"Normal wear and tear"—it's something you've probably seen in a rental lease somewhere. You may have even thrown the term around yourself once or twice.
The Nomad Team
Recent Posts
Definition of Normal Wear and Tear: What Does It Actually Mean?
Mar 17, 2021 9:30:00 AM / by The Nomad Team posted in DIY Landlord
Your Rental Property Is a Business—Treat It Like One
Mar 9, 2021 7:17:41 AM / by The Nomad Team posted in DIY Landlord
HGTV makes landlording look like an everyday vacation. It's always smiles, high-fives, overcoming challenges, and coming out on top. However, real-life home and rental property ownership are a bit different.
11 Common Mistakes We See Landlords Make All the Time
Mar 8, 2021 10:15:00 AM / by The Nomad Team posted in DIY Landlord
Intentionally (or accidentally) becoming a landlord doesn't automatically make you an overnight master of the trade. There's a lot to learn, and you're bound to make mistakes along the way.
How (and Why) to Convert Your Short-Term Rental to Long-Term
Mar 1, 2021 8:30:00 AM / by The Nomad Team posted in Rental Property
The short-term rental space has exploded in recent years. And it’s not surprising given the stories of how much some short-term rentals can earn. While short-term rentals are certainly great for some people, they are not for everyone.
22 Budget-Friendly Ways to Renovate Your Rental Property in 2021
Feb 23, 2021 8:45:00 AM / by The Nomad Team posted in DIY Landlord
DIY home renovation projects are all the rage. Thanks to good ol' Chip and Joanna Gaines, anyone and everyone who has a property, drill, runaway imagination, and HGTV on demand is renovating in fresh, inspiring ways.
We're Making the Long-Term Rental Experience Better for Everyone
Feb 16, 2021 3:51:52 PM / by The Nomad Team posted in Rental Property
Being a rental property owner or a renter doesn’t have to be painful.
Why You Desperately Need a Complete Property Protection Plan
Jan 14, 2021 6:47:00 AM / by The Nomad Team posted in Rental Property
Property protection should be non-negotiable—no landlord should risk going without it. Just like you wouldn't (or shouldn't) drive a car around without insurance, you don't want to rent out your property without the proper asset protection.
Rental Vacancy Rates: Hidden Risks & What To Do About Them
Jan 12, 2021 6:35:03 AM / by The Nomad Team posted in DIY Landlord
Like with any investment, real estate has inherent risks—and rental vacancies are one of the biggest and baddest.
Laura Purchased Her First Rental Property Across the Country
Jan 12, 2021 5:17:44 AM / by The Nomad Team posted in Testimonials
Laura always knew she wanted to get into long-term rentals, and when she was finally satisfied with her stability and savings, she decided now was the time. After looking up and down the West Coast and finding little hope with her realtor in Portland, Laura gave her ol' friend PJ a call—who just happens to be Nomad's co-founder.
How to Find the Best-of-the-Best Tenants for Your Rental Property
Jan 11, 2021 6:00:00 AM / by The Nomad Team posted in DIY Landlord
As a landlord, you face a tricky balance: you want to protect your property, but you also want to avoid lengthy vacancies.