Do you want to invest in real estate? Owning rental properties is a proven way to invest in real estate while building wealth and generating income. Buying a rental property can boost your investment portfolio if you make the right choice. It is a great starting point to make money and build wealth for new real estate investors. According to the 2017 American Community Survey, investors own and rent out about 18.2 million one-unit homes, including detached homes, townhomes, and duplexes, providing housing for about 42 percent of the nation’s 43 million renter households.
Let us get you started by creating and then implementing a successful real estate investing plan.
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The benefits of investing in real estate are numerous. Real estate can provide a steady income and a path to long-term financial freedom and security. Real estate investing in the form of rental properties more often than not guarantee you a steady return on your investment. This, alongside forming a fairly strong protective hedge around your financial future. The two most important benefits of rental properties are that they can provide cash flow and generate value from appreciation. Rental property investment continues to grow in the United States. This growth is attributed to rapid urbanization and changes in per capita income alongside other socio-economic factors.
In 2019, there were about 14.7 million households and 45.2 million residents renting single-family homes in the United States (Data by Statista 2020). While businesses mainly own multifamily rental properties, individual investors are more likely to own single-family and duplex rental homes.
Finding a good rental property in a nice location is an active form of real estate investing and requires time, dedication, and involvement. We can save you time by finding some of the best rental properties in stable and growing real estate markets across the United States. If you're new to real estate investing, we can help you in becoming a successful investor.
Properties are the lifeblood of real estate investing. Without them, there's no money to be gained. Your success hinges on your ability to find and evaluate investment properties. Not just any property, but solid investment opportunities, better known as “deals”.
Just because a property is up for sale doesn't mean it's a good real estate investment. You'll need to find out a lot more about each potential deal before you can say with certainty whether it's a good investment or not. For example, what condition is it in, how much work is required, what is the cash-flow and return-on-investment, and what is attractive about the local area and economy?
We deal with single-family rental homes because they're less expensive and easier to manage. Any budding investor would find it very easy to own and manage these properties. Less money is required upfront and that also means that it's also easier to finance your investment.
According to the National Rental Home Council (NRHC), the single-family rental market has grown 30 percent since 2007, compared with 15 percent for multifamily rentals during that same period. The single-family industry is still in its nascent stages and most investors hold purchases of fewer than ten units. Institutional ownership remains a very small part of the overall market – just 200,000 homes, or 0.2 percent of the more than 90 million single-family units in the U.S.
We specialize in selling turnkey rental properties that require little to no work after buying. Our marketplace is a great place to start your rental property search because it allows you to query and filter properties from multiple growth markets based on your criteria.
Whether you purchase a detached home or any investment property type, it’s essential to calculate the rate of return on a rental property to determine its success as an investment. That's where our experienced investment counselors help you out.
They will help you evaluate your short and long-term goals, and then provide you with the best options from our inventory of investment properties with guaranteed rental income. Below are some of our featured investment properties for sale with a Cap Rate of up to 10%.
A good cap rate will depend on your personal investment criteria and preferences such as whether you choose to invest in a stable or growing real estate market. CAP rates are lower in a place like San Francisco than in Dallas. Also, properties near the downtown of a metropolitan area usually having lower CAP rates than properties in the suburbs.
You'll find all the important metrics to estimate the potential return on your investment. You can sort and filter search results to find the right investment property for you. We provide various types of residential rental properties for sale such as single-family detached homes, duplexes, triplexes, and quadplexes. A typical single-family asset includes one to four-unit properties.
Marco has always been the most candid and trusted advisor, in bad & good, that I've had. So GLAD I gave followed him through the years.
Thank you Marco. You are doing great work and as I am just getting started I look to you and your team for guidance and mentorship through our interactions, your podcast and your online resources — thank you for being a mentor (and you don't even know it. 🙂
Thanks again Marco. Norada has really been a great help to me and my family and our financial goals.
I'm real close to finalizing the first 4 homes through norada. It's been a great experience thus far.
This was my first time using Norada to purchase a turnkey property out of state, and I have had a great experience working with them. Michael was great to work with. He definitely over-delivered and was invaluable to ensure the deal closed successfully.
I worked with Norada to purchase my very first investment property in Indianapolis. Steve Olsen was my guide throughout the process and he was fantastic. I had a lot of “newbie” questions that he was able to very quickly help me answer. He put me in touch with their provider in Indy, and helped cultivate that relationship. They were both very knowledgeable about the Indianapolis market, the positives and negatives, and provide a great product at a good price, along with excellent customer service. Many thanks, Norada!
Norada really helped my husband and I understand in very simple terms what it means to be a passive investor, and motivate and drive us to action. We couldn't be happier with our decision to invest. We are calling this our new baby's college savings plan!
I look forward to working with you again soon to get another property! I had a great experience and thank you!
One of your current clients, Lance, referred me to Norada and it really was a true turnkey experience from start to finish. This was the first property that I have purchased and Marco guided me through the whole process. I will be buying another home in the next 4 months from Norada because I am confident in their concepts and principles in building wealth.
For my first turn-key rental property purchases I chose to go with Norada due to Marcos experience, knowledge and decent deals available. The overal purchasing experience went smoothly and Marco was more than willing to answer any and all of the questions I had, and was upfront about everything. I'll be more than likely to purchase more properties from Norada in the near future.
I was interested in building my investment portfolio through passive income properties and really was having a hard time deciding what areas to target. I came across Norada Real Estate while listening to a real estate podcast and loved hearing about what they provide. It was a great decision to work with Norada. I couldn't be happier with the property I've acquired with positive net cash flow each month is the icing on the cake. Look forward to building my portfolio even larger!!! Thank you Norada – especially Michael!!
You read my mind. That would be great and VERY much appreciated. That kind of assistance is what makes Norada a cut above the rest!
Love the quick response!
Michael Ristau has been helping me with my first property. …he is very responsive and followed up on any question I have for him.
Michael did an outstanding job of talking me through the process, being available anytime I needed (which is a very important quality in this business and separated me from 2-3 other similar companies) and getting me in touch with all of the necessary contacts and local market players where I wanted to invest. The team he put me in touch with was thorough, fair, and supportive through the entire process. I look forward to working with Norada again shortly.
Marco was a great help in helping to simplify the process of looking for an investment property. Thanks Marco!
Thanks Marco – it's been great. I looking forward to many more!
Marco is an awesome guy. In our industry, it's critical that you find people to work with that are smart, credible, honest, and just fun to be around. If you're looking for those things, Marco is your man.
Marco is very knowledgeable and helpful to a starter investor like myself. He navigated us through the whole process and promptly assisted us when necessary to close on our first purchase.
Marco is extremely professional and helpful. He is your go-to person for investment real estate.
I have to say that I'm really happy with the purchase.
Norada Real Estate is an excellent resource for anyone looking to invest in real estate. I enjoyed working with Marco Santarelli, and he was a great help through the entire process.
I love your setup. It makes my job a heck of a lot easier.
One thing I like about your company is the ability to be in several different markets to help diversify my real estate portfolio.
I consider myself fortunate to have found Marco and Norada Real Estate because they have access to numerous cities and really are a turnkey operation for the long distance investor. I am looking forward to expanding my real estate portfolio and would not hesitate to use Marco and Norada again.
Want you to know that Ryan and I enjoyed working with you and wouldn’t mind acquiring more properties from you in the future.
You are awesome! Thanks for the advice and guiding me through each step.
I appreciate the continued excellent customer service and advice that was provided along the way.
Insights like yours are why people like yourself are so valuable on my team.
I'm a big fan of all the info you guys publish and appreciate it.
Friendly staff and great communication. I always felt like I was involved throughout the process. Property closed quickly.
Marco stepped up to the plate and became an exceptionally well versed, educated and valuable provider of quality properties and resources for anyone buying.
I am very impressed with your website and more importantly your investor approach. I like transparency and your success is proving that investors like transparency as well.
I appreciate your first-rate presentations and professionalism. You are head of the class.
Transaction was pretty smooth. All my questions were handled in timely fashion and to my satisfaction. Overall, great experience.
Marco is one of the smartest real estate guys I spoke to in the last four years!”
I can't say enough about Norada's top notch, all-around professionalism. As someone who conducts business-to-business transactions, I can vouch that they are an absolute pleasure to work with.
I would definitely consider Norada since Marco is very active in BP. In addition, he is very responsive and knowledgeable!
Norada provided me with great service and they were flexible with some of my issues during the transaction process.
In the 4-1/2 years I've been looking at Real Estate companies online, I've yet to see a turn-key property company that I think is better than Norada.
Marco made it very easy for me as an out of state investor. His expertise in the markets makes me feel very reassured.
I appreciate the great level of service that you guys gave, and will definitely keep you in mind for future deals.
The entire investment property ordeal was very foreign to me, despite the research that I was able to do prior. I want to commend Marco for being so transparent, informative, and diligent with me; you are a great businessman!
My wife and I connected with Marco and he was very knowledgeable and helpful in assisting us purchasing a duplex in Indianapolis. His network covers all aspects of the purchase with very few surprises. We are looking forward to working more with him and his team in the near future.
The process was incredibly easy and the investment exceeded our objectives. Thank you for providing us the opportunity to hit a home run and strengthen our financial portfolio!
I'm an investor from the Netherlands (Europe) and trust is the most important factor for me. Marco earned my trust over and over by his knowledge and his excellent service.
Marco and his team were very responsive, thorough and honest. I have already recommended them to other investors.
Everything went as planned. Everyone Norada lined up was easy to work with. Couldn't ask for an easier transaction. I am very satisfied with my investment.
Marco was professional, helpful and informative throughout my initial investment opportunity. His knowledge, guidance and support made my experience exceptional!
Your company and website provide an awesome resource for the aspiring ‘turn-key’ investor.
Marco is not only full of knowledge and experience, he goes out of his way to share that information by making himself extremely accessible. His patient guidance on everything from property purchasing to asset protection has made my foray into the highly stressful world of real estate investing a genuine pleasure. I look forward to working with Marco many more times in the future.
Simple process and very reliable guidance — buying through Norada is a breeze!
Your commitment to always give value to your prospects (web site tools, blog, personal time, etc.) is a terrific distinguishing attribute and sets Norada apart from other real estate firms.