What Are Landlord Obligations?
In 2018, Washington DC’s population surpassed 700,000 residents and is projected to reach one million in just a few short decades. What does this growth mean for anyone who is interested in investing […]
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Your Must-Follow Guide for How to Determine Rent Price
Knowing how to determine rent price is critical for your property. Investing in income-producing real estate is only a benefit to your portfolio if you can get the right price for your property. […]
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Landlords Guide to Prorated Rent Lease Agreement
The average vacancy rate for rental properties in the US is 7%. Avoiding rental vacancy is a high priority for both small landlords and large landlords alike. What this means in practice is that […]
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A Landlord’s Guide to Managing Multi-Family Homes
According to IBISWorld, the average industry growth of property management from 2015 to 2020 was 2.7%—and its market size is $88 billion. If you’re thinking of getting into this industry, then you know […]
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FHA vs Conventional Loan: Everything You Need to Know
Are you looking to buy a house soon? Trying to figure out the different types of mortgages available? Overwhelming isn’t it? Buying a house, whether to live in or as an investment property to rent […]
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The Ultimate Guide to Tenant Retention
Do you want to learn how you can succeed in the competitive rental market in Maryland and Virginia? If you want to go from surviving to thriving, you have to think about certain strategies. […]
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Renting Out a Room to a Friend? Here’s How to Do it Right
There are many reasons someone may consider renting out a room to a friend. The friend may be temporarily relocating for work or saving up to buy a condo or home. It could […]
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Taxes on Rental Income: Key Things to Know
Real estate investing opens up opportunities to diversify your income beyond what you could imagine. But just like personal income, real estate profits are subject to taxation. Taxes on rental income won’t have the same […]
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What Is Skip Tracing? A Full Guide for Landlords
In the real estate business, landlords wear many hats. As the owner of a property, landlords are in charge of a lot more than just demanding and collecting rent. A good landlord is versatile and […]
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What is a Land Contract?
Many people get excited about buying or selling properties, whether to use them as primary residences, secondary homes, income opportunities, or business hubs. Unfortunately, it takes more than a handshake to transfer real […]
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Critical Questions to Ask A Renter’s Personal References
As a landlord, getting high-quality tenants into your rental homes is crucial to your income, the growth of your business, and keeping your residence in tip-top shape to maximize its value for years […]
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4 Things to Consider When Buying a Condo to Rent Out
Deciding to invest in real estate is a big decision no matter which type of property you’re considering, but buying a condo involves nuances that are different from purchasing a single-family home. We’ve […]
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Rental Application Process: A Guide for Landlords
Despite the fact that there are more people renting in America than ever before, finding a great tenant is no easy feat. From problematic neighbors to job hoppers, sometimes it can feel like it’s safer […]
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2020 Guide to Real Estate Speculation
When it comes to investing, Real Estate is king. There is a good reason why 31% of investors chose real estate speculation as to their top pick of investment options in a recent Bankrate survey. […]
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Accessibility Features in a Rental Property
Baby Boomers are quickly approaching retirement age, and with that change the United States is seeing a rise in the elderly population that will only continue for the next twenty years or more. […]
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Renovation Tips: Best Colors and Combos for a Rental Property
When thinking about renovating a rental property, it is important to establish a color scheme or palette to use as a guide when making your design selections. This will allow your home to […]
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BRRRR Method: Buy, Rehab, Rent, Refinance, Repeat—How to Get it Right
The BRRRR method is a solid investment strategy. It’s a great way to build your real estate portfolio—as long as you understand what it is and how to use it to your advantage. […]
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How to Avoid Rental Scams
Did you know that American renters have lost millions of dollars due through house rental scams? Not only that, but the Washington D.C. area is one of the cities most vulnerable to these scams. If […]
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Landlords Ultimate Guide to Month to Month Leases
Are you a landlord thinking about making month to month leases available for your properties? For many renters, month to month leases can be a convenient way to rent an apartment before committing […]
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Finished Landlord Guide to Writing Hold Harmless Agreements
Being a landlord, particularly one with a varied rental portfolio, can be tough to manage when it comes to legalities. Depending on the type of property, usages may be for many purposes. So […]
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What is the 2% Rule in Real Estate Investing?
The average cost of a home in the United States in 2019 was $277,000. A quarter of a million-dollar investment to buy a home is out of the reach of much of the population. This […]
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Landlord’s Complete Guide: Landlord and Tenant Act
Buying and renting an investment property can be an excellent move for your long-term wealth. Owning property is one of the most effective ways to generate earnings in the United States, and that […]
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Spotting Fake Landlord References
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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7 Ways to Lower Your Mortgage Rate
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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What is the ROI of improving curb appeal for a rental?
Owning a rental property can be incredibly lucrative and rewarding, and history has proven that investing in real estate is one of the most reliable ways to generate wealth over the long term. […]
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Getting the Best Mortgage Rate on Your Home in 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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Real Estate Investing For Beginners
According to data, real estate flipping reached a 9 year high in 2019. However, the analysis also shows that returns are shrinking. What does this mean for real estate investing for beginners, and is it […]
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How to Generate Passive Income in The DMV with Income Producing Assets
Raise your hand if you’d like to be a millionaire. We’re betting every single person reading this has their hand up right now, because who wouldn’t want to be rich? But if you […]
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The Property Management Cheat-Sheet: How to Screen Tenants Effortlessly
Owning and renting out your property can come with plenty of perks, but it also comes with some pitfalls if you don’t have the right tenants. If you want to rent your property, […]
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How to Find the Best Property Management Companies in Arlington, Virginia
So you have decided to hire a professional property management company for your Arlington rental home. It’s the right choice to make, but, how do you go about finding one? There are plenty […]
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12 Ways to Boost the Curb Appeal of Your Rental Property
When it comes to the return on your rental investment as a landlord, there are countless factors that are entirely outside of your control. Your rental yield can fluctuate year to year and […]
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HELP! How to Decide When To Call for Home Emergency Services
We’ve all had those days where nothing seems to go right. The sink faucet breaks, the refrigerator starts leaking and the dishwasher stops working entirely. After cursing the gods, our next instinct is […]
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Preparing for a Snowier than Normal 2019 Winter
2019 weather predictions are calling for a snowier and later than usual winter this year. To ensure plenty of worry free and cozy nights by the fireplace, we recommend reading and following our […]
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6 Ways to Winterize Your Home to Protect from Freezing Temperatures
It’s that time of year again. The holiday lights are strewn across the city, and temperatures are finally hitting freezing. Although we love a good snow day, it is incredibly important to remember […]
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6 Way to use Your Heating System Efficiently in Colder Weather
As it continues to get colder in the DMV, the Nomadic team has a few recommendations to help you use the heating systems in your home efficiently. This, usually, is as simple as […]
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6 Ways to Maximize Space, or the Appearance of it, in a Studio Apartment
Space in Washington DC studio apartments can be tight, but they don’t necessarily have to look or feel like it. With the help of a few decorating tips, creative storage units and furniture […]
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How to Find the Perfect Tenant
Finding the perfect tenant for your investment property can take a lot of hard work. If all goes well, the time and effort you put in to the search will result in that […]
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How to Prepare Your Home for Fall and the Coming Colder Season
The love for fall is strong here at Nomadic headquarters. We are excited about all things pumpkin spice, football, cooler temps, and of course, the changing colors of leaves. However much we love […]
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How to Immediately React to a Flood Inside Your Home
With Fall coming into full swing, we can welcome in cooler temps, along with tons of rain. While the change in temperature is a sweet relief, the accompanying down pours can lead to […]
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Save on Nationals Tickets in the 2018 Season
Great news for all of you die hard Nationals fans, fair-weather fans, or fair weather lovers (see what we did there?): we, here at Nomadic Real Estate, have teamed up with the Nationals […]
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How to Get A Basic Business License in DC
Did you know, in order to rent your DC property to tenants, it is required by DC law to acquire a Basic Business License? This information tends to come as a surprise to […]
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