The general rule of thumb when it comes to plumbing freezing in the winter is that if the temperature outside drops below 32°F (0°C), the pipes inside your home may be at risk of freezing. If the temperature drops significantly lower than that, such as in the teens or single digits, it's even more likely that your plumbing could freeze. Generally, a frozen pipe can burst in as little as a … [Continue reading]
Each quarter the NARPM Southwest Idaho Chapter conducts a vacancy survey with data sourced from local property management companies! This is to help investors gauge property performance and vacancy rates in the respective county that their rental properties are in. The Southwest Idaho Chapter of the NARPM(National Association of Residential Property Managers) has released its findings from the … [Continue reading]
You've decided to turn your property into a rental home. Hooray! Self-managing your rental properties may often seem like an easy task & a good idea. However, you may soon realize that managing a rental property involves a TON of work and a time commitment many investors do not have. When you decide to self-manage, essentially, you become the "everything" person. What does that mean? You … [Continue reading]
It's no secret families with children and pets are ideal long-term tenants. Once families begin to expand, it is difficult for them to unnecessarily move from one place to the next every year or so. Recent statistics show that families generally stay put on average for three years. Those are great odds for rental property investors. When searching for their next home, families typically have a … [Continue reading]
Do you own a rental property in the Treasure Valley in Idaho? The overall vacancy rate between Ada & Canyon counties is at an all-time low of 1.67%! Although the vacancy rate is historically low, your rental property will become vacant at one point or another. However, you may not have considered that a vacant home is a desirable target for thieves, crime, and vandalism. Empty homes are … [Continue reading]
Undoubtedly, living at any property, you can expect things to break from time to time. Do you know what is considered an emergency maintenance situation? Sometimes, it can be undeniable in situations such as a severely leaking roof causing it to rain outside and inside your home. This certainly qualifies as an emergency, and requests must be submitted quickly. Other times, it may seem unclear as … [Continue reading]