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 ...

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 ...

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...

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...

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%. Ada County single fam...

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. The number of construction jobs in Idaho did reach a nine-year high at 44,500 in February, but the sector has been shedding jobs each month since then and hit 42,900 in May, according to the...

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? 4 Ways to Protect Yo...

1. Be kind. There’s a quote by Maya Angelou that just seems to ring more true as the years go by: “I’ve learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.” One of the first things we learn as kids is to play nice—to share...

Ada & Canyon county vacancy rates on average decreased from 4.0% in Q4 to 3.7% in Q1 of this year. The largest decrease being single family homes in Ada County going down 1.4%. Canyon County single family vacancies decreased by .8%. Multifamily vacancies in both Ada and Canyon County combined decreased .5%. Ada County single family ...

Inflation is defined as, “a general increase in prices and fall in the purchasing value of money.” Your money doesn’t go as far — simple. The $30k you made at your job 10 years ago and lived comfortably with barely gets you by now. You can’t control inflation (the Federal Reserve does that) and the government has doubl...