First Rate Property Management Blog

RENTAL DEMAND IS GREAT. IS DEMAND TO BE A PROPERTY MANAGER GREATER?

Blog Post

By Melissa S. Sunday, January 1, 2017

Below are two posts.  The first talks about the demand to get into the property management business and the second is about the growth of existing property management companies.Newbie Property ManagersAs the demand to rent improves, many try to capitalize and become property...

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BOISE IDAHO BEST IN US REAL ESTATE RECOVERY

Blog Post

By Melissa S. Sunday, January 1, 2017

Vacancy Rate First Rate Property Management's current vacancy rate is 2.4%, this is way down from previous year’s numbers at this time. Boise Area Real Estate Market Best in Country According to a national real estate research company, Boise and the surrounding communit...

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BOISE, A BETTER PLACE TO OWN A HOME

Blog Post

By Melissa S. Sunday, January 1, 2017

Good News for Boise Homeowners:Below is a link to an article from StateImpact, written by Molly Messick.  I was attending a Lead Based Paint class, when my phone lit up and I saw, "Worst Place to Buy.....Boise", come across the screen.  I will admit, I couldn&...

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Disparate Impact to Fair Housing

Blog Post

By Melissa S. Sunday, January 1, 2017

Boise Idaho Residential Vacancy RateCurrently First Rate Property Managements vacancy rate is 1.2%. This is the 20th week in a row that we have had vacancy rates under 2%.Click to enlarge... Fair HousingBelow is an article in yesterday's Wall Street Journal which addresses ch...

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TREASURE VALLEY RENTAL MARKET A TOUGH NUT TO CRACK

Blog Post

By Melissa S. Sunday, January 1, 2017

All Saved Up with Nothing to BuyBelow is an article from the Idaho Business Review that sums up the Boise area investment market fairly well.  Interest rates, low vacancy, higher rents, and low inventory has boosted consumer confidence.  However, there is little on the ...

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BOISE IDAHO FOURPLEX COMPLEX DILEMMA

Blog Post

By Melissa S. Sunday, January 1, 2017

New WebsiteFor a decade First Rate Property Management's website dominated the Search Engine Optimization.  Google makes changes to their algorithms to prevent cheaters, and perhaps for personal reasons, such as using their own website building tools and pay-per-click ca...

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Second Home Rentals

Blog Post

By Melissa S. Sunday, January 1, 2017

Earlier this week I attended a meeting where the guest speaker was Arla Kester, CPA with BA Harris and Associates. Arla provided information on many of the new tax laws as well as some general tax issues. I thought I would disseminate some of the most relevant information over th...

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Who Says Buying is Better than Renting?

Blog Post

By Melissa S. Sunday, January 1, 2017

Below is a link to an article stating that buying is cheaper than renting.  All of us that invest in rentals pretty much had that figured out.  Initially the article sites national numbers that really don't come close to Boise numbers. The article states that within...

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Keys to Excellence

Blog Post

By Melissa S. Sunday, January 1, 2017

Last week, Lizz Loop, MPM® RMP® and I attended the National Association of Residential Property Managers Annual Convention in San Diego.  I taught a designation class on Owner/Client Relations, which is something I like to think FRPM does very well.  I contribut...

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Hoarding Defined As A Disability?

Blog Post

By Melissa S. Sunday, January 1, 2017

The article below covers hoarding as a possible Fair Housing issue.  Apparently if a tenant is diagnosed as a hoarder they would have housing protection due to this newly discovered handicap.  The problem is hoarding can be dangerous to the occupants and surrounding ten...

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