The Southwest Idaho Chapter of the NARPM(National Association of Residential Property Managers) has released its findings from the Q2 Vacancy and Rental Trends survey. The report is as of June 30, 2021. This survey tracks key performance indicators and market trends for single and multi-family homes in the Ada and Canyon County region. There are a total of 9,740 units managed between the counties … [Continue reading]
Managing the property of clients can be very rewarding. As professionals, we always have the best interest of our clients in mind. We must also consider many factors, such as awareness of all of the potential risks we may face and how to protect the business. The risks may vary but can include vandalism, theft, legal and/or lawsuit compensation, fire, and so on. Having adequate insurance coverage … [Continue reading]
It's perfectly natural for most first-time renters do not understand the benefits of renters insurance. Most think the insurance that the landlord has on the dwelling will cover them. After all, they don't own the home they are living in. But unfortunately, they are wrong. Rental Dwelling Policy's only cover the home itself on behalf of the homeowner. Not the renter. The renter must get renters … [Continue reading]
The 4th Quater National Association of Residential Property Managers (NARPM) vacancy survey has been published. The data the survey collected indicates that the trends in Ada & Canyon county vacancy rates increased .17% from 1.66% in the third quarter of 2019 to 1.83% in the fourth quarter of 2019. Ada County increased .02% and Canyon County increased .54% this fourth quarter of … [Continue reading]
Do you wonder how you can build your credit as a renter? Have you ever heard the saying; you must have credit to build credit? In order to get a loan, you need credit history; however, the only way to build credit history is to take on debt with credit cards and/or loans. What if your one of many who do not want to start off in debt in order to build your credit? Here at RentWise Property … [Continue reading]
Hiring a property manager can be similar to car shopping. Is it big enough? Small enough? How much maintenance will be needed, how much will it cost me? It can be time-consuming and at times tedious but both are typically large investments that need thorough consideration. So how are you supposed to know what you should ask a potential property manager? After being in this industry for over 8 … [Continue reading]