The following is the presentation I gave on Thursday, October 13, 2016 in Fort Collins, CO on the Young Professional Nomad model. I was scheduled to teach this class live again on October 17, 2017 but due to a personal conflict that evening, I ended up just giving everyone temporary access to the recording instead of teaching the class live again.
The following is a recording I did on Young Professional Nomad on June 27, 2015.
There are five types of Nomads, but we will be focusing on explaining the Young Professional Nomad here.
Young Professional Nomads
The Young Professional Nomad is typically a Nomad that is under 25 years of age, has a job with great income and is willing to move 10 times in the next 10 years if it is worthwhile to do so. They’ll then keep the 10 properties they acquired as rentals until they’re ready to retire, 40 years from when they bought their first property.
I will show you some of the financial benefits of moving 10 times in the next 10 years and keeping those properties for 40 years below. Then, Young Professionals that might consider being a Nomad can make an educated decision.
Nomad Model Assumptions
For this particular Nomad model we will be using the following assumptions. I do model Nomad using a wide range of assumptions in other classes and posts that show how the model changes based on things that could happen in the future.