Protecting Your Industrial Property from Flooding in the Spring

Spring is the time of year when floods are most common. The forces of nature are not something we can control, but there are always ways in which you can prepare for potential floodings. Companies specializing in industrial real estate property management have become experts in preventing damage related to the infamous spring floods. Protect Yourself from Spring Floods While floods are a common occurrence in some areas, when spring comes, the risk rises tremendously even for places which are not usually victims of floodings. Of course, this is due to the change in the weather. When temperatures start rising… [Read More]

Different Types of Industrial Properties

Industrial property management is a specialized service and in order to manage an industrial property effectively, one needs to understand the different types of properties in this category and where each one fits into the marketplace. Industrial properties are one of the four main types of commercial properties, the other three being retail, office, and multi-family, and they usually have industry-specific requirements. This is a broad category that covers many different kinds of buildings with multiple uses. Warehouses and Distribution Centres These are large, single story spaces that are predominately used to store and distribute stock. These buildings can vary… [Read More]

Property Management Services Needed as Industrial Properties Expand

The demand for industrial space is high throughout the Waterloo Region and owning an industrial property can be a great investment. But remember, properties don’t take care of themselves and they need to be well managed in order to generate a good income. Even a market with a high demand for industrial property doesn’t automatically guarantee full-time occupancy. Your property needs to appeal to the right industry and offer tenants a good, workable space. Industrial properties can be divided into different categories and it is important to understand where your property fits in the market. This will help you advertise… [Read More]

Assessing Your Industrial Property’s Fire Safety? Latitude Can Help

Due to the size of investment required to purchase or lease an industrial property, there are few businesses that would be willing to settle into a new building without some kind of property inspection. Unfortunately, these traditional assessments don’t always take into consideration the importance of the life safety and fire systems, especially where the property’s purpose has been changed. A warehouse or buildings used for manufacturing may not have required the same safety systems that are needed when the purpose is altered, making a new assessment of the building and subsequent safety protocol a necessity. Industrial properties have a… [Read More]

4 Clear Damage Signs to Look for When Buying a Property

Looking for a new home for yourself or your family is one of the most significant events in most people’s lives. Finding the right property is crucial but can also be challenging. One of the most important aspects is avoiding future problems and expenses resulting from pre-existing damage. By looking out for the following signs, you can save yourself a lot of money and headaches. The financial and emotional challenges resulting from buying a home riddled with underlying problems are some of the main reasons buyers seek out the advice of residential property management specialists like Latitude Property Ltd. Common… [Read More]

Completing Proper Tenant Background Checks? Latitude can Help

Tenants can be a real handful, but a bad tenant can make you reach a point where you think tenants are more hassle than they are worth. But renting out your property doesn’t have to be a horrible experience. There are lots of great tenants out there and there are steps that you can take to ensure that you get a good one. Corporate property management companies, like Latitude Properties Limited, have years of experience in matching landlords and tenants and can help you screen tenants and make good choices. It is the landlord’s responsibility to verify tenant information and… [Read More]

Corporate Property Management Basics: Fire Safety Plan

Owning a corporate or commercial property is a good investment but, like all business properties, it needs to be properly managed and maintained. It is the responsibility of the owner to ensure that their property meets all the necessary legal requirements and this can be a daunting task. Corporate property management companies, like Latitude Properties, are there to take the stress out of managing your corporate property investment. Fire Safety Needs to be Taken Seriously Fire safety is a serious concern for all cities and being up to date with fire safety regulations should be a priority for all corporate… [Read More]

Will Your Home Survive a Winter Storm?

Winter storms in Ontario can be devastating and preparing your home or apartment for the winter is essential. As a landlord, it is important to ensure that all your residential properties are ready for any winter storms and blizzards that may strike the area. This is not only for your tenants benefit, but your own as well. As the bad weather approaches, it is necessary to make sure that everything is in order at your own home, and any commercial residential properties that you own. It is important to do these preparations during the fall and not leave them for… [Read More]

Fireplaces are a Great Feature But is the Chimney on Your Property Safe?

A wood-burning fireplace is a great comfort and a cost-effective means of warming your home. An inadequate or dirty chimney, however, can cause all sorts of possible negative and potentially dangerous consequences. We’ve compiled a list of the most important things to look out for in terms of maintaining your chimney and ensuring its safety. What’s Inside that Matters Peering at the outside of your chimney doesn’t really reveal what’s going on inside. A solid-looking exterior isn’t necessarily an indication of a safe and effective interior. Without having an expert assess the inside of your chimney, you may miss various… [Read More]

6 Effective Ways To protect your property from Storm Damage

To help property maintenance, companies like Latitude Limited stay on top of the precautions required to protect your rental properties against potential storm damage, look out for the following six points: Weather Watch By keeping an eye on the weather forecast, you can make sure you’re prepared for any possible extremes. Watch out for severe weather warnings from Environment Canada, whose reports are regularly updated. It is then possible to ensure your properties are as storm-proof as possible should the weather takes a turn for the worse. Trees a Crowd Although many of us fear the thunder and lightning that… [Read More]