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...
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 ...
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 ...
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, ...
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...
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...
“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, ...
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...
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...
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...
