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First Rate Property Management Blog

SW Idaho NARPM Vacancy Report Q3 2020

Blog Post SW Idaho NARPM Vacancy Report Q3 2020
View Report Here Quarter 3 Vacancy Report from the National Association of Residential Property Management indicated that Canyon and Ada County both had a slight increase in vacancy since quarter 2. Less than ½ a percent, but an increases none the less.  Of these vaca...
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Eviction Ban Moratorium - What You Need to Know

Blog Post Eviction Ban Moratorium - What You Need to Know
On the 1st of September, the Center for disease Control and Prevention (CDC) issued a nationwide moratorium to protect individuals from eviction upon non-payment of rent until the end of 2020. This order went into effected in the Federal Register on Friday, September 4.Under the ...
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NARPM SW Idaho 2nd Quarter Vacancy Report

Blog Post NARPM SW Idaho 2nd Quarter Vacancy Report
The National Association for Residential Property Management; SW Idaho Chapter to have a 4.14% Vacancy for Q2 of 2020. The industry has been stagnant since Q1. Similar to last quarter, landlords are wanting to be proactive and anticipate a potentially higher vacancy. In order to ...
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Maintenance by Season

Blog Post Maintenance by Season
When looking at routine maintenance, proper planning can save time and energy. There are different projects a property manager or Landlord can focus on, depending on the time of year.  Planning and setting the expectations with the vendors prior to the work starting will hel...
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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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