Archives for July 2018

Property Management: How to Keep Tenants from Leaving

Good tenants are worthy of your efforts, and the last thing you want to do is drive them away with careless mistakes. If you want to keep the tenants who are paying rent on time, never cause trouble, and treat the unit with attention and respect, you must respond with an equal amount of devotion. Latitude Limited points out a couple of big mistakes to avoid if you want to keep your favourite tenants. Biggest Mistakes That Make Good Tenants Leave Neglecting Pest Prevention – Every unit can become a target for pests, regardless of the quality of the building…. [Read More]

Advantages of Hiring Industrial Property Management

Are you having trouble running multiple industrial properties? In this case, hiring a professional industrial property manager could be just the right solution. Property managers can do a lot to ensure the growth of the property’s monetary value by ensuring regular repairs and maintenance. Latitude Properties gives you insight into the numerous reasons why you would benefit from the help of an industrial property management agency. Benefits of Good Industrial Property Management If you were wondering what a professional real estate manager can do for your industrial property, you don’t have to look very far to find the reasons. Here’s… [Read More]

Things to Look for When Hiring a Commercial Property Management Firm

There are more than enough reasons for a commercial property owner to hire a professional property management firm. Unlike private properties, commercial ones are subject to countless regulations, requiring an extensive year-round management plan. Not only property maintenance but also the relationship with tenants and contractors require full devotion. Running a commercial property is demanding and can be overwhelming even for someone with experience. Having a property in need of repairs could result in fines and loss of tenants, neglecting these issues will make a noticeable difference in your bank account. When choosing the right commercial property management firm, one should… [Read More]

Part 1: 4 Management Tips to Help the Search for Reliable Tenants

Every rental owner wants the most reliable tenants possible. Your ideal tenants will pay the rent on time, won’t cause any problems, and keep the property in good shape. If they decide to move out, they’ll give a timely notice, leaving the home clear and clean. However, this kind of a tenant is not very easy to find. Here enters residential property management, with the right tips to attract the right tenants. How to Attract Reliable Tenants Getting the best tenants depends on your skill to maintain the unit or the property, choosing a competitive rental price for it, and… [Read More]

How Landlords Benefit From Property Managers

Property leasing can generate thousands of dollars in income if done properly. Failing to navigate important issues, and what was once a possible source of income can easily turn into a money pit. Property owners who try to take up all of the property management duties on their own soon realize they don’t have the capacity or knowledge for it. It requires a certain level of skill to run a rental, which is why property management firms come in handy. Latitude Limited gives some insight into what you’re gaining from professional property management services. Benefits of Hiring a Property Management… [Read More]

Common Tenant Complaints and How Property Managers Handle Them

Residential property management can be overwhelming, as it calls for responding to an endless list of duties towards the property and the people involved with it. Navigating a good relationship with tenants is important not only for keeping the good ones around and reducing the turnover but also for protecting yourself from liability for issues that often come up with every residential property. Tenants expect their units and buildings to be in perfect condition, and any issue that comes up, be it maintenance issue or a loud neighbor, affects their lives and busy schedules.   Most Frequent Tenant Issues When… [Read More]

Attributes of a Good Commercial Property Manager

While a successful rental can increase your income, it takes regular commercial property management to ensure you’re maximizing your profits. Choosing the right property manager is the key to a profitable and well-maintained commercial rental. Those property owners who are new in the industry should know which qualities make for a good property management company. Latitude Properties gives some insight on the good property manager qualities. Qualities of Great Property Managers Amazing property managers pay attention to the “big picture”, always aiming to maximize their client’s earnings by bringing the property’s true potential to light. That being said, they also… [Read More]

A Look at Commercial and Residential Property Management

For a property owner, choosing the right manager to run their leasing business makes a difference when it comes to time and profits. Finding the right firm requires knowledge of specific needs your building requires. Different types of properties need a different approach to property management, you wouldn’t maintain a commercial property the same way you would a residential property. When looking for a professional property management company, it’s important to find the expert who does a great job dealing with properties in your specific category. Here, Latitude Properties discusses some of the ways in which residential property management differs… [Read More]