2023 Rental Market Review from Johnson Property Management LLC

Happy Holidays from the Johnson Property Mgmt, LLC (JPM) team! We sincerely appreciate the continuing opportunity to manage your investment property, and work each day to provide the best possible service to our valued owner-clients. As always, we greatly appreciate any feedback from owner-clients on this letter, or our management services in general. Feedback helps us understand your needs, and improve our service. For the last 10+ years, we have provided our owner-clients with a year end Treasure Valley Rental Market Recap, mixed with thoughts about the upcoming year. Please note that this letter will contain forward looking statements*, and in no way should these statements be substituted or used for financial advice, but only describe our market outlook based on daily observations made about our local rental market. It is our hope that you will find value in these observations on the state of the rental market, and no we did not use ChatGPT to write this letter 🙂 Read more

*SNAP SNAP SNAP*

Originally posted by BoxBrownie.com

We were thrilled to chat with Andrew Johnson from Johnson Property Management about his experience with our app, SnapSnapSnap, and how the company has incorporated it into their workflow for quickly and easily capturing stunning listing photos.

The reviews are in!

“We instantly signed up for it. It was a no-brainer.”

That’s what property manager and licensed realtor Andrew Johnson said when we asked about his first impressions of our photography app, SnapSnapSnap.

His team has been using SnapSnapSnap since April and has found success in utilizing its innovative point, shoot, and edit technology to achieve consistent and polished images for their rental listings. Read more

August 2023 Market Update

Dear Owner/Clients –

While the housing bubble hasn’t burst, there has been a slight leak.

The Treasure Valley housing market is currently experiencing a slight slowdown with some price adjustments. While the national housing market has seen a decline in prices since mid-2022 due to high interest rates, a sudden and drastic crash is unlikely based on the current market conditions. Read more

The Importance of Good Google Reviews

Dear Owner/Clients –

In today’s digital age, online reviews play a crucial role in shaping consumers’ decisions, and this holds true for the property management industry as well. Property management companies often face challenges, one of which is dealing with negative reviews from tenants who may be dissatisfied when asked to adhere to the terms of their signed agreement. However, despite this hurdle, positive Google reviews hold immense value for property management companies, and here’s why:

Read more

June 2023 Market Update

Dear Owner/Clients –

As we step into the heart of the summer, the Treasure Valley rental property market has been bustling with activity, offering both opportunities and challenges for property owners and managers. June proved to be an extraordinary month for “affordable” property rentals in the Treasure Valley. We experienced an impressive surge in rental demand for properties priced at $1,500 per month or less. Comparing the numbers to previous years, June 2023 saw a significant increase in the number of “affordable” properties rented, surpassing all records for this month. The rising appeal of the Treasure Valley, fueled by its vibrant communities and thriving economy, has undoubtedly contributed to this unprecedented rental demand. Read more