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Passive Real Estate Investing

Ask Marco - How Does Norada Get Compensated? | PREI 153

Passive Real Estate Investing

Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Education, Business, Investing, Entrepreneurship, How To, Business:investing

4.6968 Ratings

🗓️ 30 May 2019

⏱️ 8 minutes

🧾️ Download transcript

Summary

Ask Marco - How Does Norada Get Compensated?     Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary   IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you!      . Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to passive real estate investing, the show where busy people like you learn how to build substantial passive income while creating wealth for the long term.

0:10.0

And now here's your host, Marco Santorelli's.

0:13.7

Hello, my friends and welcome to another episode of Ask Marco,

0:17.5

where I answer your investing related questions.

0:20.8

Today's question comes in from Reggie and he has a question about turnkey property promoters.

0:28.0

He says, hi Marco, thanks for the great educational information that you put forth on your

0:31.7

podcast. It's helped me learn so much in just a short

0:35.2

period of time. One question that I had for you and many of your other listeners probably

0:41.0

have a similar question is the following.

0:43.5

I generally understand the difference between a turnkey promoter such as Norrada real estate

0:48.4

investments and a turnkey provider and I generally understand how a turn key provider makes their money in

0:55.1

brackets value ad through renovations, profit by selling the properties that they themselves own,

1:00.6

potential ongoing property management fees etc.

1:03.0

However, I don't quite understand how you, Norrata, earn money through helping individual investors.

1:10.0

Do individual investors pay Norrata a dedicated fee for your help or service or advice?

1:16.0

Do you get a commission from the turnkey provider as the equivalent of a finders fee or realtors fee?

1:22.0

Does Norrada take a little quote meat off the bone close quote from the deal?

1:26.5

Please don't misinterpret this as being hostile in any way and I don't. I am simply trying to

1:31.4

understand how a turnkey promoter like Norata makes money in the process

1:34.8

because I think it's important to understand different parties financial incentives.

1:39.5

In brackets he says there's nothing wrong with having financial incentives.

1:42.6

Everyone has them.

...

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