The Nomad Blog

Mastering Tenant Selection: Screening Residents Like A Pro

Aug 4, 2023 12:40:01 PM / by The Nomad Team posted in DIY Landlord

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Hello, DIY landlords! In the challenging world of managing rental properties, tenant screening is a critical task that deserves your full attention and due diligence. Not screening well enough or not screening in a fair housing compliant way is a common and costly mistake made by too many landlords. 

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21 Ways to Prepare Your House and Lawn for Winter (Checklist)

Sep 30, 2022 1:10:03 PM / by The Nomad Team posted in DIY Landlord

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Winter is coming, and your property needs preparing. When the leaves begin to fall, it's time to get your home ready for the winter months ahead—this includes both home and lawn care.

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The Landlord's Guide to the Current Real Estate Market (2022)

Jul 27, 2022 1:20:43 PM / by The Nomad Team posted in Rental Property, DIY Landlord

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The real estate market is changing.

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What Is the 2-Out-of-5-Year Primary Residence Rule?

Jul 26, 2022 7:45:54 AM / by The Nomad Team posted in DIY Landlord

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Thinking of selling your property? The Internal Revenue Service (IRS) considers your home an asset—thus, it's subject to capital gains tax. If your property appreciated in value (and it probably did), you might have to pay taxes on your gains, which could be as high as 20% for long-term capital gains.

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How to Know When You Should Find a Property Manager or DIY

Jul 19, 2022 9:47:31 AM / by The Nomad Team posted in DIY Landlord

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Being a landlord is hard work. There's no way around it. 

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11 Fair Housing Laws to Remember When Screening Tenants

Jun 28, 2022 3:20:50 PM / by The Nomad Team posted in DIY Landlord

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As a landlord, you want to find the right tenant for your property. Whether you realize it or not, you probably have a picture-perfect idea of who you want to live there.

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Pets in Rental Properties: ESAs Vs. Service Animals (2022)

May 31, 2022 10:52:01 AM / by The Nomad Team posted in DIY Landlord

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Americans love their pets. Simple as that.

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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

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"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.

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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

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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.

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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

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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.

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