On the 5th of each month, you’ll receive a disbursement for all unpaid rent deposited into your preferred account.
Pay yourselves. Pay your Vendors. Pay your Owners. Pay your team. All on the same day.
Over the course of the month, Nomad will be paid back as rent is collected from your tenants. It really is that simple.
Audit ready, every single day.
That’s our guarantee. Here’s how we do it:
We are not only checking for up-to-date reconciliation reports, we are also checking to make sure they are done correctly. Grace periods vary amongst states.
Many property managers disburse prepayments before they are earned. We check to make sure the cash balances cover all of the liabilities.
Negative property balances can signify co-mingling of funds. Are you handling owner distributions and workflows correctly? We can tell you.
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