Norada real estate (Based out of Cali)

[Rich_in_CT]

Any admins or mods care to run this guy's (realinvestor1) IP address and see where it resolves to?  

[campbellgroup]

One more thing.  To sell real estate, you must be licensed.  There is no info about the company so I'd be very careful with this one.

This is not true mtnwizard with all due respect and not to sound argumentitve .Here in Florida I have sold lots of realestate without a license. It is perfectly legal.

[Tim777]

Campbellgroup, did you sell your own real estate or somebody elses? I believe you can't be an agent for a client without a license in any state

http://www4.myflorida.com/dbpr/re/norelic.shtml

[Bluemoon06]

We have a definition problem.  Sell to me is I own it and I sell it.  That is like for sale by owner or with an agent.  You don’t need a license to do that.  You need a license to broker a deal not your own.  That allows you to represent a buyer of seller as their agent.  The reason you need to be licensed is because they want to control your behavior.  This includes disclosure requirements and making sure that the consumer laws of that state are not violated.

[Rich_in_CT]

What if you as a competent investor help out a family member when they sell/buy?  

[Bluemoon06]

No compensation no foul

[hanatal]

remax also has the preconstruction investing in florida. we almost did it, if i remember right it was at or above the 34% at least you know remax is legit, i'm sure they have info on the remax web site.
wendy

[aak5454]

if everyone is getting a 34% discount then by definition you are paying market price, right?  sorry I don't buy into the concept of "instant" equity

[campbellgroup]

Tim I owned the realestate.

[MARCO@NORADAREALES]

There seems to be a lot of assumptions being made here and a clear misunderstanding of parts of Norada's program.  In your best interest, I suggest getting the facts straight by simply calling up the company and speaking with Marco or one of thier associates.

Hopefully this is just some good advice.

.

[niravmd]

i recently saw norada's website from a google ad in my gmail.

buying in florida for future appreciation is a fools game at this point.
you want to be ahead of the pack not following after everyone and their mother has made money there.

I'm skeptical of all these people who sell excess inventory with "guaranteed" appreciation. If you don't know how to do your own research, don't buy anything until you do.

remember buffet's rule #1. "first, lose no money".

[Anjanettea]

Hi All,

I'm new to the board and was searching the net for additional info on Norada Real Estate Group and found this forum.  I apologize if this topic has already been discussed at length.

I recently received info about Norada Real Estate from the Learning Annex R.E. Expo (in NYC).  I contacted the company this afternoon and Barbara said she would email material to me.  

Apparently, all the info you want to know about the company is at the website (however, I can't find an "About Us" section on their page).  I ran the company's name through BBB and the company has a BBB Rating (which is outstanding according to the site).  Also, I searched for Norada's name on D&B, and the company was not listed.

Barbara explained the $500 deal to me.  You complete the paper work and Norada submits it to their lenders.  Once approved, you send the $500 deposit, which secures and 1/2 acre lot.  The construct company obtains the permits and then starts building your property.  After the house has been built, you then can sell or rent your property.

Now, with that being said, has anyone conducted any business with Norada Real Estate?

Thank you for your comments.

Sandi