The National Association of Residential Property Managers (NARPM) Q3 reports show the vacancy and rental rate trends amongst single-family homes and multi-family units in the Ada and Canyon County area. The NARPM collected data indicates vacancy rates increased .33% from 4.3% in the second quarter of 2020 to 4.63% in the third. Ada County increased by .41%, and Canyon County also showed an … [Continue reading] about NARPM Q3 2020 Vacancy Survey
Paying rent online has become the norm across the board these days however; the convenience of doing so comes at a cost for most tenants. While we here at Rentwise can't control what the credit card companies and banks charge we do our best to mitigate any expenses we can. We do not upcharge these fees or charge any other fees related to paying rent online so having options is just one way we try … [Continue reading] about Paying Rent Online
What will my property rent for? The most asked question of any property manager I would venture to guess. (It's either this or how much do you charge? That is an entirely different blog) Every investment transaction hinges on this factor so you can imagine how important it is to have the most accurate information as possible. We know there are a plethora of resources on the internet to assist any … [Continue reading] about What will my property rent for?
This quarters NARPM survey was published a little later than expected but the numbers are in and they are interesting. This year has been curious to say the least and housing is just one area that has been affected by this years pandemic. 19 property managers participated in this quarters survey of almost 7,700 single family and multi-family properties throughout our Treasure Valley. Take a look … [Continue reading] about NARPM Q2 2020 Vacancy Survey
RentWise Property Management has rolled out a new benefit bundle package that was designed to provide protection and convenience to all our tenants. This program is meant to ultimately save our tenants time and money. We have partnered with three companies to provide you with some great products. The benefit bundle will be billed on your account each month that includes property liability … [Continue reading] about Tenant Benefit Bundle Package
Forbearing rents during these uncertain times has been a top subject matter in our industry these last few weeks. Should an owner offer a forbearance, should they offer rent discounts or should they do nothing? Here at RentWise, we believe that preparation is the key to getting through this pandemic and economic struggles our community is facing so we are handling the issue head-on to ensure our … [Continue reading] about Forbearing rents in these uncertain times