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First Rate Property Management Blog

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

Blog Post 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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Property Management: Organized Chaos

Blog Post 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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Mid-Year Housing Summit Summary

Blog Post Mid-Year Housing Summit Summary
Earlier this month, Tony attended the Boise Regional Realtor’s Ada County Housing Summit. Within this blog, we wanted to focus on the mid year housing market report. Some of the other speakers spoke on topics such as, revitalizing community neighborhoods, affordable housing...
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NARPM 2nd Quarter Vacancy Survey

Blog Post 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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The 10% Rule

Blog Post The 10% Rule
Over the past weeks we have shared a summary of Tony’s presentation to the AVID Investors Club which is lead by Stacy McBain with Swope Investment Properties.  In that presentation Tony encouraged investors to get involved in some aspects of the management of their inv...
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Part 3 - How to Manager Your Manager

Blog Post Part 3 - How to Manager Your Manager
Thank you all for your great feedback on this series of posts summarizing Tony's presentation with the AVID Investors Club in June. In Part 1, Tony discussed the importance of selecting the right property manager and ancillary services. Part 2 described some of the ...
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Part 2- How to manage your manager

Blog Post Part 2- How to manage your manager
Earlier this week, we posted Part 1 of 3 of How to Manager Your Manager.  In part two, Tony explains further how he assumes the role as the asset manager and the areas he concentrates his efforts as part of the team managing his investment properties. Tony explained to the A...
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How to Manage your Manager Part 1 of 3

Blog Post How to Manage your Manager Part 1 of 3
Earlier this week, Tony Drost spoke to the AVID Investors Club on How to Manage Your Manager.  Since Tony owns First Rate Property Management and FRPM manages all of his rentals, the attendees were expecting Tony to state "If you need to manage your manger, maybe you ne...
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Got A Minute To Consider Interest Rates?????

Blog Post Got A Minute To Consider Interest Rates?????
Below is a brief article from Jack Harty on interest rates.  On 5-22-19 the Fed released minutes from its most recent meeting that concluded on May 1 with no increase in short-term interest rate. The Fed minutes suggest it will take a “patient approach” in deter...
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Beware of Rental Scams

Blog Post Beware of Rental Scams
Now that summer is here and the rental activity has increased, so has the amount of rental scams posted on craigslist.   We can’t stress enough how important it is for a renter to do their research when looking and applying for a property.  Below are some guidelin...
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