Boise Apartments Still Booming

By Tony Drost Monday, April 23, 2018

Moe Therrien with Valbridge Property Advisors recently submitted his quarterly survey. This is a very thorough report that includes historic data on rents and vacancy by bedroom count. Additionally, it breaks down apartments from those with full amenities, Boise downtown, a...

FRPM Vacancy Update

By Melissa Sharone Tuesday, February 27, 2018

2 months in to the 2018 rental year we are still seeing low vacancy. FRPM vacancy right now is 1.12% which is slightly higher than our rate in January but still low compared to the national average. We are seeing lots of activity on the rental side with increased amou...

What to Expect in the Rental Market in 2018

By Tony Drost Tuesday, February 6, 2018

Recently Forbes Real Estate Council posted an article, titled, Four Trends that Will Impact Rental Markets in 2018, and we have included the full text below. The article below was written by Nathaniel Kunes with AppFolio, which is a property management software. We en...

New Tax Plan and You!

By Kurtis Tarbet Friday, February 2, 2018

As of January 1, 2018, there are some major tax changes that small businesses and property owners can get excited about! To start the list off is the new Pass Through Tax Deduction. This new deduction, if eligible, can reduce your passive taxable income by 20% right off the bat, ...

4th Quarter Vacancy and Rental Rates Are In

By Melissa Sharone Thursday, January 18, 2018

The Southwest Idaho Chapter of Narpm just completed its 4th quarter Vacancy Survey. The resutls show a slight increase in vacancy but rental rates are still going strong. The overall vacancy for the treasure valley is still pretty low compared to past years. The...

Maximizing Rents – Part 2 - What you should consider

By Melissa S. Tuesday, January 3, 2017

In Part 1 of this blog series, Melissa explained reported rents are not effective rents. There could be back-end concession or other facts that overstate rents. Landlords should always have their property manager provide a market analysis before considering changes.In...

Maximizing Rents - Part 1 - What You See May Not Be What You Get

By Melissa S. Monday, January 2, 2017

Like many parts of the county, the Boise area is seeing record high rents and low vacancies. Rents within our own management portfolio grew well over 10% on average this year. At some point, the rental market should stabilize. In the meantime, it is not unreasonable for landlords...

Insurance Companies Drop Properties with Section 8 Tenants

By Melissa S. Sunday, January 1, 2017

Attached is a report that was forwarded to me from a local fair housing advocate. Evidently there are federal complaints that allege that, once insurance providers become aware of the presence of Section 8 tenants at an insured property, they have either canceled the existing pro...

Instant Tenant Screenings Are TV Dinners

By Melissa S. Sunday, January 1, 2017

In the past, we've discussed many technology changes within the property management industry. These changes in general reduce a manager's workload and help facilitate that need for something "instant." Instant and online screening are good examples of where tech...

Who's #1 in Residential Income Properties

By Melissa S. Sunday, January 1, 2017

It was just over ten years ago that I joined Swope Investment Properties. Prior to joining Swope Investment Properties, I, through First Rate Property Management, managed many of Mike Swope's properties. Mike and I had also invested in some four-plexes together. It's...

First Rate Property Management Blog

Boise Apartments Still Booming

FRPM Vacancy Update

What to Expect in the Rental Market in 2018

New Tax Plan and You!

4th Quarter Vacancy and Rental Rates Are In

Maximizing Rents – Part 2 - What you should consider

Maximizing Rents - Part 1 - What You See May Not Be What You Get

Insurance Companies Drop Properties with Section 8 Tenants

Instant Tenant Screenings Are TV Dinners

Who's #1 in Residential Income Properties

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