Pros and Cons of Airbnb

By Jim Sharone Wednesday, May 1, 2019

Recently the Idaho Statesman published an article, How Airbnb hurts Boise's affordable housing: 'It has driven up rental prices', which spiked some interest from our rental property owners. The gist is that much of the affordable housing is being conv...

1st Quarter Vacancy Update!

By Melissa Sharone Monday, April 29, 2019

The SW Idaho Chapter of NARPM just released their 1st quarter vacancy report. It shows that vacancy overall is up from 3% to 3.4%. This is pretty typical for this time of year. The activity for rentals has definitely picked up in the last few months. The market is heating for sin...

Boise Rents Support High Prices

By Tony Drost Monday, April 15, 2019

Monthly, I calculate some key performance indicators to get an idea of where the market is trending within Ada County (Boise area). In my opinion, the market remains strong with no flags of trouble. Pricing:On average, we're seeing 4 plexes sale at about $140,000 per d...

FRPMs Operations Manager Receiving Residential Property Manager Certification!

By Julie Tollifson Friday, April 12, 2019

FRPMs very own Operations Manager, Jim Sharone, received his Residential Property Manager (RMP®) Certification awarded to him by the National Association of Residential Property Managers (NARPM®), Southwest Idaho chapter! We are proud to have such an experienced, professi...

First Rate Metric Update

By Melissa Sharone Tuesday, April 9, 2019

We wanted to take a moment to update you on some metrics that First Rate tracks to help keep you updated on the market and any new trends that are headed our way. With the first quarter completed for 2019, things are looking great!Vacancy – 1.85%- It happens to be...

Virtual Tours with 360 Cameras

By Jim Sharone Tuesday, April 2, 2019

We recently made an investment to improve our marketing for upcoming rental units. While this will supplement our current marketing plan, we feel that this new technology will add a great deal of value to our prospective tenants and property owners, while injecting a little fun!P...

Your Gift Horse Has Been Delivered!

By Melissa S. Friday, March 29, 2019

On 3/22/19 the Federal Reserve Open Market Committee, which sets short-term interest rates, declined to raise rates. Further, it appears the Fed’s current disposition is to not raise rates in the near-term. NYT 3/20/19:Forecasts released at the end of the two-d...

The Value of Employee Development

By Julie Tollifson Monday, March 18, 2019

As a successful property management company not only in the Boise area but among many property managers in the nation, First Rate Property Management understands the importance of continuous improvement. In fact, our company's vision statement is, "Maintain recognition a...

Blog and Vacancy Update!!

By Melissa Sharone Wednesday, March 13, 2019

New Blog: We have moved our blog to a new site. Please click the link below to subscribe to our new blog. This link will take you to our new site and you will see the subscribe box on the right hand side of the page. Just type in your e-mail and hit subscribe. It will...

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&...

First Rate Property Management Blog

Pros and Cons of Airbnb

1st Quarter Vacancy Update!

Boise Rents Support High Prices

FRPMs Operations Manager Receiving Residential Property Manager Certification!

First Rate Metric Update

Virtual Tours with 360 Cameras

Your Gift Horse Has Been Delivered!

The Value of Employee Development

Blog and Vacancy Update!!

Metric Trends

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