First Rate Property Management Blog

Continuous Service Agreements

Blog Post

By Melissa S. Sunday, January 1, 2017

First Rate Property Management (First Rate) takes a lot of pride in managing investment properties and maintaining the high standards that we have set forth within our company. One tool and method that we employ to accomplish these goals and to maximize our client's investmen...

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Do It Yourself Maintenance

Blog Post

By Melissa S. Sunday, January 1, 2017

Do it yourself maintenance is something that FRPM considers pretty important. It helps reduce costs for owners, solves the issue for tenants faster and allows the property manager to get more accomplished. FRPM has a variety of maintenance FAQ’s listed on their website to h...

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Boise Rents and Occupancy Remain Strong

Blog Post

By Melissa S. Sunday, January 1, 2017

The SW Idaho Chapter of the National Association of Residential Property Managers (NARPM) just published their 1st quarter rental rate and vacancy report.  As we have reported before, this survey information is a good guide to follow trends.  The sample size this q...

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The Importance of Renters Insurance

Blog Post

By Melissa S. Sunday, January 1, 2017

Benjamin Franklin once said, "By failing to prepare, you are preparing to fail."  For a renter, preparing to move into a new rental can be overwhelming, but there is one step that is a simple preparation for unexpected events, which is obtaining Renter's Insura...

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Consistent, Fair & Compliant - Deposit Return Process

Blog Post

By Melissa S. Sunday, January 1, 2017

Consistent, fair and compliant are the 3 key words Marie Swanson used to describe the Security deposit return process.  This very detailed article covers several helpful tips to follow when it comes to returning a tenants security deposit.   Some of the most important s...

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Boise Increasing Rents Prove Sustainable

Blog Post

By Melissa Sharone Sunday, January 1, 2017

As rents have increased over the past few years, we have taken the position that Boise wages could not support these rents and that rents would stabilize or maybe even drop.   Idaho currently ranks 47th in the nation when it comes to median household income per capita and ha...

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Multifamily Rentals Dynamic

Blog Post

By Melissa S. Sunday, January 1, 2017

Harty Mortgage Advisors sent out the attached graphs that were created by Arbor Financial, a Fannie and Freddie lander.  The three charts reflect the state of multifamily rental demand and the drop in homeownership that is exacerbating the unmet demand for rentals.

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Is your Boise Property Manager Selling?

Blog Post

By Melissa S. Sunday, January 1, 2017

Our 3 part series about the history, current trends, and the future of residential property management received the most views and comments than any other.  A good share of questions came from rental owners.  Some wanted to share their experience while others wanted adv...

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How Homeowners and Tenants Can Avoid Locksmith Scams

Blog Post

By Melissa S. Sunday, January 1, 2017

Unlike many other states, Idaho has no law that pertains to locks and locksmiths for rental properties and as a result, many Idaho Landlords do not change the lock between tenants.  FRPM's policy is to change the locks after every tenant to ensure the safety of the new t...

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Seize the Opportunity

Blog Post

By Melissa S. Sunday, January 1, 2017

First Rate Property Management's Leasing Team Leader, Kristen Curtis, recently wrote an article called Seize the Opportunity, This article was published in the Oct/Nov issue of the Residential Resource.  The Residential Resource is a trade magazine for professional resid...

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