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First Rate Property Management Blog

Blog Post Metric Trends

Metric Trends

By Tony Drost Thursday, March 7, 2019
We continue to see Ada County 4 plex values increasing at a steady rate.  The good news is that rents have been increasing as well.  According to the financial information on the Intermountain Multiple Listing Service and financials provided by listing agents, February&...
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Blog Post Set and Stagger Leases

Set and Stagger Leases

By Kristen Curtis Monday, March 4, 2019
Over the years we at FRPM have consistently preached the importance of scheduling lease termination dates. We'd like to touch on this for only a moment, but then also discuss the importance of also staggering lease termination dates.Its our experience and recommendation not t...
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Blog Post Search Engine Optimization and How it Impacts Your Property Management Company

Search Engine Optimization and How it Impacts Your Property Management Company

By Julie Tollifson Friday, February 22, 2019
As technology continues to grow at an exponential and unprecedented rate businesses across the globe are thrown into unchartered territory attempting to navigate the implications and effects this growth will have on their business, brand, and reputation.The platforms in which pr...
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Blog Post Finding Value Despite Shrinking Margins

Finding Value Despite Shrinking Margins

By Tony Drost Monday, February 18, 2019
Originally posted 3/5/2018Swope Investment Properties regularly sends out a newsletter that includes good articles and listing information.  In the most recent article, realtor Eric Uhlenhoff shared his perspective to rising prices.  Finding Value Despite Shrinking Marg...
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Blog Post Investor Newsletter

Investor Newsletter

By Tony Drost Thursday, February 14, 2019
Swope Investment Properties publishes a newsletter like this one This quarter’s newsletter discusses property inspections, maintenance tips, hazard insurance, supporting a local charity, and provides some listing information.  Please contact Shane Brown at brown.s...
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Blog Post What Do Rising Mortgage Rates Mean?

What Do Rising Mortgage Rates Mean?

By Jim Sharone Tuesday, February 12, 2019
Originally posted 2018Mortgage rates are on the rise and experts are expecting them to continue to rise! So what does that mean for our investors? Buying and Selling:Single Family and Multi-family sale prices should continue to rise. When mortgage rates increase, the housing...
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Blog Post Corvettes and Rents

Corvettes and Rents

By Arica Elordi Monday, February 11, 2019
Corvettes and Rents:What in the world would the cost of a new Corvette have in common with Boise rents? Please bear with me with my comparison. In Boise, you can buy a 2019 Corvette ZR1 for $135,895. It would be incorrect to say, that cars in Boise cost $135K. It would be wrong t...
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Blog Post Economy by the Numbers

Economy by the Numbers

By Tony Drost Thursday, February 7, 2019
The following post is from Jack Harty, a commercial lender with Harty Mortgage Advisors. Various observers of the economy see threats to the economy coming from opposite directions for two different and contradictory reasons.  Some think the economy is weakening; others thin...
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Blog Post To rent, or not to rent

To rent, or not to rent

By Jim Sharone Tuesday, February 5, 2019
The current Boise rental market is strong which makes units much easier to get rented. However, that is not the only factor that goes into getting a unit filled! There is not a silver bullet when it comes to getting a unit rented. While some things are more important than others,...
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Blog Post Lying About Support Animal is a Misdemeanor

Lying About Support Animal is a Misdemeanor

By Kristen Curtis Thursday, January 31, 2019
Service Animals are seen everywhere these days and have captured the attention of many, to include the national media.  New websites popped up selling official Service Animal certificates, along with collars and jackets that alert all that this is a Service Animal.  Mos...
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