Leasing. Management. Sales. Peace of Mind.

Since 2005, we've helped thousands of landlords achieve peace of mind throughout Washington DC, Maryland, and Northern Virginia.

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Our team will reply within 20 minutes, and we'll craft a custom plan for your rental property's success.

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LEASING

A powerful rental platform and an expert team of agents.

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PROPERTY MANAGEMENT

Preventive maintenance and ZERO markups, to minimize your expenses.

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SALES

A streamlined, stress free buying or selling experience.

Our Core Values

Client Centric Operations

Our unique business process was formed around providing industry leading quality of service to our clients. We deploy highly trained specialists to take care of you and your home every step of the way.

Same-Day Responsiveness

We believe in strong, transparent, responsive communication. We will always respond to our client’s inquiries the same business day, with thoughtful and consultative feedback. 

Transparent Communication

We provide every client with 24/7 access to an online portal providing real-time bank statements, work orders, inspection reports, and other documentation, no matter where you are in the world.

Hard Work

Our top priority is our clients’ peace of mind and we work around the clock to ensure it. We're staffed 24/7, and we pride ourselves on having the hardest working property management team in the industry. 

Our Unique Approach

The DC property management industry is tough for landlords due to complex housing laws, code compliance and regulations, and a transient tenant population.

After 15 years of fine-tuning our approach to property management, we've developed a team-based model that we believe is the best in our industry.

We combine old-fashioned hard work with the newest technology to deliver consistent results and an excellent experience for our clients. 

Stay up to speed with our recent real estate articles:

Your Complete Guide to Rehabbing a House in the Metro D.C. Area

By Nomadic Real Estate | May 24, 2023

You might have to get creative to find value in the Washington, D.C., real estate market because prices remain relatively high. One option is purchasing a home requiring significant work and rehabbing the unit before making it available to renters.  Rehabbing a house involves buying a property needing repairs with the intention of renovating it. […]

Some Facts and Myths Surrounding D.C.’s Landlord Licensing Requirements

By Nomadic Real Estate | June 7, 2023

Purchasing a rental property can be a life-changing experience that provides immediate cash flow and a significant return on your investment in future years. Landlords have some obligations to meet, though, which will take some work.  You’ll have to worry about finding and vetting tenants along with maintaining and repairing the property after buying it, […]

Your Guide to Cash Flow on a Rental Property

By Nomadic Real Estate | February 21, 2023

Purchasing a rental property and becoming a landlord is a dream for many and can be an excellent investment, but you’ll need to do your research before you begin. Determining your cash flow is one essential step because it shows you how much money you stand to make on your investment every month. Cash flow […]

Uncovering the Best Neighborhoods in DC: A Complete Guide

By Nomadic Real Estate | August 15, 2023

Have you ever wondered, “What are the best neighborhoods in DC?”. Whether it’s cobblestone charm or urban buzz that calls your name, we’ve got answers. You’re not alone if you picture a mosaic of unique neighborhoods when thinking about Washington D.C. From historic Georgetown to vibrant Dupont Circle and family-friendly Capitol Hill – every neighborhood […]

Decoding Average Rent in DC: A Guide to Rental Prices

By Nomadic Real Estate | August 9, 2023

Ever stood on the edge of a bustling city, looked up at towering apartment blocks, and wondered about the stories behind each window? What’s it like to live there? More importantly, what does it cost? Welcome to Washington DC – a city of power, history, and soaring living costs. If you’re curious about how much […]

How Much Money You’re Really Making When Selling Your Rental Property

By Nomadic Real Estate | April 25, 2023

All good things must come to an end, and there will probably come a day when you no longer wish to own a rental property. The process of selling the home is relatively straightforward, as you’ll contact a real estate broker to handle most of the work for you and wait for them to finalize […]

7 Perfectly Legal Reasons You Can Deny a Rental Application in Washington, D.C.

By Nomadic Real Estate | June 14, 2023

Selecting tenants for your rental property can be stressful, as you’ll have to go through numerous applications, narrow your search to a few qualified candidates, and contact references before finally making your decision. You might also have to show the property multiple times and keep it spotless for prospective renters wanting to view it. This […]

Capitol Hill Neighborhood DC: Charm, Culture & Cuisine

By Nomadic Real Estate | July 5, 2023

Explore the Capitol Hill Neighborhood: historic architecture, Eastern Market, iconic landmarks, U.S Botanic Garden & diverse cuisine in Washington D.C.

Adams Morgan Neighborhood: A Cultural and Real Estate Guide

By Nomadic Real Estate | July 19, 2023

Explore the vibrant Adams Morgan neighborhood – its cultural diversity, nightlife, real estate trends, and community spaces in our comprehensive guide.

Old Town Alexandria: Historic Charm and Vibrant Attractions

By Nomadic Real Estate | July 11, 2023

Discover Old Town Alexandria’s historic charm, vibrant museums, waterfront activities, and local breweries.

Find Out Why Our Clients Love Us

If this is your first time leasing your property or you’ve had a bad experience with other property managers, get in touch to schedule an initial consultation with us today. We will walk you through a personalized market analysis of your home and give you our professional recommendations of services needed. As always, our initial consults are always free, and in person. Reach out and get started today!

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Enhanced Reporting

Your portal includes a selection of extremely useful reports. Reports are available in the “Reports” section, and are distinct from the financial statements. Unlike financial statements which are static records, Reports are dynamic real-time records that will update with current data every time you view them. 

Scroll down to learn more about Reports:

Navigate to the "Reports" module in your portal:

Owner Portal Reports
  • Keep in mind, these reports are dynamic records. They will refresh to display current information every time you view them. 

Enhanced Rent Roll Report:

Enhanced Rent Roll Report
  • The Enhanced Rent Roll Report will show the rent amount, last payment date, move-in date, lease expiration date, and security deposit amount for each of your tenants. 
  • It will also show a portfolio summary with occupancy percentage, vacancy loss, and more!

Unit Comparison Report:

Unit Comparison Report
  • If you own multiple units (or buildings) with Nomadic, you’ll get access to the Unit Comparison Report. 
  • This report enables you to quickly compare financial performance between your units at a glance without toggling between individual reports. 

Income Statement Month-Over-Month:

Income Statement by Month Report
  • The Income Statement Detail – Monthly Report serves as a month-over-month record of portfolio performance. You’ll see itemized income and expense categories and can track monthly. This report will update with fresh data every time you view it. 

Financial Statements

Financial statements will be published to your portal on a monthly basis. The statements are found in your Documents library, and provide a historical record of all financial performance. The statements serve as a snapshot of financial performance over a given period, and are static documents (unlike Reports, the statements do not update/change in real-time). 

Scroll down for more info about the Financial Statements in your Documents library:

The Documents area contains monthly financial statements:

Owner Portal Documents
  • The statements in the Documents are are static documents. They are posted to the portal once a month to serve as a historical record of financial performance. 

Download a statement to see month and YTD financials:

Owner Portal Property Statement

You'll also find a month-over-month operating statement:

Month over Month Statement

Portal Communication Tool

You can use your owner portal to communicate with our team. Any messages you send through the portal will go straight to your Account Manager. When we reply, you’ll get an email notification and you’ll also see the message in your portal next time you log in. 

Here’s an overview of using the communication platform:

Click "Communications" and navigate to "Conversations":

Commincation Dashboard Screenshot
  • The communications module will contain a record of all messages that you create through the portal. 

Click the "New Message" button and send your message:

Owner Portal New Message Screenshot

Responses will show up in the conversation ticket:

Portal Conversation Response Screenshot
  • You’ll get an email notification whenever you get a response, and you’ll also see the message in your portal next time you log in. 

You can reply in-line using the comment box:

Owner Portal Comment

Each conversation will be logged in its entirety:

Portal Conversation Snapshot

Understanding the Ledger

Your portal includes a ledger with all transactions. The ledger is populated with data in real-time as transactions flow through our accounting software. Much of this information is also available in the Reports area, as well as the Statements in your Documents library, but the ledger is the most comprehensive resource for diving into the details. 

Please scroll through the sections below to get a better understanding of how to interpret the ledger. 

By default, transactions are sorted chronologically:

Owner Ledger Dates
  • The date reflected in the lefthand column is the actual transaction date, not the “bill date”. This is the date the transaction was actually processed. 

If you have multiple properties with Nomadic, you'll see the address for each transaction in the "Location" column:

Ledger Property Column
  • You can filter the ledger to look at just one property, all properties, or specific sets of properties. 
  • If you only have one property with us, you’ll just see the ledger for that property. 

The Description column displays the transaction type:

Owner Ledger Description Column
  • BILL: this is an expense transaction, such as for repair costs or management fees.
  • CHARGE: this is a transaction  billed to the tenant, most typically a rent payment. 
  • NACHA EXPORT: this is a credit we processed to your distribution account. This type of transaction is how you get paid! 

The Amount column shows the dollar value of each transaction:

Owner Ledger Amount Column
  • Positive Amounts: if an amount is positive, it reflects a transaction that is payable to you. Typically, this will be a rent payment that we collected from your tenants. On occasion, a positive number could also signify a journal entry or credit adjustment. 
  • Negative Amounts:  if an amount is negative, this is a transaction that is either payable to Nomadic or is an amount that has already been paid to you. Typically this will be for repair costs or management/leasing fees. Owner draws (net distributions into your checking/savings account) also reflect as negative amounts, since they have already been paid to you. 

The Account Balance column shows a sum of positive/negative transactions at a given point in time:

Owner Ledger Account Balance Column
  • Account Balance should always equal zero after a net distribution has been processed. When the balance is zero, this means that all expenses have been paid and you’ve received the remainder as net operating income, leaving a balance of zero (meaning: no one is due any money, as all funds have been distributed appropriately). 

Navigating the Propertyware Owner Portal

Your portal includes some extremely useful features that help you understand your property’s financial performance at a new level, with real-time transparency into every transaction.

Scroll through the snapshots below for an overview of portal navigation! If you need more help or have specific questions about using the portal, you can reach out to your Account Manager any time for a screen share. 

You can filter all info by date range or property:

PW Portal Filters

View a snapshot of income and expenses on your dashboard:

PW Owner Dashboard View

See every transaction in real-time on your ledger:

Owner Portal Ledger View

Statements and forms will be posted to your documents library:

Owner Portal Document Library

View a suite of real-time financial reports:

Portal Reports View

See a running list of all bills, and drill down for more detail:

Owner Portal Bills View

Under Bill Details, you'll find dates/descriptions/amounts and more:

Portal Bill Details

You can also communicate with your Account Manager through the portal:

Owner Portal Communication Tools

How do net distributions work?

Net distributions keep your accounting clean and simple. Each month we’ll collect rent from the tenants, deduct any repair expenses for the previous month and any management/leasing fees for the current month, and credit the remaining net operating income to your account. 

Net Distribution

You’ll receive a statement via email each time a net distribution is processed, and can view all transaction details in your Propertyware owner portal.