First Rate Property Management Blog

Tenants are Important

Blog Post

By Melissa S. Sunday, January 1, 2017

When I was first interviewed at First Rate, I was asked, “Who do you think is the most important; our property owners, our vendors, or our tenants?” Would they want me to say the property owners?   After all, it’s the management fees that pay the bills. &nb...

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Boise Idaho Top Ten Cities to Live In

Blog Post

By Melissa S. Sunday, January 1, 2017

Boise Ranked in Top Ten According to the Wall Street Journals' Digital Network, the organization called Relocation America has ranked Boise, Idaho as a top ten city to live in the United States.  Please click on the link below to read more.http://www.relobook.com/?p=111F...

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Vacancies and Evictions in Boise Idaho

Blog Post

By Melissa S. Sunday, January 1, 2017

First Rate Property Management VacancyOur vacancy rate for the first week of 2012 is 1.2%, compared to 2.4% last year at this time. The average vacancy rate in 2011 was 2.7%, compared to 3.7% in 2010. Click image to enlarge EvictionsFirst Rate Property Management recently took ov...

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Embezzlement, Boise Idaho Vacancy Rates & Our Readers

Blog Post

By Melissa S. Sunday, January 1, 2017

When it Comes to Embezzlement, Property Management is Risky Business:Attached is an article that ran in the Idaho Business Review earlier this week. For the most part, I agree with much of what is said. Is there an epidemic of embezzling going on; I don't think so. Is there a...

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Social Media is about People/Boise Rental Vacancy Rate Update

Blog Post

By Melissa S. Sunday, January 1, 2017

Social Media is About PeopleFirst Rate Property Management participates in some social media.  By no means do we use social media as much as the marketing experts would like us to.  From what little social media we have done, we have had very little results.  Howev...

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Builders Capitalize on Low Inventory Levels

Blog Post

By Melissa S. Sunday, January 1, 2017

The demand to rent is high. Interest rates remain low. Investors realize that the bottom has come and gone and values are now improving. Gee, if they had only been reading my blog, they would have known to buy months ago. And lastly, inventory levels are very low. The combination...

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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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