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First Rate Property Management Blog

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 NARPM SW Idaho 1st Quarter Vacancy Report

NARPM SW Idaho 1st Quarter Vacancy Report

The 1st quarter vacancy survey from the SW Idaho Chapter of the National Association of Residential Property Managers (NARPM) was just released.  While majority of the quarter was unaffected by the COVID-19 pandemic some of these results (mainly the average rental prices) we...
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Blog Post SW Idaho NARPM 3rd Quarter Vacancy Report

SW Idaho NARPM 3rd Quarter Vacancy Report

                The 3rd quarter Narpm vacancy survey is out and it shows that vacancy dropped quite a bit from the 2nd quarter but that is to be expected. It is the time of year when things slow down for the rental industry. The vacancy for...
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Blog Post NARPM 2nd Quarter Vacancy Survey

NARPM 2nd Quarter Vacancy Survey

The SW Idaho Chapter of Narpm just released its 2nd quarter vacancy survey.  The results are pretty typical for this time of year.  The vacancy overall went up a little but that is because this is the time of year where the rental activity is the highest.  Good new...
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Blog Post 1st Quarter Vacancy Update!

1st Quarter Vacancy Update!

The SW Idaho Chapter of NARPM just released their 1st quarter vacancy report. It shows that vacancy overall is up from 3% to 3.4%. This is pretty typical for this time of year. The activity for rentals has definitely picked up in the last few months. The market is heating for sin...
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Blog Post Blog and Vacancy Update!!

Blog and Vacancy Update!!

New Blog:   We have moved our blog to a new site. Please click the link below to subscribe to our new blog. This link will take you to our new site and you will see the subscribe box on the right hand side of the page. Just type in your e-mail and hit subscribe. It will...
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Blog Post Corvettes and Rents

Corvettes and Rents

Corvettes and Rents:What in the world would the cost of a new Corvette have in common with Boise rents? Please bear with me with my comparison. In Boise, you can buy a 2019 Corvette ZR1 for $135,895. It would be incorrect to say, that cars in Boise cost $135K. It would be wrong t...
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Blog Post 4th Quarter SW Idaho Narpm Vacancy Update

4th Quarter SW Idaho Narpm Vacancy Update

The SW Idaho Narpm chapter just released the 4th quarter vacancy results.  The results are pretty standard for this time of year, with vacancy up a little.  At this time of year, we find that renters don't like to move due to the holidays and cold weather.  Eve...
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Blog Post 3rd Quarter NAPRM Vacancy Results

3rd Quarter NAPRM Vacancy Results

The 3rd quarter NARPM survey results are out.  Overall things still look good for this time of year.  You will notice that the vacancy for single family homes is up right now.  FRPM has found over the last month that single family home rentals are slower to get ren...
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Blog Post 2nd Quarter SW Idaho NARPM Vacancy Trends

2nd Quarter SW Idaho NARPM Vacancy Trends

   The National Association of Residential Property Managers published a recent survey conducted by the SW Idaho chapter of NARPM during the month of June 2018. The survey took 7,091 total homes into account. These multi-family and single-family homes are spread across ...
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