Part 2: Final Steps To Avoid A Long Vacancy In Your Rental Property

The number one reason why so many property investors run into difficulties when they first venture into managing their own properties is that they underestimate what it takes to succeed. Lacking the knowledge, resources and most importantly, time ends up being a huge blow for many property management first timers. There are ways to avoid some mistakes and streamline the process, which can greatly help reduce unnecessary vacancy days. Commercial property management services are a serious matter and some helpful steps were discussed in Part 1 of the series. Now it is time for the final steps to minimize needles… [Read More]

A Guide To Commercial Roof Inspections

Inspecting roofs and conducting maintenance on them should be done at least twice every year. An inspection in the fall serves to ensure the roof is prepared to withstand harsh winter conditions. A spring inspection will help identify any damage that occurred over the winter months. Keep in mind that scheduled and regular roof inspections are a crucial part of commercial property management services. Property managers should use a plan of the roof when conducting an inspection and mark the locations of any damage. It is also a good idea to use photographs to document changes in the condition of… [Read More]

Protect Your Bottom Line With Latitude Properties Limited

Investors often fail to realize a number of different aspects of managing real estate properties. Regardless, it is clear that rental property is a smart financial investment. Investors who believe that it is a smart decision to become landlords at the same time frequently come across a number of common, yet completely avoidable mistakes. Industrial real estate property management is complicated enough as it is, which is why learning from these mistakes and doing your best to avoid them is a wise choice. Industrial Real Estate Property Management: The Most Common Mistakes Here are the most common mistakes that can… [Read More]

Part 1: Steps To Avoid Long Vacancies In Your Rental Property

You lose money every single day if you own a rental property and your tenant moves out. When you consider the fact that, unless you have a strong marketing plan, the average vacancy lasts between two and three months, it becomes obvious that your bottom line is in danger. Inexperienced property owners often don’t have the knowledge or resources to quickly rent their property. As a result, they end up with more vacancy days than needed. If you are struggling with long vacancies and are situated around Kitchener, rest assured that professional Kitchener residential property management services are the best… [Read More]

Improvement Tips For Your Rental Property’s Curbed Appeal

Regardless of whether you are renting or selling your property, curb appeal will either make or break your listing. When it comes to property and real estate rentals, first impressions mean everything. In fact, many renters of potential buyers won’t even consider stepping inside a home if they don’t like how it looks from the outside. Impressing your potential tenant is best done during your first showing, which exactly why curb appeal is so important. Visit www.latitudelimited.com for more details. Curb Appeal Improvement Tips Curb appeal plays a hugely important role in first impressions. It is what attracts potential buyers… [Read More]

Commercial Property Management: DIY Vs Experts

Many real estate investors new to the game believe that being a landlord is the best option. However, managing your own property requires an incredible amount of sweat, effort, and hard work. Even though being a landlord is viewed as a passive source of income, rest assured that hiring a professional commercial property management company is the far better choice. Why Is It Better To Hire Professional Commercial Property Management Services? Professional commercial property management companies like Latitude Properties, Ltd. offer a number of advantages: You won’t have to deal with enforcing rules and making difficult decisions; Tenants will not… [Read More]

How To Make Your Residential Property More Appealing To Millenials

If you are a landlord or property manager looking to find new tenants for your property, you probably know that catering to millennials is a wise business strategy. However, you should know that millennials are very different when it comes to their living spaces than previous generations. Compared to people in different age groups, they are less likely to move once they’ve found an ideal rental space. Attracting millennials from the Waterloo area requires specific targeting; something that is best done by professional residential property management company. Waterloo Residential Property Management: Tips For Appealing To Millenials Marketing to millennials the… [Read More]

Spring Maintenance Tips for Your Residential Property

  Protecting the value of your property is very important in the long term. Spring is the ideal time of year to inspect your property proactively and check to see whether winter weather and cold temperatures caused any damage. If they have, you should invest in maintenance repairs in order to keep your property functioning safely and efficiently. Maintenance is one of the most important residential property management services, so here are some tips on what you should do. Residential Property Management Services: Maintenance Tips Among a number of different things to check around your property, here are three particularly… [Read More]

The Don’ts of Managing a Commercial Building

One of the most important things about purchasing a commercial investment property is ensuring you successfully maintain a profit on it. Commercial property management services are necessary if you want your investment to stay lucrative. This is something that many landlords attempt to do on their own. However, it is important to understand that professional property management companies are the best option here. This is because they have the time and knowledge to manage the property in the most profitable way. Commercial Property Management: What Not To Do There are a number of things to avoid when it comes to… [Read More]

Top-Notch Property Management Services With Latitude Limited

If you have decided to hire a professional property management company like Latitude Properties Limited to take care of the management of your rental property, you could not have made a better choice. This means you are now free from handling all the details, keeping up on laws and regulations and dealing with tenants daily. On the other hand, you still want to be informed about what goes on with your property. This can cause a number of new and unexpected problems in your relationship with your property management team. Don’t worry because there is a solution. Typical “Pains” In… [Read More]