Chubbuck Property Management
Are you a landlord or a real estate investor?
Landlords will be hands-on when they’re renting out properties, spending time and resources on tenant screening, showings, maintenance, and endless frustrations that may leave them wondering why they’re renting out homes at all.
A real estate investor leaves the leasing, management, and maintenance to an expert in both the local rental market and the property management industry.
The difference is more than mindset.
Jacob Grant Property Management is the choice for successful investors who want to leave the day-to-day in expert hands.
We treat your rental units like the valuable assets they are. We protect the condition and the value of your buildings. We choose residents selectively. We look for ways to help you earn more and spend less on your investment property.
Why be a busy landlord when you can be a profitable investor?
Jacob Grant Property Management is Your Investment Partner in Chubbuck, Idaho
When you partner with our talented team, you’ll notice that you get your time back. You enjoy the peace of mind that comes with professional property management. Your investment properties will earn more and cost you less. Let’s work together. There’s a lot to learn.
Profitable Rental Values
What are you earning on your rental property?
What should you be earning?
The right rental price impacts how quickly you get good tenants in place. It affects what you earn in the short term and how easily you’re able to raise the rents later.
Price your property too high, and you’re looking at a longer vacancy. Price it too low, and you’re losing money now and later.
Jacob Grant Property Management uses data, insights, analytics, and local market expertise to price your property accurately, competitively, and most importantly – profitably.
Placing Qualified Tenants
Tenant quality is a big part of an owner’s success. We invest in a rigorous tenant screening process, and once those residents are in place, we establish service-oriented relationships while still holding those tenants accountable to the lease agreement and our expectations.
Good tenant relationships mean on-time rent collection, higher retention rates, and a proactive approach to property maintenance. We have high standards for tenants, and we only place those applicants who can meet them. This means less stress, lower costs, and a tenancy that’s more pleasant and more profitable.
Protecting Your Earnings
Some of the ways we see owners lose money are puzzling. Why put yourself at risk by ignoring security deposit laws? Why let deferred and emergency maintenance issues increase your expenses when a proactive and preventative maintenance plan can keep those costs in check?
We’re always looking for ways to save money for our Chubbuck investors because saving money earns you money. With better tenants, a responsive maintenance policy, and a focus on retention and property value, we help rental property owners earn more and spend less, leading to higher ROI and long-term success.
Welcoming Chubbuck Real Estate
Investors with a Growth Mindset
Whether you’re investing in your first rental property or growing your portfolio through the acquisition of additional buildings, we’re here to help. Our property management approach is about much more than tenant placement and rent collection. We’re your investment partners, here to help you leverage the tools and resources we’ve built in order to grow your portfolio and enjoy your success.
We have found that property owners are happiest with our services when they share our business values, our approach to the market, and our relentless commitment to best practices and growth strategies.
Property Management Pricing in Chubbuck, Idaho
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
We’re Glad You’re Here
Investors in Chubbuck can benefit from solid rental yields thanks to the combination of affordable property prices and consistent demand for rental units. When you decide to invest in a property here, let us assist you in navigating the market and closing the deal. Then, we’ll make sure your property is professionally managed. Leverage our expertise, our technology,and our commitment to your investment goals.
We Invite You to Invest in Chubbuck, ID
Chubbuck, Idaho, is a small and growing city located in the southeastern part of the state, just a few miles east of Pocatello. This community has earned a reputation as a hidden gem for real estate investors, offering a unique blend of small-town charm, affordable living, and easy proximity to larger metropolitan areas. For investors looking to purchase rental properties, Chubbuck presents several key advantages that make it an appealing choice.
Accessible Market
Chubbuck offers real estate prices that are significantly more affordable than many larger cities in the U.S., making it a prime location for both first-time investors and experienced investors. The median home price in Chubbuck tends to be lower than the national average, while rents remain competitive, providing a great opportunity for investors to acquire properties at relatively low costs and see strong returns on investment (ROI).
High Rental Demand
Chubbuck is part of the Pocatello Metropolitan Statistical Area, which has been experiencing steady growth in both population and economic development. With its population increasing, there is growing demand for rental properties. This trend is driven by local factors such as an expanding job market and the influx of new residents.
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 jacobgrant.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?
What Can You Expect When You Work with Jacob Grant Property Management in Chubbuck?
You’re Our Priority
Tenant service is a big part of what we do, but our first commitment is to you and your property.
Solid Tenant Relationships
We balance tenant service with tenant accountability, leading to a good experience for tenants, owners, and Chubbuck property managers.
Cost-Effective Processes
We’re stewards not only of your investment properties but also of your money. We track income and expenses and look for ways to improve earnings.
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Providing:
- Transparent financial reports
- Strategic marketing and listings
- Smart technology
- Dedicated customer service
At Jacob Grant Property Management, we’re providing the right blend of technology-led systems and proactive, in-person relationships.
We’re Managing Your Investment Properties Like Profitable Small Businesses
Our approach to property management is unique.
We have high standards for our owners, for our tenants, and for the properties we rent out.
This leads to a more pleasant rental experience for your tenants, and a more profitable investment experience for you. We are committed to an investment partnership that may begin with finding you the right investment property in Chubbuck. Whether you’re early in your process or simply looking for a qualified team to take over the leasing, management, and maintenance of your most valuable assets, we’re ready to work with you.
Read Our Success Stories
Contact Jacob Grant
Let’s talk about your investments and answer your questions. Call us: (208) 522-3138.
You can also visit us at 490 Park Ave #1 Idaho Falls, ID 83402.
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.
