Alameda Property Management for Pocatello Investors
Alameda is a neighborhood that holds a lot of promise for real estate investors with a business mindset.
If you have that mindset, we want to work with you at Jacob Grant Property Management. You’ll find us to be a different kind of property manager in Pocatello; one that takes a strategic and business-focused approach to the leasing, management, and maintenance of rental properties. We’re thinking beyond the rent we collect today. We’re thinking about the wealth you’re building and the long-term investment strategies that will help you succeed.
We’re dedicated to improving property values, raising rental prices, and ensuring investments remain occupied with responsible, reliable Alameda tenants.
You don’t have to take on any more of the operations in order to earn more. We’re handling that for you. From rent collection to tenant turnovers, we’re managing with efficiency and efficacy. Contact us to learn more.
Contact Jacob Grant for a New Direction
In Alameda Property Management
For a more profitable real estate investment experience, stop thinking about your units as rentals and start thinking about them as small businesses. This is how we approach everything from maintenance to improvements to marketing to screening. Our standards are high, and we know that only high-quality properties will attract high-quality tenants and increased rental values. We’ll do more than manage your property. We’ll transform your experience.
Higher Occupancy
Avoiding vacancy and keeping properties rented is the one of the first steps towards profitability. Consistent and recurring rental income is essential, and our speedy marketing and effective screening gets a good tenant in place quickly.
Even more important than tenant placement is tenant retention. Turnovers are costly. They’re time-consuming. At Jacob Grant, we work through them quickly, but we prefer to keep good residents in place, and that means we focus on quality tenant relationships that balance service with accountability.
Rental Values
Establishing the right rental value for your Alameda property also impacts profitability and helps to establish long-term wealth. But the market is always changing and the competition seems to be growing. How do we do it?
It’s a blend of our local market experience and our innovative technology. We’ve been managing investments in Pocatello for years, and we’ve watched the growth and development throughout the desirable Alameda neighborhood. We know the competing properties and the shifting tenant demands. We also trust our data and insights, which tell us what to charge in rent for maximum occupancy and profitability.
Protecting Properties
Jacob Grant is invested in protecting the properties we manage. With inspections, preventative maintenance, and targeted improvements, we understand how to keep an investment well-maintained and valuable.
We won’t let you lose money to deferred and unreported maintenance. We’re not afraid to recommend improvements and updates that may require a small investment now, but will pay off in maximum ROI later. When it comes to protecting your Alameda investment property, we’re taking strategic steps that align with our business-driven philosophy. Every detail counts.
Think Like a Successful Investor
Whether you’re just starting out as a new investor or building a portfolio of diverse properties, we can tell you that mindset is everything. Let’s work together to:
- Achieve financial independence
- Plan strategically for now and later
- Make decisions that are good for earnings and profitability
- Invest in information, relationships, and technology
We can help you succeed. Partner with us at Jacob Grant Property Management in Alameda.
Choose the Pricing Package that Fit Your Needs
Full Service Management
- Leasing Fee - $0
- Rent Assessment
- Marketing the Property
- Finding Tenants
- Tenant Screening
- Renewal of Lease - $100
- Pet Screening
- Full Legal Compliance
- Convenient Rent Payments
- Accounting
- Property Maintenance Coordination
- Rent Collection
- Eviction Process Handling
- Property Accounting and Reporting
- Monthly Owner Statements
- Property Evaluations
- Owner and Tenant Portals
- Tenant Maintenance System
Multi-Property Full Service Management 3 - 19 Properties
- Leasing Fee - $0
- Rent Assessment
- Marketing the Property
- Finding Tenants
- Tenant Screening
- Renewal of Lease - $100
- Pet Screening
- Full Legal Compliance
- Convenient Rent Payments
- Accounting
- Property Maintenance Coordination
- Rent Collection
- Eviction Process Handling
- Property Accounting and Reporting
- Monthly Owner Statements
- Property Evaluations
- Owner and Tenant Portals
- Tenant Maintenance System
Multi-Property Full Service Management 20+ Properties
- Leasing Fee - $0
- Rent Assessment
- Marketing the Property
- Finding Tenants
- Tenant Screening
- Renewal of Lease - $100
- Pet Screening
- Full Legal Compliance
- Convenient Rent Payments
- Accounting
- Property Maintenance Coordination
- Rent Collection
- Eviction Process Handling
- Property Accounting and Reporting
- Monthly Owner Statements
- Property Evaluations
- Owner and Tenant Portals
- Tenant Maintenance System
Invest in Alameda with the Help of Jacob Grant Property Management
We are your best resource when it comes to understanding local market trends, and partnering with our talented team will provide a competitive advantage now and throughout the lifecycle of your investment. We track the data, we predict the trends, and we use our sharp, strategic business sense to guide the success of your investments.
Contact us today and we’ll talk about your potential in the Highland market.
What Do You Know About the Growing Alameda Neighborhood in Pocatello?
Alameda is a rapidly growing neighborhood in Pocatello, and an attractive location for real estate investors looking for strong potential returns. Just south of the city center, this area offers both residential tranquility and access to the vibrant amenities of downtown Pocatello, including local dining, shopping, and recreational opportunities.
Diverse Real Estate
Townhomes, condos, and single-family homes are found in Alameda, and we’re especially excited about the apartment buildings of all sizes throughout the neighborhood.
Quality of Life
Alameda is full of parks, scenery, excellent schools, and Idaho State University. There’s plenty of economic potential here and a growing population of renters.
Property Values
Property values are on the rise, especially as demand increases. For investors, this means there is significant potential for both capital appreciation and rental income, particularly with the area’s growing popularity among professionals, retirees, and families.
Frequently Asked Questions
Do you offer discounts for multiproperty portfolios?
What do you do when a tenant moves out?
When we receive a 30 day notice for a tenant to move out, we begin marketing immediately. This increased exposure substantially decreases vacancy periods (we average 3-4% vacancy rate).
The business day after the tenant moves out, we have a move out inspection. The move out inspection includes a detailed report along with a video. Repairs, housekeeping, and carpet cleaning are scheduled immediately. A short make ready period is important in order to make walk throughs available as soon as possible.
The move out process includes a detailed financial statement to the tenant that moved out detailing any charges for items that are above “normal wear and tear” as defined by the Idaho Landlord Tenant Handbook.
What do you do if a tenant does not pay rent?
We serve a 3 day pay or quit notice as provided by Idaho Law. If we have not received rent within 3 days, we provide the landlord with recommendations to move forward to evict. This process is streamlined to leave you to make the decision but out of the process.
What do you do with late fees?
Late fees require owners to wait for their funds and property managers to chase tenants for rent. Therefore they are split 50-50.
Should I allow pets in my rental property?
Pets are a difficult decision. They have the potential to do serious damage, but if you refuse them you are removing approximately 60% of the market. Typically, our recommendation is to allow pets and remediate the risk by holding a larger deposit. The deposit is based on carpet replacement cost. Pets present the most risk to carpets.
Even if you decide to accept pets there is a list of pets that are not allowed because our liability policy and most policies held by owners have exclusions with these dogs. To see a list of the breeds, you can click on application requirements in the prospective tenant section on pocatello-propertymanagement.com.
Jacob Grant has a pet application process and scoring system that measures potential risk of the pet and cost risk if the pet does damage. There is additional deposit to help reduce this exposure.
*Fair housing requires that service animals are allowed even in “no-pet” housing. Charging additional rent or security deposit for a service animal is illegal. If someone has a service animal and completes the appropriate paperwork you will be notified.
What about utilities?
Utilities will be addressed when you sign a contract with Jacob Grant Property Management. A landlord agreement will be created by the owner and listed as follows:
Owner’s name or company name
c/o Jacob Grant Property Management
490 Park Ave, Suite 1
Idaho Falls, ID 83402
These agreements decrease the cost of turning utilities on and off and greatly reduces the risk of frozen pipes during the winter.
How do you handle “bad tenants?”
When a tenant violates the lease, we follow up with a lease violation. This is a form that outlines the violation and references the portion of the lease that is violated. There is an associated fee and sometimes follow up interior or exterior inspection depending on the violation.
Sometimes a neighbor will know about a violation before we do. In the case that we receive information from a neighbor, we follow up with verification of the violation.
What types of properties do you manage?
We manage single family homes, apartment complexes, 4-plexes, duplexes, condos, and townhomes. In addition, we manage apartment communities.
What are your certifications?
We are highly involved with the National Association for Residential Property Managers (NARPM) and attend national conferences to facilitate ongoing education and stay up-to-date with industry best practices.
We are also highly involved with the Institute of Real Estate Management (IREM). This is a highly respected property management education system which offers certifications such as the Accredited Residential Manager (ARM) or the elite Certified Property Manager (CPM).
Jacob Grant encourages all staff to take IREM classes through pay increase incentive and scholarship support for financial help. We currently have one CPM on staff and others that are on their way. We believe education increases our ability to meet owner’s goals, increases our professionalism and maximize our potential.
How do you collect and store security deposits?
What is the approval process for maintenance?
What are the contract cancellation terms?
When do you pay owners?
Funds are dispersed to owners on the 15th of every month. In the event that the 15th is a weekend or a holiday, funds will be dispersed on the following regular bank day. All funds are dispersed via ACH into a checking account of your choice.
What accounting do you offer?
Monthly accounting is provided to owners after funds are dispersed on the 15th. You will see line item by line item income and expenses on your monthly report. You will receive a copy of paid invoices as well as your monthly reserve balance. Additional reporting can be requested. All 1099s are paid out annually to vendors on behalf of owners. Year-end statements are provided to owners for tax purposes.
Do you provide access to online financial statements?
Owners have an “Owner’s Portal” in which they can view all of their financial statements at any time. Sensitive financial information is protected by a secure connection. The secure connection uses AES_256_CBC, which is a 256 bit encryption.
How long will it take to rent my property?
There are many factors that go into renting your property
Price
When rental properties are over-priced they typically do not rent quickly.
Cleanliness and repair
Rental properties that are clean and in good repair show better and therefore rent more quickly.
Season
There are not as many people looking for rental properties in winter months. This smaller pool of renters reduces the speed with which properties rent.
During the spring and summer, when rent is set correctly, properties will typically rent within 14 days of being advertised. Many times if we are marketing vacancies while the previous tenants are still living in them, they rent even more quickly.
Note: Jacob Grant Property Management uses Lease Targeting as much as possible. Lease Targeting means we change the lease end dates according to the season. If we are marketing a rental property in November we will try for a shorter term lease, and sometimes we are even able to secure 15-18 month leases. Though this is not always possible, Lease Targeting reduces your overall vacancy.
What services are outsourced?
Every company is required to sign a contract, provide proof of liability insurance and workers compensation and show consistent professionalism with tenants. They are also required to provide quality repairs consistent with pricing.
We typically don’t go with the very cheapest service in town as the long term results are not beneficial to properties or owners, and typically increase liability risk in the case of injury or damages.
What is the average length of tenancy?
There is a lot of variability in length of tenancy. Typically there are shorter occupancy periods in studios and 1 bedroom apartments and in homes that rent for more than $1300. Our average occupancies are between 12 and 18 months. The longest occupancy periods tend to be associated with properties that are between $700 and $1200. We see occupancies that last 2-3 years regularly. We have seen tenants live in a studio apartment for 10 years, and we have had people live in a 6000 sqft home for 2 months. These situations are atypical and not the rule.
What rent collection options do you offer tenants?
Tenants can pay with credit card, debit card, or ACH payment through their online portal. This “no-cash” policy protects your funds.
How many tenants have you evicted in the last year?
Here’s Why You Want to Work with Jacob Grant Property Management
Better Profitability
It’s more than the rent we’re collecting for you. Real money is made when property values improve and quality tenants are retained. We know how to do it.
Better Strategies
Let’s talk about your investment goals and make a plan for meeting them. We’ll know we’ve succeeded when it’s time to set new goals and achieve even more.
Better Growth
Ensuring your entire portfolio is scalable and strong is part of why we make such a good partner. We’re thinking about the next steps towards your financial independence.
Best Practices We’re Proud Of:
- Transparent utility charges
- Preventative maintenance
- Detailed accounting reports
- Responsive communication
- Equity evaluations twice a year
We’ll prepare you for the expenses that come with owning Alameda investment properties. You can expect strategic plans and careful budgets, leading to predictable and impressive returns.
Like a Successful Business
We’re a little different.
At Jacob Grant, we focus on maximizing your rental income while minimizing your involvement in the day-to-day operations required to run your property effectively. Our professionally managed properties consistently attract high-quality tenants and command top market rents.
That’s no accident. Our strategy is rooted in the belief that real estate is a serious investment and should be managed like one. When done right, rental property is not just a home for tenants; it’s a reliable and rewarding business.
We bring that business mindset to every property we manage. Let us show you how our proven approach can enhance the performance of your Alameda rental portfolio. Contact us today for a free management kit, which we will design for your unique property.
Read Our Success Stories
Contact Us at Jacob Grant
If you’re ready to partner up with us, or if you still have questions, give us a call here: (208) 297-2722. You can also visit us at 1175 Call Creek Dr #100, Pocatello, ID 83201. Alternatively, you can fill out the form on the right.
However you choose to contact us, we’ll be happy to respond to you quickly.
