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Property Management Blog

Friday, November 30, 2018

Why Owners Love HomeRiver Group Property Management
Why do landlords choose to manage their own properties? The goal is often to save money, but does it actually work? Let’s check the math.Meet Mike.Mike moved out of state for a new job. He wanted to keep his house as a rental property and decided he would try to rent it out himself. After several weeks, his house sat vacant.  ...

Monday, October 29, 2018

SW IDAHO NARPM VACANCY REPORT Q3 2018
Property Management Blog
Data from a total of 17 property management companies were included in the survey results, which accounted for a total of 6,772 homes: 2,145 single-family and 4,627 multi-family.  Ada & Canyon county vacancy rate increased just slightly from 2.0% in the second quarter of 2018 to 2.2% in the third quarter of this year. Overall th...

Wednesday, October 3, 2018

Apartment Rents Continue to Rise
Property Management Blog
  - CNBC  | Diana Olick  Buying a home is continues to get more expensive, thanks to drastic increases in both prices and mortgage rates. That is shooting up demand for apartment rentals and, in turn, pushing rents higher.Rents in the third quarter of this year were up 2.9 percent compared with a year ago, ac...

Tuesday, September 18, 2018

SW IDAHO NARPM VACANCY REPORT Q2 2018
Property Management Blog
Data from a total of 15 property management companies were included in the survey results, which accounted for a total of 7,091 homes: 2,715 single-family and 4,376 multi-family.  Ada & Canyon county vacancy rates decreased from 3.6% in the first quarter of 2018 to 2.0% in the second quarter of this year. Overall the largest vaca...

Monday, August 6, 2018

Potential Rent Control Could Mean A Big Exit in the Right Market
Property Management Blog
Photo by Jordan Rowland on UnsplashDoes the recent upsurge in rent control initiatives and advocacy mean I could be making MORE selling my current residential investment property? Does that seem upside down? Don’t forget, there are two sides to every coin.Lawmakers and rent control advocates are currently working to repeal state law...

Monday, July 2, 2018

Find the Holy Grail of Real Estate Deals
Property Management Blog
If you’ve seen the iconic film Indiana Jones and the Last Crusade, you’ll recall the climactic scene where Indy needed to pass four tests in order to retrieve the Holy Grail. The margin for error was razor thin, and the stakes were high. One wrong move and he would have failed the test and lost everything, including his head (...

Tuesday, June 26, 2018

Pets are the new kids in U.S. apartments
Property Management Blog
A couple of autumns ago, an employee at RealPage, a leading provider of cloud-based software to the multifamily property management industry, awoke to the piercing screech of the fire alarm in his Dallas apartment community. Residents dashed outside as firefighters rushed in.It was an odd sight: hundreds of people in their jammies and bat...

Thursday, June 14, 2018

Andy Propst Interview
Property Management Blog
Our very own Andrew Propst, CEO of HomeRiver Group Boise, had the great opportunity to interview with Jordan Muela, CEO of Lead Simple. Jordan hosts a podcast that is dedicated to the property management entrepreneurs that refuse to settle in life and business. Read and listen below to tune into Andy’s episode: Managing the Balance ...

Tuesday, June 5, 2018

Idaho Tenant Eviction Process: What to Know | Property Management Tips
As landlords, we know that there may be a time when tenants are unable to pay their rent, for multiple reasons. When this happens, it’s nice to have some guidance on what to do next. If you have a non-paying tenant and you believe all collection avenues have been exhausted, you need to pursue legal eviction and force the tenants to ...

Tuesday, May 29, 2018

Investment Inventory Flatlined? Go Vertical!
Property Management Blog
In 2010 I had an epiphany. That lightbulb moment led to us adding more than 4,000 new construction doors to our property management company in one market over the next eight years. As many of you can attest, 2010 was a rather dismal year in the overall economy as well as the housing market. And since there were so few interested buyers, ...

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