Owner Resources

We Strive to be Partners

When we partner with property owners, we guarantee a full-service experience
defined by
excellent communication, dependability and tailored strategies.

 

Leveraging in-depth knowledge of the market, we’ll determine your property’s rental value and prepare it for move-in, as well as deploy marketing techniques to get it occupied by great tenants, quickly.

We’ll also handle every aspect of tenant screening, collecting security deposits, paperwork and of course, handle all tenant communications and repairs, leaving you with less stress, more time to focus on you.

 

Not ready to be an owner? Contact us to learn about our vacancies and find your next property in Idaho!

Dark blue home with white trim and a white wraparound deck and a chimney, glowing in the twilight.

Frequently Asked Questions

What is the maximum amount I can raise my rent each year in Idaho?

Per Idaho Code Section 55-307, a landlord cannot increase the rent rate in the middle of a lease term and must charge rent in accordance with the lease or written rental agreement.

 

30 days or more before a lease is set to expire (or for month to month leases, 30 days before changes are set to take effect), the Landlord must give a notice of any changes to lease terms. Terms can include fees, property rules, and rent rate. There no limit to the amount a landlord can increase the rent on their rental property each year, unless there is a provision in the lease. A tenant can move rather than renew their lease at the increased rate (Idaho Code Section 55-307).

What is the average pet deposit and monthly fee in Idaho?

Average pet deposits and rents fluctuate in Idaho, but we see rates anywhere from $25 to $100 per month on average for pet fees. Premier includes a Pet Agreement along with a tenant’s Lease Agreement that stipulates an agreed upon pet rent amount for pet owners, as well as Pet Rules and Regulations.

How do you determine if an applicant has sufficient income?

Rent payments are the primary source of income from your rental business, so you’ll want to ensure tenants can pay rent consistently. You are within your legal rights to decline a tenant who can’t afford to rent the property. As a general rule, most landlords expect their applicants to make at least three times the monthly rent to be considered.

 

You can verify an applicant’s employment and income by contacting their employer. However, if an employer cannot verify the details you need due to legal reasons, you can request several documents to verify a potential tenant’s income. These include pay stubs, a W-2, or a tax return, to name a few.

What kind of insurance should a property owner carry on a rental property?

Typically, a standard homeowners insurance policy does not cover losses while your home is rented. A standard homeowners insurance policy is designed to cover a primary residence for the insured, not a rental property.

 

Rental property insurance or ‘Landlord Insurance’, is advantageous for when you own a home or condo and use it as a rental property, either long term or short term. It can cover:

  • Natural Disaster Damage.
  • Personal items left on the property for maintenance or tenant use (i.e. appliances, lawn mowers, snow blowers, etc.)
  • Loss of rental income if you are not able to rent out your property due to damage from a covered loss.
  • Liability if a tenant sues over injury suffered on the property.
  • Any costs you have to pay to move a tenant in or out of the property during repairs
  • Any compensation you must pay to a tenant if damage puts heating or air conditioning out of action.

 

Most of these types of policies do NOT cover:

  • Theft coverage if your tenant steals your personal property (you must request that this to be added to your policy).
  • Tenant’s Personal Belongings**
  • Loss of income if a tenant fails to make rent payments
  • Cost of evicting a tenant if necessary.

 

** To avoid conflicts with tenants concerning damage to personal belongings, Premier will always require tenants to purchase renters’ insurance before taking residence.

How Can We Help You?

Preparing Property for Move In

Insightful Marketing

Tenant Screening

Move-In & Move-Outs

Secure Online Owner Portal

Determining Rental Value

Convenient Rent Collection/Payment

Repairs & Maintenance

Property Inspections

Maintain & Increase Property Values

Ready to Discuss Your Options?

If you’re ready to begin maximizing your investment,
or if you have any questions about our process, services, or pricing, please don’t hesitate to get in touch.

208-761-1122 • contactus@premierpmid.com

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TENANT

If you are looking for some awesome, knowledgeable people to work with, these are the guys I highly recommend. Their friendliness and result-driven approach is what I love about them.

Owner

If you are looking for some awesome, knowledgeable people to work with, these are the guys I highly recommend. Their friendliness and result-driven approach is what I love about them.

Tenant

If you are looking for some awesome, knowledgeable people to work with, these are the guys I highly recommend. Their friendliness and result-driven approach is what I love about them.

Owner

If you are looking for some awesome, knowledgeable people to work with, these are the guys I highly recommend. Their friendliness and result-driven approach is what I love about them.

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