022 Lexus NX and discover everything it was designed to do for you. Welcome to the next level.Yieldstreet allows you to invest beyond the stock market with an evolving marketplace of alternative investments. Create your account today.Push your team to do their best work with Monday.com Work OS. Start your free two-week trial today.Get access to some of the most sought-after real estate in the U.S. with Crowdstreet.Learn how to create wealth and passive income with Norada Real Estate Investments. Download your free copy of “The Ultimate Guide to Passive Real Estate Investing” today.Get in early on medical technology, breakthroughs in ag tech and food production, solutions in the multi-billion dollar robotic industry, and so much more with a FREE OurCrowd account. Open yours today.Join Commonstock's community of engaged investors to access exclusive financial data, follow and chat with fellow investors, get alerts when friends buy or sell, and make trades directly through the platform.Send, spend and receive money around the world easily with Wise.Be part of the solution by investing in companies that are actively engaged in integrating ESG practices with Desjardins.Updating your wardrobe or just simply looking for a new fall flannel? Head to Mizzen+Main and use promo code WSB to receive $35 off an order of $125 or more!Every 28 seconds an entrepreneur makes their first sale on Shopify. Access powerful tools to help you find customers, drive sales, and manage your day-to-day. Start a FREE fourteen-day trial right now!Reclaim your health and arm your immune system with convenient, daily nutrition. Athletic Greens is going to give you a FREE 1 year supply of immune-supporting Vitamin D AND 5 FREE travel packs with your first purchase.Find Pros & Fair Pricing for Any Home Project for Free with Angi.Canada's #1 employee benefits plan for small businesses! The Chambers Plan evolves with the way you work and live while keeping the rates stable. Opt for the simple, stable, and smart choice for your business.Make it simple to hire and manage remote employees across all 50 states with Justworks.Browse through all our episodes (complete with transcripts) here.Support our free podcast by supporting our sponsors.HELP US OUT!What do you love about our podcast? Here's our guide on how you can leave a rating and review for the show. We always enjoy reading your comments and feedback!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
IN THIS EPISODE, YOU'LL LEARN:2:33 - Why Tobias Carlisle thinks that William Sonoma undervalued (Ticker: WSM)18:38 - Why Stig has changed his mind on gold46:16 - Why Hari Ramachandra believes that Coinbase is undervalued (Ticker: COIN)*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCES:Stig's interview with David Stein about Alibaba, Evergrande, and the collapse.Mastermind Discussion Q4 2021.Mastermind Discussion Q3 2021.William Green's interview with Ray Dalio.Our FREE stock analysis resource, Intrinsic Value Index.Subscribe to our FREE Intrinsic Value Assessments.Tobias Carlisle's podcast, The Acquires Podcast.Tobias Carlisle's ETF, ZIG.Tobias Carlisle's ETF, Deep.Tobias Carlisle's book, The Acquirer's Multiple – read reviews of this book.Tobias Carlisle's Acquirer's Multiple stock screener: AcquirersMultiple.com.Tweet directly to Tobias Carlisle.Hari's Blog: BitsBusiness.comTweet directly to HariNew to the show? Check out our We Study Billionaires Starter Packs.See the all-new 2022 Lexus NX and discover everything it was designed to do for you. Welcome to the next level.Yieldstreet allows you to invest beyond the stock market with an evolving marketplace of alternative investments. Create your account today.Push your team to do their best work with Monday.com Work OS. Start your free two-week trial today.Get access to some of the most sought-after real estate in the U.S. with Crowdstreet.Learn how to create wealth and passive income with Norada Real Estate Investments. Download your free copy of “The Ultimate Guide to Passive Real Estate Investing” today.Get in early on medical technology, breakthroughs in ag tech and food production, solutions in the multi-billion dollar robotic industry, and so much more with a FREE OurCrowd account. Open yours today.Join Commonstock's community of engaged investors to access exclusive financial data, follow and chat with fellow investors, get alerts when friends buy or sell, and make trades directly through the platform.Send, spend and receive money around the world easily with Wise.Be part of the solution by investing in companies that are actively engaged in integrating ESG practices with Desjardins.Updating your wardrobe or just simply looking for a new fall flannel? Head to Mizzen+Main and use promo code WSB to receive $35 off an order of $125 or more!Every 28 seconds an entrepreneur makes their first sale on Shopify. Access powerful tools to help you find customers, drive sales, and manage your day-to-day. Start a FREE fourteen-day trial right now!Reclaim your health and arm your immune system with convenient, daily nutrition. Athletic Greens is going to give you a FREE 1 year supply of immune-supporting Vitamin D AND 5 FREE travel packs with your first purchase.Find Pros & Fair Pricing for Any Home Project for Free with Angi.Canada's #1 employee benefits plan for small businesses! The Chambers Plan evolves with the way you work and live while keeping the rates stable. Opt for the simple, stable, and smart choice for your business.Make it simple to hire and manage remote employees across all 50 states with Justworks.Browse through all our episodes (complete with transcripts) here.Support our free podcast by supporting our sponsors.HELP US OUT!What do you love about our podcast? Here's our guide on how you can leave a rating and review for the show. We always enjoy reading your comments and feedback!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
IN THIS EPISODE, YOU'LL LEARN:1:50 - Who are the members of the Paypal Mafia, their origin stories, and how PayPal came to be.36:35 - The many trials that Paypal endured.50:24 - The culture at Paypal and how it developed.57:59 - Jimmy's main takeaways having personally interviewed each billionaire and years of additional research. And a whole lot more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCES:Jimmy Soni's Book, The Founders.Jimmy Soni's Twitter.Trey Lockerbie's Twitter.Preston, Trey & Stig's tool for picking stock winners and managing our portfolios: TIP Finance Tool.See the all-new 2022 Lexus NX and discover everything it was designed to do for you. Welcome to the next level.Yieldstreet allows you to invest beyond the stock market with an evolving marketplace of alternative investments. Create your account today.Push your team to do their best work with Monday.com Work OS. Start your free two-week trial today.Get access to some of the most sought-after real estate in the U.S. with Crowdstreet.Learn how to create wealth and passive income with Norada Real Estate Investments. Download your free copy of “The Ultimate Guide to Passive Real Estate Investing” today.Get in early on medical technology, breakthroughs in ag-tech and food production, solutions in the multi-billion dollar robotic industry, and so much more with a FREE OurCrowd account. Open yours today.Join Commonstock's community of engaged investors to access exclusive financial data, follow and chat with fellow investors, get alerts when friends buy or sell, and make trades directly through the platform.Send, spend and receive money around the world easily with Wise.Be part of the solution by investing in companies that are actively engaged in integrating ESG practices with Desjardins.Updating your wardrobe or just simply looking for a new fall flannel? Head to Mizzen+Main and use promo code WSB to receive $35 off an order of $125 or more!Every 28 seconds an entrepreneur makes their first sale on Shopify. Access powerful tools to help you find customers, drive sales, and manage your day-to-day. Start a FREE fourteen-day trial right now!Reclaim your health and arm your immune system with convenient, daily nutrition. Athletic Greens is going to give you a FREE 1 year supply of immune-supporting Vitamin D AND 5 FREE travel packs with your first purchase.Find Pros & Fair Pricing for Any Home Project for Free with Angi.Canada's #1 employee benefits plan for small businesses! The Chambers Plan evolves with the way you work and live while keeping the rates stable. Opt for the simple, stable, and smart choice for your business.Make it simple to hire and manage remote employees across all 50 states with Justworks.Browse through all our episodes (complete with transcripts) here.Support our free podcast by supporting our sponsors.HELP US OUT!What do you love about our podcast? Here's our guide on how you can leave a rating and review for the show. We always enjoy reading your comments and feedback!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
IN THIS EPISODE, YOU'LL LEARN:Mark's overview of monetary history leading up to the current events we see today in financial markets.How the world is currently seeing peak centralization.Mark's opinions on the Anti-communist manifesto.Thoughts on the SEC and regulatory guidance.Mark's thoughts on why PoW is so important.Mark's thoughts on NFTs and smart contract protocols.Thoughts on intel entering the ASICs business.Thoughts on Bitmex acquiring a 268-year-old German Bank.BOOKS AND RESOURCESMark Moss's twitter.Mark's Podcast and website.New to the show? Check out our We Study Billionaires Starter Packs.See the all-new 2022 Lexus NX and discover everything it was designed to do for you. Welcome to the next level.Yieldstreet allows you to invest beyond the stock market with an evolving marketplace of alternative investments. Create your account today.Push your team to do their best work with Monday.com Work OS. Start your free two-week trial today.Get access to some of the most sought-after real estate in the U.S. with Crowdstreet.Learn how to create wealth and passive income with Norada Real Estate Investments. Download your free copy of “The Ultimate Guide to Passive Real Estate Investing” today.Get in early on medical technology, breakthroughs in ag tech and food production, solutions in the multi-billion dollar robotic industry, and so much more with a FREE OurCrowd account. Open yours today.Join Commonstock's community of engaged investors to access exclusive financial data, follow and chat with fellow investors, get alerts when friends buy or sell, and make trades directly through the platform.Send, spend and receive money around the world easily with Wise.Be part of the solution by investing in companies that are actively engaged in integrating ESG practices with Desjardins.Updating your wardrobe or just simply looking for a new fall flannel? Head to Mizzen+Main and use promo code WSB to receive $35 off an order of $125 or more!Every 28 seconds an entrepreneur makes their first sale on Shopify. Access powerful tools to help you find customers, drive sales, and manage your day-to-day. Start a FREE fourteen-day trial right now!Reclaim your health and arm your immune system with convenient, daily nutrition. Athletic Greens is going to give you a FREE 1 year supply of immune-supporting Vitamin D AND 5 FREE travel packs with your first purchase.Find Pros & Fair Pricing for Any Home Project for Free with Angi.Canada's #1 employee benefits plan for small businesses! The Chambers Plan evolves with the way you work and live while keeping the rates stable. Opt for the simple, stable, and smart choice for your business.Make it simple to hire and manage remote employees across all 50 states with Justworks.Browse through all our episodes (complete with transcripts) here.Support our free podcast by supporting our sponsors.HELP US OUT!What do you love about our podcast? Here's our guide on how you can leave a rating and review for the show. We always enjoy reading your comments and feedback!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Welcome back to The Real Estate Nerds Podcast! On today's Bad Beats episode, . Real estate attorney and intrepid host Scott Smith interviews fellow real estate investor Marco Santarelli. Marco is the founder of Norada Real Estate Investments, a nationwide provider of turnkey cash-flow investment properties. Since 2004, they've helped over 1,000 investors create wealth and passive income through real estate. Marco also shares his expertise with investors all over the country for free as the host of the popular Passive Real Estate Investing Podcast. Today, he tells Scott about one of his worst deals, and shares what investors can learn from his mistakes. After all, as us true Real Estate Nerds know, a Bad Beat is only a failure if you don't learn from it. So that's exactly what we're going to do. Let's dive right in.Bad Deals and Good Deals All Start the Same WayScott introduces Marco and gets his perspective on the many ways deals can go bad. In the beginning, it can be hard to tell what you're in for amidst all the excitement.[1:00] Marco jumped right into real estate at 18 years old, the moment he became eligible for financing. 15 years later, he's still in the business and helping other investors find high cash-flow properties. He's seen great success, in part, because he's willing to look at and learn from his mistakes as an investor.[3:00] Both experts agree that good deals and bad deals look the same at first glance. Marco recommends a top-down approach that takes the whole picture into account, rather than remaining hyper-focused on the property itself:[4:00]“You can't look at the property and the property only. You have to look at the macro picture...You start with the market, then work your way down to the suburb, the neighborhoods, then the property.” He suggests further analysis on the tenant, management aspects, and other details of the deal structure.[5:30] Small errors in judgment can escalate quickly. Marco tells a wild story of trusting the wrong property manager. They had a good relationship and had worked together before, that ended abruptly when she ran off with $6,000 of his money. There were red flags he ignored because of their prior success.[6:10] Scott points out how it can be hard to let go of a formerly trusted colleague, even if they've done you wrong: “It's like a breakup, where I'm still in love with you, even though you've been terrible to me.”[7:20] In retrospect, Marco realizes that he should have brought in outside property management. He'd known his runaway manager as an agent, but had never used her as a property manager. Our guest and host agree that just because a person is outstanding at one job doesn't mean they're qualified for another one.Marco Santarelli on How Deals Go WrongStrangely enough, the $6,000 Marco lost isn't the bad beat he came on our show to talk about. Scott and Marco dive into the dirty details of Marco's worst deal.[9:45] Scott asks Marco about what his worst deal was, and what circumstances led up to it. To understand what went wrong, Marco explains the context of the deal. Hhis business, Norada, helps investors with turnkey investments. His company plays an active role in “We want our investor-clients to take their “chunks” of cash and convert it into cash-flow, where you have a stream of cash Flipping business. Things started well enough, and he developed an active business that saw initial success. [12:20] Marco's very first deal under his new business lost him $17,700. Fortunately, his next deals covered the losses and he was making decent average profits. But the complexities of his business set-up, market issues, and operational issues with appraisers contributed to feelings of frustration and dissatisfaction.[13:30] When Marco realized how much his business was taking him away from his true passions in life, he knew it was time for a change: “What was once a baby grew into a monster. It was sucking up more and more of my time...I'd built myself a business that was really a job.” He began scaling down and selling off his properties.[14:34] Marco points out that the realities of flipping are stressful, time-consuming, and not nearly as easy as the media would lead new investors to believe. He cautions against getting investing advice from reality shows: “If you watch HGTV, or you watch all these flipping shows on TV, let's face it, it's reality TV. They're going to show you what they want to show you that makes good TV, but it's not as sexy or as glamorous as you see on TV.” [15:00] While TV shows show the “wins” in flipping and make it look like easy money, Scott Smith points out that there's actually a high level of knowledge required to be a successful flipper. Effective flippers understand markets, unexpected price increases, contractor relations, repair times, and much more. Marco agrees, and offers advice to those considering entering real estate as flippers: “If you're going to flip property, even if it's just one, you need to understand that nothing goes exactly as planned.” [15:30][17:00] While Marco started out in flipping, his Bad Beat started out as a joint venture he was persuaded to get in on. The sponsor who approached him allowed him control over the deal. The first few went well, and they quickly were earning capital in the millions. But over time as operations scaled up, this side project become more problematic and emotionally stressful. Market conditions and Marco's lack of fulfilment drove him to shift his focus towards buy-and-holds and helping other investors.[19:00] Appreciation has influenced Marco's transition: “We're in a seller's market in virtually every part of the country, and because of that, prices are appreciating or going up faster than rents.” This created a major problem for Marco's turn-key properties, as flipping is difficult in this climate. He was forced to diversify, as investors had lower interest in these deals and sales naturally slowed. Conservative appraisals created yet another problem.[21:00] Tight inventory made good deals increasingly hard to find. “When you're averaging single digit returns, that's not enough meat on the bone to continue trying to build the business [22:40]. Under these circumstances, Marco was faced with the choice of being more selective and screening deals more carefully, or downgrading the class of properties he was buying to maintain a profit. The only alternative of moving to a different market didn't appeal to Marco at all.The Takeaway: Vet Your Team and Know When To Walk AwayScott and Marco end the show by discussing their strategies for evaluating potential team members.[23:30] Our guest highlights a truth of the investing world: “Real estate is a team sport. You never do anything by yourself.” Scott agrees, and regularly encourages his clients to have a dream team of an attorney, a CPA, and a dealmaker. Marco has prepared a team on the ground in Chicago, but hasn't yet advanced in making purchases as he is still unloading his existing properties.[27:00] The two investors discuss their habits for vetting a team. Scott takes new team members to hang out where he lives in the Austin area, sometimes taking members on a hike or other normal activity. This helps him get to know the other person, as their defenses drop and it allows both people to feel each other out. Marco sees the wisdom in this strategy, but acknowledges that you never really know what someone is like in a business sense until you're already “in bed” with them. He believes the best you can do is get to know someone, do your homework on them, and look at their work and references.[28:30] Contractors are trickier to vet, but tools like Angie's List can help. Evaluating their past work and taking these relationships slowly can also help, in Marco's experience.[29:30] Scott Smith sometimes gets a work product from a team member, then has another professional come in to evaluate that product. Putting the professionals head-to-head gives Scott insight into both of their characters and their work. He notes that this strategy is particularly useful for his own kind: lawyers. This “test” can be done inexpensively, and Scott isn't afraid to have a little fun with watching fellow lawyers face off for under $100: “It's also just kind of entertaining to watch a cock-fight every now and then.”[30:30] The major lesson Scott observes from Marco's story is the value of walking away before a Bad Beat gets worse. Marco's business wasn't a total failure, but it simply wasn't sustainable when scaled up under current market conditions. Marco has retained his success by sharing his knowledge and experience with new investors and being willing to diversify.Connect With Marco SantarelliFollow Marco Santarelli's business activities by checking out his main website, NoradaRealEstate.com. Listeners can also check out his podcast, which has achieved a spot on the Top 20 podcasts on iTunes. Check out past and current episodes or join the community around Marco's podcast at PassiveRealEstateInvesting.com, where Marco also hosts a wealth of free investing information and resources.Listener ResourcesThank you for joining us on today's episode of the Real Estate Nerds Podcast. For even more free educational resources on real estate investing and the law, check out the Royal Legal Solutions blog. You can also reach our host Scott Smith directly, connect with him on LinkedIn, subscribe to the Royal Legal Solutions YouTube channel, or join our investor community on Facebook.Don't forget to subscribe to stay up to date and have the most current episodes of the Real Estate Nerds Podcast directly in your listening library. Every subscription helps us create new, custom content for you. What did you think of today's episode? What would you like to hear more about in the future? Leave your thoughts and questions in the comments section below, or leave us a review in the iTunes store. We love hearing your feedback, so fire away. Join us again next week to learn how to be in the know for the best deals. Thanks for listening and joining us on our journey to become better investors!Hosted by Scott Smith, Lead Attorney and Founder of Royal Legal SolutionsSchedule your personal consultation now.
The majority of entrepreneurs think that generating huge profits out of their business is enough to achieve financial freedom. Having tangible assets and a large amount of cash stashed in the bank are enough to see them through their golden years. But, there's such a thing called inflation and decreasing purchasing power, and today's guest, Marco Santarelli, talks about how inflation can impact your hard-earned money. Marco is an investor and the founder of Norada Real Estate Investments. He is also the host of Passive Real Estate Investing Podcast. If you are an entrepreneur and are looking for ways to grow your profit, learn about passive investing, and wealth accumulation, this episode is for you! “People don't think about the opportunities that they lose by not being educated and knowledgeable. The more you educate yourself, the more opportunities you find.” -Marco Santarelli In this Episode: Understand the difference between being rich and being wealthy and why entrepreneurs need to learn about investing if they aspire to get ahead in life. Learn why it's important to deploy assets to investments and put money to work instead of “sake-keeping” it in the bank. How to beat cancer to monetary energy and savings and the factors that need to be considered when deciding where to stash the extra cash. Marco shares his 10 rules to successful investing and his non-negotiable advice to first-time investors. Weigh how much ignorance actually costs and how to create value that can be stored to produce more value. Episode Resources: https://www.jamesneilsonwatt.com/results (Live Training with James Neilson-Watt) Connect with Marco Santarelli: https://www.noradarealestate.com/marco-santarelli/ (Website) https://www.passiverealestateinvesting.com/ (Podcast) https://twitter.com/MarcoSantarelli (Twitter) https://www.instagram.com/marcogsantarelli/ (Instagram) https://www.facebook.com/PassiveRealEstate/ (Facebook) https://www.linkedin.com/in/marcosantarelli (LinkedIn) https://www.pinterest.com/passiverealestateinvesting/ (Pinterest) https://www.youtube.com/channel/UC71_evWKHLexoKfXlg6SrDQ?disable_polymer=true (Youtube) Connect with James Neilson-Watt: https://www.facebook.com/healthcarepracticemastery/ (Facebook) https://instagram.com/jamesneilsonwatt?igshid=rgepu995d6ll (Instagram) https://www.youtube.com/channel/UCpXTh0-w1U1pt8cvx75Z0Hg (Youtube)
Marco Santarelli is an Investor, Author, Inc. 5000 Entrepreneur, and the Founder of Norada Real Estate Investments – a Nationwide Provider of Turnkey Cash-Flow Investment property. His Mission is to help 1 million People Create Wealth and Passive Income and Put Them on the Path to Financial Freedom with Real Estate. He's also the host of the top-rated podcast – Passive Real Estate Investing. In this episode we talked about: Current State of the Economy The Pandemic vs Great Recession Property Appreciation Valuation Importance of Rental Growth Inflation Mortgage Rates Real Estate Outlook 2022 Mentorship, Resources and Lessons Learned Useful links: https://www.noradarealestate.com/marco-santarelli/ https://www.linkedin.com/in/marcosantarelli/ Transcription: Jesse (0s): Welcome to the working capital real estate podcast. My name's Jesper galley. And on this show, we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time. Jesse (22s): All right, ladies and gentlemen, welcome to working capital the real estate podcast. My name's Jessie for galley and my guest today is Marco Sante. Reli Marco is an investor author, Inc. 1000 entrepreneur and the founder of neurotra real estate investments. The largest nationwide provider of turnkey cashflow, investment properties, and a returning guests. Marco, how's it going? Marco (44s): It's going great, Jesse. How are you? Jesse (46s): I'm doing fantastic. You know what, actually, before the show, I forgot to ask you, where are you joining us from today? Southern California. Same base, same spot. Marco (56s): Yes, but I am a fellow Canadian, so I grew up in Calgary. Jesse (1m 2s): That's right. That's right. We talked to, we talked a little bit about that last time on the show. Well, it's great to have a fellow Canadian on the show and just a west coast vantage point in the states. How's everything been going a lot is we were just kind of laughing at how long it's been since the last time. Last time we spoke on the podcast. Marco (1m 20s): Yeah. It felt like two months ago, but really it was about a year ago. So I can't believe how fast time flies. It's just crazy, but I know things, things have been, things have been humming along. I mean, we can talk about the economy in general, but things have been crazy over the last year and I'm sure it's been that way in Canada. You know, COVID kind of put a damper on things for a while, as you know, and I think it drove people a little crazy, not being able to go to the restaurants and do a lot of the things they normally do. And I think people just being cooped up at the house, especially with work, drove some people a little bit stir crazy, and now we're starting to see people come out and, you know, go to establishments and restaurants and, and, and everybody's like crazy busy because people are now wanting to do the things that they haven't been able to do for a long time. And I think it's the same in Toronto, if not everywhere else. Jesse (2m 11s): Yeah. I mean the roaring twenties is almost, it's just a, it's a bumper sticker at this point, but yeah, we definitely, I mean, our, our political landscape has been much more similar, I would guess to California then to Florida in terms of how long we were locked down for. And now we are starting to open things up, but yeah, for, for a long time there, we were just kind of shut down and, you know, like I said, we're, we're still kind of finding our way out of it. Marco (2m 38s): Yeah. Well, I'm glad things are opening up. You know, I, I, I personally believe that a lot of what we saw was had a political agenda and narrative behind it, and it was very much politically motivated or politically based with, you know, narratives behind it that were motivating at all. And, you know, blue believe what you want, go down any rabbit hole you like, but I'm just glad to see this thing moving, moving into or fading into the background because it's not good for a lot of businesses. Long-term it wouldn't be good for the economy. Certainly hasn't slowed down housing, but housing is being driven by fundamental principles. There's just a lot of reasons why housing has been so incredibly strong and COVID actually believe it or not helped propel that, not, not held it back. So, so anyway, we are where we are, you know, and we just gotta look forward. Now Jesse (3m 37s): I see you're, it looks like you're joining us from the office today. Has how have the, the regulations been, or I guess the kind of return to work right now in, in your area, are people in the office, are they kind of coming in when they, when need be? Marco (3m 53s): Well, as far as my company is concerned, my whole team has been remote right from the beginning. I've got, you know, my transaction coordinator in, and my assistant lives in Florida. I'm on the other side, 3000 miles away in California. And my whole team is mostly in California, but they're remote. However, I am in an office environment and I do have other people, you know, in the hall down the hall, it really hasn't affected most people, people for the most part come in when they want. But you know, we work from home. We work from the office and you do what you do, CA California, interestingly enough, California and New York and New Jersey have been probably the most strict in terms of COVID regulations and having, you know, moratoriums and all that kind of stuff, Texas, Florida, the salt water, the Southeast states have been pretty open, open about it, less restrictive and opened up sooner. And so people were able to go out sooner, get back to work sooner in a work environment, whatnot. At the end of the day, I think, you know, the economy just finds its way and, and people, you know, we try to stay in a capitalistic society and business just finds a way to do business. You know, people want to transact. People want to have Congress and, and, and so people just find a way to do it regardless of what regulations or restrictions they're there, but things are opening up everywhere right now. So it's, it's a good thing to see. And I, and I hope that's the case for Canada. Cause I know Canada has been even more restrictive than most of the U S you know, you've had these lights, you know, 14 day quarantines and all kinds of crazy stuff going on. Yeah. Jesse (5m 31s): It's a, it's one of those things where I think, like you said before, it we're moving, it's fading into the back, you know, fingers crossed, but yeah, it has been for sure. I know that, you know, I haven't, haven't read up on the latest, but not too long ago. The ability to come back into the country has been challenging. I've had people on the podcast where, you know, they've had to change, you know, we're coming into Montreal, but we, you know, we, can't not, we couldn't back then, that was only a month ago. So I'm like I said, fingers, I have to talk at the bigger pockets conference in new Orleans, in, in October, which I think it was rescheduled from September. So I'm hoping everything's all good. We, we are getting the vaccines rolling on their second. You know, everybody's getting the majority of people are getting their second vaccine. Jesse (6m 14s): So yeah, we'll, we'll see how it Jesse (6m 16s): Goes. But you know, one distinction, you know, in the midst of all this, and I've talked on the show about it is, you know, we look back at oh 6 0 7, you know, right into oh nine where you had the financial crisis. And one of the key differences aside from like the technical recession was that there wasn't a lot of capital sloshing around and we're in a very different environment right now. Like you said, the, the, the economy seems to find a way, but one big distinction is that even with activity slowing or had slowed down over the last year, there's a lot of capital. And, you know, as you know, for our industry that keeps the wheels turning. Marco (6m 55s): Yeah. So the, the, the credit issue back then was that there was too much loose credit and people were getting loans that couldn't qualify otherwise. And, you know, the running joke was, if you could fog a mirror, you could qualify for financing. And so there were all kinds of interesting loan products. In fact, there was financing up to 103% of the purchase price. So not only were you getting a hundred percent financing for the purchase, but you were getting an additional 3% to cover closing costs. So you were literally into deals for zero, zero out of pocket. And you know, the other running joke at the time was that there was, you know, what they called a, the ninja. Well, there was, I was going to say Nina first assets. And then they came to ninja loans, no income, no assets, no job. Really, if you just had a credit score, you qualified. So, but the problem was, this is, it's not so much that there was loose credit. People were taking advantage of loose credit to speculate. So they were buying real estate thinking there were investors, but they were really just investors in air quotes. And what I mean by that is they were gambling. They were purely speculating on the market going up and continuing to go up because they saw historically for years prices going up. And this is what a lot of people do. And I find a lot of Canadians sadly do this because all the Canadian markets are so inflated that the mentality is that real estate and investing is buying a property at a price, maybe high and holding it in the hopes that it goes up even higher. And so it's not, it's not even a buy low sell high, it's a buy high hope that it goes up higher and it will be worth something more later in terms of equity or I flip it and I, and I cash out my capital gains. Well, that's not investing at all. That's speculating investing is when you put in a dollar and you get a dollar 10 back, you know, you have to have cash on cash return. That's, you know, it goes beyond your cap rate with properties. It's what you put in. What am I getting back out every year on top of my investment, you can measure that in terms of cash on cash returns, that's investing the equity that builds with that is your long-term wealth creation. And that's where the wealth comes in from real estate investing. So you need to have all those pillars. You need to have all those, those legs on that stool. So you have to have the front end cash flow and the cash on cash return. Plus the equity growth over time. They didn't do that back in 2007, 6, 7, 8. In fact, that started back in 2004 and people were just speculating all along, mostly with new construction. And so that created a huge problem where we had all this inventory being built up in at a time when there wasn't enough demand to suck up or absorb all that new inventory coming on. When you compare that to today and what's been happening and over the last 3, 4, 5 years, the fundamentals in the market are completely different. This is true, pretty much all across the country, in the United States. And to a large degree in Canada where demand outstrips supply, we cannot keep pace to create new household formations each and every year for the demand for the, the demand that's coming out. First time, home buyers, households that are splitting, splitting out from, you know, being one pot or household. Now, you know, people moving out and looking for a rental or a place to buy people moving into the country, you know, net migration into the U S so, and then, you know, the people who've just been holding back plus you've got gen Z and gen Y that are also of age where they're now moving out of the house. So there's this tremendous demand, and there's not enough supply for it. So th th the dynamics today is different than what happened in oh 6 0 7 0 8, even though credit is still relatively widely available and historically cheap. I mean, we're talking at least in the U S we have 30 year fixed rate mortgages, conventional what we call conventional financing. So you could literally lock in for 30 years at one fixed interest rate, unlike in Canada, where you have to, you know, re re finance every three to five. So we can lock in at 3.3%, 3.5% today and have it for 30 years, super cheap money, super cheap money. Jesse (11m 6s): Yeah. You know, it's, it's funny. I think we've talked about it before, too on the show where it's the little, the small distant, or not necessarily small, but these distinctions between mortgage products in the U S and Canada, where, when I tell Canadians, or if a Canadian doesn't know that you can do a 30 year fixed product, it's kind of like, wow. But then on the flip side, Americans are always surprised when we say that we can port our mortgages pretty easily from bank to bank for a story from property to property. So, you know, you, you sell a property, you got 90 days, you can move it from TD to CIVC or, you know, from CIVC to Royal bank, whatever, I don't, I, as far as I know, that's not really something that happens in the states where you port, port your mortgage. Marco (11m 47s): Well, what would the advantage of, of doing that be other than, you know, trying to get a lower interest rate? Well, Jesse (11m 52s): Because our penalties are so high that if you're in a five-year fixed, and you're trying to say on year two, you sell the place and you're going to incur that penalty. It allows you to not incur the penalty because the mortgage is going to move from one property to the other, but stay with the same with the same financial institution. Marco (12m 10s): Yeah. I guess my question would be, how often do people actually do that? Jesse (12m 14s): I did it here because I was in a year, I think 3.7 or something of a five-year fixed term. But yeah, I mean, the other thing too, I guess, is the rates are slightly different. I know our mortgage rates are historically a little bit lower. I know I just secured a five-year fixed for 1.6, one that was about, let's call it three months ago. And I think, you know, what would a, what would a 30 year fixed right now in, in your area? W what, what would you get it at? Like 3% to two something? Marco (12m 48s): It depends on your credit, but roughly around three to three and a half percent, but again, keep in mind, you're locking that for 30 years. Yeah. Right. A lot of security there for, if you want it to do an adjustable rate, you can do it like a 3, 5, 7 or 10 year adjustable that then, you know, adjust after that period of time. And then, you know, it's locked for, or, you know, you lock it in for a 3, 5, 7 or 10 year period at a very low rate, no closer to the one point something you're talking about. But then after that, it becomes a variable rate. The thing with that is you can still take advantage of, you know, a one to 2% interest rate and then refinance it later. If, if, if the rates are a competitive offer, lower enough to refinance it and lock in again, that a lower rate after it, you know, it becomes a variable rate. So there's always ways to play with the, you know, the system and, you know, and, and take advantage of, of the available credit out there. So there's always a strategy. It's just what makes sense today, you know, in a, in a market like you're in, if you're in Vancouver, Toronto, or some of the coastal markets in the U S where property values are very, very high, and you can't get a good cash on cash return today, and your, your play is more equity game, whether it's a value add strategy, or you're looking at, you know, capital gains, because it's, you believe it to be a hot market that will continue for many years to come well, in that scenario, you're not focused on cashflow or cash on cash. So what you should be doing is lowering your debt service as much as possible by going for the lowest possible rate, because your, your strategy is, is equity growth or, or value add equity growth. And so you need to keep your debt service as low as possible. But if you're, if you're investing in a, in a market, like many of the markets we're in like the Midwest, south, south east, where your focus is both cashflow and equity growth, well, then you're probably better off just locking in a low rate on a 30 year fixed and just not bothering with it ever until you either pay it off. Or if rates continue to drop, you know, 2, 3, 5 years down the road, you refinance that at that lower rate, or to pull some cash out, some equity out in order to reinvest that equity into more property elsewhere. So you have to look at your overall strategy and that's how you choose the credit, you know, or loan product that makes the most sense for you and that property based on your strategy. Yeah, Jesse (15m 15s): And I think it was a, I think you did a newsletter or a post one time where you were talking about the four, you know, the four different ways that we make money as investors, you know, appreciation cash flow tax advantages, and then the amortization on your loan or return on equity. But I think you, you definitely hit the nail on the head when it comes to whether their coastal markets in the states, or whether you're in a lot of our Canadian markets, where appreciation is the one thing people look at. And, you know, there's a way to approach that, like you said, with value add, but I think that approach is even you, you need to even be more dialed in as an investor to accurately approach it. If your play is equity, you know, forced equity. And I think that comes into when you're starting to get into job growth, net migration, populate, population growth, starting to really look at the data when it comes to the fundamental metrics that would make, you know, a property appreciate or in conjunction with that. Like you said, have a value add strategy where you're literally forcing the, the NOI up. Marco (16m 22s): Yeah. Well, that sounded more like a statement than a question, but you're, but I think you underscore what I was saying, essentially that you, you need to consider what your strategy is and choose your markets, neighborhoods, properties, and the team all based around your investment strategy, what you're trying to do. And of course financing is just one piece of that puzzle that brings it all together. And I mean, if we can dive into any of that, if you want, but, but really that's very much case and, and, and property specific. So for, for yourself over Jesse (16m 57s): The last, you know, since we last spoke, are there geographical markets that you have now either shifted towards or continue to invest in? How are you looking at where you're investing and, and the fundamentals of those markets? Marco (17m 13s): Well, for me personally, I mean, my, my, my, my investment strategy has shifted. I, I was last in the last two years, I've been focused in Missouri and the Northeast, you know, Wisconsin and other, other markets up in the Northeast because it's very conducive to cashflow. I get good cash on cash return. So I can just park a relatively small amount of capital and get good cashflow and good cash on cash return. So for me, and particularly our clients, we're buying properties that range, I know this is going to sound crazy if you sit in there in the, you know, downtown Toronto, but we're talking properties that on the low end, 80 to a hundred thousand on the, on the upper end of this cashflow, you know, spectrum 140, 50, $160,000. Now we're talking three bedroom, two bath houses here, you know, it's, you know, for where I live, that, that you can't even build a garage, just Jesse (18m 8s): Say, your parking spot might be 70,000 squat, right? The reality is, Marco (18m 12s): Is every market is so different. This is why I keep saying until I'm blue in the face, that all real estate is local. Because even if you look at the smaller tertiary markets in Canada, you're going to find the same type of thing. You're going to find houses that range from 100 to $200,000, you know, we're talking single family detached. So you've got to put everything into perspective. All markets are are different and all real estate is local. It's not, there's no such thing as a national housing market. So, you know, so that's one, one investment type, you know, is if you're looking for cashflow, you want stability and just build a portfolio to produce cash on cash returns. That's where you focus, you know, the a hundred to $200,000 range. More specifically with us, it's like 80 to 160,000. These are single family detached, of course, there's duplexes, triplexes, fourplexes, but that's where a lot of our clients are focused that have that investment strategy. That's what they're trying to build as far as their portfolio. Now, you look at the other side of that spectrum, and there is people who are looking for are focused on more capital growth, meaning they want more appreciation right now than anything else. So I believe you still have to have positive cashflow or maybe just it's okay to be breaking even I don't particularly like that, but I certainly don't want a lot of properties in my portfolio or your portfolio for that matter to be all cashflow negative, because the question is, how long can you sustain that? And how long do you want to sustain a negative cashflow? Because you're pulling cash out of your pocket, or, you know, out of your savings account to feed the, and float your portfolio. So worst case scenario is you want to be basically break even net net. And what I mean by that is you're budgeting for vacancy. You're budgeting for maintenance and repairs. You want to budget for the complete operations, ongoing operations of your properties when you budget for that, and you still have a positive cashflow or break even that's okay for a period of time. But if you're focused and your strategy is capital growth, meaning you want appreciation, then you focus on those markets. And right now for us, we're focused in we're in about six Florida markets, two Texas markets peppering throughout the Southeast of the U S, which includes Tennessee, Georgia, Missouri, and then parts of the Northeast, the effect, a greater ring of the Chicago land area. Those are areas that are experiencing very strong price growth right now. In fact, it's kind of hard not to pick a market in the U S this year and last year, that's not experiencing incredible price growth and that's, and that's being, you know, going full circle. That's being driven primarily because of very, very strong demand and tight supply. I mean, that's just economics 1 0 1, you know, supply and demand. And that that's, that's the issue, but that's been a problem that's been going on for years and has accelerated going forward, where we're into 20, 22 and 2023. We're expecting to see that price appreciation in many of these markets drop from what we're seeing now is double digit down to single digit. Like, I mean, a healthy single digit, but still single digit. And that, you know, that adds up, but that's the other strategy. So you're either focused on cashflow and cash on cash return, or you're more focused on price appreciation without being a gambler like I was talking about before you don't want to be that speculator. And so I think three quarters of our markets right now are leaning towards price appreciation, just not because we control it and not because we purposely chosen those markets for that reason. There's other reasons why we choose markets, but they are just appreciating so strongly because they've got, you know, all, all, all the factors stacked up in its favor, as far as, you know, population growth, job growth, et cetera, et cetera, et cetera. So, so it just worked out that way. Jesse (22m 10s): So from, just from what you said initially there, in terms of the, the net net, say that break even point, and that's going to include, like you said, vacancy allowance, CapEx reserve, just studied curiosity, more a technical question. W what do you typically estimate for your properties to make sure that you have as a CapEx reserve? Do you do it as a percentage of a percentage of the total value of the property or use a different strategy? Marco (22m 37s): Well, if I understood the question correctly, what I do is for vacancy allowance, I budget for me, my baseline is 5% and 5% for vacancy and 5% for maintenance and repairs. Okay. So I'll always, but, but I'll adjust it depending on, on the condition of the property. Not that I'm buying properties that require work. I don't want deferred maintenance. I'm always buying, you know, like new, if not new, right. But I'll budget 5%. I'll adjust that up or down, depending on location and the type of property and, and any deferred maintenance, an age, and a few other things, but it'll go anywhere from 4% to 8% for vacancy five is my baseline. And for repairs and maintenance, again, I, I put down 5% and I'll adjust that up or down, depending on the age of certain items, like the mechanicals roof, HVAC, hot water tank, and a few other things. But, but I, I don't recommend going below 5%. It's okay to budget more. You're just budgeting for what's there. If you're running your numbers on higher numbers, like six, eight, or even 10%, and you're still cashflow positive and things pan out, you're happy with the numbers that you're seeing on your projections. Well, even better. Yeah. Yeah, for Jesse (23m 58s): Sure. And I mean, sometimes I know in, in some of the markets here that depending on the lender, it might be a requirement of them that, you know, you have to have X amount as part of the, as part of the loan in terms of, you know, when you get an inspection done, these things need to happen within 12 months, sign this, and, you know, otherwise you're not going to get approved for the loan. Just a further question on, on the underwriting process, when you do go into these markets, you know, you have to put some sort of estimate for, for, you know, price appreciation to be able to kind of walk that out to a end price, to, to have a reversion in your model. How do you approach that when you're, when you're giving investors potential returns on, on an investment? Marco (24m 41s): Well, there's two ways to do that. I don't like making appreciation projections because we, you know, you, you and I have no control over that. And it's exactly that it's, you're making the assumption. So there's two ways to do that. You, you can use a number between four and 6% as a longterm average. So you can just say over the course of, you know, multiple real estate cycles or over the course of 10, 20 years in a particular market, that it will over time average out to four to 6%. And one of the reasons why you choose that number, you know, a four to 6% is because what you're trying to do is match that up with, with the real rate of inflation, regardless of what the government's tell you, which is 99% of the time, it's just pure lies. You know, you want to base it on the real rate of inflation, which hovers around four to 6% in terms of real rates. So if you, if you project that out, you'll find that often that matches long-term historical averages for real estate. And as a side note, it's not that real estate prices are going up. It's that the current, the value of the currency is going down, our, our money is being inflated away, essentially what it really comes down to. Yeah, but if you want to be more specific about your projections, what you can do is look at historical growth rates within a particular market, weighing it more towards the near term than the long term, like far, far back historically. So it's what you might call an ex financial moving average. But if you look at what the market has been doing over the last 2, 4, 6, and eight years, that's probably more representative of what that market will continue to do for the next, you know, five to 10 years. But, but I think it's safe to be in the, in a range of three to 8% with probably four or 5% being a safe, fair expectation of appreciation over a longterm average. And again, it's, it's number one, that's based on the real rate of inflation, which in a perfect world, if everything was a constant, that's typically what you would see happen with real estate prices. However, the reason you don't see that always being four or 5%, why sometimes you see it a lot higher, even double vision. Sometimes you see it, you know, effectively zero or coming down, comes down to economics 1 0 1 supply and demand. That's the biggest driver of prices in the short term and locally is, is market supply and demand. But if those things were constant and never changed, real estate prices would change based on inflation. Yeah. Jesse (27m 27s): And I guess probably just a different version of that is, you know, w w we'll oftentimes look at the net opera or the rental growth, as opposed to the, the asset growth and capitalize, you know, with a larger apartments would capitalizing the, the NOI rather than the price. So for instance, if three, if your rent is growing at three, 4% or whatever that historic average is that you include the reversion, the big question is which cap rate do you use on the end? And, you know, that's, that's where it's more art than science, I think. Marco (27m 58s): Yeah. So you actually bring up a very good point because what I've been talking about applies to residential real estate, generally speaking one to four unit properties, because they are, they are valued and appraised based on market comparables. And so you're looking at, you know, what, what supply and demand is dictating prices to be in a particular area. And that's how you determine market value. However, it's slightly different when you talk about commercial properties, like what you're dealing with, you know, because the pricing is based on the net operating income of a property and the cap rate capitalization rate in local area. And that's how you determine the market value. So it's based more upon income than it is on sales comparables. However, there is a relationship and a correlation between the two, because if prices are going up in an area because of supply and demand, that's going to continue to push rents up. And as rents go up, your, your, your income goes up, your net operating income goes up and therefore the value of that, you know, the assessed value or the appraised value of that property goes up as well. So it may be a legging number, but if property values are going up sooner or later, rents are going to go up sooner or later, you're going to push your rents up in your S in your seven unit property or whatever you have, and that increases your NOI. And as long as you're, you know, expenses and utilities, aren't going up faster than, you know, the rates you raise your rents, your property values will go up too. Jesse (29m 30s): Yeah, that makes sense. I mean, even for our office properties, you know, if you're triple net leases, then yeah. It's NOI is really the big, the big aspect of what we capitalize. I want to get your thoughts. You touched on it briefly there, you know, I don't know what you guys are up to now in the states five or 6 trillion in terms of stimulus spending, but I'd want to get your thoughts on the environment that we're in as like from an inflation point of view, what your thoughts are on number one, the amount of money that's, that's been put into the economy and, and what you think the effects of that are, and just your general outlook on the direction that let's, let's say let's, let's talk U S centric first, and, and yeah. What, where do you see, where do you see this going over the next short term, short to mid term? Marco (30m 20s): Well, it's, it's, it's a little frightening to think of where this could go, you know, last year in the U S they, you know, they passed the cares act, and that was a $2.2 trillion injection of capital into the, you know, into the system and the economy. And, you know, that went all over the place, you know, went to businesses through a, you know, a paycheck protection program. You guys have something similar in Canada, it was injected into directly to the hands of, of individuals and consumers. So it went right down to, you know, into the economy right down to, you know, the consumer, what they did with, it was another question, you know, a lot of it was probably, you know, stashed away into savings. So it never actually flowed into the economy. It was just hoarded, but a lot of it was just blown. I'm sure there was a lot of people who went to Vegas. In fact, I just came back from Vegas and it's just amazing to see I'll, I'll say an air quotes, the types of people that are in some of the higher end resorts, like the Venetian, the wind and whatnot. It's like, okay, dude, I know you can't afford the rooms here, so where'd you get the cash, right. So that's kind of scary, but, you know, that was like a $2.2 trillion injection. And then following that there was an extension to the cares act, which was another 0.9 trillion. So in almost a full trillion dollars. And then, you know, we had more recently the American rescue plan, which is another $1.9 trillion. So all in all, we've had 5 trillion, which is 500, 5,000 billion dollars of, you know, you know, just creative from nothing currency that was pumped into the economy here. And, you know, if that wasn't a $5 trillion, wasn't enough, you know, they're already talking about the American jobs plan, which is another $2.7 trillion. And then who knows, I mean, there's also talk about this infrastructure bill, another infrastructure bill, that's going to be between two and 3 trillion. So if you add all that up, you know, we're approaching $10 trillion in addition to the existing debts and obligations that were already there, you know, that had built up over the last a hundred years, most of which has been built up over the last 10 to 15 years. So it's just an insane amount of capital that has been currency has been, you know, created out of thin air pumped into the, the U S economy. Most of it's staying within the U S not floating, you know, internationally, you know, through foreign aid and whatnot. So what does that, you know, what does that mean? Well, you know, without, without jimmying around with the system, ultimately it's going to lead to inflation and lots of it, and we're already seeing it. We've already seen it over the last year, especially with energy, healthcare, food, education, and whatnot. You know, some food prices have gone up literally 20 to 22% over the last 12 months, you know, meats and whatnot. So we're, we're seeing it all over the place and that's going to continue, you know, the wall street journal did a survey not too long ago. Very recently. I think it was in March, it was published in may and they interviewed or surveyed a whole bunch of economists. And they asked them the question, you know, what do you expect these latest rounds of stimulus will do if, you know, the ones that have passed, plus the ones that are coming, if it passes as far as U S inflation goes and how that will impact us over the next six months to three years. And really they were just trying to see, you know, do you think inflation is going to be below 2%, about 2% or over 2% without being specific about the number and a whopping 81% of those people who surveyed said that it's going to be higher than 2%. And we already know that the real rate of inflation has been four to five to 6% annually. In some cases it's been double digits. Like I was saying, you know, with food items, it's, it's been an upward of 20% or more. So this is not helping the housing sector. I mean, it isn't, it isn't, it's, it's certainly helping in the sense of you being an investor and being invested in real estate, because it's helping you, you know, in terms of price and you know, your debt. But if you're trying to get into the market, or if you're a homeowner or a ranch or trying to get into the market, or if it's your first home or you're trying to move up, you know, that that's, that's becoming sticker shock. Yeah. So, so are we going to expect to see more inflation? Yes. We've seen lots of it and we're going to probably see a lot more of it over the next, you know, three years. Jesse (34m 57s): Yeah. It's, it's really hard to, to get a kind of sense of the numbers. It's almost when you, like, when you're talking about the, you know, the, you're talking about the universe in terms of like the magnitude of these numbers, once you start getting into the trillions, I saw a really, I think, think it status does that basically tracks the, the package, the stimulus package by country. And I think, I think the states were around 26 or 20, 26 or 27% of GDP sounds about right. And we, we haven't been that far off either. I think we, we're not, we're not at that level, but yeah, I think for us, it's, it's over a hundred billion now with the much smaller economy, but I mean, at the end of the day, it's really part of the reason that we like real estate at, at the very least to try to hedge inflation to a certain extent. But I think, I think what people need to understand too, is that just because you're in real estate, it's not the hedge, like you said before, the value of your dollars are slowly going down. If we let this kind of continue, Marco (36m 5s): It is. And that's the beautiful thing about real estate is it's it's, it is, it is a hedge against inflation. I mean, you, you win on multiple levels, you know, as property values go up. It's, it's really not that the value is increasing. You know, the intrinsic value stays exactly the same, but, but what you call value is actually not value going up. It's price going up, price is going up because the dollar is being devalued. So it needs more, you need more of those dollars to buy the same, same piece of property with that intrinsic value. So the value today is the same as the value was yesterday. And it will be the same value as it is tomorrow. It's producing the same value. But the price for that is what's changing because of the currency being, you know, denom, debased. So that's how it's an inflation hedge, but where you really win as a real estate investor is, is if you have, let's say a hundred thousand dollars in debt on that property today. Well guess what that debt next year is going to be worth $95,000. Nothing has changed other than the value of the debt has gone down. And now you're paying the same monthly payments a year from now, as you are paying today. So you're paying off that debt with cheaper and cheaper dollars. So that $500 mortgage payment today, you know, in five years or 10 years from now is going to be a Starbucks coffee. So, you know, your, your, your, your dad is being evaporated away in your favor. And so, and that's great because your tenant is actually paying it off. Your tenants are paying it off. So that's the beautiful thing about inflation. Is it eats away at your debts and, and no mortgage that I know, no mortgage loan that I know I actually has a clause in it where it adjusts for inflation where every year it goes up 5% because inflation has gone up, it doesn't happen. So, Jesse (38m 1s): Yeah. Yeah. It's one of those things where, like you just said it very few industries where you can, you can download that expense to your customer, or at least, you know, pass on that cost to your customer, that costs have increased inflation. And, and we, we obviously try to do that on the commercial side with, with, you know, increases and the same thing on the residential. Yeah. So Marco, I want to be cognizant of the time here coming up to the end here and want you to leave us on a, on a positive note. So in terms of how you're looking at the next, the next while for yourself and rata, are there, you know, the areas you touched geographically, but are there opportunities that you're looking at that, you know, you're really, really excited about? What's, what's going on in your world over the next, the next little while? Marco (38m 48s): Well, I'll give you a big picture and a small picture answer to your question. So, so right now we're seeing, you know, all big picture stuff, economic growth, being a strong and consistent as it's been an improvement since you know, where we were a year ago, which was kind of early stages of COVID all the leading economic indicators are very bullish, very strong. So we expect things to continue economically speaking to hum along and be strong. You know, unemployment is coming down, you know, jobs. There's a lot of jobs out there. In fact, a lot of people are having a hard time hiring people, even with bonuses. McDonald's, there's a, McDonald's, that's offering $18 an hour as a starting wage. So, wow. So, you know, there's a little bit of demand for, for employment right now. When you see that kind of sign affordability, I still pretty darn good, you know, in terms of, of purchasing hard assets like real estate and, and, you know, cars and whatnot. So affordability, although it's, you know, getting weaker, it's dropping slowly, it's still there. And that's mostly driven because of very competitive interest rates. Consumer behavior has been very consistent. I mean, people are still spending money and buying shoes and this and that. So, you know, that that really hasn't changed much, much the, you know, the existing home market is healthy. We need more supply, but demand is strong. Same thing with the new home market demand is strong. We need more supply it's coming, but not as fast as we need it. And housing supply is good, but there's room for improvement there at a more granular level. I'm very bullish on real estate. Very optimistic. In fact, I'm, I'm in the middle of a transaction right now. I'm refinancing some properties and we have a lot of investors coming to us from the U S Canada and other places, looking to invest in the markets that we operate in because they can get the cashflow that can get the price growth. They have the tax benefits, they have the leverage, you know, th th th they have all the benefits working in their favor. You know, when people are thinking, you know what, we've had a really strong bull run for the last 3, 4, 5 years. You know, maybe it's too later. I missed the boat. Well, no, it's never too late. You know, when people ask me, you know, when's the best time to get involved in real estate. And I always say right now, because look, you can't go back in time. You can't, you know, go back to a place at a time where you missed out, but there's always a, there's always an opportunity. It's not a question of when to invest in real estate. It's always a question of where am I investing in real estate? And this is why we operate in, you know, 20 to 25 markets at any given time. It's because there's different things happening in different places around the country. And there's always opportunity. It's just a question of where are you in that local real estate cycle and, and the overall economic cycle to take advantage of what's going on. So you have investment capital. You want to put it to work. You want to generate income. You want price growth over time. You want the tax benefits, and you want to borrow other people's money in order to make those acquisitions all that's going on all the time. It's just a matter of where, not so much when. And so I'm, I'm always bullish, but I'm very bullish today because we just have a lot of things stacked in our favor with low interest rates, strong demand, lack of supply, continued growth, a strong economy, and we've got last but not least. And I can go on about this, but I think I'm making my point pretty damn clear right now, you know, we've got this thing going on, that I call shadow demand. So we talked about, you know, lack of supply and strong demand. Well, I'll make the demand part of the equation, even worse, if you will. Right now, we have a situation where the percentage of people that are ages 18 to 29 years old, essentially what we call young adults, it's been the highest. It is the highest right now that it has been over the last hundred years. So right now, 52% of young adults, people that are between the ages of 18 and 29 years old are still living with their parents for one reason or another. Well, guess what? They're not going to stay home forever. You know, they're, they're adults, and they're going to be looking for a place to go to move out to typically rent, but ultimately buy. And so where are these people going to go? I mean, there is a lot of this shadow demand, pent up demand for people looking for, or will be looking for rentals. Well, guess what, if you own property, good quality property, and good neighborhoods that you can make available to these people. You're on the winning side of that equation because you're going to get maximum rent and that will continue to increase as the years go on. So it's a good time to be buying real estate, Jesse (43m 39s): Right. I guess that's as positive as we're going to get here. Marco, you've obviously answered the questions on the previous podcast. So why don't we just ask you one question here before we wrap up and we can tell people how to connect any resources, podcasts, or books that, that you're into right now that you'd like to recommend to, to our listeners. Marco (44m 1s): That's a funny question. I'm actually rereading not my first time, of course, or maybe my second time, but I'm rereading the 20th anniversary edition of Robert Kiyosaki's rich dad, poor dad. And part of the reason why I'm actually rereading it is because I'm going through it with my daughter. I figured a good time to review it. Right. But it's been a long time since I first read it. How has it aged? It doesn't change. No, the fundamentals, you know, the principles stay the same, but I think it's, it's kind of like, you know, reading some, one of many books, like, you know, think and grow rich or many of those other fundamental foundational books to reread it once a year or once every two years, you know, just as a refresher. So I guess it, you know, it's not a new book, it's an older book, but I'll, I would recommend that one just because you know, it doesn't, it doesn't age. It's, it's still the number one personal finance book out there. So yeah, that, that, that would be definitely a book to read resources. There's tons of resources. I mean, there's obviously there's your podcast and show, you know, not to toot my own horn, but you know, there's my podcast, the passive real estate investing podcast. And of course the website where we post everything from the show is passive real estate investing.com. What else can I recommend? You know, I went to Amazon the other day and I did a search for real estate and there's like zillions of books. It's crazy. You know, there's no excuse not to spend 10 bucks for a damn book. Right. Get rich, get rich dad and then get, you know, cashflow quadrant three of those two. And you'll, you'll, you'll be mentally set. Yeah. Jesse (45m 44s): There's no, excuse. You know, I mean, it's 20, 21. You don't even need to read anymore. You just need to sit, but no, I appreciate it. We'll put a, we'll put that in the, in the show notes. And I can't say, I can't say enough good things about, about your podcast. It's always informative. You know, it's something where I constantly come back to, there's probably two or three podcasts in our, in the real estate space that I always come back to. And thank you. Yeah. And it's always great. Aside from that, Marco is there, if people want to learn a little bit more about neurotra or want to reach out to you, anything specifically, we can pop in the show notes to make that easy. Marco (46m 23s): Well, I'm going to be updating my free guide. It's like a 37 page primer on real estate. It covers a lot of stuff I talked about today and more so I'm going to juice it up a little bit, but it's called the ultimate guide to passive real estate investing. And it's just a free download on our websites. The two websites we have, I would start there. And, you know, and then of course, you know, the other resources we talked about, like your, your podcasts and the books and everything else. So I would encourage that. And also I, this is the year where I'm releasing the passive real estate investing book, and I'll be making that available for free. You know, you can get the paper back for a couple bucks just for the shipping, but if you want to download it, it'll be just a hundred percent free. And so if you download that guide, you'll get an email notification. When the book is released to, to go get, grab a copy of that as well. So if you're interested in that, just download the guide from one of our two websites at passive real estate, investing.com or our, our mothership website@noradarealestate.com. Jesse (47m 28s): My returning guest today has been Marco Centre, Ellie Marco, thanks for being part of working capital, Marco (47m 35s): Jesse. I appreciate you having me back on your show. It's been a lot of fun. Jesse (47m 46s): Thank you so much for listening to working capital the real estate podcast. I'm your host, Jesse for galley. If you liked the episode, head on to iTunes and leave us a five star review and share on social media, it really helps us out. If you have any questions, feel free to reach out to me on Instagram, Jesse for galley, F R a G a L E, have a good one take care.
173. Norada Real Estate | Marco Santarelli is the host of the Passive Real Estate Investing Podcast and he is also the founder of Norada Real Estate, a premier real estate investment firm offering turnkey investment property in growth markets nationwide. Join our Facebook Group to meet other listeners of the podcast: facebook.com/groups/mipvips. This Episode is Sponsored By: Fiverr connects businesses with freelancers who offer hundreds of digital services. Receive 10% off your first order by using code MILLIONAIRE. Just visit: millionaire-interviews.com/fiverr F5 Cloud Services expertise as a service lets you achieve worry-free DNS infrastructure in minutes. F5 has 20 years of experience in app services and they know what you need in order to implement a great-performing app. F5 is offering a free trial for our listeners, just visit: millionaire-interviews.com/F5 Bubble introduces a new way to build a web application. It is a no-code, point-and-click programming tool. Bubble is giving a 40% discount for the first 3 months by using the coupon code – Millionaire, just visit: millionaire-interviews.com/bubble Want to Support the Show? Well we'd love for you to join our Patreon Group! What's in it for you? Well you'll instantly get a scheduled call from Austin, where he'll help you with your current or future business... Sign-Up Now at millionaire-interviews.com/patreon.
Welcome to another episode of Millionaire Secrets! Today was another one of those days when I simply can't believe speaking to such cool and inspiring people is part of my “job”. In my latest episode, I was joined by the amazing Marco Santarelli! You may have heard of Marco for his work as an investor, an entrepreneur, an author, or as the founder of Norada Real Estate Investments. If you haven't heard of one of his many accolades already, you're about to! Marco has created the largest nationwide provider of turnkey cash-flow investment property and he shows no sign of slowing down. I was first introduced to Marco at an event I was speaking at by a friend of mine who told me I HAD to meet him! After a 14-second long synopsis on Marco's life story, I knew I DID have to meet him, and so do you. This is your opportunity to hear Marco's story about how he got where he is, how he got started at age 18, and how he built the BIGGEST provider of turnkey cash-flow investment property. Invest in yourself by spending some time listening to this genius!
Host of the Passive Real Estate Investing podcast and founder of Norada Real Estate Investments, Marco Santarelli, is on today’s episode. Building your power team, analyzing financials, and the importance of being a market agnostic are some of the very informative topics Marco discusses with Matt and Kellan along with what is passive turnkey real … Continue reading "Market Agnostic and Passive Turnkey Real Estate Investing – with Marco Santarelli"
Host of the Passive Real Estate Investing podcast and founder of Norada Real Estate Investments, Marco Santarelli, is on today’s episode. Building your power team, analyzing financials, and the importance of being a market agnostic are some of the very informative topics Marco discusses with Matt and Kellan along with what is passive turnkey real … Continue reading "Market Agnostic and Passive Turnkey Real Estate Investing – with Marco Santarelli"
For today's episode, Marco Santarelli's mission is to help 1 million people create wealth through passive income and put them on a pathway to financial freedom with real estate. Marco Santarelli is an investor, author, Inc. 5000 entrepreneur, and the founder of Norada Real Estate Investments – a nationwide provider of turnkey cash-flow investment property. He’s also the host of the top-rated podcast – Passive Real Estate Investing. From age 18 Marco has been acquiring cash-flowing properties and now he owns and operates thousands of units. So, make sure to listen to this episode and take it to refuel your mind today!
Marco Santarelli is an investor, author, and founder of Norada Real Estate Investments — a national real estate investment firm offering turnkey investment property in growth markets nationwide. Marco is also the creator of DealGrader™ – a system that scores and measures the quality of your investments, giving you an overall snapshot of its profitability and risk factors. During the show we discuss: ● Getting into real estate ● Passive real estate investing ● Things to know before entering real estate ● Choosing the right investment for you ● Risks in real estate investing ● Starting your real estate investment ● How pandemic affected real estate ● Investing in real estate during pandemic ● Choosing the best real estate markets and neighborhood Show resources: https://www.noradarealestate.com/ https://www.passiverealestateinvesting.com/ https://twitter.com/MarcoSantarelli
Last time we talked to Marco Santarelli – investor, author, and founder of Norada Real Estate Investments – it was just before lockdowns hit, when we had no idea what to expect in the weeks or months to come.
Developing a wealth mentality is more important now than it ever has been before. Most people just don't know how to do it. On this 51st episode of The Cortez Hustle Show, we investigate the way rich people think vs the way poor people think.When we say that wealth begins in the mind it's hard to imagine but it's true. Wealthy people amassed their wealth not because they are particularly smarter than everyone else, or work hard, but we do know that they think differently.Today based on the article on the Norada Real Estate Investments site (link below), you'll know at least 12 poverty mindsets to change if you have them and more importantly 12 wealth mindset habits to adopt.==ABOUT THE CORTEZ HUSTLE SHOW==If you're an entrepreneur and you want to start, grow or scale a business, be sure to subscribe to this channel and take The Cortez Hustle Show with you on the go by subscribing to the podcast on either iTunes or Stitcher or your favorite podcasting platform.iTunes: Click HereStitcher: Click HereSpotify: Click HereGoogle Podcast: Click Here+++PARTNER WITH H CORTEZ+++Check out MWR Financial, my primary opportunity. If you're NOT afraid of MLM this is the company to join. With just 12 people on your team and 1 customer, you lock in $600 per month in GUARANTEED RESIDUAL INCOME (I know, insane right?) Click here Already in MLM and you love it? Cool, learn how to recruit online with this AMAZING Digital Marketing Platform. This is the platform that I've used personally to help me recruit over 400 people in the last 6 years and 95% of them reached out to me. Click Here Want to turn your intellectual capital into an intellectual property with info products but don't know where to start? Get the Digital Marketing Platform to create and sell your products plus the training to put it all together. Click HereMWR Financial is a great opportunity in the personal finance space. If the goal is to get out of debt and free up cash to start investing then, MWR has solved that with its Instant Pay Raise Strategy. Join one of the fastest-growing teams in MWR Click Here=====================================================Email: hcortez@FinancialHealthMentor.comWebsite: http://myperfectmoneyplan.comhttp://facebook.com/financialhealthmentorhttp://instagram.com/financialhealthmentorhttp://twitter.com/finhealthmentortext "Questions" to 314-874-6887 to set an appointment to talk.DISCLAIMER: H Cortez aka Financial Health Mentor is NOT a financial advisor/planner or CPA. The information shared on this channel is not financial advice but instead examples of actual experiences of H Cortez and the guests of the channel. Also, any mention/reference to income is NOT a guarantee but merely an example of potential income that could be made if one puts in the work required. Always see a certified professional to assist you in your financial matters.=====REFERENCES=====Article Reference: Norada Real Estate Investments: Click Here1 Minute Motivation YouTube CreditShow Some Love To Komixed Channel: Click HereCheck Out Today's 1-Minute Motivation Video: Click Here
The Norris Group proudly presents its 13th annual, award-winning black-tie event, “I Survived Real Estate”. Industry experts join Bruce and Aaron Norris to discuss perplexing industry trends, head-scratching legislation, and opportunities emerging for real estate professionals headed into 2021. All proceeds from the event benefit Make-A-Wish and St. Jude Children's Research Hospital. Platinum Partners: •Norada Real Estate Investments •San Diego Creative Investors Association •The Outspoken Investor, Tony Alvarez •Think Realty Magazine •And Realty 411 Gold Sponsors: 7 Figure Flipping Inland Valley Association of Realtors Keller Williams Corona Keystone CPA, Inc. Las Brisas Escrow Leivas Tax Wealth Management NorCal REIA NSDREI Pasadena FIBI Real Wealth Network In A Day Development Spinnaker Loans uDirect IRA The Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669. For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab. Video Link Radio Show
Our guest for today is Marco Santarelli. He is an investor, author, Founder, and CEO of Norada Real Estate Investments - a national real estate investment firm offering turnkey investment property in growing markets nationwide. Marco is also the host of the Passive Real Estate Investing show and creator of DealGrader. Marco's first real estate investment at the age of 18 had him successfully handle the entire rehab and property management of his first property without ever taking a course or reading a book on the subject.[00:01 - 02:15] Opening SegmentLet's get to know Marco SantarelliMarco talks about his real estate career[02:16 - 18:01] Growing Real Estate PortfolioGrowing a real estate portfolioMarco talks about their current investmentsStrategies for scaling real estate portfolioBuy and HoldGrow your portfolioOptimize as it grows by doing 1031 exchangesStrategies for acquiring propertyWork with the right team of peopleBuild to rent a propertyKeeping track of the progress of a projectCOVID's impact on the real estate marketLessons learned from his career as an investorHire a full-service professional property managementBe market agnostic[18:02 - 21:08] Closing SegmentAdvice for aspiring investorsEducate yourself, build your knowledge and never stop learningHow Marco stays on top of his gameContinuously educating myselfMaking the world a better placeGoal to help 1 million people create a passive income, create wealth and be financially independentHow to reach out to Marco - links below Final words from Marco and MeTweetable Quotes:“The best investment you can make is not in real estate, it's actually right here between your ears.” - Marco Santarelli“Educate yourself, build your knowledge, and never stop learning. You need to be a lifelong student.” - Marco Santarelli“You're not investing because of appreciation. You're investing because you want to grow equity and have cashflow to support you monthly and annually.” - Marco SantarelliResources Mentioned:Rich Dad Poor Dad------------------------------------------------------------------------------------------Connect with Marco on LinkedIn.Visit their website https://www.noradarealestate.com/ . Be sure to check out Marco's podcast at https://www.passiverealestateinvesting.com/ Connect with me:I love helping others place money outside of traditional investments that both diversify strategy and provide solid predictable returns.Call: 901-500-6191FacebookLinkedInLike, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in! Email me --> sam@brickeninvestmentgroup.com
Our guest for today is Marco Santarelli. He is an investor, author, Founder, and CEO of Norada Real Estate Investments - a national real estate investment firm offering turnkey investment property in growing markets nationwide. Marco is also the host of the Passive Real Estate Investing show and creator of DealGrader. Marco's first real estate investment at the age of 18 had him successfully handle the entire rehab and property management of his first property without ever taking a course or reading a book on the subject.[00:01 - 02:15] Opening SegmentLet's get to know Marco SantarelliMarco talks about his real estate career[02:16 - 18:01] Growing Real Estate PortfolioGrowing a real estate portfolioMarco talks about their current investmentsStrategies for scaling real estate portfolioBuy and HoldGrow your portfolioOptimize as it grows by doing 1031 exchangesStrategies for acquiring propertyWork with the right team of peopleBuild to rent a propertyKeeping track of the progress of a projectCOVID's impact on the real estate marketLessons learned from his career as an investorHire a full-service professional property managementBe market agnostic[18:02 - 21:08] Closing SegmentAdvice for aspiring investorsEducate yourself, build your knowledge and never stop learningHow Marco stays on top of his gameContinuously educating myselfMaking the world a better placeGoal to help 1 million people create a passive income, create wealth and be financially independentHow to reach out to Marco - links below Final words from Marco and MeTweetable Quotes:“The best investment you can make is not in real estate, it's actually right here between your ears.” - Marco Santarelli“Educate yourself, build your knowledge, and never stop learning. You need to be a lifelong student.” - Marco Santarelli“You're not investing because of appreciation. You're investing because you want to grow equity and have cashflow to support you monthly and annually.” - Marco SantarelliResources Mentioned:Rich Dad Poor Dad------------------------------------------------------------------------------------------Connect with Marco on LinkedIn.Visit their website https://www.noradarealestate.com/ . Be sure to check out Marco's podcast at https://www.passiverealestateinvesting.com/ Connect with me:I love helping others place money outside of traditional investments that both diversify strategy and provide solid predictable returns.Call: 901-500-6191FacebookLinkedInLike, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in! Email me --> sam@brickeninvestmentgroup.com
Your host, Katie Priest, speaks with Marco Santarelli of Norada Real Estate about turnkey, cash flowing real estate properties and creating passive income. Now if you got something out of one of our interviews, would you share this episode on social media? Just do a quick screenshot with your phone and text it to a friend or post it on your favorite social network. If you do that, tag us #LeverageToScale. What do you win? We're going to promote you and your business to ALL of our social media fans totally free. Next, if you thought this was a valuable use of your time, please support the show and give us a thumbs up, or a rating and review. We promise to read it all and take action.
The Norris Group proudly presents its 13th annual, award-winning black-tie event, “I Survived Real Estate”. Industry experts join Bruce and Aaron Norris to discuss perplexing industry trends, head-scratching legislation, and opportunities emerging for real estate professionals headed into 2021. All proceeds from the event benefit Make-A-Wish and St. Jude Children's Research Hospital. This episode features Kathy Fettke, Co-Founder of Real Wealth Network and Neil Bawa of Grocapitus Investments LLC. Platinum Partners: •Norada Real Estate Investments •San Diego Creative Investors Association •The Outspoken Investor, Tony Alvarez •Think Realty Magazine •And Realty 411 Gold Sponsors: 7 Figure Flipping Inland Valley Association of Realtors Keller Williams Corona Keystone CPA, Inc. Las Brisas Escrow Leivas Tax Wealth Management NorCal REIA NSDREI Pasadena FIBI Real Wealth Network In A Day Development Spinnaker Loans uDirect IRA The Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669. For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab. Video Link Radio Show
The Norris Group proudly presents its 13th annual, award-winning black-tie event, “I Survived Real Estate”. Industry experts join Bruce and Aaron Norris to discuss perplexing industry trends, head-scratching legislation, and opportunities emerging for real estate professionals headed into 2021. All proceeds from the event benefit Make-A-Wish and St. Jude Children's Research Hospital. Platinum Partners: •Norada Real Estate Investments •San Diego Creative Investors Association •The Outspoken Investor, Tony Alvarez •Think Realty Magazine •And Realty 411 Gold Sponsors: 7 Figure Flipping Inland Valley Association of Realtors Keller Williams Corona Keystone CPA, Inc. Las Brisas Escrow Leivas Tax Wealth Management NorCal REIA NSDREI Pasadena FIBI Real Wealth Network In A Day Development Spinnaker Loans uDirect IRA Final episode of the I Survived Real Estate 2020 Residential Panel featuring David Granzella and the Q&A session. The Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669. For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab. Video Link Radio Show
Marco Santarelli returns to the show for a second appearance. Marco is a licensed real estate broker in California, an investor, author, serial entrepreneur with multiple businesses, founder and CEO of https://www.noradarealestate.com/ (Norada Real Estate Investments), a nationwide provider of turnkey rental properties that helping people build their real estate portfolio by providing knowledge, tools, and resources to achieve financial freedom and build wealth. He is the creator of https://www.noradarealestate.com/DealGrader (DealGrader)™, a scoring system that measures the investment quality of a real estate investment, giving you an overall snapshot of its profitability and investment risk. Likewise, he is hosting the http://www.passiverealestateinvesting.com/ (Passive Real Estate Investing) podcast, the show where busy people learn how to build substantial passive income while creating wealth for the long-term. KEY POINTS The Importance of Staying Market Agnostic How to Pick the Best Market Suburbs versus Urban Core markets Supply, Demand, and Balance in Housing Markets Is it a Good Time to Invest in Real Estate During this Crisis Shadow Demand vs. Shadow Inventory Tips for First-time Investors How to Identify the Ideal Neighborhoods within the Best Markets Your Core Five Team Players Why Marco likes Single-Family Homes RESOURCES Visithttp://m/gp/product/B00NB86OYE/ref=as_li_tl?ie=UTF8&tag=jacob0ee-20&camp=1789&creative=9325&linkCode=as2&creativeASIN=B00NB86OYE&linkId=100a9d2905599266aa7088bba0a33d55 ( Audible) for a free trial and free audiobook download! https://www.passiverealestateinvesting.com/ (The Passive Real Estate Investing Podcast) with Marco Santarelli https://www.noradarealestate.com/ (Norada Real Estate Investments)
The Norris Group proudly presents its 13th annual, award-winning black-tie event, “I Survived Real Estate”. Industry experts join Bruce and Aaron Norris to discuss perplexing industry trends, head-scratching legislation, and opportunities emerging for real estate professionals headed into 2021. All proceeds from the event benefit Make-A-Wish and St. Jude Children's Research Hospital. This episode features Terry Burger of 7 Figure Flipping and Tom Wilson of Wilson Investment Properties. Platinum Partners: •Norada Real Estate Investments •San Diego Creative Investors Association •The Outspoken Investor, Tony Alvarez •Think Realty Magazine •And Realty 411 Gold Sponsors: 7 Figure Flipping Inland Valley Association of Realtors Keller Williams Corona Keystone CPA, Inc. Las Brisas Escrow Leivas Tax Wealth Management NorCal REIA NSDREI Pasadena FIBI Real Wealth Network In A Day Development Spinnaker Loans uDirect IRA The Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669. For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab. Video Link Radio Show
The Norris Group proudly presents its 13th annual, award-winning black-tie event, “I Survived Real Estate”. Industry experts join Bruce and Aaron Norris to discuss perplexing industry trends, head-scratching legislation, and opportunities emerging for real estate professionals headed into 2021. All proceeds from the event benefit Make-A-Wish and St. Jude Children's Research Hospital. First up is Bruce Norris and Aaron Norris to kick off the night followed by Marco Santarelli of Norada Real Estate Investments Platinum Partners: •Norada Real Estate Investments •San Diego Creative Investors Association •The Outspoken Investor, Tony Alvarez •Think Realty Magazine •And Realty 411 Gold Sponsors: 7 Figure Flipping Inland Valley Association of Realtors Keller Williams Corona Keystone CPA, Inc. Las Brisas Escrow Leivas Tax Wealth Management NorCal REIA NSDREI Pasadena FIBI Real Wealth Network In A Day Development Spinnaker Loans uDirect IRA The Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669. For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab. Video Link Radio Show
Marco Santarelli is also the founder of Norada Real Estate Investments which helps people acquire profitable real estate investments nationwide. He purchased his first real estate investment at the age of 18. He successfully handled the entire rehab and property management of his first property without ever taking a course or reading a book on the subject. Marco went on to get his real estate license and sell residential real estate for three years before leaving real estate sales to pursue other active business ventures. Because of his love and passion for real estate, and desire to help others succeed in building their wealth through real estate investing, he eventually returned to real estate investing and founded Norada Real Estate Investments in 2003. Today, Marco Santarelli is a licensed California real estate broker and runs a successful real estate investment firm focused on helping other investors build wealth through the power of real estate. Visit: https://www.noradarealestate.com/ and passiverealestateinvesting.com
In today's episode, we interview Mr. Marco Santarelli about how to build passive income with Turnkey Properties, how you can prepare for market downturns, and tracking key information for your investment properties. Marco Santarelli is an investor, author, and founder of Norada Real Estate Investments – an Inc 5000 national real estate investment firm offering turnkey investment property in growth markets throughout the United States. He's also the host of the Passive Real Estate Investing podcast – the show where busy people like you learn how to build substantial passive income while creating wealth for the long-term. Learn more here ➜ https://www.noradarealestate.com – LANDLORD STUDIO – Use Landlord Studio's property management software to save time, and reduce stress while managing your properties. Effortless rent and expense tracking. Learn more here ➜ https://www.landlordstudio.com
Marco Santarelli is an investor, author, Inc. 5000 entrepreneur, and the founder of Norada Real Estate Investments, a nationwide provider of turnkey cash-flow investment property. His mission is to help one million people create wealth and passive income and put them on the path to financial freedom with real estate. He is also the host of the top-rated podcast Passive Real Estate Investing. What the podcast will teach you: Why bringing more people into your business to delegate work to is the key to growth once your concept is proven and your business is established Why putting the right people into the right roles and implementing systems to support your business is the key to growth What services Marco's business, Norada Real Estate Investments, offers to their real estate investor clients What challenges and obstacles Marco faced during the process of establishing and growing his business and how he overcame those growth challenges Why your time as a business owner is best spent doing work that is the “highest and best use” of your time, delegating less valuable business drivers to staff How Marco recognized the need to hire employees and delegate work and responsibility to free him to focus on other aspects of his business Why bringing in someone and handing off the sales process can result in a temporary decline in sales, and why it is necessary to take the leap anyway How hiring an employee to handle the business's sales allowed Marco to focus on marketing and business development Why you have to “get out of your own way” and learn to automate and delegate to be able to scale your business effectively What current challenges and opportunities Marco is working on to further grow Norada Real Estate Investments Resources: Website: www.NoradaRealEstate.com Podcast: www.passiverealestateinvesting.com Facebook: www.facebook.com/NoradaRealEstateInvestments LinkedIn: www.linkedin.com/in/marcosantarelli Twitter: www.twitter.com/MarcoSantarelli
Does investing in long-distance real estate make sense? How do you chose the best markets and neighborhoods? How can you decide what properties are more likely to be successful? Can you make money from a property that's just breaking even? Isn't the best real estate investment one that you actively manage? Jordan Goodman talk with Marco Santarelli, host of 'Passive Real Estate Investing' podcast and founder of Norada Real Estate Investments, about the essentials for successful long distance real estate investments. In the second half of the show Goodman talks with Garrett Sutton, author of “Loopholes of Real Estate: Secrets of Successful Real Estate Investing about important loophole strategies that every real estate investor should be aware of. Goodman and Sutton discuss the financial, tax and legal advantages of investing in real estate as a passive-income earner, how to maximize profit because of effectively using those loopholes, and when to open and close those loopholes.
Marco Santarelli is an investor, author and the founder of Norada Real Estate Investments -- a nationwide provider of turnkey cash-flow rental properties. Since 2004, they've helped over 1,000 real estate investors create wealth and cash-flow through real estate. He's also the host of the Passive Real Estate Investing podcast. Share your thoughts with me on Twitter @mclaubscher and Instagram @cashflowninjapodcast