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 BasicsUltimate Nomad ChecklistWeek 1

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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 BasicsOptional

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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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ASAPClassesGet Your First Deal DoneNomad BasicsUltimate Nomad ChecklistWeek 1Week 53

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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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ClassesGet Your First Deal DoneNomad BasicsUltimate Nomad ChecklistWeek 3Week 55

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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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ASAPClassesGet Your First Deal DoneNomad BasicsOptionalUltimate Nomad ChecklistWeek 2Week 54

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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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ASAPClassesFinancingFirst Meeting: FinancingGet Your First Deal DoneNomad BasicsUltimate Nomad ChecklistWeek 1Week 53

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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 DealsASAPCash FlowClassesFirst Meeting: Analyze DealsGet Your First Deal DoneNomad BasicsUltimate Nomad ChecklistWeek 4Week 56

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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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ASAPClassesDown PaymentFinancingNomad BasicsPre-Showings: Down PaymentUltimate Nomad ChecklistWeek 2

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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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ASAPClassesNomad BasicsOptionalUltimate Nomad ChecklistWeek 5Week 57

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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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ClassesClosingGet Your First Deal DoneNomad BasicsUltimate Nomad ChecklistWeek 61Week 9

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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 NomadNomad BasicsUltimate Nomad ChecklistWeek 14

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

https://LearnToBeRich.com/book/

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ASAPLease OptionNomad BasicsTenant BuyersUltimate Nomad ChecklistWeek 17

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Read the "Legacy Nomad Overview" blog post on

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

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Legacy NomadNomad BasicsUltimate Nomad ChecklistWeek 24

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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 BasicsUltimate Nomad ChecklistWeek 24Young Nomad

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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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ClassesGet Your First Deal DoneLease OptionNomad BasicsTenant BuyersUltimate Nomad ChecklistWeek 15

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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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ClassesLittle Down NomadNomad BasicsUltimate Nomad ChecklistWeek 27

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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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ASAPCollege NomadNomad BasicsUltimate Nomad ChecklistWeek 29

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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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ASAPNomad BasicsUltimate Nomad ChecklistWeek 1

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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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