Archives for December 2017

Latitude’s 24/7 General Contracting Group

When it comes to the management of a property, it’s essential that you work with a professional team of contractors. At Latitude Properties Limited, we have our own general contracting group that allows us to easily handle any maintenance and repairs on properties. Maintenance is a big part of any property management effort. It’s necessary to know that a property will be well-maintained, not only when there is an emergency, but also in terms of general maintenance to ensure that the property always retains its value. There are many reasons why a contracting team can be a big help, and… [Read More]

Latitude Properties: The Pros Of Hiring Experts

The saying that a good management company is worth their weight in gold is not without reason. This is something numerous seasoned real estate investors live by. Your property can gain significant value thanks to a competent property manager. Indeed, impeccable results can only exist if a management company is trustworthy, competent and an overall good fit for your property. If you happen to be on the lookout for such a company, look no further than Latitude Properties Limited. Here are some ways you can benefit from hiring a good property management company: An Increase In Investment Value Putting in… [Read More]

Property Basics: Winter Upkeeps to Remember

As a property owner, it’s important to make sure that you are always prepared, especially when it comes to winter. That’s why property management companies are so beneficial to work with. They ensure that the property is maintained, repairs are attended to, and tenants are happy. When it comes to residential property management, you need to prepare for the winter months and ensure that your property is comfortable and safe. Doing property maintenance in the winter is always harder and can be risky too. Knowing what needs to be done before hand and doing the necessary maintenance before winter strikes,… [Read More]

Property Management: Allowing Pets in Rentals

Finding a good tenant is always important when you rent out your property. That’s why you should carefully consider what you will allow, and what your requirements are. But sometimes it may be beneficial to make a few changes to your requirements for tenants; one such exception will be pets. In Ontario for example, a ‘no-pets’ clause will be void in a lease unless you are renting a condo where it’s against the declaration. So, if you allow people with pets to move into your property, you cannot kick them out because of it. That’s why it might be a… [Read More]

Tips for a Safe Tenant Environment This Winter

When it comes to residential property management, landlords have a lot of responsibilities. And with winter on the way, the list gets even longer. But with a little planning and preparation, you can handle this winter easily and effortlessly and create a great environment for your tenants. There are so many things to remember when winter is on its way, not only do you have to ensure that everything on the property is working as it should, but you should also keep in mind that winter is a colder time of the year. Here are a few great tips to… [Read More]

Traits a Great Property Manager Should Have

Property managers fulfill a very specific role; they handle all aspects of a residential or commercial property on behalf of an owner and this means a lot of responsibilities too. Property managers should have the necessary knowledge and expertise to handle a property effectively, but they should also know how to keep both the tenant and the landlord happy. And that’s no easy task. So, what makes a great property manager? In short, one who can handle all aspects of property management flawlessly. One who values business relationships and offers great customer service. Since the demands and requirements for every… [Read More]

Tips on How to Manage New Property Regulations

If you own property, you’ll know just how important it is to properly manage it. That’s why many property owners choose to have a dedicated person or team handle their property management. Whether you have a residential or commercial property, effective management is essential. If you rent out your property, you can have residential property management experts handle the entire day-to-day operations of the property on your behalf. The same holds true for corporate properties; corporate property management can help you to focus on other areas of your business, while you have experts handling everything from tenant placements, to maintenance… [Read More]

How to Properly Manage a Commercial Building

If you own a commercial building, you know just how challenging it can be to manage it properly, especially when you have other business to attend to. That’s where commercial property management services come in; you can have a professional team handle your property on your behalf, keeping an eye on your investment. If you are managing a commercial property, here are a few great tips to keep in mind: Keep track of your leases. Managing individual leases can be difficult, which is why you need to keep an eye on them. They may all have different terms, and you’ll… [Read More]

How to Keep Your Renters Happy This Winter

Owning a property is about more than just doing renovations and maintaining its appearance. It’s also about your tenants; you build a relationship with them and that’s why it’s always a good idea to try and keep them happy wherever possible. Winter time can be quite challenging for most landlords, so it’s the perfect time to prepare in advance and ensure your tenants are looked after. Improving Tenant Retention A successful part of any Waterloo property management team is to retain good tenants throughout the year. You want your tenants to be happy, so that they can stay on for… [Read More]