The holiday season is officially upon us. There are few things more exciting than decorating your home for the holidays, putting up the lights, and decorating the tree. As property managers, we always want our residents to feel at home! We also need to ensure that our owner's properties remain in good condition and minimize any maintenance issues. Aside from checking your lease and complying with … [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]
Fall has officially arrived! Our favorite season! The mornings are feeling cooler, the days are getting shorter, and there are pumpkins everywhere. You'll likely spend more time indoors as the temperatures drop. As you snuggle up on the couch with some hot cider, you may look around and realize it is time to tidy up your rental. Spring gets all the credit for the "cleaning season"; however, we … [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]