First Rate Property Management Blog

Should You Put Your Rental in an LLC?

Blog Post

By Melissa Sharone Friday, July 28, 2023

Deciding whether to put your rental property in an LLC (Limited Liability Company) is a personal choice that depends on various factors. Here are some considerations to help you make an informed decision:Liability Protection: One of the main reasons to form an LLC for rental prop...

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Smart Home Technology in Rental Units

Blog Post

By Jim Sharone Friday, July 14, 2023

Smart home technology in rental units can offer various benefits to both landlords and tenants. Here are some considerations regarding the use of smart home technology in rental properties:Enhanced convenience: Smart home devices, such as smart thermostats, locks, lighting system...

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Analyzing the Decrease in Rental Prices in the Treasure Valley

Blog Post

By Kat K. Friday, July 7, 2023

The rental market in Boise, Idaho and surrounding areas has been known for its steady growth and increasing rental prices. However, in this blog post, we will explore the current trend of decreasing rental prices in the valley. While rental markets can be dynamic and subject to v...

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The Importance of Effective Communication in Property Management

Blog Post

By Melissa Sharone Friday, June 23, 2023

Communication is of utmost importance in property management for several reasons. Here are some key points highlighting the significance of Excellent communication in this field.Tenant-Landlord Relationships: Effective communication fosters strong relationships between property m...

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De-escalation Tips In Property Management

Blog Post

By Angiee A. Friday, June 16, 2023

Managing rental properties can come with its fair share of challenges, including conflicts and tense situations with tenants. As a landlord, it's crucial to handle these situations with professionalism, empathy, and effective communication skills. De-escalation techniques can...

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Exploring the Current Rental Market in Boise, Idaho

Blog Post

By Kat K. Friday, June 9, 2023

Boise, the capital city of Idaho, has witnessed a remarkable transformation in recent years, emerging as a popular destination for individuals and families seeking a vibrant and affordable place to live. With its stunning natural surroundings, a thriving economy, and a rich cultu...

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Importance Of Power Washing Your Rentals

Blog Post

By Jim Sharone Friday, May 26, 2023

Power washing plays an important role in property management for various reasons:Maintenance of common areas: In multi-unit properties, there are usually common areas such as sidewalks, driveways, parking lots, and building exteriors that require regular cleaning. Power washing c...

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Importance of TikTok's, Facebook and Instagram Reels for your Business

Blog Post

By Angiee A. Friday, May 19, 2023

TikTok Videos, Instagram Reels and Facebook Reels can be highly beneficial for promoting your business. Ever since TikTok gained popularity it has forced Instagram and Facebook to create their own short-form video features, known as Reels. If your business is not using Reels, you...

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Blueprint for a Renters Bill of Rights - What does that mean for tenants and owners?

Blog Post

By Angiee A. Friday, May 12, 2023

The White House announced a plan to promote rent affordability and strengthen tenant protections, including a non-binding "Blueprint for a Renters Bill of Rights." The plan involves federal agencies gathering data to inform future policy, while state and local governmen...

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Pricing Your Rental Property

Blog Post

By Kat K. Friday, May 5, 2023

Pricing your rental property can be a tricky task, as there are several factors to consider that can affect the final price. As a landlord, you want to set a price that will attract quality tenants and maximize your rental income. Here are some tips to help you price your rental ...

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