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...

Absolutely Reliable Prediction on Interest Rates

By Tony Drost Tuesday, August 7, 2018

Jack Harty with Harty Mortgage Advisors frequently updates his clients with wit and humor.WARNING: Don't believe the Subject line above. There is no reliable method for predicting interest rate movement beyond the next fiscal quarter. While there are many methods ...

CO and Smoke Detectors Do Expire

By Tony Drost Wednesday, August 1, 2018

First Rate Property Management received the below email from the Deputy Chief - Fire Marshal of Meridian Fire. Also, they provided the attached Smoke and Carbon Monoxide Detector Log Sheet and Parking Lot Safety Tips.FRPM: tests, replaces, and adds detectors as needed...

Strong Rental Market

By Melissa Sharone Monday, July 30, 2018

Below and attached is an article from the Mortgage Bankers Association who reports that the demand to rent is holding up to the rapid growth in supply across the nation. A 'Resilient' Multifamily MarketMichael Tucker mtucker@mba.orgJuly 26, 2018 The first half of 201...

Is Your Money Safe?

By Tony Drost Thursday, July 5, 2018

Over the past few decades, there have been several property managers go out of business and the rumor is, when they did, they took and/or spent tenant deposits and rents. As of recent, a number of Ada and Canyon County investors have filed claims against another local prope...

Where Is It Going? The Rental Housing Market

By Tony Drost Tuesday, July 3, 2018

Below is an article in the July issue of the Residential Resource, written by Colleen Harding from Miami. Within the article, Colleen describes factors that are making up today's housing rental market. Much of what Colleen has to say is what we have reported in th...

What Potential Rent Control in California Means for Idaho

By Jim Sharone Wednesday, May 30, 2018

Tenant advocates in California have received enough signatures for a ballot initiative to repeal the Costa-Hawkins Rental Housing Act. This would allow extreme Rent Control in California cities and counties where many saw rents increase by 40% over the past 3 years. ...

Property Taxes! What to Expect

By Tony Drost Tuesday, May 15, 2018

It's that time of the year again where Ada County homeowners and Landlord's will be receiving their tax assessment notices. On average, we're anticipating about a 12% increase in assessed values on residential homes. Small multifamily (2-4) units will see ...

FRPM Metrics

By Melissa Sharone Friday, May 11, 2018

Below is a summary of some of the metrics that we are tracking for our leasing department. It showcases our low vacancy rate and our high renewal rate. As you can see, our vacancy for all of 2018 has been significantly lower then the national rate. It also high...

First Rate Property Management Blog

HUD Files Against Facebook

Increased Rents Create Parking Issues

Absolutely Reliable Prediction on Interest Rates

CO and Smoke Detectors Do Expire

Strong Rental Market

Is Your Money Safe?

Where Is It Going? The Rental Housing Market

What Potential Rent Control in California Means for Idaho

Property Taxes! What to Expect

FRPM Metrics

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