Nomad

The Ultimate Real Estate Agent Retirement Plan™

Welcome to a world where your career can pave the way to your retirement dreams! If you’re a real estate agent, you’re in a unique position to turn your day-to-day job into a powerful retirement strategy. Imagine a future where you’re not just living off savings or waiting for social security checks, but instead, you’re enjoying a steady flow of income from properties you’ve smartly invested in over the years. This isn’t a far-off dream; it’s a very achievable reality with The Ultimate Real Estate Agent Retirement Plan™. In this guide, we’ll show you how combining the Nomad™ real estate … Read more

Nomad™ with Lease-Option Exits

Have you ever dreamed of investing in real estate without getting stuck in one place? Enter the Nomad™ real estate investing strategy. This creative approach is all about flexibility and building your investment portfolio one house at a time. It’s like being a nomad, but instead of wandering without a purpose, you’re moving with a mission. You buy a home, live in it for a while, then move on to the next, leaving a valuable asset behind that continues to work for you. Imagine turning every home you live in into a stepping stone towards financial freedom. Exciting, right? Let’s … Read more

Nomad™ to Short-Term Rental

Imagine turning your home into a treasure chest. That’s what Nomad™ real estate investing is all about. It starts simple: you buy a house and live in it. Then, when it’s time to move, you don’t sell. Instead, you keep it as a rental property. It’s like planting a seed that grows into a money tree. This journey doesn’t just give you a place to live; it starts you on the path to building wealth. Each house becomes a stepping stone to the next, expanding your real estate empire. And the best part? You can live anywhere you want, from … Read more

Nomad™ with House Hacking

Hey there! Welcome to the exciting world of real estate investing. If you’re dreaming of making money while you sleep, you’re in the right place. Real estate investing is like having your very own money tree, except it’s real and can grow bigger and bigger over time. And guess what? It’s totally possible for you, no matter your current situation. In this guide, we’ll dive into a super cool strategy called Nomad™ with House Hacking. It’s fun, it’s smart, and it can help you build wealth while living life on your terms. So, let’s get started on this amazing journey … Read more

House Hacking vs Nomad™

House Hacking vs. Nomad™ Real Estate Investing: An In-Depth Comparison Real estate investment strategies are as varied as the investors who employ them, each offering unique benefits and challenges. Today, we’re diving into two popular strategies: House Hacking and the Nomad™ Real Estate Investing Strategy. Whether you’re a seasoned investor or just starting, understanding these strategies can be a game-changer for your portfolio. What is House Hacking? House Hacking involves purchasing a multi-unit property, living in one unit, and renting out the others. This strategy can significantly reduce or even eliminate your living expenses, allowing you to save more towards … Read more

Nomad™ Real Estate Investing Strategy

2022-05-25 - Nomad™ Real Estate Investing Strategy

This class was taught live by James Orr on May 25, 2022. City-Specific Modeling It is part of a series James did based on going through each of the Real Estate Investing Strategies one similarly formatted class at a time. James’ vision for this class series is to teach a class that covers the strategy and then show you city-specific quantitative analysis of this… and other strategies based on actual properties and characteristics of 300 different cities. Check out the city-specific modeling. Handouts Real Estate Investing Strategies PDF Real Estate Investing Strategy Profile PDF Financing Comparison PDF Real Estate Investing … Read more

Is Nomad™ Dead?!

In this special class, James Orr discusses whether the Nomad™ real estate investing strategy is dead. This class was taught on June 9, 2021. What Promoted This Class Several buyers purchasing from a specific neighborhood over the last several years All the same 4-bedroom model, same builder, go under contract well before close date (build time) April 2018, client purchased for $354K With about $10K in options… so about $344K for base price June 2019, client purchased for $360K With about $3K in options… so about $357K for base price About 3.77%/year increase (we typically model 3%/year) Rent was about … Read more

Nomad™ – Ask Me Almost Anything

Let’s ask James the hardest questions yet about the Nomad™ real estate investing strategy in this special edition of Nomad™ – Ask Me Almost Anything. Recorded on February 24, 2021. What Is Nomad™? We started by covering what Nomad™ is: Questions Answered First, multi-part question: “I’m really excited to begin my nomad journey! I’m in a unique position. My non real estate day job income won’t allow me to realize the immediate tax benefits of investment properties (until I sell, of course).” “When I run the numbers to convert my NOCO townhome, the numbers look horrible. With a property manager … Read more