10 Rules for Successful Real Estate Investing and the Importance of Management
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Real estate investments are a great way to amass generational wealth and passive income streams. But how do you choose a deal? How do you put together a team that will help you succeed in the longterm? And how do you expand and diversify your portfolio?
Today on the show we have Marco Santarelli and he’s going to answer all of these questions for us. Marco is the founder of Norada Real Estate Investments; he’s been in this business for several decades already. He will share his 10 rules of successful real estate investing. If you’re looking to take your training wheels off and jump into this space, this is the episode for you!
What We Cover
02:32 - Marco’s background and the first lesson you need to learn about real estate investing.
06:13 - Why people hesitate to take action towards financial freedom and how to gain that confidence.
10:31 - The 5 core people you need to have on your team if you want to run a successful business, and not just a job.
14:48 - What does a perfect candidate look like and how to select your real estate team and the property management company.
18:33 - The number one rule, i.e. the first thing you need to do before you even think of investing.
19:53 - The 10 rules of successful real estate investing and how to apply each of them in your business and life.
30:19 - Why is diversification so important in the real estate portfolio with Marco’s diversification method explained.
33:53 - How to accelerate your wealth generation and magnify your ROI through direct ownership.
36:43 - The biggest investment opportunities we can expect in the next 18 months.
41:03 - How to connect with Marco and find his websites, podcast, and social media.
Show Resources
- Norada Real Estate Investments
- Passive Real Estate Investing
- Connect with Marco Santarelli on Twitter and Facebook
Meet Marco Santarelli
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. He is the host of the Passive Real Estate Investing show, where busy people learn how to build substantial passive income while creating wealth for the long-term. 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.
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