What is Nomad?

In its simplest form, the Nomad investing model has you buy a home as an owner occupant, move into the home and live there for a year, then buy another home and convert the first home into a rental property.

Repeat this process until your desired number of homes. We usually use 10 when we discuss plain vanilla Nomad.

It sounds so simple and it is. But, the financial results are nothing short of amazing.

  1. People behind on what they need for retirement. We call them Catch Up Nomads.
  2. People interested in passing on wealth to their kids or grand kids. We call them Legacy Nomads.
  3. Parents saving for college with young children. We call them College Nomads.
  4. People who have limited down payment and want to get started investing in real estate. We call them Little Down Nomads.
  5. Young professionals looking to build massive wealth. We call them Young Nomads.

There are several other variations of Nomad. For example, there is a very detailed book on the Nomad investing model you can read for free on how to do the entire Nomad process with very little down payment.

Nomad Process Overview

what-is-nomad

Nomad, in slightly more thoroughly explained form, is to buy a home as an owner occupant.

Then, live in that property for at least a year. Sometimes more.

After living there for at least a year, buy a new home (again as an owner occupant).

Convert the previous home to a rental property. Sometimes you offer the property as a rental; sometimes you offer it as a rent to own.

Repeat the process until you reach your financial goals.

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Read the "What is Nomad?" blog post on

https://learntoberich.com/what-is-nomad/

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Nomad Basics

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Read the "Catch Up For Retirement Nomad Overview" blog post on

https://learntoberich.com/catch-up-for-retirement-nomad-overview/

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Catch Up Nomad Nomad Basics

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Read the "Save For College Nomad Overview" blog post on

https://learntoberich.com/save-for-college-nomad/

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College Nomad Nomad Basics

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Read the "Legacy Nomad Overview" blog post on

https://learntoberich.com/legacy-nomad-overview-2/

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Legacy Nomad Nomad Basics

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Read the "Young Nomad Overview" blog post on

https://learntoberich.com/nomad-overview-for-young-professionals/

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Nomad Basics Young Nomad

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Read the "Nomad with Lease Option Exit Book" for your city:

https://LearnToBeRich.com/book/

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Nomad Basics

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Take a moment to look at the Nomad Class Schedule to see the live classes we have coming up near you.

https://learntoberich.com/schedule/

You can also get links to previously recorded classes.

Nomad Basics

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Watch the recording of the live presentation of "Get Your First Deal Done" available on:

https://learntoberich.com/get-your-first-deal-done/

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Classes Get Your First Deal Done Nomad Basics

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Read "Nomad on $10 Per Hour" blog post:

https://learntoberich.com/nomad-on-10-per-hour/

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Nomad Basics

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Watch the recording of the live presentation of "Financing Nomad 101" available on:

https://learntoberich.com/financing-nomad-101/

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Classes Financing Get Your First Deal Done Nomad Basics

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Watch the recording of the live presentation of "Buying Process Overview for Nomads" available on:

https://learntoberich.com/buying-process-overview/

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Classes Get Your First Deal Done Nomad Basics

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Watch the recording of the live presentation of "Nomad 101" available on:

https://learntoberich.com/nomad-101/

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Classes Nomad Basics

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Watch the recording of the live presentation of "How to Get Down Payment for Nomad" available on:

https://learntoberich.com/how-to-get-down-payment-for-nomad/

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Classes Down Payment Financing Nomad Basics

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Watch the recording of the live presentation of "Looking at Houses" available on:

https://learntoberich.com/looking-at-nomad-houses/

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Classes Get Your First Deal Done Nomad Basics

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Watch the recording of the live presentation of "Closing Real Estate Deals" available on:

https://learntoberich.com/closing-real-estate-deals/

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Classes Closing Get Your First Deal Done Nomad Basics

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Watch the recording of the live presentation of "Analyzing a Deal with Brian's Spreadsheet" available on:

https://learntoberich.com/how-to-analyze-a-deal-with-brians-spreadsheet/

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Analyzing Deals Cash Flow Classes Get Your First Deal Done Nomad Basics

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Watch the recording of the live presentation of "How to Acquire a Multi-Million Dollar Real Estate Portfolio with just $3,000" available on:

https://learntoberich.com/nomad-just-3000/

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Classes Get Your First Deal Done Lease Option Nomad Basics Tenant Buyers

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Watch the recording of the live presentation of "Little Down Nomad Overview" available on:

https://learntoberich.com/little-down-nomad-overview/

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Classes Little Down Nomad Nomad Basics

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Check to see if we have local Nomad Investor Club meetups near you to connect with other local Nomads, real estate agents, lenders and other dream team members:

https://LearnToBeRich.com/meetup/

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Nomad Basics

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