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Monday, April 16, 2018

April Multi Family Vacancy Report

We are thrilled to have had another chance to attend this year's IREM (Institute of Real Estate Management) Multi-Family Housing Luncheon. Mountain States Appraisal and Moe Therrien, with Valbridge Property Advisors, collected data from local property management companies throughout the Treasure Valley to compile this year’s multi-family vacancy report. Take a look at the attached report to review the data.  Read More »

Friday, April 06, 2018

What to Do if My Tenant Does Not Pay Rent | Boise, ID Property Management Tips

Many owners ask what to do when they have a tenant not paying rent. Today, we’re answering that question and reminding you that first, you never want to assume that rent has not been paid. Whether you’re a professional property manager or the owner of a single family residence or a multifamily home, follow these guidelines before going to the next level.  Read More »

Thursday, March 08, 2018

Benefits of Routine Rental Inspections for Your Boise, ID Investment

A rental inspection is critical for the successful management of your investment property. Some people call them surveys or reviews, but we’re talking about the importance of entering your property at regular intervals during the tenant’s lease term. There are three specific reasons that these inspections are necessary.   Read More »

Friday, February 09, 2018

Kidnapped by Russian Mobsters and How to Manage 13,000 Rental Units with Andrew Propst

Check out this podcast done by our very own Andrew Propst! Believe it or not, our Park Place Property Management President lived through a terrifying experience at young age. After being kidnapped in Russia, he lived to tell the tale, and even went on to invest in rental real estate in a big way! Andrew shares his key insights to finding incredible property managers, and solid tips for profitability managing your own tenants. He also offers excellent tips for finding great real estate deals!  Read More »

Tuesday, January 30, 2018

The Best Way to Reduce Rental Property Maintenance Costs | Boise, Idaho

Reducing the maintenance costs for rental property is a goal for most landlords and property managers. Today, we’re talking about some of the ways you can save on your maintenance expenses. For most property owners, this immediately means trying to save on parts, and getting supplies cheaper. It’s true that you can do things like that to save money, but there are other things to consider.  Read More »

Thursday, January 25, 2018

Four Trends That Will Impact Rental Markets In 2018

As we embark on 2018, there is a multitude of changes and trends in the real estate market that will impact all aspects of the rental industry, and it’s important for real estate professionals to explore them. From investors keying into market growth areas to property managers making adjustments to meet tenant expectations, creating strategies that align with market trends will lead to greater success in 2018 and beyond.  Read More »

Friday, October 06, 2017

10 Reasons You Need A Property Manager

Many aspiring landlords believe that owning rental property will be a dream come true. You get to sit back and collect the rent — automatically of course — while your tenants take the utmost care of your property and look after it as though it were their own. You retire to a beach in the Caribbean, and the tenant continues to occupy the property forever.   Read More »

Tuesday, July 18, 2017

SW Idaho Q2 Vacancy Report

Ada & Canyon county vacancy rates on average decreased again from 3.7% in Q1 to 3.5% in Q2 of this year. Overall the largest decrease was in multifamily units in Ada County which went down 1.3% this quarter. The second largest decrease in vacancy rates was Canyon County single family homes which went down by.8%.  Read More »

Saturday, June 17, 2017

Construction is Slowing Down in Idaho

The heady days of 2015 and 2016, where Idaho frequently led the nation with double-digit growth in construction jobs, seems to have tempered in 2017.  Read More »

Wednesday, May 24, 2017

4 Ways to Survive Future Real Estate Market Crashes

The real estate market may be very healthy compared to what it was five years ago, but that doesn’t mean we’re in some sort of eternal bliss. There will be rough patches ahead — and likely a couple more crashes in your lifetime — but how can you as an investor safeguard yourself against them?   Read More »

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