The life of a traveling nurse is time-consuming, to say the least. There are places to be, people to help, and not a lot of time to learn the ins and outs of the tricky world of real estate.
That was the situation Chhaya found herself in when she decided to leave her home in Broomfield, Colorado, to venture to Alaska for a stint. Now, she just had to figure out how to get her single-family home in tip-top condition to put it up for rent.
“In today’s world, we’re seeing so many people move out of state or country for employment opportunities. Many homeowners resign to having to sell their home when they move, giving up the opportunity to participate in the fantastic appreciation potential, whether they really wanted or needed to sell,” said Matt Thelen, one of Nomad’s founders. “With Nomad, we provide the certainty that many people need to keep their homes.”
The home was in good condition, but it needed a little refreshing to attract the right tenants and earn top dollar on the rental market. But Chhaya had enough on her plate already with her demanding career.
Fortunately, she wasn't alone—she had Nomad on her side.
Nomad helped Chhaya touch up the house, re-paint the entire home, and get it ready for leasing under a super tight timeframe. After the minor renovations, we rented her place fast and netted her an extra $250/mo over what we previously estimated—helping her quickly recoup the costs of improvements while earning a nice monthly paycheck.
“We’re thrilled when we can help people like Chayya follow their dreams without having to make a suboptimal financial decision for them. Nomad’s vision is to unlock economic opportunity for everyone in the long-term rental community and this is one of the manifestations of that -- and results like this motivate each of team members every day,” remarked Matt.
Now, Chhaya's off in Alaska, fulfilling her traveling nurse aspirations while we take care of her home. Leasing tenants, handling collections, taking care of ongoing maintenance and repairs—we handle it all while Chhaya sees a payment every month from over 3,000 miles away.
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