1st Rate Property Management

1st Rate Property Management

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Renting just got easier! | Locally Owned & Operated | Professionally managing owners investment properties since 1994.

First Rate Property Management was started in 1994
by Tony A. Drost, who has been an investor and property manager since 1990. In 2010, Melissa Sharone, MPM® RMP®, joined First Rate Property Management in the Leasing department after graduating from BSU with a degree in Communications. In the following years, Melissa and Tony worked closely to build and improve the company, and in 2017 Melissa’s h

Multi-Family Property Management in Boise: A Guide for Property Owners 06/09/2026

🏢 Managing a multifamily property in Boise isn't just about collecting rent.

From tenant placement and maintenance coordination to financial reporting and legal compliance, multifamily investments require efficient systems to remain profitable and scalable.

Whether you own a duplex, triplex, or apartment complex, the right management strategy can help you:

✅ Reduce vacancies
✅ Improve tenant retention
✅ Streamline maintenance requests
✅ Stay compliant with Idaho landlord-tenant laws
✅ Increase long-term ROI

As Boise continues to experience strong rental demand and population growth, multifamily properties remain one of the most attractive investment opportunities in the market.

Learn how professional multifamily property management can help protect your investment and maximize performance.

📖 Read the full guide here:
https://www.boiseproperty.management/blog/multi-family-property-management-in-boise-a-guide-for-property-owners

At 1st Rate Property Management, we help Boise property owners simplify operations, improve occupancy, and achieve long-term investment success.

Multi-Family Property Management in Boise: A Guide for Property Owners Optimizing multifamily property management in Boise requires efficient systems, proactive maintenance, and expert oversight to maximize occupancy and long-term returns.

06/03/2026

Southwest Idaho’s rental market is heading into 2026 with low vacancy, strong demand, and real opportunity for property owners.

🏡 The Q4 2025 NARPM Vacancy Report shows the Treasure Valley rental market remains highly competitive, with overall vacancy at just 2.03% across Ada and Canyon Counties.

📊 Ada County stayed tighter than Canyon County, single-family homes continued commanding higher monthly rents than multifamily units, and professionally managed rental housing remained in strong demand.

🔑 For investors and landlords, performance now depends on more than location. Strategic pricing, responsive management, tenant experience, and proactive property care can all help protect occupancy and support stronger long-term returns.

Visit
https://www.boiseproperty.management/blog/q4-2025-narpm-vacancy-report-for-sw-idaho
to see what the Q4 2025 NARPM Vacancy Report means for Southwest Idaho rental property owners.

06/03/2026

Happy work anniversary Rose & Ryan! Huge milestones for both of you, congrats and thank you for all your hard work! 🥳

05/29/2026

Welcome to 3280 South Ruffian Lane, the perfect blend of comfort, convenience, and modern living. This home has everything you need to feel right at home. ✨

🏡 3 Bedrooms
🛁 3 Bathrooms
🧺 Spacious Laundry Room + Washer & Dryer
🍽️ Fully Equipped Kitchen
🌿 Covered Patio
🌙 Private Backyard
🚗 Garage + Driveway Parking

Schedule a showing or fill out our FREE application -> www.frpmrentals.com

Multifamily Property Management in Boise: A Complete Guide 05/26/2026

Managing multifamily properties in Boise takes more than collecting rent. From leasing systems and maintenance coordination to tenant retention and financial reporting, every detail impacts your investment performance.

In this new guide, 1st Rate Property Management breaks down what successful multifamily property management in Boise really looks like and how professional systems help owners reduce vacancies, improve tenant satisfaction, and protect long-term profitability.

If you own a duplex, triplex, or apartment community in Boise, this is essential reading.

Read the full guide here:
https://www.boiseproperty.management/blog/multifamily-property-management-in-boise-a-complete-guide

What you’ll learn:
✔ How structured leasing systems reduce vacancy loss
✔ Why preventative maintenance protects cash flow
✔ Tenant retention strategies that actually work
✔ How professional financial reporting improves decision-making
✔ Ways to scale multifamily investments more efficiently

At 1st Rate Property Management, our team helps Boise property owners simplify operations while maximizing long-term returns.

Multifamily Property Management in Boise: A Complete Guide Effective multifamily property management in Boise requires strategic systems, proactive maintenance, and expert oversight to maximize occupancy and long-term returns.

05/21/2026

Proud sponsors of local youth sports! 🏆

05/13/2026

The NARPM® Broker/Owner Conference is a national event designed specifically for property management company leaders, planned by property managers for property managers, with a focus on improving business operations, leadership, and long-term success.

For us, attending is important because it brings together top industry professionals to share proven strategies, discuss current challenges, and provide actionable ideas you can implement immediately. It also offers valuable networking with peers, exposure to new tools and solutions, and insights from experienced speakers, helping you stay competitive and strengthen all aspects of your business.

Melissa had a blast! 🤗

05/12/2026

They’re no fun 😒😭

Q4 2025 NARPM Vacancy Report for SW Idaho 05/08/2026

Southwest Idaho’s rental market remains incredibly competitive, and the latest Q4 2025 NARPM Vacancy Report confirms it.

With vacancy rates sitting at just 2.03% across Ada and Canyon Counties, property owners in Boise are seeing strong rental demand, stable occupancy, and valuable opportunities to maximize returns.

Here’s what stood out:
✔ Ada County vacancy rate: 1.93%
✔ Multifamily vacancy in Ada County: only 1.58%
✔ Average rent in Ada County: $1,929
✔ Demand continues to outpace supply

Today’s renters expect quality homes, responsive management, and competitive pricing. Property owners who stay proactive with maintenance, pricing strategy, and tenant experience are in the best position to protect long term profitability.

At 1st Rate Property Management, we help Boise property owners reduce vacancies, improve tenant retention, and streamline operations with professional management solutions tailored to the local market.

Read the full blog and download the report here: https://www.boiseproperty.management/blog/q4-2025-narpm-vacancy-report-for-sw-idaho

Q4 2025 NARPM Vacancy Report for SW Idaho Current vacancy trends in Boise and surrounding areas reveal strong rental demand, low inventory, and key opportunities for property owners in 2025.

05/07/2026

Renting just got easier!🏡✨Let us take on the stress so you can sit back and relax 😌

Want your business to be the top-listed Realtor/realty Service in Boise?
Click here to claim your Sponsored Listing.

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Boise, ID

Opening Hours

Monday 11am - 1pm
2pm - 5pm
Tuesday 11am - 1pm
2pm - 5pm
Wednesday 11am - 1pm
2pm - 5pm
Thursday 11am - 1pm
2pm - 5pm