No Vacancy: Why You Should Care About Vacancy Rates Again

By Kurtis Tarbet Monday, January 14, 2019

No Vacancy: Why You Should Care About Vacancy Rates Again. Vacancy rates are still relevant, although they may not tell the whole story. I compare it to Earned Runs Average. That used to be what baseball (pitchers) were judge...

Odd Gift Receives Tenant Appreciation and Saves Landlords Money

By Jim Sharone Friday, January 11, 2019

First Rate Property Management is blessed to have great Landlords as our clients (we don’t just take anyone). Each of our clients provide their tenants with a welcoming gift that is delivered personally by a FRPM team member during the tenants move-in inspection. &nbs...

Investment Sales Still Strong

By Tony Drost Tuesday, January 8, 2019

FRPM manages hundreds of fourplexes and I tend to sell more fourplexes than anything else within Ada County (mostly Boise and Meridian), so I gather and report the data. The trends from the 4 plexes' sales seem to be a good indicator of the Boise real estate investment ...

Are Landlords Profiting from Application Fees?

By Tony Drost Wednesday, November 21, 2018

Recently, a local news station ran a story about high application fees, and asks, "Are Landlords unfairly profiting off Treasure Valley affordable housing crunch?" This prompted a number of inquiries to me asking if it's true. "Yes", I believe ...

Update on Vacancy

By Arica Elordi Tuesday, November 6, 2018

The U.S. Census Bureau announced the following residential vacancy statistics for the third quarter of 2018.The National vacancy rates for the third quarter were 7.1% for rental housing.As a general rule, 5%-8% vacancy is a good average although the city you are located in and re...

3rd Quarter NAPRM Vacancy Results

By Melissa Sharone Wednesday, October 24, 2018

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...

2nd Quarter SW Idaho NARPM Vacancy Trends

By Julie Tollifson Thursday, September 20, 2018

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 ...

Ada County Vacancy Trends

By Julie Tollifson Tuesday, August 28, 2018

Boise's rental market is undeniably booming. This growth has been the case for several years now and is expected to maintain its strength for months to come. Boise’s rental demand is contrary to the trends in other metropolitan areas in the United States where vacancy r...

HUD Files Against Facebook

By Julie Tollifson Tuesday, August 21, 2018

Friday morning Housing and Urban Development (HUD) filed a formal complaint under the Fair Housing Act against Facebook. The claim alleges Facebook to use its advertising platform to engage in housing discrimination. These claims maintain that Facebook allows advertisers to contr...

Increased Rents Create Parking Issues

By Tony Drost Friday, August 10, 2018

In a million years, would you have ever thought that ascending rents would cause parking problems? Well, it is, and not just in multi-family complexes either. As Boise area rents have increased, many tenants have solicited roommates to help defray costs and many of th...

First Rate Property Management Blog

No Vacancy: Why You Should Care About Vacancy Rates Again

Odd Gift Receives Tenant Appreciation and Saves Landlords Money

Investment Sales Still Strong

Are Landlords Profiting from Application Fees?

Update on Vacancy

3rd Quarter NAPRM Vacancy Results

2nd Quarter SW Idaho NARPM Vacancy Trends

Ada County Vacancy Trends

HUD Files Against Facebook

Increased Rents Create Parking Issues

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