Idaho Falls Property Management Services

Shelley Property Management Services

Are you looking for ways to grow your real estate portfolio into something more profitable and sustainable?

If your answer is yes, we want to work with you.

Plenty of owners find themselves deeply involved in every aspect of their rental; from screening tenants and handling showings to managing maintenance requests. This completes tasks, but it doesn’t do much for your long term investment planning.

It’s why smart real estate investors work with us. We handle the daily responsibilities while also providing direction, support, and resources that get you closer to your investment goals. We’re professionals with local market knowledge and property management experience, here to oversee leasing, maintenance, and operations.

At Jacob Grant Property Management, we specialize in helping investors in Shelley, Idaho streamline their portfolios and achieve success by taking care of the daily grind.

We treat your properties with the care and attention they deserve, ensuring that your investment stays in excellent condition and maintains its value. Our team is selective when choosing tenants, and we focus on finding ways to help you maximize your earnings while minimizing expenses.

Jacob Grant Property Management:
Your Trusted Investment Partner in Shelley, Idaho

Partnering with our expert team means more free time for you. With our professional property management, you’ll gain peace of mind, knowing your properties are in capable hands. We’ll help maximize your rental income while keeping costs down. Let’s team up. There’s so much potential to unlock.

Earnings and Cash Flow

Earnings and Cash Flow

Recurring and consistent rental income is part of your earnings strategy, and Jacob Grant Property Management is committed to maximizing what you earn and keeping your cash flow steady. With effective pricing that’s both competitive and profitable as well as market-driven upgrades and updates, we’re helping you earn as much as you can on your property while reducing vacancy and avoiding turnovers.

Qualified Long-Term Tenants

Qualified Long-Term Tenants

An occupied property is a profitable property, and when it comes to placing Shelley tenants, we’re looking for qualified individuals who are going to contribute to the investment experience you need. They’re going to pay rent on time, report maintenance when a problem occurs, respect the terms of the lease, and renew with us year after year. Long-term tenants lead to long-term ROI, and we know how to identify, place, retain the best renters in Shelley.

Containing Operational Costs
Containing Operational Costs

As your Shelley property management partner, we’re focused on earnings, and we’re also watching expenses. The key to maximizing what you earn is reducing what you spend. We’re preventative when it comes to maintenance, avoiding deferred repairs and disruptive emergencies. We’re streamlined with accounting and rent collection, and we’re careful about complying with all state, federal, and local rental laws. All of this reduces risk, which reduces costs.

Our Ideal Partner: Shelley Real Estate Investors Who Want to Grow

Work with Jacob Grant Property Management when you have some ideas about your investment goals.

Our property management services go beyond finding tenants and collecting rent. We see ourselves as your investment partners, dedicated to helping you utilize the tools and resources we’ve developed to grow your portfolio and achieve lasting success.

The rental property owners we work best with are aligned with our values, appreciative of the way we approach the Shelley real estate market, and willing to think about their investment goals with curiosity and purpose.

Choose the Pricing Package that Fit Your Needs

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Invest in Shelley, Idaho and Jacob Grant Property Management Can Help

Shelley, Idaho offers investors the perfect blend of affordable property prices and steady demand for rental properties, resulting in strong rental yields. When you choose to invest in this growing market, we’re here to guide you through every step, from finding the right property to finalizing the purchase. Once you’re in, we’ll ensure your investment is expertly managed. With our industry knowledge, advanced technology, and dedication to helping you reach your investment goals, you can trust us to handle the details while you enjoy the rewards.

Overview of Shelley, Idaho: Why Invest Here?

Shelley, Idaho, offers a unique opportunity for multifamily real estate investors looking to capitalize on a growing market with a small-town charm. Located just a short drive from major cities like Idaho Falls, Shelley provides easy access to urban amenities while maintaining a peaceful, community-focused atmosphere. With a steadily increasing population and a rising demand for rental properties, this area is poised for long-term growth. The affordable real estate prices and attractive rental yields make Shelley an ideal location for investors seeking strong returns in a stable, up-and-coming market. In our opinion? Now is the time to invest in Shelley’s potential.

You Say Potato, I Say Potato
Everyone Loves Shelley

The Spud Day Festival comes once a year, and it’s a fantastic time to celebrate the town’s agricultural roots, particularly when we’re talking about potatoes. Local businesses thrive here, and residents love the abundance of space and recreation while being a short 10-mile drive to Idaho Falls.

Shelley is Economically Friendly to Real Estate Investors

Lower-than-average property taxes and an affordable entry point make Shelley a great place for any investor’s next acquisition. Rental demand is growing, and it’s easy to stand out in this market with a high-quality rental unit in a modern and accessible building.

Frequently Asked Questions

Do you offer discounts for multiproperty portfolios?

Yes, there is typically a discount for multiple properties. Other factors included are the condition of the property, type, location and owner goals. Pricing for 3 to 19 units is 8%. For over 20 units pricing is based on the investor’s goals and the property. This can be discussed with our team and many have found our multi-family rates to be very competitive. There is a completely different management structure and pricing schedule for apartment communities that are above 100 units.

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 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?

Security deposits are collected in guaranteed funds prior to tenants receiving keys to the property. Security deposit funds are considered tenant funds until move out therefore the funds are held in a separate escrow account. This account is verified and reconciled twice per month. At move out, the funds are dispersed to pay qualified repairs and cleaning or dispersed back to the tenant according to the lease and Idaho State Law.

What is the approval process for maintenance?

Property managers are required to have written permission in order to complete maintenance over a dollar amount. (See contract. It is typically $350.) The exclusion to this is emergencies or health and safety concerns. Examples include a flooding basement or non-functioning heat during subfreezing temperatures. Owners will still see communication, but if we cannot contact you, the work will still be scheduled in order to keep the tenants safe.

What are the contract cancellation terms?

We guarantee your satisfaction. There is no fee for cancellation. The contract can be canceled with 30 days of written notice.

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?

All housekeeping, handyman repairs, plumbing, electrical, and other services to your property are outsourced. We use multiple companies in each area as this increases speed and quality of work. This reduces property vacancy.

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?

Our eviction rate for tenants that we place is less than 1%. For properties that we manage after someone else has placed the tenants the eviction rate can be as high as 10% depending on the screening procedures used prior to our management.

Enjoy These Benefits When You Partner with Jacob Grant Property Management

Prioritizing Owners

We can’t wait to get to know you and learn about your investment goals. We’ll put together a customized plan that meets your unique needs as a rental property owner in Shelley.

We Invest in Residents

Tenant relationships are an important part of creating profitable investment experiences. We hold residents accountable while ensuring they love where they live.

Dealing in Data and Insights

We invest in technology, not only because it makes managing your investment more efficient and consistent, but also because it delivers the details you need to make smart decisions about the future.

Fireplace living room

We Treat Your Investment Properties Like They’re Already Successful

Our approach to property management is anything but ordinary.

We set high standards for everyone involved, from property owners to tenants to the homes we manage. This commitment creates a better rental experience for tenants and stronger returns for you. Whether you’re just starting to explore investment opportunities in Shelley or need a skilled team to handle leasing, management, and maintenance for your existing properties, we’re here to be your trusted partner every step of the way.

Read Our Success Stories

"I've worked with Jacob Grant property management for several years now and they have been a great partner. They think of the things that I don't have time to think of. They come to me when we need to make bigger investments in my property, but most of the time, they just handle the issues that come up. Their team is proactive with their communication and if I reach out, they are responsive to my inquiries. I strongly recommend Jacob Grant for anyone looking for a good property manager." - Mark A.

"Jacob Grant representatives have always been very prompt and courteous in all my dealings with them. Most recently Jorge has gone above and beyond." - Ryan A.

"I've had a great experience investing through Jacob Grant. I get regular updates on how things are going that are complete and thorough. They are looking at the long term through their expertise. I've been investing with them for around 5 years now." - Brian D.

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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) 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.

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