Fixer Upper Nomad™ Overview

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About this talk

The Nomad™ model, in its most basic form, has you buying pretty houses that you move into, live there for a year then convert to rental property. We are often doing this with minimal money out of pocket. People in the past have asked about finding fixer upper properties to move into, fix up and then convert to rentals and I had, for quite a while, suggested that putting in the extra money and time to fix up a property wasn’t the best strategy for Nomads™ since you’re often not able to get that money back out quickly. However, there are some exceptions where finding fixer uppers works amazingly well with Nomad™. In this class, I cover what fixer upper Nomad™ is, some special tips for financing fixer upper Nomad™ properties, and when I recommend using this strategy.

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