Morehouse Property Management
Morehouse Property Management, LLC is a family-owned residential property management company in Meridian, Idaho, serving property owners and renters in the Boise/Treasure Valley area since 1982 with full-service tenant placement, rent collection, and maintenance coordination.
- Company typePrivate
- Founded1982
- HeadquartersMeridian, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Morehouse Property Management does
Morehouse Property Management, LLC (MPM) is a family-owned residential property management company headquartered at 217 E. Pine, Suite 101, Meridian, Idaho, serving the Boise and Treasure Valley market (including Meridian and Caldwell). Founded in 1982 by Ray and Beth Morehouse, the company provides full-service property management for individual property owners and investors, spanning tenant advertising, multi-platform listing (Zillow, Hotpads, Trulia, Apartments.com, Craigslist), personal property showings, tenant qualification (credit, criminal/civil background, income at 2.5x rent, rental history), lease negotiation, rent collection, maintenance coordination with insured subcontractors, periodic inspections, and 24-hour emergency response.
MPM's operational technology is minimal and entirely third-party: the website runs on WordPress, rental applications are captured via Gravity Forms with SSL encryption, and online rent payments are processed through PayPal with a 4% handling fee, with the company explicitly not storing cardholder data. Tenant qualification requires a credit score of 650+ and automatic disqualification for prior evictions or felonies. Listings range from $900/month (1-bedroom apartment) to $2,945/month (6-bedroom house).
In 2023, ownership transitioned from founders Ray and Beth Morehouse to their daughter Cassie Egbert (third-generation real estate professional, managing since 2005) and her husband Andy Egbert, who brings handyman and automotive technician experience. The company operates as a two-person owner-operated LLC with no disclosed external capital, parent entity, or institutional backing. Ancillary revenue streams include a $27 non-refundable per-applicant application fee, $25 returned-check and 3-day-notice fees, and a referral real estate arm through Cassie Egbert's affiliation with Realty ONE Group Professionals.
Morehouse Property Management firmographics
Firmographics- Name
- Morehouse Property Management
- Legal name
- Morehouse Property Management, LLC
- Website
- https://morehousepropertymanagement.com
- Company type
- Private
- Founded year
- 1982
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Morehouse Property Management, LLC is a family-owned residential property management company in Meridian, Idaho, serving property owners and renters in the Boise/Treasure Valley area since 1982 with full-service tenant placement, rent collection, and maintenance coordination.
- Ownership category
- akta.pro rank
Morehouse Property Management industry classification
Industry- Product category
- Residential Property Management
- NAICS
- Residential Property Managers (531311)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Operators Of Apartment Buildings (6513)
- akta.pro primary industry
- Residential Lease Administration & Tenant Services (BPAJAFAL)
Keywords
Where Morehouse Property Management is headquartered
LocationHeadquarters
- HQ city
- Meridian
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Morehouse Property Management business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Property Management Services: Monthly management fees charged to property owners for comprehensive property management services including tenant placement, rent collection, maintenance coordination, and periodic inspections. Revenue generated from managed rental properties in the Boise/Treasure Valley area.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Non-Refundable Application Fee |
| Transaction based/ take rate | Pay-as-you-go | Online Payment Processing Fee |
| Other | Pay-as-you-go | Returned Check Fee |
| Other | Pay-as-you-go | 3 Day Notice Fee |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels8 records
Morehouse Property Management product offering
Product offeringCore offering
Morehouse Property Management provides full-service residential property management for individual property owners in the Boise and Treasure Valley area, handling advertising across multiple platforms, tenant qualification, lease negotiation, rent collection, maintenance coordination with insured subcontractors, periodic inspections, 24-hour emergency contact, and monthly disbursement statements. For tenants, the company maintains an online rental listings database, an online application system, and online rent payment processing, with property showings conducted personally by the owners.
Product overview
Morehouse Property Management, LLC operates as a residential property rental and management company serving the Boise and Treasure Valley area since 1982. The company offers a unified property management platform centered on Rental Property Management for investors, complemented by Owner Services (advertising, tenant qualification, lease enforcement, maintenance coordination), an online Rental Listings database, and integrated payment processing via PayPal. Additional services include an Online Rental Application system for tenant screening and Real Estate transaction services through a partner agent. The company is led by co-owners Andy and Cassie Egbert and specializes in providing personalized service distinguishing itself from larger competitors.
Differentiator
Problem solved
Functional benefit
Products and services
- Property Rental Management
Quantifiable outcome
- Long-term tenant retention - multiple reviews mention 4+ year tenant relationships
- +1 more outcomes
Companies that use Morehouse Property Management
Customer profileNamed customers5 records
Segments2 records
Ideal customer profiles2 records
Morehouse Property Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Morehouse Property Management partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- PayPalcorePayPal is used as the payment processor for online rent payments. The company states 'Morehouse Property Management, LLC (MPM), offers online payments as a convenience to our clients via PayPal. We do not store your credit card information. All transactions are handled through PayPal servers.' Customers do not need a PayPal account to make payments.
Scale indicators2 records
Recent moves5 records
Expansion highlights3 records
Morehouse Property Management competitors and assessment
Company assessmentRegional players
- Mainstreet Property Management: Idaho-based regional residential property management company serving Boise-area landlords. Comparable service suite including tenant placement, rent collection, and maintenance coordination.
- Accolade Property Management: Boise-area property management company serving residential investors with full-service management. Directly overlaps with MPM's service offering and geographic market.
- Atlas Property Management (Boise): Regional residential property management firm operating in the Boise/Treasure Valley market. Directly comparable local competitor with similar service portfolio for investment property owners in the same metro.
Direct peers
- Real Property Management: National franchise network offering residential property management services across the U.S. directly comparable to MPM's full-service tenant placement and management model for single-family and small multifamily rental properties.
- Property Management Inc. Franchise system offering residential and small commercial property management services. Similar full-service positioning targeting individual investors and small landlords with comparable service offerings.
- Keyrenter Property Management: Franchise-based residential property management company serving landlords with tenant placement, rent collection, and maintenance services. Directly comparable business model and customer base to Morehouse Property Management.
Others
- Buildium: Leading SaaS property management platform used by thousands of small landlords and property managers. Represents the technology-ecosystem competitor and potential substitute for MPM's manually operated service.
- Realty ONE Group (Cassie's brokerage): National real estate brokerage network where Cassie Egbert's real estate services are affiliated. Comparable as a partner channel and as an adjacent service provider to MPM's buyer/seller offering.
Broad incumbents
- FirstService Residential: Large national residential property management company serving homeowners associations, condominiums, and rental properties. Adjacent incumbent with overlapping capabilities at much greater scale.
- Greystar Property Management: Largest U.S. apartment and residential property management firm with broad multifamily operations. Comparable category offering professional third-party management, operating at significantly larger scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Morehouse Property Management social profiles
Digital presenceMorehouse Property Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Morehouse Property Management leadership team
Management profileNumber of profiles
Profiles2 records
Morehouse Property Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Morehouse Property Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Morehouse Property Management
What does Morehouse Property Management do?
Morehouse Property Management provides full-service residential property management for individual property owners in the Boise and Treasure Valley area, handling advertising across multiple platforms, tenant qualification, lease negotiation, rent collection, maintenance coordination with insured subcontractors, periodic inspections, 24-hour emergency contact, and monthly disbursement statements. For tenants, the company maintains an online rental listings database, an online application system, and online rent payment processing, with property showings conducted personally by the owners.
Is Morehouse Property Management a public or private company?
Morehouse Property Management is a private company. It is classified as family owned and is currently operating.
When was Morehouse Property Management founded?
Morehouse Property Management was founded in 1982. It employs 1 to 10 people.
Where is Morehouse Property Management based?
Morehouse Property Management is headquartered in Meridian, United States, in the North America region.
How does Morehouse Property Management make money?
One revenue line is on record: property Management Services.
Who are Morehouse Property Management's main competitors?
Regional players on record are Mainstreet Property Management, Accolade Property Management and Atlas Property Management (Boise). Direct peers are Real Property Management, Property Management Inc. and Keyrenter Property Management. Others are Buildium and Realty ONE Group (Cassie's brokerage). Broad incumbents are FirstService Residential and Greystar Property Management.
Does Morehouse Property Management have an API?
No public API is recorded for Morehouse Property Management.
What industry is Morehouse Property Management in?
Morehouse Property Management's product category is Residential Property Management. Its primary akta.pro industry code is BPAJAFAL, Residential Lease Administration & Tenant Services. Its NAICS code is 531311 and its SIC code is 6531.