A real estate investing advisor mentors a new industry professional

Real Estate Mentors: A Helping Hand for Beginning Investors

By Nomadic Real Estate | February 2, 2023

If you’re not working with a mentor, you could be missing out. Here’s how to find one Key Takeaways: Real estate mentors can be helpful for beginner investors Mentors can offer perspective, insider […]

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A lease agreement and a key to a new home, possibly enclosed with a new landlord letter.

How to Write the Perfect Landlord Introduction Letter

By Nomadic Real Estate | February 1, 2023

Every landlord wants to make a good first impression and start the relationship on the right foot. It begins with an intro letter Key Takeaways: Objectives for sending a landlord intro letter include […]

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A home with an overgrown yard, which is one factor to look for when figuring out how to find distressed property

7 Tips For Finding Distressed Properties for Sale in the D.C. Area

By Nomadic Real Estate | January 25, 2023

Investors searching for rental homes in the Greater D.C. region might look for distressed properties because of the value they can provide. Distressed properties are often attractive to investors because they’re undervalued, which […]

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A couple sitting on a couch during a breach of the covenant of quiet enjoyment in their rental apartment

What Landlords Should Know About the Covenant of Quiet Enjoyment

By Nomadic Real Estate | January 19, 2023

Buying a rental property is one of the best investments you can make. This house, condo, or apartment can help you reach your retirement goals if you’re able to manage it effectively, but […]

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A colorful, historic apartment community in Washington, D.C.

A D.C. Apartment Community Can Be A Great Investment: 4 Areas to Watch

By Nomadic Real Estate | January 17, 2023

These four neighborhoods in the D.C. area have great property acquisition potential Key Takeaways: Investors looking to invest in apartment communities see Washington, D.C., as a profitable opportunity Washington, D.C., is perpetually attractive […]

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A snowy neighborhood required to follow the snow removal laws D.C. has in place

A Look at the Snow Removal Laws D.C. and Other Areas Mandate

By Nomadic Real Estate | January 12, 2023

Dealing with snow is part of living in the Washington, D.C. area, and once the white stuff falls, you’ll inevitably have to remove it from your property. There are laws in place letting […]

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People reviewing illegal landlord actions before renting an apartment

8 Illegal Landlord Actions to Know Before You Rent

By Nomadic Real Estate | January 10, 2023

The laws in D.C. make it illegal for landlords to take these actions against their tenants Key Takeaways: Federal, state, and local laws exist to protect renters and landlords Many D.C. laws also […]

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New apartments in McLean, Va.

Keen Investing: Apartments in McLean, Va.

By Devin Henry | December 28, 2022

Relocating or purchasing a rental property in McLean, Va., could be a lucrative investment in the current market. The community is home to some of the nation’s hottest zip codes, with government officials, […]

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Landlord reviews good tenant qualities on a paper application and laptop with two potential renters

Good Tenant Qualities and How to Spot Them

By Nomadic Real Estate | December 21, 2022

The definitive guide on what makes a dream tenant and where to find them. Key Takeaways: Finding dependable tenants can be difficult for property managers What do landlords look for in applications? Here’s […]

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Two people hanging a light fixture to get ready to take real estate listing photos.

How to Make Your Rental Property Pop With Great Listing Photos

By Nomadic Real Estate | December 14, 2022

You don’t need expensive equipment and a college degree to take listing photos that get attention. Key Takeaways: Rental property listings don’t move without great pictures Expensive equipment and professional photographers aren’t always […]

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A couple with their dog in a pet-friendly property in D.C.

How to Find Pet-Friendly Properties for Rent in Washington, D.C.

By Nomadic Real Estate | December 8, 2022

Searching for the ideal apartment can be challenging at the best of times, but having a pet adds a new dimension to the struggle. Many landlords in the D.C. area won’t consider renting […]

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A first-time landlord handing the keys over to a young couple.

7 Handy Tips for a First-Time Landlord

By Nomadic Real Estate | December 6, 2022

Purchasing a rental property is a long-term investment that can create a significant nest egg for retirement. It’s also more hands-on than other investment types because you’ll have to actively manage the home […]

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Some apartments for sale in Washington, D.C.

Keen Investing – Apartments for Sale in Washington, D.C.

By Nomadic Real Estate | November 30, 2022

Buying a rental property in the nation’s capital could be highly lucrative in the current market. The city is growing, and new apartments in Washington, D.C., are popping up all over the place, […]

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Man holding a house model near a pile of coins while thinking about rental property passive income

Examining Whether Rental Properties Count as Passive Income

By Nomadic Real Estate | November 16, 2022

Real estate investment is prevalent because the property should appreciate over time while building equity. The result is a steady passive income source that helps you build wealth throughout your working years and […]

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Rental apartments near NIH.

How to Find Housing Near NIH in Bethesda, MD

By Nomadic Real Estate | November 9, 2022

The National Institutes of Health (NIH) in Bethesda, MD, is one of the world’s top medical research centers. Gaining employment or conducting research at NIH is a dream for many in the scientific […]

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A final eviction notice is sometimes necessary when dealing with professional renters.

The Problem with Professional Tenants and What You Can Do About Them

By Devin Henry | November 2, 2022

Purchasing an investment property is a major decision because it could set you up for retirement. This property could also become an additional preretirement income source that helps you reach your financial goals. […]

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some modern apartments in Rockville, Maryland

Keen Investing: A Look at Apartments in Rockville, Maryland

By Devin Henry | October 26, 2022

Your future could involve purchasing one of the apartments in Rockville, Maryland, currently on the market. This investment can put you on the right track toward setting yourself up for retirement or building […]

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Row of yellow, white, red, and blue townhouses with brick patio gardens in summer that depict possible rental properties.

Would Owning a Rental Home Be a Good Fit? The Self-Check List

By Devin Henry | October 19, 2022

Key takeaways: Why you should own a rental home in Washington, D.C. Six things to consider before purchasing a rental property Challenges you are likely to face while owning a rental home A […]

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a picture of money and an arrow pointing up depicting the effects of inflation

Is Real Estate a Good Investment during Inflation?

By Devin Henry | October 12, 2022

Key Takeaways: Inflation is making life more expensive Investing your money could help you avoid long-term detrimental effects You’ll want to select your investments carefully Real estate remains a solid investment Inflation is […]

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Black mold buildup in the corner of an old house

3 Mold Issues That Can Disturb Your Residential Property Revenue

By Devin Henry | October 5, 2022

This article explores mold growth and how it can affect your property revenue. Things discussed here include the following: How to prevent mold in your residential property Three ways mold can affect the […]

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A prosperous and contented couple welcomes their financial counselor into their home. They are sitting in the living room discussing property management fees.

The Anatomy of Property Management Service Fees and What To Expect

By Devin Henry | September 28, 2022

Various fees come with hiring a property manager. These fees include: Fixed management fees Maintenance fees Initial setup fees Leasing vacant property fees Overseeing vacant property fees One way to make money is […]

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Some onions for sale at the Dupont Circle Farmers Market

Everything You Should Know About the Dupont Circle Farmers Market

By Devin Henry | September 21, 2022

Key Takeaways Dupont Circle is one of Washington, DC’s most desirable neighborhoods The community’s farmers market is renowned You’ll find over 50 vendors during peak season Renting a home in Dupont Circle is […]

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A photo of the Dupont Circle Fountain in the afternoon as people enjoy reading and relaxing around it.

Keen Investing: Apartments in Dupont Circle

By Devin Henry | September 14, 2022

Key Takeaways  Investing in Dupont Circle comes with many benefits, including the following: A welcoming community for people of diverse sexuality and gender identities International flair  An active art scene  Access to the […]

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Security Cameras on Residential Rental Properties

A Guide on Security Cameras & Surveillance on Residential Rental Properties

By Devin Henry | July 19, 2022

Did you know that security cameras can boost residential safety by 300%? Because this figure is so high, it’s important that you invest in rental surveillance equipment ASAP. Here, we’re going to discuss […]

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fairfax county first time home buyer

All About Fairfax County’s First-Time Home Buyer Program

By Devin Henry | March 26, 2022

If you’re a first time home buyer with low to moderate income, you’ll want to know all about the Fairfax County Home Buyer’s programs.

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va loan first time homebuyers

All About the VA Loan for First Time Homebuyers in DC

By Devin Henry | January 12, 2022

First-time homebuyers made up 31% of those making home purchases in 2020. In a hot housing market, that means many US citizens were making the American dream come true.  Buying a home is not […]

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A chicken sandwich plate sits on an outdoor table overlooking the nation’s capital, just one of many options for brunch in D.C.

5 Brunch Spots in D.C. You Won’t Be Able to Wait Until Sunday to Visit

By Devin Henry | August 17, 2021

Washington, D.C., has been our nation’s capital since 1790 and, as such, has hosted a lot of important people and developed an eclectic array of eateries to please every palate. The wealth of […]

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A chef prepares a gourmet meal at one of the many excellent Hyattsville restaurants.

8 Awesome Hyattsville Restaurants to Try

By Devin Henry | July 8, 2021

Hyattsville is a small city with about 17,000 residents that’s within commuting distance of Washington, D.C., and Baltimore. Working a long day in the city can be exhausting, and Hyattsville residents often treat […]

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White notebook paper with black ink pen and words occupancy certificate (OC) in bold typeface, signifying a certificate of occupancy in D.C.

What You Need to Know About Certificates of Occupancy in D.C. Before You Invest

By Devin Henry | June 9, 2021

Buying and selling real estate involves a lot of red tape and a profusion of documents to complete. Your real estate professional will make sure you get everything accomplished for a successful merger, […]

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A neighborhood of multiunit residential properties in the D.C. area, where the housing market forecast shows a seller’s market.

The Inside Scoop on D.C. Metro’s 2021 Housing Market Trends

By Devin Henry | June 2, 2021

Washington, D.C., like the rest of the country, is entering a transitional period in 2021, and many hope that will extend to the housing market. Demand could start to outpace supply in the […]

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A woman’s hands are writing a tenant welcome letter before new renters move into her home.

Your Guide to Creating the Perfect Tenant Welcome Letter

By Devin Henry | May 27, 2021

Moving new tenants into your rental property can take a lot of work, as there are various steps you must consider before finalizing the agreement. You’ll start by identifying potential tenants and determining […]

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bartender pouring pint of beer at one of the best bars in McLean, VA

The 7 Best Bars in McLean, VA

By Devin Henry | May 4, 2021

Living in McLean or anywhere else in Northern Virginia puts you minutes from the action of D.C. while allowing you to spend much of your time in a community with less tourist traffic. […]

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People dining on the patio of a downtown Washington, D.C., restaurant on a nice day.

Where to Eat in Washington, D.C. — 10 Great Places to Check Out

By Devin Henry | April 28, 2021

Washington, D.C., is renowned not only for its many historical landmarks but also for its restaurants. Dining in the nation’s capital can be quite the experience, with an array of domestic and international […]

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landlord sitting at a desk checking a smartphone with Venmo for a rent payment and writing down the results

The Pros and Cons of Allowing Tenants to Use Venmo For Rent

By Devin Henry | April 21, 2021

Modern landlords have to keep an open mind, because tenants have ever-changing needs. Renters in the past would make monthly payments via check or cash, but the availability of online processing systems is […]

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A hand holds an envelope with an overdue notice with keys, which probably incurred a late fee for rent.

Charging Late Fees for Rent: What Landlords Need to Know

By Devin Henry | April 15, 2021

Property owners know that sometimes a tenant is late with their monthly rent payment. Some of us may have been guilty of a late payment or two as a current or former tenant, […]

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Apartment for rent sign in the front yard of a residential building, illustrating the occasional need for landlord rental concessions.

A Landlord’s Guide to Granting Rental Concessions

By Devin Henry | April 7, 2021

Finding tenants to move into a property isn’t always easy, as there could be lulls depending on location, the time of year, or the rental price. Some landlords will provide incentives to possible […]

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view of bartholdi fountain, overlooking U.S. botanic garden for things to do with kids in washington d.c.

8 Fun Activities to Do With Kids in Washington, D.C.

By Devin Henry | March 26, 2021

Are you visiting Washington, D.C. for the first time or planning to make it your permanent home? Do you have kids? Any parent knows how important it is to keep their kids occupied […]

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Absentee landlord protects a property

5 Tips for Winning the Absentee Landlord Game

By Devin Henry | March 23, 2021

Owning residential real estate places a particular set of responsibilities onto a property owner, from determining the right rent price to managing multifamily homes. The fact that absentee landlords don’t live on their […]

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red pin on a map of northeastern United States pointed at moving to D.C

What to Know if You’re Moving to D.C.

By Devin Henry | March 16, 2021

Washington, D.C. is at the heart of the nation’s political scene. It’s also a diverse, urban area that manages to combine the feel of a small town with the arts, culture, and activity […]

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The U.S. Capitol Building, one of the most famous landmarks in Washington, D.C.

Visiting Washington, D.C.? Here Are Some of the Many Must-See Landmarks

By Devin Henry | March 9, 2021

Washington, D.C., is not only our nation’s capital, it’s also a place that has made a lot of history over the years.  Residents and visitors alike can’t travel more than a few minutes […]

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model house sitting on a calculator indicating rental property deduction checklist

Your Guide to Rental Property Deductions

By Devin Henry | March 2, 2021

Maintaining a rental property requires you to coordinate many different responsibilities, from maintenance and tenant management to paying property taxes. It also requires accurate record-keeping so that you can properly report all income […]

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happy hours in bethesda md closeup bar shot people toasting

The 8 Best Happy Hours in Bethesda, MD

By Devin Henry | February 24, 2021

There’s nothing like a festive happy hour to brighten your mood after a long day. It’s nice to unwind after a day at the office with a few drinks and maybe a bite […]

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landlord thermostat being controlled by a smart phone

The Pros and Cons of Using a Landlord Thermostat

By Devin Henry | February 16, 2021

Upgraded technology, like a landlord thermostat, can help a landlord efficiently manage their rental properties. A landlord thermostat may assist in creating a more environmentally friendly unit that can keep up with rising […]

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young couple looking at new appliances for rental property

Why You Should Only Buy the Best Appliances for Rental Properties

By Devin Henry | February 12, 2021

It is not unusual for property owners to install new appliances or update their current ones from time-to-time. Adding new appliances for rental property, such as a dishwasher or washer and dryer, can […]

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Shot of a senior couple in a Great Falls hiking spots together out in the mountains

5 Best Great Falls Hiking Spots

By Devin Henry | October 7, 2020

Fall is here, and the crisp temperatures and mild afternoons make this the perfect time to get outside and go hiking in Great Falls, Virginia. A trek on one of the area’s many […]

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What is Rental Property Depreciation?

What Is Rental Property Depreciation?

By Devin Henry | September 1, 2020

Rental property depreciation is critical in helping a property owner maintain profitability from a depreciating house. Learn more about that here.

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Caring For Hardwood Floors in a Rental Property

Caring For Hardwood Floors in a Rental Property

By Devin Henry | August 31, 2020

With the right planning and maintenance, you can protect your rental property’s hardwood floors from damage. Learn more about maintaining your hardwood floors.

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Smart Investment: Residential Real Estate vs Stocks

Smart Investing: Residential Real Estate vs Stocks

By Devin Henry | July 26, 2020

Two of the highly popular investment options are residential real estate and stocks. Choose which one works better for your unique needs and goals.

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6 Ways to Find Investment Properties

6 Easy Ways to Find and Choose Investment Properties

By Devin Henry | July 21, 2020

Whether you’re looking for your first rental property or fifth, you’re always looking for a good deal. Here are six ways to find good investment properties.

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Maintaining Good Air Quality in a Rental Property

Maintaining Good Air Quality in a Rental Property

By Devin Henry | July 10, 2020

There are many reasons why a tenant ranks air quality as essential in a rental property, from health issues to common allergies. Here are a few ways to maintain good air quality.

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How The Housing Choice Voucher Program Works In Washington, DC

How the Housing Choice Voucher Program Works in Washington, DC

By Devin Henry | June 30, 2020

How does the Housing Choice Voucher Program work in Washington D.C.? Learn more about the laws in place and how it can effect your property management.

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Tenant Screening Laws in Washington, DC

Tenant Screening Laws in Washington, D.C.

By Devin Henry | June 29, 2020

To screen tenants, DC landlords must follow a series of tenant screening laws that help protect tenants’ privacy and their right to rent a quality home.

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DC Eviction Laws: What Do You Need to Know?

7 Important D.C. Eviction Laws

By Devin Henry | June 16, 2020

Both tenants and landlords need to be familiar with eviction laws in Washington, DC. Here’s what you need to know.

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Security Deposit Laws in Washington, DC

6 Security Deposit Laws in Washington, D.C.

By Devin Henry | June 10, 2020

In order to ensure fairness to both tenants and landlords, Washington, DC has several specific laws that govern security deposits, how they work, and their eventual return.

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Fair Housing Laws In Washington, D.C. Are The Strongest In The Nation

Why the Fair Housing Laws in Washington, D.C. Are the Strongest in the Nation

By Devin Henry | June 4, 2020

Washington, D.C. residents enjoy some of the strongest tenant protections in the country. Learn more about the fair housing laws in Washington D.C.

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Writing A Friendly Rent Increase Letter

6 Things to Know Writing a Friendly Rent Increase Letter

By Devin Henry | May 29, 2020

One of the most difficult tasks for a landlord is notifying them that their rent is going to increase. Here is how to write a friendly rent increase letter.

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What Landlords Need to Know About Renting to College Students

6 Things Landlords Need to Know About Renting to College Students

By Devin Henry | May 28, 2020

Renting to college students offers a number of opportunities to you as a potential landlord. What do you really need to know about college students and their rental habits? Consider these potential factors.

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Spotting A Fake Landlord Reference

Spotting Fake Landlord References

By Devin Henry | May 27, 2020

There is a thriving economy for false references in the rental world. The following tips are tried and true ways to spot a fake reference.

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When Tenants Wants to Break Their Lease: A Guide to Early Termination for Landlords

Early Termination for Landlords (4 Things to Keep in Mind)

By Devin Henry | May 26, 2020

Many challenges can cause tenants to want to break their lease early. What do you do if one of your tenants wants early termination?

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Rental Property Summer Landscaping Tips

8 Easy Landscaping Tips for Your Rental Property

By Devin Henry | May 22, 2020

With the summer months fast creeping up, many landlords are turning their attention to landscaping. Try these tips to keep your properties looking their best this summer.

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7 Ways to Lower your Mortgage Rate

7 Ways to Lower Your Mortgage Rate

By Devin Henry | April 29, 2020

Your mortgage is often lower than a rental payment which saves you money. Today we’re here to discuss a few tips on how you can lower your mortgage rate.

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Rent Control in Washington, D.C.: What You Need To Know

Rent Control in Washington, D.C.: What You Need to Know

By Devin Henry | April 27, 2020

It’s not cheap to rent an apartment in Washington, D.C., which is why rent control is important for potential tenants. Here is a look at the history and future of rent control in Washington, D.C.

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5 Steps to Getting a Washington DC Rental Property License

5 Steps to Getting a Washington DC Rental Property License

By Devin Henry | April 24, 2020

Getting into the rental business can be a great additional source of income, but you need a DC rental property license to get started. Read on to discover the 5 basic steps you need to take to get started.

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How to Get the Best Mortgage Rate on Your Home in 2020

Getting the Best Mortgage Rate on Your Home in 2020

By Devin Henry | April 22, 2020

If you already own a home or you’re looking to purchase one in 2020, we want you to understand mortgage rates and how to lock in the best one out there. Read on for a few tips we’ve prepared.

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REITS

REITS vs Owning Rental Property: Which One is Right For You?

By Devin Henry | April 17, 2020

For many people, investing in real estate is a smart financial decision. When you choose to monetize your real estate, you have the chance to make a sizeable income over a long period […]

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What to consider when buying a house

Home Buying Strategies in Washington DC: A Primer for Investors

By Devin Henry | April 10, 2020

According to the U.S. Census Bureau, the homeownership rate at the end of 2019 was 65.1%. Despite how daunting it can feel, homeownership is possible for most Americans. It’s even possible to turn […]

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row houses in washington dc

Must-Know Legal Regulations for an English Basement in DC: Laws and Guidelines

By Devin Henry | April 6, 2020

Are you a DC property owner looking to earn a sizable rental income?  Due to the proportion of federal government employees, DC is a company town. Given its nature, the city attracts some high-earners looking […]

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calculate dc rental yield

What’s a Good Rental Yield in Washington D.C.?

By Devin Henry | April 3, 2020

Washington D.C. has a perennially strong economy, great livability, a hot real estate market, several universities, and a huge workforce (the political class) that has a high turnover rate. All of those factors […]

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The Investors' Guide to English Basements in Washington, D.C.

The Investors’ Guide to English Basements in Washington, D.C.

By Jenna Rieling | April 1, 2020

When space is at a premium and you don’t have a lot of land to work with, one way you can expand a house is by building up or down. Let’s explore what English basements are and how they affect a property’s value.

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rowhouses in Wasington DC, airbnb house hacking concept

Airbnb House Hacking in Washington DC

By Jenna Rieling | March 26, 2020

Owning a home is an integral part of the American Dream. Unfortunately, it could turn into a nightmare once you start thinking about paying a mortgage. That’s where house hacking, in particular Airbnb […]

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passive income

Passive Income with Benefits: House Hacking

By Devin Henry | March 24, 2020

Can you buy a house and avoid paying the mortgage? Can you build equity without a formidable investment? You can, and it doesn’t have anything to do with magic. It’s called house hacking, […]

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Innovation Center

Investing for the Future: The Innovation Center Station

By Devin Henry | March 12, 2020

Washington D.C. has long been a hotspot for real estate investors. Recognized as one of the top-10 most expensive cities to live in the U.S., it continues to see periods of sustained growth and […]

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5 Essential Questions to Ask Before Investing in the Shady Grove Housing Market 5

5 Essential Questions to Ask Before Investing in the Shady Grove Housing Market

By Devin Henry | March 10, 2020

The DC red line is home to some of the best real estate markets in the DMV, from DuPont Circle to Bethesda to Silver Spring.  But if you’re looking for affordable housing, look […]

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Upper Georgia Avenue

Investing for the Future: Upper Georgia Avenue

By Devin Henry | March 9, 2020

While D.C. had a huge population boom in recent years, many have noticed that it’s slowed down. A major reason for this was the fact that there just wasn’t enough development for people […]

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Manage Multiple Properties

11 Tips for How to Manage Multiple Properties With Ease

By Devin Henry | March 6, 2020

Real estate investments account for $9 billion of all of the investments made in the country every single year. One of the reasons this number is so big is that many people choose […]

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DC Investments: New Builds vs. the Fixer Upper

DC Investments: New Builds vs. the Fixer Upper

By Devin Henry | March 4, 2020

Congratulations! You’ve decided to invest in property in one of the fastest-growing markets in the country — Washington D.C. Hailed for its historic charm, close proximity to the bustling city life, and picturesque […]

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Buying a Rental Property

Buying a Rental Property in Washington DC: 13 Things to Know

By Devin Henry | March 3, 2020

Are you looking to make an investment with a proven ROI? Look no further than buying rental property in Washington D.C. Home to historical significance, a bustling city life, and picturesque backdrops, Washington […]

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Before Buying a Rental Property

11 Crucial Things To Know Before Buying a Rental Property

By Devin Henry | March 2, 2020

Generating a stream of passive income is one of the best ways to reach financial freedom. Real estate, in particular, is a reliable method to do so. Put simply, purchasing a rental property […]

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move to bethesdar

10 Interesting Reasons To Move to Bethesda, Maryland

By Devin Henry | December 20, 2019

Bethesda is one of the hottest towns to live in Maryland. There are so many reasons that people are relocating to Bethesda in droves. Home to about 65,000 residents, Bethesda provides close proximity to […]

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proptech

5 Disruptive Ways PropTech Is Changing Real Estate

By Nomadic Real Estate | November 25, 2019

In today’s world, technology permeates almost every sector, from medical care to law enforcement. It should come as no surprise that proptech began to integrate with the real estate market in various waves […]

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hoas and property management

7 Differences Between HOAs and Property Management Companies

By Nomadic Real Estate | November 21, 2019

Your rental property could have both an HOA and a property management company. The two entities are very different things. But without a good understanding of the role of an HOA versus a […]

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alexandria's housing market

Alexandria VA Housing Market Forecast in 2019

By Devin Henry | September 6, 2019

There is a lot of buzz about Alexandria’s housing market in 2019. The more popular term used to describe this spike in the market is the “Amazon effect.” So, in case you are […]

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You'll Never Guess what this Gorgeously Renovated Home used to be... 8

You’ll Never Guess what this Gorgeously Renovated Home used to be…

By Suzannah Van Rooy | February 22, 2019

In the property management business, we’ve come to realize that one home can serve a multitude of functions over its lifetime. Like 1500 D St, for example. Purchased by its current owner in […]

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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:

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

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:

  • 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:

  • 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:

  • 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:

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

  • 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:

Responses will show up in the conversation ticket:

  • 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:

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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:

  • 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:

  • 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:

  • 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:

  • 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:

  • 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:

View a snapshot of income and expenses on your dashboard:

See every transaction in real-time on your ledger:

Statements and forms will be posted to your documents library:

View a suite of real-time financial reports:

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

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

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

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. 

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.