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First Rate Property Management Blog

Real Estate Investors Flock to Boise...but why

Blog Post Real Estate Investors Flock to Boise...but why
Real Estate Investors Flock to Boise...but why? Low Property Tax:Property Taxes in Boise range from 1.1% to 1.8% of assessed home value, depending on location. Meridian is about 1.3% and Eagle is 1.1%.  Investors looking at Canyon County can expect to pay about 2% of the ass...
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$1 of Rent

Blog Post $1 of Rent
Below is a very good graphic provided by the National Apartment Association that explains the value of $1 of rent.  It creates a clear transparent breakdown of where the money goes and in our opinion clears up the misconception that "landlords" take home large marg...
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PROACTIVELY REPLACING WATER HEATERS:

Blog Post 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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NARPM SW Idaho 1st Quarter Vacancy Report

Blog Post 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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Owners! Get Your Property Rented!

Blog Post Owners! Get Your Property Rented!
One of the scariest times an owner goes through while renting out their property is the vacancy.  First Rate Property Management understands this and is ready to help!You will be receiving Marketing Updates from our leasing team every Wednesday your property is on the market...
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Vacancy Update

Blog Post Vacancy Update
The 4th quarter vacancy survey from the Southwest Idaho Chapter of NARPM was just released.  The results are about what was expected for this time of year.  The winter time is always slowed for rentals and therefor rents tend to slightly decrease in order to get units f...
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Emotional Support Animal or Pet?

Blog Post Emotional Support Animal or Pet?
What is an emotional support animal? Are they trained? Who gets one, and who decides that? If you have been in property management in the last few years, you have probably asked yourself at least one of those questions while witnessing the surge in rental applicants stating that ...
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Landlords Beware: A Rise in Fraudulent Applications

Blog Post 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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Google Reviews!

Blog Post 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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Don’t Let the Bed Bugs Bite!

Blog Post Don’t Let the Bed Bugs Bite!
As Boise’s population has boomed in the last decade, so have our area’s pest issues. One type of pest that we have encountered more frequently as a property management company is bed bugs. Bed bugs can be an embarrassing and uncomfortable topic, but it is important to...
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