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Updated almost 4 years ago on . Most recent reply

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33
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George G.
  • Rental Property Investor
  • Chicago, IL
33
Votes |
33
Posts

Norad Capital Management Promissory Notes any experience?

George G.
  • Rental Property Investor
  • Chicago, IL
Posted

I was considering investing in Norad Real Estate they have a Capital Management section that claims: https://drive.google.com/file/...

That they will pay a maximum of 17.5% monthly with a 2 year term... Anyone sign up for this yet?  While the turnkey properties do not sound like it's worth bothering (tons of mixed reviews and sounds a little like Cardone) I assume they do some hard money lending so anyone have any experience with them?  Based on the slim margins I feel like I may lock up my money for 2 years with slim paltry returns of less than 10% or less with the stock marketing returning an average of above 10%+ what is your opinion on this.... Like to hear from real customers good or bad... Thanks in advance.

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Replied

I invested in the 3 year 12% note Dec of 2020 and have received consistent monthly payments on precisely the 3rd of the month. I plan to invest more this year.

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