Top McLean Property Management Company

Managing issues and accepting rent yourself might seem like the most profitable option when it comes to property management, but this is not always the case. Many real estate investors choose to be silent partners in their endeavors by hiring companies that offer property management services to take over their duties.

Nomadic Real Estate is a dependable property management company and provides services in Washington DC and Northern Virginia, include McLean, VA.

Customized Property Management Services in McLean, Va

Nomadic Real Estate helps real estate investors manage their properties by offering professional, detailed, and thorough services. These might include managing finding tenants, accepting rent, and upkeep and general maintenance, among other aspects, and the good news is that you can customize such offerings. 

You can be as involved as you want with the management of your rental units, meaning you can back out and have virtually no involvement at all if something breaks down in the middle of the night — you get to choose.

Many rental property owners have full-time jobs, for example, or projects they are working on that result in them not having enough time to manage their rental property businesses. They then often end up neglecting these properties and losing money from them.

If this sounds familiar, you can benefit from checking out the services offered by Nomadic Real Estate. 

What's Included In Our McLean Property Management Services?

Nomadic Real Estate offers several services related to managing your property. 

Finding Tenants

Nomadic uses thorough screening procedures to locate the best tenants for your property. We run background checks and delve into each applicant’s credit, rental history, and employment, and even know how to spot fake landlord references. The goal is to find trustworthy and creditworthy people.

Preparing Units​​

When a tenant moves out of a unit, Nomadic gets it ready for the next tenant by cleaning, fixing any problems, and making sure everything is in tip-top shape. The faster they can get the unit ready, the faster they can rent it to the next tenant.

Marketing Properties​

We strives to find tenants quickly. Marketing is required to find new tenants for all the available units, and the methods used can make or break a rental listing. Trusting this step to professionals who understand how to get your property rented quickly is crucial.

Maintaining Units​

Maintaining an investment property can be time consuming. Nomadic views maintenance as a necessity, and ensures that necessary repairs and work are performed each week, month, or year as needed.

Assisting with Move-Ins and Move-Outs

When a person moves out, Nomadic steps in to complete an inspection of the unit and start making repairs, if needed. Assisting with move-ins and outs takes time, and Nomadic can take over this duty for you if you hire them to.

Responding to Emergency Situations

Nomadic has a variety service technicians on call 24 hours a day to handle emergencies. When a tenant has a problem, you can feel confident knowing that Nomadic will handle it quickly and thoroughly.

Handling Tenant Complaints

Nomadic handles tenant complaints, too. Nomadic has effective methods for accepting and addressing tenant complaints.

Collecting the Rent

Nomadic uses a dependable electronic system to efficiently collect the rent each month.

Evicting Tenants When Necessary

Every now and then, you might have a tenant that needs to go. When you experience this issue, you must go through the eviction process, which costs time and money. Nomadic assume these duties so you don't.

Tracking All Paperwork

Nomadic uses sophisticated software to record everything that occurs with your rental property, saving you the time and stress involved in keeping track of important paperwork.

Further Benefits of Working with a McLean Property Management Services

Nomadic provides services for landlords, and you can reap many benefits from hiring one for these services. 

Your Next Step:

Learn More About Our McLean Property Management Services

As an investment property owner in the McLean, VA, area, you know how important it is to keep your properties top of mind to make sure they are rentable and that your tenants are happy with their living conditions. Hiring a property management services company like Nomadic to manage this upkeep means you can choose how much you want to be involved in managing your properties.

Are you ready to learn more? If so, call us today.

Learn What Sets Nomadic Apart:

*Property Owners Only

  • This field is for validation purposes and should be left unchanged.
Scroll to Top

Happy Tenants.
Happy Landlords.

We believe that through providing honest, responsive services built on sustainable business practices, everyone wins. Discover the Nomadic Experience, start with a free evaluation:

Thinking of selling? Get an instant property value report:

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.