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Eagle Property Management

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Eagle Property Management Companies

First Rate Property Management demands that our staff provide owners and tenants with prompt and satisfactory service. We chose to name the company First Rate Property Management because we demand that our agents and contractors strive to provide First Rate service. If you sign a management agreement with us and you ever have a question or concern, you can contact any member of our staff, to include the President, at any time!

Why Boise Property Owners Choose First Rate Property Management, Inc.

Over the last three decades, First Rate Property Management has grown our portfolio of properties solely based on client referrals. We have never bought a business or sent out a single mailer or spam email; our largest source of referrals is from our very own clients. Why? Because unlike most other companies, we are investors too. Our clients’ real estate investments perform well and because of that, they tell all of their friends and family to invest in Boise.

Your rental property is a valuable asset, so you should entrust the management of that asset to a knowledgeable property manager that offers you peace of mind. First Rate Property Management has $1,000,000 in coverage per incident for General Liability, Professional Liability and Worker's Compensation insurance. We also require our tenants to take part in our Resident Protection Package, which includes on-demand pest service, bimonthly filter deliveries, and property liability coverage up to $100,000 – all at no cost to our owners! Owners can also take part in our Eviction Protection Plan and Preventive Maintenance Program, which can potentially save you thousands of dollars down the road. FRPM also believes in education; many of us belong to NARPM, the National Association of Residential Property Managers. Idaho currently is one of the few states that has no licensing requirements or any governing body overseeing property managers, which is why an organization like NARPM is so essential to Idaho property managers. NARPM is a professional organization that promotes education and networking as a resource to empower its members with knowledge and skill. First Rate Property Management is committed to ongoing education and high professional and ethical standards. The result is quality service for you and the community!

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Summary of our Professional Management Services in the Boise Area

  • Market Analysis and Projections

    First Rate Property Management conducts a market analysis for each of our properties. We subscribe to services, who accumulate rental data to assist us in creating comparable market analysis and other research to maximize rents, yet minimizing vacancy.
  • Tenant Screening

    Proper tenant screening can make a difference in how your property performs and how happy you are as a landlord. You don't want to go with a company that just accepts a tenant who shows up with cash. That's why First Rate Property Management's screening criteria are one of the highest in the area. Credit reports, criminal background, employment verifications, and prior rental references are thoroughly checked. Our eviction rate is less than one-tenth of one percent. Feel free to check out our rental application to see what information we collect and the rental criteria.
  • Payment of Expenses

    At no additional charge, we will gladly pay any or all property related expenses to include the owner's mortgage, hazard insurance, property taxes, and HOA dues. Copies of any bills or invoices are scanned and posted to our client's online statements.
  • Online Accounting

    First Rate Property Management deposits your monthly proceeds directly into your checking account. You can review your account anywhere in the world 24/7 by logging onto our secure site. Your monthly statements are posted on the site and all support documentation and copies of any bills are scanned and posted for your review.
  • Reasonable and Dependable Maintenance Services

    Due to our volume, First Rate Property Management is able to get many professional services at discounted prices. For example, we get the carpet for less than most builders. Additionally, First Rate Property Management's system emails you a copy of any work order generated, so you know when work is being done. First Rate Property Management has a 24-hour emergency hotline for tenants to use in the case of an emergency.

    Additionally, our maintenance FAQs includes photos and videos which help our tenants properly troubleshoot maintenance issues, so that a service call is not necessary. This saves our investor clients' money.

    Lastly, we encourage all of our investors to compare the costs of in-house maintenance versus our long list of sub-contractors. We went to this system because it is cheaper and more flexible in making tight deadlines.

  • Detailed Move-in and Move-out Inspections

    First Rate Property Management conducts a thorough move-in and move-out inspection that includes a detailed report and a minimum of 50 photos. The owner receives the results of the move-out inspections via email to include photos along with our recommendations of what maintenance is needed prior to the next tenant residing at the premises. We perform each inspection as if we were headed to court, so that on the rare occasion that we do go to court, our superb documentation should prevail.
  • Enforcement of Lease Covenants

    Surveying your rental property is just something that needs to be done. At the same time, we also want the tenant to feel like the rental is their home. We want to minimize any interference with their peaceful enjoyment of the home. We have learned over the years that the more we leave the tenants alone, the longer they tend to stay.
    With that said, there are times that a survey is needed. First, let us explain all that we do to make sure that your home is well taken care of, and then explain the process for additional surveys. When we take the property on, we conduct an initial survey which generally includes a written report and photos. Next we conduct move-in surveys and move-out surveys with all tenants. The property owner receives a written report with photos after each and every move-out survey.
    Additionally, we conduct exterior surveys 12 times per year or roughly once a month. If an exterior survey suggests any reason to be concerned, we will give notice to enter and survey the interior. Also, if the tenant fails to pay rent and fails to communicate to the office, we give notice and survey the interior. If minor infractions are found, the tenants are served with a warning notice and a follow-up inspection is scheduled. Better yet, we leave a huge THANK YOU note on the door if the tenant is taking amazing care of the home or apartment.
    And lastly, all of our vendors are trained and required to report any cleaning or damages to the property when they provide service. With all that said, if the property owner wants a survey, we will do it at no additional cost to the owner. But this needs to be within reason. Like we said above, we don't want to constantly bother the tenant if they are fulfilling all terms of the rental agreement.
  • Pre-Leasing

    First Rate Property Management advertises upcoming vacancies between 30 and 45 days prior to the tenant vacating the property. Our average Days-On-Market is below 30 days. By pre-leasing, we save our client anywhere between $750 - $1500 in Lost Rent expense.
  • Newsletters/blog

    Each quarter our owners are emailed a newsletter with up-to-date information on the rental market, as well as changes and improvements we make in our processes. Many of our owners have also subscribed to our blog and receive updates as we post important information about the Boise rental and investment real estate market.
  • Handle All Complaints

    Probably one of the biggest causes for Landlords to sell and run away from rentals is dealing with tenant complaints, excuses, or lack of attention to the property. We handle these for you so you don't have to. All of our employees have been trained on dispute resolution and have great success creating a win-win situation.
  • Service Locations

    By limiting our services to the Boise, Meridian, Eagle, Garden City, Nampa, Kuna, & Caldwell areas we aren't wasting our time in the car traveling all across the countryside. Our office is centrally located and we can get to our properties quickly.
  • Advertising

    For over a decade, First Rate Property Management's website has dominated the search engines for the Boise area. In more recent years, the search engines have been more frequently changing their algorithms, so we are continuously updating the sites we focus our ad dollars on to keep up with current trends.
  • Specialization

    First Rate Property Management specializes in the professional management of residential rental homes and small apartments, such as duplexes, four-plexes, and small apartment buildings that do not require a resident manager.
  • A Lease That Protects You

    The Residential Lease speaks for itself. We used to say that our rental agreement is the best rental agreement in the area, but since so many companies have copied it nearly word for word, we no longer can say that. Regardless, our rental agreement has not been beaten in court yet.
  • Consulting

    During our onboarding of a new property, First Rate will make suggestions of low-cost improvements to the dwelling that will increase rents as well as value and decrease liability. If you are a current owner looking to expand your portfolio, we can refer you to real estate agents that have experience in rental properties to ensure you get realistic answers and positive cash flow.
  • Showings

    Our agents physically meet tenants at the property and drive a clean and professional company car. Our properties show well, so the combination of our professionalism and rent-ready properties makes closing the deal much more successful.

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Eagle Area Info

Discover Eagle

The Treasure Valley includes five counties with a combined, estimated, population of 761,680, the most populous metropolitan area in Idaho. It contains the state's three largest cities; Boise, Nampa, and Meridian, and is the 75th most populous metropolitan statistical area in the United States.

Located 10 miles Northwest of downtown Boise, Eagle had a population of 30,346 at the 2020 census. That’s a growth of 52% from the 2010 census! Take a swim or enjoy a hike at Eagle Island State Park, then go to dinner at one of the quaint restaurants in downtown Eagle. It’s no wonder Eagle is part of one of the fastest-growing population areas in America!

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