What is a Notice to Quit in Idaho The Notice to Quit in Idaho is a legal document that a landlord must serve to a tenant in an attempt to fix a violation. An eviction notice gives a tenant a certain period of time to fix the violation or move out. The specific notice type […]
Once your current tenant has provided you with their notice that they plan to move it, you must start looking for a replacement. If you wish to continue earning a steady passive income while avoiding vacancy periods, then it’s best to start advertising the rental and looking for new tenants as soon as possible. Typically, […]
A lease agreement is a legal contract that both landlords and tenants sign when renting out a property. It is meant to explain the obligations of both parties as well as their rights. There are several types of leases that can be used depending on the duration of the leasing period. A month-to-month lease, as […]
Data and analysis provided by: Southwest Idaho Chapter of NARPM. The purpose of this survey is to show vacancy and rental rate trends among single-family homes and multi-family units in Ada and Canyon County. Survey results are displayed by type (single or multi-family) & bedrooms (1-5) for the respective county. Click here to view the […]
As a landlord, you have a responsibility to ensure that your tenant lives in a habitable rental unit. A habitable rental unit is safe to live in and failing in your responsibility to provide this can lead to serious consequences. Your tenant could move out of the rental without further obligations to the lease or […]
The demand for pet-friendly rentals is on the rise. With so many prospective tenants with pets, it only makes sense for landlords to consider allowing Fluffy and Fido into their premises. As with many landlord-tenant laws, pet rules tend to vary greatly from one state to another. That being said, one thing holds true, landlords […]
Walk-through inspections can help protect the landlord and tenants. However, not all states require landlords to do a final walk-through inspection. With that in mind, even if a landlord is not obliged to perform one, there’s a benefit to practicing this. Generally speaking, these inspections encourage tenants to be more attentive, reducing property damage which […]
Ready to join the growing class of landlords in Boise, Idaho? The city has been experiencing a growth in population over the past several years. People from smaller cities in Idaho and elsewhere in the United States are drawn to the livability of the city and the thriving job market. Boise has a low unemployment […]
“1031 Exchange” is a nickname coined from Section 1031 of the U.S. Internal Revenue Service Tax Code. A 1031 Exchange offers investors an incredible way to make significant tax savings. When selling your Idaho investment property, the combined state and federal taxes can amount to as much as 30% of the sales cost. A 1031 […]
Insiders of any industry often use a lot of specific terms and jargon. For an outsider, trying to make sense of it all can be confusing and overwhelming. This post will help you increase your knowledge of the most common real estate terms. So the next time you find yourself interacting with industry experts, you’ll […]