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, the show where busy people like you learn how to build substantial passive income while creating wealth for the long term. Marco is a licensed California real estate broker and runs a successful real estate investment firm focused on helping other investors build wealth through the power of real estate.

Where did you grow up and what was your childhood like? Did you have any particular experiences/stories that shaped your adult life?

I grew up in Calgary, Canada. I had a simple and somewhat average childhood. My family did not have a lot of money. My father worked full time in a blue-collar job, and my mother often worked two jobs in public services.

One thing I did to shape my adult life is the study of business and real estate as a young teenager. I was fascinated by money and knew I had to learn about it to be “rich”.

What is something you wish you would’ve realized earlier in your life?

The importance of time and why investing early in life is so powerful. Time is your greatest ally.

What are bad recommendations you hear in your profession or area of expertise?

One of the greatest bad recommendations is to invest locally to where you live. This is most often flawed financial advice because the best deal and returns are rarely found locally to an investor. With the hundreds of markets and thousands of areas around the U.S., there are always great deals to be found when working with the right team.

Tell me about one of the darker periods you’ve experienced in life. How you came out of it and what you learned from it?

Possibly the passing of my father who had lung cancer twice. It was difficult on many levels and took a lot of time away from my family and work obligations. But you do what you have to for your family and it made me realize how important time with loved ones is, and that you should spend as much time as you can with them.

What is one thing that you do that you feel has been the biggest contributor to your success so far?
Personal development. Specifically, learning everything you can about the things that can contribute to your success. Always be a student and never stop learning.

What is your morning routine?

Usually wake up around 7 am. I gt myself ready, make myself a coffee, sometimes have breakfast (but not always), and get myself to my office as soon as possible. It’s a simple routine and I look forward to jumping into my work every day.

What habit or behavior that you have pursued for a few years has most improved your life?

Delegating what you can has made a major impact. I didn’t learn this soon enough and it has held me back from greater success.

What are your strategies for being productive and using your time most efficiently?

Really, it’s the same as above – delegating as much as I can and staying focused on my “superpowers”.

What book(s) have influenced your life the most? Why?

Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! This book changes the way you look at assets and wealth. It takes you out of middle-class thinking and expands your financing intelligence.

Do you have any quotes you live by or think of often?

There are three kinds of people in the world:
– Those that make things happen.
– Those that watch things happen.
– And those that wonder, what happened?