Having a vacant unit defeats the fundamental purpose of being a landlord in the first place. Worse still, a vacancy is costly. Just because you don’t have a resident doesn’t mean expenses like property taxes and mortgage payments will stop coming. What’s more, vacant rentals can be susceptible to numerous risks, like vandalism, unchecked water
The annual meeting for the Pheasant Ridge Homeowner’s Association will be held on Monday, March 28th, 2022. This meeting will be held online via Zoom, URL to be sent via email on the same day with Meeting ID and Password, (Please verify Five Star has your email address on file to ensure you receive the
Thank you to all who were able to attend this year’s annual owner’s meeting! We wish to thank the board for their continued service. Gil Gross has stepped down from his position and we would like to express our appreciation for his service. For those unable to attend the meeting, please see the profit and
The annual meeting for the Heritage Village Homeowner’s Association will be held on Monday, February 7th, 2022 at 6:00 PM at the Five Star Property Management Conference Room located at 158 S Main St, Pocatello, ID 83204. We will discuss the past and current state of the HOA as well as financial and maintenance items.
Advertising a rental home requires crafting a strong property listing. Your ability to market using clear and interesting descriptions sets you apart from your competition. Your goal is to make prospective residents pause when scrolling through property listings. They should be inspired to contact you for inquiries and book a property showing. Mastering techniques in
Choosing the right resident is one of the key components of a successful rental property. The ideal resident is one who will pay their rent on time, maintain the property, and adhere to the terms of the lease agreement. But to find this person, you need to have an effective resident screening solution. So, we
As a landlord, there will come a period where you’ll feel the need to increase your rental fee. Even if the rental property generates a steady income for several years, you may determine that a rent raise is necessary. Before taking this radical step, however, ask yourself if any changes to rental price may lead
Thank you to those who were able to join us for this year’s Owner Meeting. We are pleased to welcome Norris Ganstrom back to the board for another 3-year term! For those unable to attend, please see below for the Profit and Loss and Budget Documents: Profit & Loss Budget
The annual meeting for Hidden Valley Townhouse Association will be held on Tuesday, October 26th at 6:00 PM. This meeting will be held online via Zoom, URL to be sent via email on the same day (please make sure Five Star has your updated email address). We will discuss the past and current state of
Owning an investment property is the first step to earning recurring passive income. Once you’ve secured your property, you’ll need to find dependable residents. Such a resident will care for your property, rent long-term, and pay rent consistently. As you’d probably guess, landing such residents isn’t always easy. Despite the time and effort required, a