How Social Media Can Help You Attract Waterloo Renters

Waterloo Property Management: How Should You Advertise? Attracting renters in and around Waterloo can be a difficult task. Recent measures have made it harder for first-time buyers to enter the real estate market, and real estate prices are skyrocketing. Hunting for good tenants with great credit scores is tricky enough as it is, and all of this means it might be time to switch over to professional residential property management. Compared to any combined numbers for local and more traditional advertising methods, the fact of the matter is that more people use social media nowadays. This means it is much… [Read More]

How Latitude Property Management Can Help You With Your Rental Property

Buying rental residential real estate for investment purposes is something more and more Canadians are doing. In most cases, such properties offer stable income that is enough to cover almost all expenses, not to mention a real estate asset that is likely to appreciate in the long term. However, at Latitude Property Management, we understand that becoming a first-time landlord carries numerous risks and a ton of stress. Hence, the assistance of a professional property manager offers not only protection but also peace of mind with regards to the long-term security of your investment. Why may you ask? Well, there… [Read More]

Are You Doing All Your Homework When Choosing Your Next Tenant?

Regardless of whether or not you’re the type of person who looks for the best in people, if you also happen to be a landlord and are situated in Kitchener, it pays to be extra careful. Good property management and paying rent on time is something most residential (long-term) tenants accomplish easily. However, it’s important to do the proper research thoroughly and in advance, so that future tenants don’t turn out to be more trouble than they’re worth. For example, when advertising for tenants, it pays to state that you also do credit and background checks. In addition to receiving… [Read More]

What to Consider When Buying a Real Estate Rental Property with a Partner

Careful, not cynical Sometimes, when a warning is given to someone it’s regarded as being cynical! These sensitive souls when it all goes wrong for them, then can turn around and ask why they weren’t told! Being careful is always a requirement in any situation that combines money and personalities. This includes buying and investing, which can involve real estate property management. It’s not only a question of giving your money to someone, but in how well they will assist in managing it and making a profit! Think smart Going into a property partnership means you have to be smart,… [Read More]

Property Management 101: The Pros and Cons of Utility-included Rental Agreements

Renting and Utilities The case for a landlord or their tenant being responsible for the payment of utilities; it’s an issue that can rear its head at any time in relation to residential property management. Looking at it from the point of view of a landlord, one of their financial goals in leasing out a property is to maximize cash flow. Therefore, as there are positive and negative factors involved, the different options must be seriously considered before a formal agreement is completed. By including utilities in the monthly rate; within the sphere of the property management, it could prevent… [Read More]

Property Management Query: Should You Furnish Your Condo or Otherwise?

Condo Furnished vs Unfurnished Starting with what is generally the first thought for a property owner considering renting out their property, is the financial cost and return! If you’re a landlord, you to want the best return on your investment that you can get. Primarily, you will be looking at spending more money initially on furnishings, but this will depend on the type of furnished condo you are considering. In other words, where it’s located and what type of tenant can you expect! This is where you would be wise to seek some advice from a Kitchener property management service…. [Read More]

Residential Property Enhancement Tips: Making a New Place Feel Like Home

The inspirational bed As we tread our way carefully through this title it’s a matter of fact that the bed is a crucial factor in how we appreciate our own space. It’s an important part of our home and personal environment because it’s not only where you sleep, read a book, watch television, study and sleep, your bed is a refuge from the outside world. When you are seeking accommodation helped by a residential property management service one of the foremost considerations is whether the bed will fit into a certain space! Looking deeper into your new home, the sensations… [Read More]

Kitchener Property Management Tip: Costly Mistakes Many Landlords Make

New landlord mistakes Being a landlord sounds so easy when you say it quickly; however, it’s also a business that is filled with pitfalls for the unwary, the careless and the lazy! On that note, we can start at the very beginning with choosing your tenants. Firstly, check their credit references, as you will discover that the majority of your future issues will be contributed to by tenants with a poor credit rating. So, take the time and energy to do this particular task properly! If you have a Kitchener property management team acting on your behalf, stipulate this as… [Read More]

How Renters Find Available Residential Properties with Simple Management Methods

The action plan Having given some consideration to what they want in their next apartment, for example, the preferred type of landlord or residential property management service and the price range the prospective tenant is now ready to begin the search. At least, with some form of an action plan in mind, their search should be more effective and faster. The most obvious and convenient starting point is obviously the Internet and a residential property management service with many and varied sites waiting for their search criteria. This will include primarily the desired location, type of accommodation, price range and… [Read More]

Some basic tips to stay on your landlord’s good side

Kitchener property management companies have vast experience working with residential properties and seeing tenants come and go. Property owners want to keep tenants that pay rent on time and keep their property in good shape. Tenants want to find a nice place to live that makes them feel happy and content. As the tenant, it is important to work on creating a good relationship with your landlord. By having a quality relationship with the property owner, you can enjoy your home for years to come. But how do you create a relationship with this individual? Know Your Rights as the… [Read More]