Author Description

The Nomad investing model has you buy a home with little or nothing down as an owner occupant, live there for a year then buy a new home and convert the previous to a rental. Repeat this process until you reach your personal financial goals. If you're willing to do the work, there is a more active version of the Nomad investing model that will allow you to acquire 20 rental properties starting with just a single $3,000 down payment. This book walks you through the plan including all the math for appreciation, depreciation, debt paydown and cash flow for implementing this model in Windsor, Colorado. It is based on a $286,000 property with initial rent of $1,825 per month. These assumptions are discussed in detail in the book. We will be releasing other versions of this book for other cities using home and rent values for those cities as well.