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

By Julie Tollifson Thursday, September 5, 2019

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...

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

By Julie Tollifson Thursday, August 29, 2019

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...

Property Management: Organized Chaos

By Julie Tollifson Wednesday, August 28, 2019

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...

Mid-Year Housing Summit Summary

By Melissa Sharone Tuesday, July 23, 2019

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...

NARPM 2nd Quarter Vacancy Survey

By Melissa Sharone Friday, July 19, 2019

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...

The 10% Rule

By Melissa Sharone Thursday, July 11, 2019

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...

Part 3 - How to Manager Your Manager

By Melissa Sharone Tuesday, July 9, 2019

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 ...

Part 2- How to manage your manager

By Melissa Sharone Tuesday, July 2, 2019

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...

How to Manage your Manager Part 1 of 3

By Melissa Sharone Tuesday, June 25, 2019

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...

Got A Minute To Consider Interest Rates?????

By Melissa Sharone Wednesday, May 29, 2019

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...

First Rate Property Management Blog

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

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

Property Management: Organized Chaos

Mid-Year Housing Summit Summary

NARPM 2nd Quarter Vacancy Survey

The 10% Rule

Part 3 - How to Manager Your Manager

Part 2- How to manage your manager

How to Manage your Manager Part 1 of 3

Got A Minute To Consider Interest Rates?????

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