Income FAQs

Do I need to earn more for each Nomad™ home that I buy? Maybe. It really depends on the properties you’re buying. In some cases you will need to earn more each year as you buy additional Nomad™ properties in year 2 on. In other cases the income you’re receiving from the previous Nomad™ properties you’ve purchased and are renting out will actually help you qualify for the next purchases. So, what really determines whether you’ll need to earn more to buy more Nomad™ properties or less? It is really the cash on cash return of the previous Nomad™ properties. … Read more