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First Rate Property Management Blog

Blog Post SW Idaho NARPM Vacancy Report Q3 2020

SW Idaho NARPM Vacancy Report Q3 2020

View Report Here Quarter 3 Vacancy Report from the National Association of Residential Property Management indicated that Canyon and Ada County both had a slight increase in vacancy since quarter 2. Less than ½ a percent, but an increases none the less.  Of these vaca...
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Blog Post Eviction Ban Moratorium - What You Need to Know

Eviction Ban Moratorium - What You Need to Know

On the 1st of September, the Center for disease Control and Prevention (CDC) issued a nationwide moratorium to protect individuals from eviction upon non-payment of rent until the end of 2020. This order went into effected in the Federal Register on Friday, September 4.Under the ...
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Blog Post NARPM SW Idaho 2nd Quarter Vacancy Report

NARPM SW Idaho 2nd Quarter Vacancy Report

The National Association for Residential Property Management; SW Idaho Chapter to have a 4.14% Vacancy for Q2 of 2020. The industry has been stagnant since Q1. Similar to last quarter, landlords are wanting to be proactive and anticipate a potentially higher vacancy. In order to ...
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Blog Post PROACTIVELY REPLACING WATER HEATERS:

PROACTIVELY REPLACING WATER HEATERS:

PROACTIVELY REPLACING WATER HEATERS: One of the unknown, inevitable, and scary parts of owning any property, not just an investment property, is unexpected expenses for repairs and replacements. Sometimes the expenses are small, but other times, they can be quite costly.  Wa...
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Blog Post Landlords Beware: A Rise in Fraudulent Applications

Landlords Beware: A Rise in Fraudulent Applications

Landlords Beware: A Rise in Fraudulent ApplicationsIn 2018 it was reported that more than 80% of property managers surveyed have fallen victim to tenant fraud. Many of these cases of fraud were not exposed until after the tenant had moved into the rental property and proven to be...
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Blog Post Google Reviews!

Google Reviews!

Property Management: Google Review            We are far too aware of how our Google Rating affects our property management business. With the PM stigma among tenants, the search engine optimization game feels almost impossible to win. However, ...
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Blog Post City Council Discussion - Capping Rental Application Fees

City Council Discussion - Capping Rental Application Fees

As an owner, tenant, or landlord, it is important to be informed on the latest proposed cap on rental application fees and how it will affect you. Councilwoman, Lisa Sanchez, has proposed an ordinance to cap rental application fees at $30. On October 29th, 2019 the people of the ...
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Blog Post Treasure Valley Vacancy Trends - What FRPM Does to Combat Fall Market Decline

Treasure Valley Vacancy Trends - What FRPM Does to Combat Fall Market Decline

              Currently we have a vacancy rate of 2.48%. This is ever so slightly above last year’s vacancy rate of 2.47% at this time. This vacancy number depends on the time of the month. Of all of our vacant units 61% are already re-ren...
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Blog Post Property Management Perspective: Boise considering capping rental application fees at $30

Property Management Perspective: Boise considering capping rental application fees at $30

Property Management Perspective: Boise considering capping rental application fees at $30Boise City councilwoman, Lisa Sanchez, is working to put a cap on rental application fees. While I believe her intentions are of pure heart, I feel that her suggested resolution does not...
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Blog Post Property Management: Organized Chaos

Property Management: Organized Chaos

               Among the exponential growth in population in Boise, ID includes increased rental rates to assist clients in capitalizing on their investments. Unfortunately, Boise natives’ wages are falling behind these rental rates t...
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