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The Commit to Wealth Podcast - Creating Generational Wealth through Real Estate Investing


Mar 25, 2019

Marco began his investing career at the age of 18 and continued building his portfolio over the years. He’s the founder of Norada Real Estate Investments, a turn-key rental property company that provides properties nationwide and he’s the the host of the Passive Real Estate Investing Podcast.

Topics Covered:

  • Defining turnkey real estate investments
  • Turnkey as a (somewhat) hands-off investment
  • RV ratio
  • Identifying steady v. cyclical markets

 

10 Rules of Successful Real Estate Investing:

1. Education

2. Set Investment Goals

3. Never to Speculate

4. Invest for Cash Flow (glue that holds your investments together)

5. Be Market Agnostic (don’t marry yourself to your own backyard)

6. Start with the Market in Mind (street, submarket, job growth?)

7. Diversify Across Markets Geographically (3-5 properties in 3-5 markets)

8. Always Use Professional Property Management

9. Maintain Control

10. Leverage Your Investment Capital

 

Nuggets of Wealth

  • What's a tool you use every day that could help others? Google G Suite
  • Top advice or tip you'd give to someone wanting to get into real estate? Just do it.
  • What book are you currently reading? 5 Day Weekend-Nik Halik
  • Where do you see your business in the next 5 years? 10x the business
  • How do you want to be remembered? For being a good husband, father, grandfather, someone who gave back and helped educate people.
  • Where can Commit to Wealth Nation go to contact you and find out more about you and Norada Real Estate Investments?Passiverealestateinvesting.com  Noradarealestate.com