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Updated 6 months ago,
Any experience with Norada Real Estate?
I live in southern CA, and for that reason, I can't invest locally. I came across Norada Real Estate and have been absolutely blown away. Marco Santarelli, the founder has a pod cast that I've been listening to. His knowledge and ability to analyze the market is extremely impressive. I'm new to this business, and feel as if Norada can really help guide me through this for the first time. Granted, I don't plan to solely depend on them, and I'm doing my own research. I just finished Brandon Turner's book on rental properties, and plan to continue to read more.
I understand that Norada is a promoter, and prefer that given that they are agnostic in how they recommend properties. I am curious to know what the typical fees are associated with the operator they refer you to though. Is it typically a flat percentage fee based on the appraisal? What percentage of the cut is typical?
I've seen some posts about Norada on here, but they are older and I wanted to see if anyone else has recently gone through them. If you have, I'd love to hear about your experience.
Thanks.