Description

A deep dive into the strategy of buying rental properties utilizing the Nomad™ real estate investing strategy in Richardson, Texas.

Includes a qualitative class discussing what the Nomad™ strategy is and how to do it plus quantitative, numbers-based discussions showing how the strategy performs toward a goal of achieving financial independence.

Check out our Nomad™ modeling (and other real estate investing strategies) for Richardson, Texas:
https://RealEstateFinancialPlanner.com/model/TX/Richardson/

Topics discussed include:

• Money, credit and skills required
• The style of this strategy (investor/entrepreneurial)
• The stability and scalability of this strategy
• What is your risk exposure and profit speed doing this strategy
• Finding and analyzing deals including any direct marketing suggestions
• The best real estate market conditions for this strategy
• How accessible and available are properties for this strategy
• Whether you can do this strategy with a retirement account
• We discuss both long-term tenants and short-term tenants (like vacation rentals).

This was a live class recorded to give investors a solid overview of the Nomad™ real estate investing strategy including traditional Nomad™, Fixer Upper Nomad™, Nomad™ by Proxy, Nomad™ to Short-Term Rental, Nomad™ with House Hacking, Nomad™ with Lease-Option Exit and The Ultimate Real Estate Agent Retirement Plan.

Watch the video version of this class and download the handouts from the live in-person version:

https://RealEstateFinancialPlanner.com/nomad-real-estate-investing-strategy/

Additional Resources

• How to Acquire a Multi-Million Dollar Real Estate Portfolio Starting with Just $3,000 - A series of classes and book James wrote about using the Nomad™ with Lease-Option strategy to do Nomad™ with very limited down payments.
• Return Quadrants - Learn about James Orr's Return Quadrants for better understanding of how real estate investments make money and how much.
• The Ultimate Financial Independence Retire Early Budget - A class and downloadable spreadsheet for creating your own Ultimate FIRE Budget.
• Real Estate Financial Modeling for 300 Cities - See how buy and hold might perform for properties in your local real estate market and see our modeling for implementing a variety of real estate investing strategies using city-specific numbers for over 300 cities.

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Richardson real estate investor podcast? Book a free consultation to discuss.