Virginia Real Estate Models
Check out how Virginia does for these scenarios.
5% Lower Rents While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are only able to get 5% lower rents.
Net Worth at 40 Years
- Alexandria = $4.82M
- Chesapeake = $18.25M
- Hampton = $16.71M
- Newport News = $13.55M
- Norfolk = $15.23M
- Portsmouth = $14.93M
- Richmond = $18.74M
- Roanoke = $7.82M
- Virginia Beach = $31.16M
Month First Achieved Financial Independence
- Alexandria = 73.58 Years (883 Months)
- Chesapeake = 23.75 Years (285 Months)
- Hampton = 16.75 Years (201 Months)
- Newport News = 23.75 Years (285 Months)
- Norfolk = 21.75 Years (261 Months)
- Portsmouth = 19.17 Years (230 Months)
- Richmond = 20.67 Years (248 Months)
- Roanoke = 36.17 Years (434 Months)
- Virginia Beach = 12.75 Years (153 Months)
5% Higher Rents While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are able to get 5% higher rents.
Net Worth at 40 Years
- Alexandria = $6.34M
- Chesapeake = $25.29M
- Hampton = $20.63M
- Newport News = $17.97M
- Norfolk = $21.00M
- Portsmouth = $18.54M
- Richmond = $25.29M
- Roanoke = $9.87M
- Virginia Beach = $35.48M
Month First Achieved Financial Independence
- Alexandria = 65.75 Years (789 Months)
- Chesapeake = 16.75 Years (201 Months)
- Hampton = 12.75 Years (153 Months)
- Newport News = 16.75 Years (201 Months)
- Norfolk = 14.75 Years (177 Months)
- Portsmouth = 13.75 Years (165 Months)
- Richmond = 13.75 Years (165 Months)
- Roanoke = 30.75 Years (369 Months)
- Virginia Beach = 10.67 Years (128 Months)
10% Property Price Premium While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except forced to buy properties at a 10% premium.
Net Worth at 40 Years
- Alexandria = $3.81M
- Chesapeake = $12.46M
- Hampton = $14.56M
- Newport News = $9.63M
- Norfolk = $9.85M
- Portsmouth = $13.00M
- Richmond = $12.53M
- Roanoke = $6.24M
- Virginia Beach = $29.25M
Month First Achieved Financial Independence
- Alexandria = 75.25 Years (903 Months)
- Chesapeake = 29.83 Years (358 Months)
- Hampton = 21.75 Years (261 Months)
- Newport News = 28.75 Years (345 Months)
- Norfolk = 26.92 Years (323 Months)
- Portsmouth = 23.08 Years (277 Months)
- Richmond = 26.75 Years (321 Months)
- Roanoke = 38.75 Years (465 Months)
- Virginia Beach = 14.75 Years (177 Months)
.5 Worse Interest Rate While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .5 worse/higher mortgage interest rate.
Net Worth at 40 Years
- Alexandria = $3.81M
- Chesapeake = $12.46M
- Hampton = $14.56M
- Newport News = $9.63M
- Norfolk = $9.85M
- Portsmouth = $13.00M
- Richmond = $12.53M
- Roanoke = $6.24M
- Virginia Beach = $29.25M
Month First Achieved Financial Independence
- Alexandria = 75.25 Years (903 Months)
- Chesapeake = 29.83 Years (358 Months)
- Hampton = 21.75 Years (261 Months)
- Newport News = 28.75 Years (345 Months)
- Norfolk = 26.92 Years (323 Months)
- Portsmouth = 23.08 Years (277 Months)
- Richmond = 26.75 Years (321 Months)
- Roanoke = 38.75 Years (465 Months)
- Virginia Beach = 14.75 Years (177 Months)
Nomad to Short-Term Rentals with 75% Higher Rents
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 75% higher rents but with doubled maintenance expenses as well.
Net Worth at 40 Years
- Alexandria = $30.73M
- Chesapeake = $54.76M
- Hampton = $41.78M
- Newport News = $39.02M
- Norfolk = $44.77M
- Portsmouth = $38.17M
- Richmond = $51.33M
- Roanoke = $23.50M
- Virginia Beach = $73.70M
Month First Achieved Financial Independence
- Alexandria = 27.75 Years (333 Months)
- Chesapeake = 8.17 Years (98 Months)
- Hampton = 6.67 Years (80 Months)
- Newport News = 7.42 Years (89 Months)
- Norfolk = 6.58 Years (79 Months)
- Portsmouth = 7.33 Years (88 Months)
- Richmond = 7.00 Years (84 Months)
- Roanoke = 10.75 Years (129 Months)
- Virginia Beach = 6.50 Years (78 Months)
10% Property Price Discount While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties at a 10% discount.
Net Worth at 40 Years
- Alexandria = $8.38M
- Chesapeake = $26.55M
- Hampton = $20.63M
- Newport News = $19.12M
- Norfolk = $21.85M
- Portsmouth = $18.57M
- Richmond = $26.19M
- Roanoke = $11.81M
- Virginia Beach = $34.37M
Month First Achieved Financial Independence
- Alexandria = 60.33 Years (724 Months)
- Chesapeake = 13.75 Years (165 Months)
- Hampton = 11.75 Years (141 Months)
- Newport News = 13.75 Years (165 Months)
- Norfolk = 11.75 Years (141 Months)
- Portsmouth = 12.75 Years (153 Months)
- Richmond = 11.75 Years (141 Months)
- Roanoke = 25.83 Years (310 Months)
- Virginia Beach = 9.75 Years (117 Months)
5% Property Price Premium While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except forced to buy properties at a 5% premium.
Net Worth at 40 Years
- Alexandria = $4.59M
- Chesapeake = $17.63M
- Hampton = $17.01M
- Newport News = $13.10M
- Norfolk = $13.83M
- Portsmouth = $15.08M
- Richmond = $18.04M
- Roanoke = $7.42M
- Virginia Beach = $32.72M
Month First Achieved Financial Independence
- Alexandria = 73.33 Years (880 Months)
- Chesapeake = 24.75 Years (297 Months)
- Hampton = 17.75 Years (213 Months)
- Newport News = 24.75 Years (297 Months)
- Norfolk = 22.75 Years (273 Months)
- Portsmouth = 19.75 Years (237 Months)
- Richmond = 21.75 Years (261 Months)
- Roanoke = 35.33 Years (424 Months)
- Virginia Beach = 12.50 Years (150 Months)
Nomad to Short-Term Rentals with 50% Higher Rents
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 50% higher rents but with doubled maintenance expenses as well.
Net Worth at 40 Years
- Alexandria = $19.67M
- Chesapeake = $41.97M
- Hampton = $32.45M
- Newport News = $30.00M
- Norfolk = $34.70M
- Portsmouth = $29.28M
- Richmond = $39.72M
- Roanoke = $18.15M
- Virginia Beach = $57.90M
Month First Achieved Financial Independence
- Alexandria = 38.75 Years (465 Months)
- Chesapeake = 9.75 Years (117 Months)
- Hampton = 8.33 Years (100 Months)
- Newport News = 9.25 Years (111 Months)
- Norfolk = 8.42 Years (101 Months)
- Portsmouth = 8.75 Years (105 Months)
- Richmond = 8.92 Years (107 Months)
- Roanoke = 14.75 Years (177 Months)
- Virginia Beach = 7.67 Years (92 Months)
10% Less Job Income While Nomading™
Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy but model it with the investor earning 10% less income than in the Baseline Nomad™ Scenario.
Net Worth at 40 Years
- Alexandria = $233.12K
- Chesapeake = $14.38M
- Hampton = $16.68M
- Newport News = $12.13M
- Norfolk = $13.74M
- Portsmouth = $14.72M
- Richmond = $15.08M
- Roanoke = $6.65M
- Virginia Beach = $26.21M
Month First Achieved Financial Independence
- Alexandria = 0.00 Years (0 Months)
- Chesapeake = 26.25 Years (315 Months)
- Hampton = 16.75 Years (201 Months)
- Newport News = 24.75 Years (297 Months)
- Norfolk = 23.75 Years (285 Months)
- Portsmouth = 18.75 Years (225 Months)
- Richmond = 21.50 Years (258 Months)
- Roanoke = 38.75 Years (465 Months)
- Virginia Beach = 13.75 Years (165 Months)
Nomad to Short-Term Rentals with 25% Higher Rents
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 25% higher rents but with doubled maintenance expenses as well.
Net Worth at 40 Years
- Alexandria = $9.29M
- Chesapeake = $30.34M
- Hampton = $23.64M
- Newport News = $21.62M
- Norfolk = $25.10M
- Portsmouth = $21.22M
- Richmond = $28.60M
- Roanoke = $13.33M
- Virginia Beach = $42.57M
Month First Achieved Financial Independence
- Alexandria = 56.00 Years (672 Months)
- Chesapeake = 13.42 Years (161 Months)
- Hampton = 11.33 Years (136 Months)
- Newport News = 12.75 Years (153 Months)
- Norfolk = 11.50 Years (138 Months)
- Portsmouth = 12.00 Years (144 Months)
- Richmond = 11.83 Years (142 Months)
- Roanoke = 23.33 Years (280 Months)
- Virginia Beach = 9.67 Years (116 Months)
10% Higher Rents While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are able to get 10% higher rents.
Net Worth at 40 Years
- Alexandria = $7.19M
- Chesapeake = $28.72M
- Hampton = $22.42M
- Newport News = $20.68M
- Norfolk = $23.72M
- Portsmouth = $20.25M
- Richmond = $28.44M
- Roanoke = $11.07M
- Virginia Beach = $37.42M
Month First Achieved Financial Independence
- Alexandria = 60.75 Years (729 Months)
- Chesapeake = 13.75 Years (165 Months)
- Hampton = 11.67 Years (140 Months)
- Newport News = 13.67 Years (164 Months)
- Norfolk = 11.75 Years (141 Months)
- Portsmouth = 12.75 Years (153 Months)
- Richmond = 11.75 Years (141 Months)
- Roanoke = 27.75 Years (333 Months)
- Virginia Beach = 9.75 Years (117 Months)
Nomad™ Start with $0
Do the traditional Nomad™ strategy except you start with $0 saved up.
Net Worth at 40 Years
- Alexandria = $4.55M
- Chesapeake = $19.47M
- Hampton = $18.19M
- Newport News = $14.86M
- Norfolk = $17.14M
- Portsmouth = $16.43M
- Richmond = $19.84M
- Roanoke = $8.39M
- Virginia Beach = $29.99M
Month First Achieved Financial Independence
- Alexandria = 71.75 Years (861 Months)
- Chesapeake = 21.75 Years (261 Months)
- Hampton = 15.58 Years (187 Months)
- Newport News = 20.75 Years (249 Months)
- Norfolk = 18.75 Years (225 Months)
- Portsmouth = 16.75 Years (201 Months)
- Richmond = 18.75 Years (225 Months)
- Roanoke = 34.50 Years (414 Months)
- Virginia Beach = 13.42 Years (161 Months)
.25 Better Interest Rate While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .25 better/lower mortgage interest rate.
Net Worth at 40 Years
- Alexandria = $5.89M
- Chesapeake = $23.23M
- Hampton = $19.39M
- Newport News = $16.43M
- Norfolk = $19.13M
- Portsmouth = $17.44M
- Richmond = $23.17M
- Roanoke = $9.37M
- Virginia Beach = $34.09M
Month First Achieved Financial Independence
- Alexandria = 67.75 Years (813 Months)
- Chesapeake = 18.42 Years (221 Months)
- Hampton = 13.75 Years (165 Months)
- Newport News = 18.08 Years (217 Months)
- Norfolk = 15.75 Years (189 Months)
- Portsmouth = 14.83 Years (178 Months)
- Richmond = 14.83 Years (178 Months)
- Roanoke = 32.08 Years (385 Months)
- Virginia Beach = 11.08 Years (133 Months)
10% More Job Income While Nomading™
Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy but model it with the investor earning 10% more income than in the Baseline Nomad™ Scenario.
Net Worth at 40 Years
- Alexandria = $10.10M
- Chesapeake = $25.99M
- Hampton = $21.18M
- Newport News = $18.39M
- Norfolk = $20.94M
- Portsmouth = $19.14M
- Richmond = $24.66M
- Roanoke = $10.67M
- Virginia Beach = $36.96M
Month First Achieved Financial Independence
- Alexandria = 58.67 Years (704 Months)
- Chesapeake = 17.75 Years (213 Months)
- Hampton = 14.75 Years (177 Months)
- Newport News = 18.75 Years (225 Months)
- Norfolk = 16.75 Years (201 Months)
- Portsmouth = 15.75 Years (189 Months)
- Richmond = 15.75 Years (189 Months)
- Roanoke = 31.75 Years (381 Months)
- Virginia Beach = 11.08 Years (133 Months)
25% Down Payment Non-Owner-Occupant
Buy 1 owner-occupant property with 5% down then up to 9 non-owner-occupant properties with 25% down payments.
Net Worth at 40 Years
- Alexandria = $5.56M
- Chesapeake = $18.99M
- Hampton = $16.12M
- Newport News = $14.54M
- Norfolk = $16.73M
- Portsmouth = $14.84M
- Richmond = $19.02M
- Roanoke = $9.08M
- Virginia Beach = $29.26M
Month First Achieved Financial Independence
- Alexandria = 68.75 Years (825 Months)
- Chesapeake = 20.75 Years (249 Months)
- Hampton = 15.75 Years (189 Months)
- Newport News = 19.75 Years (237 Months)
- Norfolk = 17.50 Years (210 Months)
- Portsmouth = 17.75 Years (213 Months)
- Richmond = 18.00 Years (216 Months)
- Roanoke = 32.08 Years (385 Months)
- Virginia Beach = 13.75 Years (165 Months)
Nomad™ and Sell ALL Rentals if SWR Achieves FI
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except sell all the rental properties if by doing so you can invest the proceeds and achieve financial independence utilizing a Safe Withdrawal Rate of the money you have invested.
Net Worth at 40 Years
- Alexandria = $5.46M
- Chesapeake = $21.46M
- Hampton = $19.03M
- Newport News = $15.65M
- Norfolk = $18.10M
- Portsmouth = $17.25M
- Richmond = $21.56M
- Roanoke = $5.94M
- Virginia Beach = $33.21M
Month First Achieved Financial Independence
- Alexandria = 64.25 Years (771 Months)
- Chesapeake = 19.75 Years (237 Months)
- Hampton = 14.33 Years (172 Months)
- Newport News = 19.75 Years (237 Months)
- Norfolk = 17.75 Years (213 Months)
- Portsmouth = 15.75 Years (189 Months)
- Richmond = 16.83 Years (202 Months)
- Roanoke = 31.50 Years (378 Months)
- Virginia Beach = 11.42 Years (137 Months)
Baseline Nomad™ Scenario
Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy.
Net Worth at 40 Years
- Alexandria = $5.46M
- Chesapeake = $21.46M
- Hampton = $19.03M
- Newport News = $15.65M
- Norfolk = $18.10M
- Portsmouth = $17.25M
- Richmond = $21.56M
- Roanoke = $8.77M
- Virginia Beach = $33.21M
Month First Achieved Financial Independence
- Alexandria = 68.75 Years (825 Months)
- Chesapeake = 19.75 Years (237 Months)
- Hampton = 14.33 Years (172 Months)
- Newport News = 19.75 Years (237 Months)
- Norfolk = 17.75 Years (213 Months)
- Portsmouth = 15.75 Years (189 Months)
- Richmond = 16.83 Years (202 Months)
- Roanoke = 33.08 Years (397 Months)
- Virginia Beach = 11.42 Years (137 Months)
10% Property Manager While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except hire a professional property manager costing 10% of gross rents.
Net Worth at 40 Years
- Alexandria = $4.96M
- Chesapeake = $16.86M
- Hampton = $15.23M
- Newport News = $12.23M
- Norfolk = $14.28M
- Portsmouth = $13.66M
- Richmond = $16.85M
- Roanoke = $7.32M
- Virginia Beach = $28.86M
Month First Achieved Financial Independence
- Alexandria = 76.75 Years (921 Months)
- Chesapeake = 26.75 Years (321 Months)
- Hampton = 20.33 Years (244 Months)
- Newport News = 26.75 Years (321 Months)
- Norfolk = 23.75 Years (285 Months)
- Portsmouth = 22.67 Years (272 Months)
- Richmond = 23.75 Years (285 Months)
- Roanoke = 38.08 Years (457 Months)
- Virginia Beach = 14.58 Years (175 Months)
Buy Non-Owner-Occupant All Cash As Renter
Save up and buy up to 10 non-owner-occupant properties all cash (without any mortgage) while you remain a renter the entire time.
Net Worth at 40 Years
- Alexandria = $4.46M
- Chesapeake = $5.22M
- Hampton = $5.39M
- Newport News = $4.97M
- Norfolk = $4.65M
- Portsmouth = $5.05M
- Richmond = $4.87M
- Roanoke = $4.37M
- Virginia Beach = $5.73M
Month First Achieved Financial Independence
- Alexandria = 65.75 Years (789 Months)
- Chesapeake = 32.75 Years (393 Months)
- Hampton = 26.75 Years (321 Months)
- Newport News = 28.58 Years (343 Months)
- Norfolk = 27.00 Years (324 Months)
- Portsmouth = 26.67 Years (320 Months)
- Richmond = 29.58 Years (355 Months)
- Roanoke = 32.92 Years (395 Months)
- Virginia Beach = 29.17 Years (350 Months)
3% Property Price Discount While Nomading™ as Real Estate Agent
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except as a real estate agent you take your 3% commission as a discount off the purchase price.
Net Worth at 40 Years
- Alexandria = $6.22M
- Chesapeake = $23.93M
- Hampton = $19.56M
- Newport News = $17.03M
- Norfolk = $19.72M
- Portsmouth = $17.60M
- Richmond = $23.94M
- Roanoke = $9.80M
- Virginia Beach = $32.86M
Month First Achieved Financial Independence
- Alexandria = 66.75 Years (801 Months)
- Chesapeake = 17.75 Years (213 Months)
- Hampton = 13.67 Years (164 Months)
- Newport News = 17.75 Years (213 Months)
- Norfolk = 14.83 Years (178 Months)
- Portsmouth = 14.75 Years (177 Months)
- Richmond = 14.58 Years (175 Months)
- Roanoke = 31.75 Years (381 Months)
- Virginia Beach = 10.75 Years (129 Months)
Nomad™ and Payoff OO if Achieves FI
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except payoff your owner-occupant property if by doing so that means you achieve financial independence.
Net Worth at 40 Years
- Alexandria = $5.46M
- Chesapeake = $21.46M
- Hampton = $19.03M
- Newport News = $15.65M
- Norfolk = $18.10M
- Portsmouth = $17.25M
- Richmond = $21.56M
- Roanoke = $8.60M
- Virginia Beach = $33.21M
Month First Achieved Financial Independence
- Alexandria = 68.75 Years (825 Months)
- Chesapeake = 19.75 Years (237 Months)
- Hampton = 14.33 Years (172 Months)
- Newport News = 19.75 Years (237 Months)
- Norfolk = 17.75 Years (213 Months)
- Portsmouth = 15.75 Years (189 Months)
- Richmond = 16.83 Years (202 Months)
- Roanoke = 32.25 Years (387 Months)
- Virginia Beach = 11.42 Years (137 Months)
20% Down Payment Non-Owner-Occupant
Buy 1 owner-occupant property with 5% down then up to 9 non-owner-occupant properties with 20% down payments.
Net Worth at 40 Years
- Alexandria = $5.56M
- Chesapeake = $19.81M
- Hampton = $16.81M
- Newport News = $15.05M
- Norfolk = $17.11M
- Portsmouth = $15.20M
- Richmond = $19.67M
- Roanoke = $9.10M
- Virginia Beach = $29.95M
Month First Achieved Financial Independence
- Alexandria = 68.58 Years (823 Months)
- Chesapeake = 20.75 Years (249 Months)
- Hampton = 16.42 Years (197 Months)
- Newport News = 19.75 Years (237 Months)
- Norfolk = 17.75 Years (213 Months)
- Portsmouth = 17.75 Years (213 Months)
- Richmond = 17.75 Years (213 Months)
- Roanoke = 32.08 Years (385 Months)
- Virginia Beach = 12.92 Years (155 Months)
Buy Non-Owner-Occupant All Cash
Buy 1 owner-occupant property with 5% down then save up and buy up to 9 non-owner-occupant properties all cash (without any mortgage).
Net Worth at 40 Years
- Alexandria = $5.35M
- Chesapeake = $9.76M
- Hampton = $9.41M
- Newport News = $8.30M
- Norfolk = $8.79M
- Portsmouth = $8.58M
- Richmond = $9.68M
- Roanoke = $5.75M
- Virginia Beach = $15.06M
Month First Achieved Financial Independence
- Alexandria = 56.75 Years (681 Months)
- Chesapeake = 26.75 Years (321 Months)
- Hampton = 22.00 Years (264 Months)
- Newport News = 24.42 Years (293 Months)
- Norfolk = 22.17 Years (266 Months)
- Portsmouth = 22.58 Years (271 Months)
- Richmond = 23.42 Years (281 Months)
- Roanoke = 31.75 Years (381 Months)
- Virginia Beach = 20.92 Years (251 Months)
3% Commission While Nomading™ as Real Estate Agent
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except as a real estate agent you earn a 3% commission with each property you purchase.
Net Worth at 40 Years
- Alexandria = $6.11M
- Chesapeake = $22.47M
- Hampton = $19.54M
- Newport News = $16.13M
- Norfolk = $18.52M
- Portsmouth = $17.64M
- Richmond = $22.45M
- Roanoke = $9.18M
- Virginia Beach = $34.18M
Month First Achieved Financial Independence
- Alexandria = 65.75 Years (789 Months)
- Chesapeake = 19.75 Years (237 Months)
- Hampton = 13.75 Years (165 Months)
- Newport News = 19.08 Years (229 Months)
- Norfolk = 16.83 Years (202 Months)
- Portsmouth = 14.92 Years (179 Months)
- Richmond = 16.75 Years (201 Months)
- Roanoke = 32.75 Years (393 Months)
- Virginia Beach = 11.17 Years (134 Months)
.25 Worse Interest Rate While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .25 worse/higher mortgage interest rate.
Net Worth at 40 Years
- Alexandria = $5.16M
- Chesapeake = $20.57M
- Hampton = $18.23M
- Newport News = $14.77M
- Norfolk = $16.61M
- Portsmouth = $16.28M
- Richmond = $20.00M
- Roanoke = $8.23M
- Virginia Beach = $32.38M
Month First Achieved Financial Independence
- Alexandria = 70.67 Years (848 Months)
- Chesapeake = 21.42 Years (257 Months)
- Hampton = 15.67 Years (188 Months)
- Newport News = 20.92 Years (251 Months)
- Norfolk = 19.75 Years (237 Months)
- Portsmouth = 17.33 Years (208 Months)
- Richmond = 18.75 Years (225 Months)
- Roanoke = 33.75 Years (405 Months)
- Virginia Beach = 11.75 Years (141 Months)
5% Property Price Discount While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties at a 5% discount.
Net Worth at 40 Years
- Alexandria = $6.72M
- Chesapeake = $24.89M
- Hampton = $19.70M
- Newport News = $18.49M
- Norfolk = $21.01M
- Portsmouth = $18.04M
- Richmond = $24.19M
- Roanoke = $10.35M
- Virginia Beach = $33.95M
Month First Achieved Financial Independence
- Alexandria = 65.25 Years (783 Months)
- Chesapeake = 16.25 Years (195 Months)
- Hampton = 12.75 Years (153 Months)
- Newport News = 15.58 Years (187 Months)
- Norfolk = 13.33 Years (160 Months)
- Portsmouth = 14.58 Years (175 Months)
- Richmond = 13.75 Years (165 Months)
- Roanoke = 29.92 Years (359 Months)
- Virginia Beach = 10.75 Years (129 Months)
Nomad™ and Sell SOME Rentals to Payoff Others if FI
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except sell some rental properties if by doing so you can payoff the others and achieve financial independence primarily from free and clear cash flow.
Net Worth at 40 Years
- Alexandria = $5.43M
- Chesapeake = $16.59M
- Hampton = $16.05M
- Newport News = $10.85M
- Norfolk = $14.52M
- Portsmouth = $13.78M
- Richmond = $17.95M
- Roanoke = $6.82M
- Virginia Beach = $33.21M
Month First Achieved Financial Independence
- Alexandria = 62.58 Years (751 Months)
- Chesapeake = 18.67 Years (224 Months)
- Hampton = 14.00 Years (168 Months)
- Newport News = 17.42 Years (209 Months)
- Norfolk = 16.75 Years (201 Months)
- Portsmouth = 14.33 Years (172 Months)
- Richmond = 16.67 Years (200 Months)
- Roanoke = 26.75 Years (321 Months)
- Virginia Beach = 11.42 Years (137 Months)
10% Lower Rents While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are only able to get 10% lower rents.
Net Worth at 40 Years
- Alexandria = $4.20M
- Chesapeake = $14.84M
- Hampton = $14.16M
- Newport News = $11.28M
- Norfolk = $11.57M
- Portsmouth = $12.82M
- Richmond = $15.15M
- Roanoke = $7.10M
- Virginia Beach = $27.44M
Month First Achieved Financial Independence
- Alexandria = 80.67 Years (968 Months)
- Chesapeake = 29.08 Years (349 Months)
- Hampton = 20.75 Years (249 Months)
- Newport News = 28.00 Years (336 Months)
- Norfolk = 26.75 Years (321 Months)
- Portsmouth = 23.75 Years (285 Months)
- Richmond = 25.75 Years (309 Months)
- Roanoke = 39.25 Years (471 Months)
- Virginia Beach = 14.75 Years (177 Months)
No Real Estate, Invest in Stocks
Save up and invest in stocks while you remain a renter the entire time. Do not buy any real estate... owner-occupant or investment.
Net Worth at 40 Years
- Alexandria = $4.35M
- Chesapeake = $4.02M
- Hampton = $3.90M
- Newport News = $3.91M
- Norfolk = $3.93M
- Portsmouth = $3.89M
- Richmond = $3.98M
- Roanoke = $3.89M
- Virginia Beach = $4.03M
Month First Achieved Financial Independence
- Alexandria = 66.50 Years (798 Months)
- Chesapeake = 51.75 Years (621 Months)
- Hampton = 44.92 Years (539 Months)
- Newport News = 44.83 Years (538 Months)
- Norfolk = 44.75 Years (537 Months)
- Portsmouth = 44.92 Years (539 Months)
- Richmond = 48.50 Years (582 Months)
- Roanoke = 45.00 Years (540 Months)
- Virginia Beach = 51.75 Years (621 Months)
.5 Better Interest Rate While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .5 better/lower mortgage interest rate.
Net Worth at 40 Years
- Alexandria = $6.37M
- Chesapeake = $24.28M
- Hampton = $19.71M
- Newport News = $17.70M
- Norfolk = $20.45M
- Portsmouth = $17.98M
- Richmond = $24.16M
- Roanoke = $9.99M
- Virginia Beach = $33.75M
Month First Achieved Financial Independence
- Alexandria = 65.67 Years (788 Months)
- Chesapeake = 16.75 Years (201 Months)
- Hampton = 13.08 Years (157 Months)
- Newport News = 16.75 Years (201 Months)
- Norfolk = 14.25 Years (171 Months)
- Portsmouth = 14.75 Years (177 Months)
- Richmond = 14.00 Years (168 Months)
- Roanoke = 31.58 Years (379 Months)
- Virginia Beach = 10.75 Years (129 Months)
Pay off mortgages early when Nomading™ with any excess cash.
Do the traditional Nomad™ strategy except you pay off the lowest balance mortgage early with any excess cash.
Net Worth at 40 Years
- Alexandria = $5.28M
- Chesapeake = $6.54M
- Hampton = $5.28M
- Newport News = $5.10M
- Norfolk = $5.26M
- Portsmouth = $5.16M
- Richmond = $6.01M
- Roanoke = $4.62M
- Virginia Beach = $7.29M
Month First Achieved Financial Independence
- Alexandria = 57.00 Years (684 Months)
- Chesapeake = 33.25 Years (399 Months)
- Hampton = 30.17 Years (362 Months)
- Newport News = 30.83 Years (370 Months)
- Norfolk = 29.42 Years (353 Months)
- Portsmouth = 31.17 Years (374 Months)
- Richmond = 31.00 Years (372 Months)
- Roanoke = 35.50 Years (426 Months)
- Virginia Beach = 29.67 Years (356 Months)
25% Down Payment Non-Owner-Occupant as Renter
Buy up to 10 non-owner-occupant properties with 25% down payments, but never buy an owner-occupant property. Remain a renter instead.
Net Worth at 40 Years
- Alexandria = $4.96M
- Chesapeake = $15.21M
- Hampton = $13.21M
- Newport News = $12.22M
- Norfolk = $13.36M
- Portsmouth = $12.29M
- Richmond = $14.18M
- Roanoke = $8.24M
- Virginia Beach = $18.01M
Month First Achieved Financial Independence
- Alexandria = 73.75 Years (885 Months)
- Chesapeake = 23.75 Years (285 Months)
- Hampton = 17.67 Years (212 Months)
- Newport News = 20.75 Years (249 Months)
- Norfolk = 19.25 Years (231 Months)
- Portsmouth = 18.67 Years (224 Months)
- Richmond = 19.83 Years (238 Months)
- Roanoke = 33.75 Years (405 Months)
- Virginia Beach = 16.67 Years (200 Months)
20% Down Payment Non-Owner-Occupant as Renter
Buy up to 10 non-owner-occupant properties with 20% down payments, but never buy an owner-occupant property. Remain a renter instead.
Net Worth at 40 Years
- Alexandria = $4.87M
- Chesapeake = $16.09M
- Hampton = $14.42M
- Newport News = $12.86M
- Norfolk = $14.74M
- Portsmouth = $13.02M
- Richmond = $16.26M
- Roanoke = $8.41M
- Virginia Beach = $4.03M
Month First Achieved Financial Independence
- Alexandria = 76.00 Years (912 Months)
- Chesapeake = 23.58 Years (283 Months)
- Hampton = 17.75 Years (213 Months)
- Newport News = 21.42 Years (257 Months)
- Norfolk = 18.75 Years (225 Months)
- Portsmouth = 18.75 Years (225 Months)
- Richmond = 19.75 Years (237 Months)
- Roanoke = 34.17 Years (410 Months)
- Virginia Beach = 51.75 Years (621 Months)
Pay off mortgages in full early when Nomading™.
Do the traditional Nomad™ strategy except you pay off the lowest balance mortgage early but only when you can pay off the entire balance in full.
Net Worth at 40 Years
- Alexandria = $5.46M
- Chesapeake = $20.53M
- Hampton = $18.51M
- Newport News = $14.91M
- Norfolk = $17.41M
- Portsmouth = $16.40M
- Richmond = $20.95M
- Roanoke = $8.13M
- Virginia Beach = $33.44M
Month First Achieved Financial Independence
- Alexandria = 66.75 Years (801 Months)
- Chesapeake = 18.08 Years (217 Months)
- Hampton = 13.58 Years (163 Months)
- Newport News = 17.75 Years (213 Months)
- Norfolk = 15.75 Years (189 Months)
- Portsmouth = 14.08 Years (169 Months)
- Richmond = 16.00 Years (192 Months)
- Roanoke = 27.75 Years (333 Months)
- Virginia Beach = 11.58 Years (139 Months)
More Model Comparisons for Virginia
The following are the various scenarios we ran summarized with Virginia cities highlighted.
- Is it better to put 20% down or 25% down when buying rentals? - First, we buy an owner-occupant property with 5% down then we start buying rental properties. Should we put 20% down for buying the rentals or 25% down. See how putting 20% down or 25% down does as we model it across the US in over 300 cities.
- Is it better to put 20% down or 25% down when buying rentals when you don't buy an owner-occupant property first? - We start buying rental properties immediately... even before we buy an owner-occupant property. Should we put 20% down for buying the rentals or 25% down. See how putting 20% down or 25% down does as we model it across the US in over 300 cities.
- Is it better to put 20% down and buy rental properties or Nomad™ with 5% down to acquire 10 rentals? - Will you be able to be financially independent faster and with less risk if you buy just an owner-occupant property with 5% down then buy up to 9 more rentals by saving up 20% down payment for each one, or is it better to acquire 10 properties by putting 5% down for each one using the Nomad™ strategy.
- When Nomading™ should you consider selling ALL your rentals if it means you'd be able to invest in stocks, bonds or something else and live off these investments using a Safe Withdrawal Rate instead of the cash flow from rentals? - You could acquire a portfolio of rentals utilizing the Nomad™ real estate investing strategy and wait for the cash flow to be great enough for you to be able to achieve financial independence from the cash flow. But, what about the equity in your properties? Would it be better for you to sell off all the rentals and take the net proceeds after all the expenses and invest that in something else. Then, live off these other investments using a Safe Withdrawal Rate?
- Is it better to put 25% down and buy rental properties or Nomad™ with 5% down to acquire 10 rentals? - Will you be able to be financially independent faster and with less risk if you buy just an owner-occupant property with 5% down then buy up to 9 more rentals by saving up 25% down payment for each one, or is it better to acquire 10 properties by putting 5% down for each one using the Nomad™ strategy. 25% down has a slighter better interest rate than 20% down.
- Is it better to buy 20% down rentals or invest in stocks? - See how buying 20% down rentals does compared to buying no real estate and only investing in stocks as we model it across the US in over 300 cities.
- Is it better to buy 25% down rentals or invest in stocks? - See how buying 25% down rentals does compared to buying no real estate and only investing in stocks as we model it across the US in over 300 cities.
- Is it better to use the Nomad™ strategy to acquire rental properties or invest in stocks? - See how buying properties as an owner-occupant with 5% down then converting them to rentals after living there for at least a year does compared to buying no real estate and only investing in stocks as we model it across the US in over 300 cities.
- Is it better to use the Nomad™ strategy to acquire rental properties or buy a single owner-occupant with 5% down then buy up to 9 rentals all cash? - See how buying properties as an owner-occupant with 5% down then converting them to rentals after living there for at least a year does compared to buying just one owner-occupant with 5% down then buying up to 9 rentals all cash as we model it across the US in over 300 cities.
- Is it better to use the Nomad™ strategy to acquire rental properties or buy up to 10 rentals all cash? - See how buying properties as an owner-occupant with 5% down then converting them to rentals after living there for at least a year does compared to buying up to 10 rentals all cash as we model it across the US in over 300 cities.
- Is it better to buy rentals with 20% down or all cash after buying a single owner-occupant property with 5% down first? - See how buying rental properties with 20% down compares to buying rentals for all cash after, in both cases, buying a single owner-occupant property with 5% down first as we model it across the US in over 300 cities.
- Is it better to buy rentals with 25% down or all cash after buying a single owner-occupant property with 5% down first? - See how buying rental properties with 25% down compares to buying rentals for all cash after, in both cases, buying a single owner-occupant property with 5% down first as we model it across the US in over 300 cities.
- Is it better to pay off rentals when Nomading™ early with extra cash flow or only pay them off in full? - When you're Nomading™, should you pay off mortgages early? Specifically, is it better to take any excess cash and pay off rentals early with any excess cash you have or wait until you've saved up enough where you pay off the mortgage in full and keep the excess money in the stock market while you're waiting. See which is better as we model it across the US in over 300 cities.
- Is it better to pay off rentals early with extra cash flow or traditional Nomad™? - Is it better to pay off mortgages early? Should you do traditional Nomad™ or pay off your Nomad™ properties early with extra flow? See which is better as we model it across the US in over 300 cities.
- Is it better to pay off rentals in full early or traditional Nomad™? - Is it better to pay off mortgages early? Should you do traditional Nomad™ or pay off your Nomad™ properties in full early? You keep your money invested in the stock market until you have enough to pay off the lowest balance mortgage. See which is better as we model it across the US in over 300 cities.
- Is it better to pay off your owner-occupant mortgage when Nomading™? - Is it better to pay off your owner-occupant mortgage when Nomading™ if that means you're financially independent? Or, should you just do traditional Nomad™ without paying off your owner-occupant property early? See which is better as we model it across the US in over 300 cities.
- Is it better to buy an owner-occupant property for 5% down when otherwise buying 20% down payment rentals or keep renting instead? - When you're buying 20% down payment rentals, should you first buy an owner-occupant property for 5% down? Or, should you remain a renter yourself? See which is better as we model it across the US in over 300 cities.
- Is it better to buy an owner-occupant property for 5% down when otherwise buying 25% down payment rentals or keep renting instead? - When you're buying 25% down payment rentals, should you first buy an owner-occupant property for 5% down? Or, should you remain a renter yourself? See which is better as we model it across the US in over 300 cities.
- Is it better to buy a single owner-occupant with 5% down then buy up to 9 rentals all cash or with 20% down payments? - First, buy an owner-occupant property with 5% down and PMI. Then, let's see if it is better to put 20% down to acquire up to 9 more rentals or to save up to buy all properties all cash without any loan. Explore this comparison as we model it across the US in over 300 cities.
- Is it better to buy a single owner-occupant with 5% down then buy up to 9 rentals all cash or with 25% down payments? - First, buy an owner-occupant property with 5% down and PMI. Then, let's see if it is better to put 25% down to acquire up to 9 more rentals or to save up to buy all properties all cash without any loan. Explore this comparison as we model it across the US in over 300 cities.
- Is it better for Nomads™ to get a 5% discount when buying or get 5% better rents? - As a Nomad™, is it better to focus on finding a property you can buy at a 5% discount? Or, is it better to focus on finding a property where you can get 5% better rents? Explore this comparison as we model it across the US in over 300 cities.
- Is it better for Nomads™ to get a 10% discount when buying or get 10% better rents? - As a Nomad™, is it better to focus on finding a property you can buy at a 10% discount? Or, is it better to focus on finding a property where you can get 10% better rents? Explore this comparison as we model it across the US in over 300 cities.
- For Nomads™ how much better is it to be able to buy at a 5% discount? - As a Nomad™, how much better is it to focus on finding a property you can buy at a 5% discount? Explore this comparison as we model it across the US in over 300 cities.
- For Nomads™ how much better is it to be able to buy at a 10% discount? - As a Nomad™, how much better is it to focus on finding a property you can buy at a 10% discount? Explore this comparison as we model it across the US in over 300 cities.
- For Nomads™ how much better is it to be able to buy a property that gets 5% better rents? - As a Nomad™, how much better is it to focus on finding a property you can buy with 5% better rent? Explore this comparison as we model it across the US in over 300 cities.
- For Nomads™ how much better is it to be able to buy a property that gets 10% better rents? - As a Nomad™, how much better is it to focus on finding a property you can buy with 10% better rent? Explore this comparison as we model it across the US in over 300 cities.
- For Nomads™ is it better to buy at a 5% discount or get .25% lower mortgage interest rate? - As a Nomad™, should you focus on buying properties for a 5% discount? Or, is it better to focus on being able to negotiate getting a .25% lower mortgage interest rate? Explore this comparison as we model it across the US in over 300 cities.
- For Nomads™ is it better to buy at a 10% discount or get .5% lower mortgage interest rate? - As a Nomad™, should you focus on buying properties for a 10% discount? Or, is it better to focus on being able to negotiate getting a .5% lower mortgage interest rate? Explore this comparison as we model it across the US in over 300 cities.
- For Nomads™ what difference would it make to earn 10% less income? - As a Nomad™ what is the impact of earning 10% less income? Explore this comparison as we model it across the US in over 300 cities.
- For Nomads™ what difference would it make to earn 10% more income? - As a Nomad™ what is the impact of earning 10% more income? Explore this comparison as we model it across the US in over 300 cities.
Specific Strategy Summaries for Virginia Cities
The following are the various scenarios we ran summarized with Virginia cities highlighted.
Check out how these reports summarizing how a particular strategy performed across all states:
- 5% Lower Rents While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are only able to get 5% lower rents.
- 5% Higher Rents While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are able to get 5% higher rents.
- 10% Property Price Premium While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except forced to buy properties at a 10% premium.
- .5 Worse Interest Rate While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .5 worse/higher mortgage interest rate.
- Nomad to Short-Term Rentals with 75% Higher Rents - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 75% higher rents but with doubled maintenance expenses as well.
- 10% Property Price Discount While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties at a 10% discount.
- 5% Property Price Premium While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except forced to buy properties at a 5% premium.
- Nomad to Short-Term Rentals with 50% Higher Rents - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 50% higher rents but with doubled maintenance expenses as well.
- 10% Less Job Income While Nomading™ - Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy but model it with the investor earning 10% less income than in the Baseline Nomad™ Scenario.
- Nomad to Short-Term Rentals with 25% Higher Rents - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 25% higher rents but with doubled maintenance expenses as well.
- 10% Higher Rents While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are able to get 10% higher rents.
- Nomad™ Start with $0 - Do the traditional Nomad™ strategy except you start with $0 saved up.
- .25 Better Interest Rate While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .25 better/lower mortgage interest rate.
- 10% More Job Income While Nomading™ - Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy but model it with the investor earning 10% more income than in the Baseline Nomad™ Scenario.
- 25% Down Payment Non-Owner-Occupant - Buy 1 owner-occupant property with 5% down then up to 9 non-owner-occupant properties with 25% down payments.
- Nomad™ and Sell ALL Rentals if SWR Achieves FI - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except sell all the rental properties if by doing so you can invest the proceeds and achieve financial independence utilizing a Safe Withdrawal Rate of the money you have invested.
- Baseline Nomad™ Scenario - Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy.
- 10% Property Manager While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except hire a professional property manager costing 10% of gross rents.
- Buy Non-Owner-Occupant All Cash As Renter - Save up and buy up to 10 non-owner-occupant properties all cash (without any mortgage) while you remain a renter the entire time.
- 3% Property Price Discount While Nomading™ as Real Estate Agent - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except as a real estate agent you take your 3% commission as a discount off the purchase price.
- Nomad™ and Payoff OO if Achieves FI - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except payoff your owner-occupant property if by doing so that means you achieve financial independence.
- 20% Down Payment Non-Owner-Occupant - Buy 1 owner-occupant property with 5% down then up to 9 non-owner-occupant properties with 20% down payments.
- Buy Non-Owner-Occupant All Cash - Buy 1 owner-occupant property with 5% down then save up and buy up to 9 non-owner-occupant properties all cash (without any mortgage).
- 3% Commission While Nomading™ as Real Estate Agent - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except as a real estate agent you earn a 3% commission with each property you purchase.
- .25 Worse Interest Rate While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .25 worse/higher mortgage interest rate.
- 5% Property Price Discount While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties at a 5% discount.
- Nomad™ and Sell SOME Rentals to Payoff Others if FI - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except sell some rental properties if by doing so you can payoff the others and achieve financial independence primarily from free and clear cash flow.
- 10% Lower Rents While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are only able to get 10% lower rents.
- No Real Estate, Invest in Stocks - Save up and invest in stocks while you remain a renter the entire time. Do not buy any real estate... owner-occupant or investment.
- .5 Better Interest Rate While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .5 better/lower mortgage interest rate.
- Pay off mortgages early when Nomading™ with any excess cash. - Do the traditional Nomad™ strategy except you pay off the lowest balance mortgage early with any excess cash.
- 25% Down Payment Non-Owner-Occupant as Renter - Buy up to 10 non-owner-occupant properties with 25% down payments, but never buy an owner-occupant property. Remain a renter instead.
- 20% Down Payment Non-Owner-Occupant as Renter - Buy up to 10 non-owner-occupant properties with 20% down payments, but never buy an owner-occupant property. Remain a renter instead.
- Pay off mortgages in full early when Nomading™. - Do the traditional Nomad™ strategy except you pay off the lowest balance mortgage early but only when you can pay off the entire balance in full.
Detailed Virginia City-Specific Modeling
Check out the detailed modeling for these Virginia cities.
AlexandriaChesapeake
Hampton
Newport News
Norfolk
Portsmouth
Richmond
Roanoke
Virginia Beach