1st Rate Property Management

1st Rate Property Management 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

usband, Jim Sharone, RMP®, joined the company to help takeover daily operations with Melissa. After almost a decade of planning, Tony was ready to phase out of property management, and in 2021 he turned business over to the capable hands of the FRPM team under the leadership of Jim and Melissa Sharone.

The NARPM® Broker/Owner Conference is a national event designed specifically for property management company leaders, pl...
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 😒😭

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

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 😌

04/22/2026

Are you ready to make Downtown Eagle your new home!? 🦅 Visit our website for all the listing details!✨

Owning a rental in Boise sounds like passive income until it is not.Many landlords start out self-managing to save money...
04/22/2026

Owning a rental in Boise sounds like passive income until it is not.

Many landlords start out self-managing to save money, but hidden costs can quietly eat into profits. From late-night maintenance calls to longer vacancies and legal risks, the true price of DIY property management adds up fast.

At 1st Rate Property Management, we help property owners reduce stress, avoid costly mistakes, and maximize returns with proven systems and expert oversight.

📊 Before you decide to self-manage, ask yourself:

How much is your time really worth?
Can you afford a bad tenant placement?
Are you fully compliant with Idaho rental laws?

👉 Discover the real cost and make a smarter investment decision:
https://www.boiseproperty.management/blog/the-true-cost-of-self-managing-a-rental-property-in-boise-id

Calculating the real cost of self-managing a rental property in Boise reveals hidden expenses, legal risks, and time commitments that impact long-term returns.

✨ $0 APPLICATION FEE & $0 DEPOSIT OPTION! ✨📍 Downtown EagleLive right in the heart of it all! This charming 2 bed, 1 bat...
04/13/2026

✨ $0 APPLICATION FEE & $0 DEPOSIT OPTION! ✨

📍 Downtown Eagle

Live right in the heart of it all! This charming 2 bed, 1 bath apartment puts you in the center of everything Downtown Eagle has to offer.

❤️‍🔥 Why you’ll love the location:
Step outside and enjoy walkable access to local coffee shops, restaurants, boutiques, and nearby parks!
Plus, you’re right next to Spitfire Tacos + Tequila 🌮🔥

🏡 Features:
• 2 bed / 1 bath layout
• Cozy kitchen with fridge & stove
• On-site laundry
• Wall-mounted AC for year-round comfort

Spend your weekends along the Boise River, at Eagle Island, or exploring the charming downtown scene, all just minutes from your door!

📲 Call our office at 208321.1900 to schedule a showing!

www.frpmrentals.com

04/09/2026

We love a 5-Star review! Not only does it let us know we did a good job but any future tenant, owner or vendor that everything we do is our best! 🌟

Spring maintenance check 🌷🏡As your property manager, here’s what we’re already taking care of and what we recommend our ...
04/08/2026

Spring maintenance check 🌷🏡

As your property manager, here’s what we’re already taking care of and what we recommend our owners:

✔️ What we handle:
• Coordinating HVAC servicing before summer
• Scheduling property inspections
• Exterior inspections and recommendations for touch-ups (curb appeal)
• Making sure vendors are ready for any needed repairs

✔️ What we recommend for owners:
• Roof & gutter cleaning after winter
• Landscaping refreshes for the season
• Power washing walkways, siding & patios
• Reviewing long-term maintenance items before they turn into big expenses

Our goal is simple: protect your investment and keep everything running smoothly year-round ✨

Have questions about your property? We’ve got you covered!

Boise’s rental market is growing fast. But so is the competition.If you own a multifamily property, filling units is onl...
04/08/2026

Boise’s rental market is growing fast. But so is the competition.

If you own a multifamily property, filling units is only half the battle. Keeping great tenants is where long-term success happens.

At 1st Rate Property Management, we help property owners:
✔ Attract qualified renters with strategic marketing
✔ Price units competitively using real market data
✔ Improve tenant satisfaction through responsive service
✔ Reduce turnover with smart retention strategies

The result? Lower vacancy, stronger cash flow, and long-term stability.

Want to stand out in Boise’s competitive rental market?

Read more here:
https://www.boiseproperty.management/blog/how-to-attract-and-retain-multifamily-tenants-in-a-competitive-boise-market

Attracting and retaining multifamily tenants in Boise requires strategic marketing, responsive management, and proactive property care to stay competitive.

Address

Boise, ID

Opening Hours

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

Telephone

+12083211900

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