Revive Your Real Estate Investment Journey With Pocatello Property Management Services
Old isn’t always gold. If you’re still using traditional methods in the face of increasing competition, you’re already behind in the real estate industry.
Without trusted, professional property managers, the only returns on investment you can expect are run-down properties, annoying renters, low rental income, and stark declines in long-term wealth potential.
Jacob Grant can help you experience the perks of a professionally managed rental property – more tenants, well-maintained rentals, minimum vacancy – we leave no stone unturned to ensure that your investment earns its worth.
Contact us to avail the end-to-end Pocatello property management services.
- Leverage tried-and-tested business tactics to manage your property.
- Help you reap long-term profits,
- Perform proactive maintenance to elevate the value of your asset.
- Conduct extensive tenant screening processes, to select the best renters for your Pocatello property.
- Minimize vacancy rates and maintain a consistent cash flow for you.
- We find quality renters and verify their background with a thorough screening process.
Contact us to learn more about our business-centric strategies.
Boost Your Investment ROI With Our Property Management Services In Pocatello
We are a Pocatello property management company that implements smart business strategies to maximize your cash flow. By shunning the traditional landlord practices, we let our modern approach strengthen your real estate portfolio.
Let’s team up and generate optimal revenue by attracting good renters, doing routine maintenance, and detailed inspections. Benefit from our hassle-free Pocatello property management services.
We manage, you earn.
Here’s Why Jacob Grant’s Pocatello Property Management Services Are The Right Choice For You…
- We initiate and lead.
- We cater to all your property-related concerns in a holistic and effective manner.
- Our innovative approach enables you to enjoy the profits of the modern real estate market.
- Our experts take up the responsibilities of Pocatello property management services, and excel in fulfilling them.
- We conduct regular professional inspections on your property.
Choose the Pricing Package that Fit Your Needs
|Full Service Management||Multi-Property Full Service Management 3 - 19 Properties||Multi-Property Full Service Management 20+ Properties|
|10% of Monthly Rent||8% of Monthly Rent||Contact for Custom Pricing|
|Tenant Placement Fee|
|Tenant Placement Fee||$0||$0||$0||Rent Assessment|
|Marketing the Property|
|Marketing the Property||✓||✓||✓|
|Renewal of Lease|
|Renewal of Lease||$100||$100||$100|
|Full Legal Compliance|
|Full Legal Compliance||✓||✓||✓|
|Convenient Rent Payments|
|Convenient Rent Payments||✓||✓||✓|
|Eviction Process Handling|
|Eviction Process Handling||✓||✓||✓|
|Property Accounting and Reporting|
|Property Accounting and Reporting||✓||✓||✓|
|Monthly Owner Statements|
|Monthly Owner Statements||✓||✓||✓|
|Owner and Tenant Portals|
|Owner and Tenant Portals||✓||✓||✓|
|Tenant Maintenance System|
|Tenant Maintenance System||✓||✓||✓|
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?
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
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.
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?
What Services Do We Offer For Your Pocatello Property?
At Jacob Grant, we curate a unique blend of the best practices of the real estate investment sector. This enables us to:
- Optimize your ROI
- Efficiently manage your risks and liabilities
- Promote transparency by providing clear utility bills from your tenants’ rent.
- Execute proactive measures for maintenance.
- Provide detailed accounting with semi-annual equity evaluations
- Facilitate effective communication amongst parties.
Our goal is to manage expenses rather than avoid them. We take the fixed, variable, and other expenses into account to formulate a cost-effective financial plan for you.
Your financial independence is our success. We lay out a comprehensive financial strategy to assist you in meeting your investment goals. We boost your current cash flow while also overseeing the future value of your asset.
Relationship-building plays a critical role in any business’s growth. At Jacob Grant, we are committed to helping you win customer loyalty by establishing a positive relationship with your renters.
Contact us to discover how we can help you.
Improved Relations with Loyal Tenants
As a property owner, your tenants are your clients. As your property management company, Jacob Grant is committed to helping you have a positive relationship with your tenants.
Call us today to find out how we can help you.
Managing Pocatello Real Estate Investments Like a Business: The Jacob Grant Approach
At Jacob Grant, we encourage our clients to make learned decisions, even when it comes to choosing us as their property managers. We provide a FREE management kit that reflects our strategies for your Pocatello properties.
Share a few details, so we can help you lay out a business-centric framework for the management of your property.
Read Our Success Stories
Get in Touch with 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.
Pocatello is the southeastern part of the state of Idaho. It is the largest city in Bannock County and the fifth largest in Idaho. The city has a history of being occupied by the native Americans for centuries. It has a population of over 56,000.
Home to vibrant indigenous festive celebrations, it has a range of festivities that take place throughout the year, such as recreational activities in the Portneuf River and watching games at the Holt Arena.