Nomad

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