Smile, You've Found The Right Property Management Company
Dealing with multiple rental properties can leave you with little time in your schedule to handle anything else. Whether those rental properties are your primary source of income or you’re managing them as a side source of income, you need an efficient property management company that can help take some of the weight off of your shoulders and ensure that you offer the best possible service for your tenants–all while relieving much of the stress associated with being a landlord.
Are you looking for a property management company in Bethesda, MD? We’re here to help you accomplish many of your management goals. We can:
Our Four Steps of Rental Property Management
When we manage your Bethesda residential property, we’ll use a familiar four-step model that has helped us successfully manage many rental properties in the past, ensuring a smooth transition and keeping your property at the top of the competitive real estate rental market.
See What our Clients & Their Residents Have To Say
I am a mortgage lender and we needed a lot of help with a mutual client. This company was helpful in providing documentation from my MANY request for weeks. Connor supplied every document we requested with kindness and was never frustrated. This is a great company. They provide great service to their clients!
Nomadic Real Estate is a company that really does go above and beyond. I’m currently renting out a home in Georgetown, and having the help of Connor has been a real game changer for me. He takes care of the move-in process and gets any repairs needed at move-in taken care of quickly. Definitely recommend these guys!
Time Management Matters When You Invest in Real Estate
When it comes to property management, time is often of the essence. At Nomadic Real Estate, we understand just how valuable your time is–and how much of it can be eaten up by rental property management. We strive to keep an eye on the clock as we deal with many of the responsibilities associated with your rental properties. As soon as you purchase a new rental property, we’ll start working with you to:
Market your property as quickly and effectively as possible. The more we spread the word about your open property, the better the odds that it will rent out fast–and that means that you will be able to quickly start making money on that property. We’ll bring in our team and set the stage for your new rental as soon as possible, then get it on the market fast.
Aim to keep good tenants in your properties. When you have a constant revolving door of tenants, it can be difficult to get the funds you need out of your investment. At Nomadic Real Estate, we prioritize choosing quality tenants so that you don’t have to worry about the state of your rental property or the potential state of your finances.
Try to minimize vacancies as much as possible. If your property is vacant, it isn’t making the money you intend for it to make. From the first moment we start working with your rental properties, we aim to get the right tenant in your property as soon as possible, increasing the funds you can make from your investment and ensuring that your time isn’t wasted. We facilitate showings, market your property heavily, and help move things along faster so that you can experience the advantages of your rental property sooner.
Make sure that you get high-quality tenants. It’s not just about ensuring that you have tenants who are likely to stay in your property long-term. It’s also about finding ideal tenants, increasing the odds that they will pay their rent on time, report any problems before they grow more serious, and take good care of the property to help protect your investment.
Wondering How Much Your Home in Montgomery County, MD Will Rent For?
Get a Completely Free, Personalized Assessment!
Quick, Efficient Turnover Procedures
You can’t prevent turnover in a rental property. Sooner or later, even the best renters will likely decide to move on. That doesn’t mean, however, that you can’t make the best of it–and when you work with Nomadic Real Estate, you’ll get a team dedicated to making the turnover process as smooth as possible. We want to help you make as much money from your properties as possible, so so we:
Handle move-out inspections and repairs. When a tenant moves out, you need to quickly turn the house around and get it ready to rent out again–and Nomadic Real Estate can help. We start with a quick inspection to get the house ready to go back on the market. Then, we’ll get repairs handled as quickly and smoothly as possible. We’ll consult with you along the way to check in about your budget and what improvements you might want to make to the property, then make sure those details are taken care of quickly and efficiently.
Move tenants into the property quickly. The sooner you have new renters in your property, after all, the sooner it can start making money for you.
Conduct move-in inspections. Not only do we inspect the property when the former renters move out, we’ll take a look as the new renters move in, ensuring that we take note of any potential problems with the property–and avoid any challenges later. We’ll also take pictures of any problems or damage. We also provide personalized move-ins to help make the transition faster and more effective for the tenant, which can often help streamline the process of getting that tenant in place and paying rent.
Schedule repairs as soon as possible. Your tenants don’t want to live with potential problems in their properties, and you want to make sure your tenants have the best possible experience with your rental property. We take care of scheduling repairs as quickly as possible, not only to keep your tenants happy, but to ensure that minor issues don’t require more serious attention down the road.
Keep track of damage to the property. Sometimes, your tenants will report damage that they caused to the property accidentally. Other times, problems beyond their control, including flooding and high winds, can cause serious damage to the property. We’ll check with you to authorize any needed repairs, then ensure that they’re taken care of in a timely way–especially when it comes to repairs that could make the home legally uninhabitable, causing trouble for both you and your tenants.
Take photos of both damages and repairs along the way. We’ll keep a record of any damage to the home and any repairs that you make along the way, including photographic evidence if your tenant ever tries to claim that you did not take care of necessary repairs or that you left repairs longer than you should have.
Conduct move-out inspections when these tenants are ready to move on. As the cycle begins again, we’ll make sure you and your property are protected, including identifying any problems with the property and taking care of the renter’s damage deposit.
At Nomadic Real Estate, we prioritize keeping everything in working order at your properties and protecting your investment. As a result, we are ideally positioned to protect you legally and financially, as well as providing a record of everything that you’ve done to improve or repair the property for tax time.
Legally Protecting Our Clients
When it comes to managing real estate, one of the most stressful aspects is often keeping up with changing laws and ensuring that all of your tenants’ rights are met. At Nomadic Real Estate, we heavily prioritize keeping up with the latest changes in property laws, including federal, state, and local statutes. We know all the details of fair housing laws and ensure that your properties are in compliance, which can help prevent you from running into legal trouble later.
Since we keep track of those laws and maintain compliance for you, you won’t have to worry about potentially costly legal errors that could result in the loss of the funds you invested in real estate to build. Not only that, we keep track of all of the important records you may need to prove the efforts you’ve made on your tenants’ behalf, protecting you and your investments every step of the way.
At Nomadic Real Estate, we understand all the details that go into protecting your property. Have questions about our award-winning property management services or how to get started having us manage your residential property? Contact us today to learn more.