Nomadic Real Estate provides leasing, property management and sales services to individual owners or investors of residential property in Washington D.C., Northern Virginia, and parts of Maryland. Founded in 2005 by brothers Benjamin and Joseph Rieling, we remain family owned and operated today.

We understand how crucial it is to find a trustworthy team to take care of your home and investment. With over a decade of experience, we’ve formed our entire business model and core company principles around providing our clients with the highest quality of service possible. We believe in rapid same day response, complete transparency, and hard work. Our 5 teams of dedicated, responsive specialists are here to walk you through every step of the process, providing you the peace of mind you seek in a property management company.

We have clients stationed all over the world and understand the importance of earning your trust and confidence while providing peace of mind. Your home or condo is an extremely important investment and we value the significance of preserving its value while providing our clients the highest levels of monthly cash flow.

Above all else, we value our clients' business and we are accessible 24/7. The Nomadic Approach is built around this level of personal care and being the hardest working team in the industry. Thanks in advance for your consideration and we hope to have the opportunity to build a long term business relationship with you.

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The Nomadic Process

Below are each of our 5 teams that we've put in place to help guide you through the Nomadic Process.

Client Integration

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Client Centric

Our client integration team welcomes you to the Nomadic community and ensures all paperwork and ads are in line for your property’s success. We learn the intricate details of your home and execute on all preliminary walk throughs and property rules and fact sheets.

Client Integration

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Client Centric

Our client integration team welcomes you to the Nomadic community and ensures all paperwork and ads are in line for your property’s success. We learn the intricate details of your home and execute on all preliminary walk throughs and property rules and fact sheets.

Leasing

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Same Day Responsiveness

Our leasing team performs powerful marketing for your property across a multitude of digital channels for maximum visibility. We manage showings and perform credit and background checks. We take care of lease drafting and execution and security deposit and management.

Leasing

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Same Day Responsiveness

Our leasing team performs powerful marketing for your property across a multitude of digital channels for maximum visibility. We manage showings and perform credit and background checks. We take care of lease drafting and execution and security deposit and management.

Turnover

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Transparent Communication

Our turnover team conducts a detailed market ready inspection to ensure your home is in peak condition for move-in. A list of repairs with quotes is generated and all approved work is schedule and completed for a seamless tenant transition.

Turnover

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Complete Transparency

Our turnover team conducts a detailed market ready inspection to ensure your home is in peak condition for move-in. A list of repairs with quotes is generated and all approved work is schedule and completed for a seamless tenant transition.

Management

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Hard Work

Our property management team offers tenants year round reliable and responsive service. They handle 24/7 emergency issues, work orders, preventative maintenance, spot checks, license renewals and day-to-day inquiries.

Management

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Hard Work

Our property management team offers tenants year round reliable and responsive service. They handle 24/7 emergency issues, work orders, preventative maintenance, spot checks, license renewals and day-to-day inquiries.

Accounting

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Complete Transparency

Our accounting team provides the quickest rent collection and distribution turn around in the industry though auto rent debit and direct deposit. We provide secure, 24/7 access to all approved financial transactions made on clients’ behalf.

Accounting

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Hard Work

Our accounting team provides the quickest rent collection and distribution turn around in the industry though auto rent debit and direct deposit. We provide secure, 24/7 access to all approved financial transactions made on clients’ behalf.

Learn More About Our Property Management Services

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.