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Property Management Blog

Tuesday, May 8, 2018

SW IDAHO NARPM VACANCY REPORT Q1 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 7348 homes: 2428 single-family and 4920 multi-family. Ada & Canyon county vacancy rates increased just slightly from 3.3% in the fourth quarter of 2017 to 3.6% in the first quarter of this year. Overall the larges...

Monday, April 30, 2018

Top 5 Ways to Advertise Rental Property in Boise, ID | Property Management Advice
Understanding how to advertise a rental property will help you find a great tenant faster. There are five specific things you want to include when you advertise a rental property, and we’re sharing those today. Advertise Your House for Rent: PicturesPictures of the units are critical to any rental ad, and you want to make sure the p...

Wednesday, April 25, 2018

Exciting news from HomeRiver Group Boise! We made it into the Idaho Business Review! Check out the a...
Property Management Blog
“The Park Place Property Management name was retired March 31 as the former Meridian-based company rebranded to HomeRiver Group. The company rolled out the new name on Treasure Valley company vehicles, stationery and the Meridian office in April. The two-year-old HomeRiver Group is the result of a March 2016 merger of Park Place, ...

Sunday, April 15, 2018

April Multi Family Vacancy Report
Property Management Blog
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-f...

Thursday, April 5, 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 bef...

Wednesday, March 7, 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. Set Ex...

Thursday, February 8, 2018

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

Monday, January 29, 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 ...

Wednesday, January 24, 2018

Four Trends That Will Impact Rental Markets In 2018
Property Management Blog
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...

Thursday, October 5, 2017

10 Reasons You Need A Property Manager
Property Management Blog
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...

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