This is the Ultimate Nomad Checklist™. Select which week you'd like to see the tasks for.
Week 57
Do this at a minimum once a month.
Mark this task as complete once you've reviewed your "Future Narrative" this month.
ASAPFuture NarrativeGoalsUltimate Nomad ChecklistWeek 1Week 10Week 11Week 12Week 13Week 14Week 15Week 16Week 17Week 18Week 19Week 2Week 20Week 21Week 22Week 23Week 24Week 25Week 26Week 27Week 28Week 29Week 3Week 30Week 31Week 32Week 33Week 34Week 35Week 36Week 37Week 38Week 39Week 4Week 40Week 41Week 42Week 43Week 44Week 45Week 46Week 47Week 48Week 49Week 5Week 50Week 51Week 52Week 53Week 54Week 55Week 56Week 57Week 58Week 59Week 6Week 60Week 61Week 62Week 63Week 64Week 7Week 8Week 9
ASAPClassesNomad BasicsOptionalUltimate Nomad ChecklistWeek 5Week 57
Mark this task complete once your Contract and Paperwork Attorney has prepared your "Lease-Option" documents.
ASAPLeaseLease-OptionPaperworkPrepare to be a LandlordTenant-BuyersUltimate Nomad ChecklistWeek 57
Mark this task complete once you've read through your "Lease-Option" paperwork. You'll be scheduling time to meet with your Contract and Paperwork Attorney to have your questions answered in another task.
ASAPLeaseLease-OptionPaperworkPrepare to be a LandlordTenant-BuyersUltimate Nomad ChecklistWeek 57
Mark this task complete when you've posted the ad.
Advertise Property for RentMarketingUltimate Nomad ChecklistWeek 56Week 57Week 58Week 59Week 60
Mark this task complete when you've posted your ad.
Advertise Property for RentMarketingUltimate Nomad ChecklistWeek 56Week 57Week 58Week 59Week 60
For example, in Northern Colorado you may also want to post an ad to NorthernColoradoRentals.com as well.
Mark this task as complete when you've posted ads to these other websites.
Advertise Property for RentMarketingUltimate Nomad ChecklistWeek 56Week 57Week 58Week 59Week 60
Do your screening early... in this first call... don't meet unqualified people at the property.
Some people prefer to ask Tenant or Tenant-Buyer for permission using something like this:
"I’d be happy to answer any questions you have about the property."
"Then, if you don’t mind… if it seems like a property you'd be interested in... I’d like to ask you a few questions to see if you qualify for the property and… if you qualify… then we can schedule a time for you to see the property. Will that work for you?"
Take Calls from TenantsTenant ScreeningTenant-BuyersTenantsUltimate Nomad ChecklistWeek 56Week 57Week 58Week 59Week 60
Remember, we're trying to determine if the Tenant/Tenant-Buyer is qualified to borrow something worth hundreds of thousands of dollars and whether you're going to meet them at the property to show it.
- What's your name? Phone number? Email?
- Who will be living there besides yourself?
- Do you have any pets? How many? What breeds? What size? Neutered/spayed?
- Do you have good landlord references?
- Are you renting now? How much do you pay? Why are you moving?
- What is your approximate gross monthly income?
- Any felonies or other convictions?
- Any evictions?
- How is your credit?
- How long are you looking to stay?
- When are you looking to move in?
Take Calls from TenantsTenant ScreeningTenant-BuyersTenantsUltimate Nomad ChecklistWeek 56Week 57Week 58Week 59Week 60
Ask them to watch the video and look at the application and then confirm a time to meet them at the property for a showing.
If they don't reply back confirming they've watched the video, looked at the application and will be there for the showing time, do not go to the showing.
Take Calls from TenantsTenant ScreeningTenant-BuyersTenantsUltimate Nomad ChecklistWeek 56Week 57Week 58Week 59Week 60
They will need to confirm with you that they've seen the video and will be there at the showing before you drive out to meet them.
Take Calls from TenantsTenant ScreeningTenant-BuyersTenantsUltimate Nomad ChecklistWeek 56Week 57Week 58Week 59Week 60
Take Calls from TenantsTenant ScreeningTenant-BuyersTenantsUltimate Nomad ChecklistWeek 56Week 57Week 58Week 59Week 60
As an example, if your scheduled showing is at 4 PM, you might advertise an open showing window of 4:30 PM to 5 PM as well.
Take Calls from TenantsTenant ScreeningTenant-BuyersTenantsUltimate Nomad ChecklistWeek 56Week 57Week 58Week 59Week 60
- Show up early.
- Turn all lights on.
- Adjust temperature... turn AC to cooler in summer, heat to warmer in winter
- Open windows if house is vacant and stuffy
- Replace missing marketing materials (yard sign, flyers, etc)
Showings to TenantsTenant ScreeningUltimate Nomad ChecklistWeek 56Week 57Week 58Week 59Week 60
Peek inside their car to see how they maintain their car. That's how your house will look.
Introduce yourself and invite them inside the home.
Strongly recommend you take your shoes off and encourage them to do the same... this sets the tone that you take care of your property and they should too.
Showings to TenantsTenant ScreeningUltimate Nomad ChecklistWeek 56Week 57Week 58Week 59Week 60
Invite them to take their time and look around the property.
If the property is still occupied... do not let the prospective Tenant/Tenant-Buyers out of your sight. Be aware of people looking in medicine cabinets or at the current occupant's personal stuff. Remember, you have NOT done your background check yet!
Showings to TenantsTenant ScreeningUltimate Nomad ChecklistWeek 56Week 57Week 58Week 59Week 60
Showings to TenantsTenant ScreeningUltimate Nomad ChecklistWeek 56Week 57Week 58Week 59Week 60
If you happen to know average utilities for the property, share that as well.
Showings to TenantsTenant ScreeningUltimate Nomad ChecklistWeek 56Week 57Week 58Week 59Week 60
- Fill out application (and what that means)
- How the application approval process goes
- How you notify them
- How the reservation deposit works when they're approved
Showings to TenantsTenant ScreeningUltimate Nomad ChecklistWeek 56Week 57Week 58Week 59Week 60
If you are a licensed Real Estate Agent renting your own property you must also send over a copy of the "Brokerage Disclosure to Tenant" via DocuSign at this step as well to have them acknowledge that you do not represent them in the transaction.
Showings to TenantsTenant ScreeningUltimate Nomad ChecklistWeek 56Week 57Week 58Week 59Week 60
Is the property clean? How is the outside maintained? This is how your property will look.
This is also a chance for you to visit with their pet to make sure it is friendly.
It should include:
- A complete application for each person over the age of 18 who will be living in the property. That includes children over 18. Check the application to make sure you can read everything and that every spot is filled in. Ask them to mark any blank spots with "N/A" if they really are not applicable.
- Application fee of $30 per application in cash, money order or cashier's check only. Do not accept personal checks.
- Copy of valid Driver's License (or state-issued photo ID if no Driver's License). Check to make sure they look like the person on the ID and that the name on the ID matches the name on the application.
- Proof of current balances in checking and savings accounts.
- Previous 3 months of statements for checking and savings accounts.
- Latest W-2 and most recent 2 months of paystubs (or if self-employed, previous 2 years or tax returns)
Remember, you're about to loan someone an asset worth (in many cases) hundreds of thousands of dollars... treat the application process as such!
Showings to TenantsTenant ScreeningUltimate Nomad ChecklistWeek 56Week 57Week 58Week 59Week 60
Showings to TenantsTenant ScreeningUltimate Nomad ChecklistWeek 56Week 57Week 58Week 59Week 60
If the inside of their car is full of trash, that's how your property will look since that's how they take care of stuff. Write down the condition of their car in your notes.
TIP: If this is not part of your written Tenant Evaluation Criteria, we strongly recommend adding it.
Showings to TenantsTenant ScreeningUltimate Nomad ChecklistWeek 56Week 57Week 58Week 59Week 60
If they are interested, they'll follow up with you.
Do more marketing instead of chasing.
Showings to TenantsTenant ScreeningUltimate Nomad ChecklistWeek 56Week 57Week 58Week 59Week 60
For example, you could also:
- Put a lockbox on the property and have people show it themselves. Not good when tenant-occupied.
- Hold an open house. "I'll be there from 1 to 3 PM on Saturday." Not good when tenant-occupied.
- Scheduling back t back showings, every X minutes (usually 15). Recommended.
Showings to TenantsTenant ScreeningUltimate Nomad ChecklistWeek 56Week 57Week 58Week 59Week 60