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How Victoria Made an Extra $4,000 by Working With Nomad

Published on: Jan 8, 2021

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Victoria was moving out of town and decided she wanted to rent out her property instead of sell it. However, the unsupported DIY landlord approach didn't start out so well. Marketing the property on Zillow and Facebook was slow going, and she wasn't sure how she'd manage the property from far away. After over a month on the market, the rental property still sat vacant.

Fortunately, she found Nomad.

"Nomad came up as an ad on one of my Google searches," said Victoria. "I got very intrigued by the guaranteed rent because we were moving out of state, and the prospect of having to manage a rental without support from far away was a little intimidating."

10 days after being on the market, Nomad had found a great tenant! Nomad found tenants much faster and at a better monthly rent than expected and Victoria will earn $4,000 more rental income over 2-years than she otherwise would have! That’s $165 more per month—not bad.

Victoria used the guaranteed monthly income to cover the property's mortgage, empowering them to purchase a second home. "The Nomad team is so welcoming and easy to work with," said Victoria. "It really makes a difference compared to having to look for tenants and handle all the placement ourselves. I loved the ease of setup and communication that the Nomad team provided."

Interested in how the whole Nomad thing works? Request your guaranteed rent estimate now.

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