A new company has entered the Phoenix market after success in Denver offering guaranteed rent and two-year leases for rental property to landlords to help ease pandemic concerns and vacancy issues with tenants.
Nomad, which started in Denver, said their research shows the Phoenix metro market is a good market for their expansion, according to P.J. O’Neil, founder and a veteran operator of Opendoor.com, which buys homes from individual sellers.
A key is that the company is not a property manager, but it does guarantee leases, so landlords can continue to manage their own properties if they desire, or choose a third-party property management company.
Suraj Shrestha is an associate at Harborside Partners. He has been taking the lead role on research projects; to develop and implement online marketing strategies for search engine optimization and social media marketing. He is one of the core parts for helping to grow business revenue and the company’s online presence.