Blog | Latitude Properties Ltd

Property Management: Easy Ways to Attract Tenants

June 17, 2017 No Comments

When it comes to owning rental property, the goal is to have steady tenants. Whether you have a vacation home for rent, commercial or residential property, you need to find tenants who will stick around so you can earn a steady income. But how do you attract tenants to your properties? If you are just starting out with real estate investments, your budget is most likely limited. Read on to find out how you can attract tenants in Kitchener in an inexpensive way. Social Media One of the best ways to attract new tenants is via social media. If you

Property Management Fees Explained

June 15, 2017 No Comments

A property management company is a must when it comes to owning rental properties. As you invest in real estate, be it vacation properties, condos or even commercial property, it is important to have a team in place to help you manage the day to day operations. With a team, you have the ability to focus on your business while the property management group handles issues with tenants, rental payments, upkeep, etc. When you hire a property management company, there are fees involved. The type of fees that you pay will be based on the company you choose to work

Avoid These Common Property Management Mistakes

June 10, 2017 No Comments

When it comes to real estate property management, you want to have a team in place to take care of the day to day operations of your properties. Whether you have residential or commercial investments, with a property management team in place, you will be able to see your properties thrive while earning you a steady income. A management company has the know-how as well as experience to help you in any given situation, be it handling tenants or property maintenance. If you try to handle the management yourself, you may end up making a few mistakes. Below are a

How to Find a Reliable Property Manager

June 7, 2017 No Comments

Finding a reliable property management service for Kitchener properties is a must if you want to be successful. It can be quite difficult to handle the day to day operations yourself. With a team in place, you will find the tenants are happier and you are making more money on your investments in the long term. But how do you find a reliable property manager? What should you look for? Read on to find quality tips on locating a property manager for your real estate investment needs. Research Online The internet is your friend when it comes to finding out

Signs You Didn’t Hire the Best Property Manager

June 3, 2017 No Comments

So you have hired a property manager to handle your commercial or residential property needs, congratulations! A property management team is just what you need to succeed. Did you do your due diligence and find the best property manager in your area? Property management services in Waterloo are important if you want your real estate investments to thrive. It is also important to stay in contact with your property manager and watch for signs or red flags. Below are three signs to look for when deciding if the company you hired is a good fit and is performing well. Tenant

Property Management Checklist

May 29, 2017 No Comments

When taking on the role as a property manager, there are several factors that need to be considered in regards to the property. As the manager, you are in charge of every aspect so having a checklist is essential to not forgetting anything that needs to be done. By providing quality service to the client, you will be able to build a successful career as a property manager. Property management service companies can be big business, in both the residential and commercial real estate industries. Learning how to be the most effective as a manager will ensure your success in

Hoarder Tenants: How Can Residential Property Managers Handle Them?

May 25, 2017 No Comments

As a property manager, it is your job to handle the tenants of your client. Residential property management services provide the client with one-on-one customer service for every tenant. You will be in charge of rental payments, the maintenance and upkeep of the property as well as dealing with any client issues. When it comes to rental properties, a common occurrence is hoarding. When a tenant is a hoarder, it can mean that the property is under duress due to unsanitary living conditions, the home may be a fire hazard or at risk for damage. As the property manager, it

Common Reasons Why Tenants Don’t Renew Their Lease

May 21, 2017 No Comments

Are you a residential property owner that has seen a high turnover rate when it comes to tenants? Have you found that good tenants do not stay at your property once their lease agreement expires? If you find that you are having a difficult time retaining tenants, then their might be a problem, most likely within your property management services. Every tenant is different, but all expect certain aspects when it comes to renting residential property. Most tenants will stick around unless something major takes place that has them wanting to find a new place to live. Below are the

Common Challenges of Property Managers in 2017

May 18, 2017 No Comments

As a rental property manager, you will constantly face issues and challenges. For 2017, the real estate industry is booming which has created an ever-growing need for quality industry property management service as well as residential and commercial options. Property owners want someone in charge of their investments that will provide excellent service and help them to turn a profit. So what challenges should you expect as a rental property manager? Read on to see these common issues and what you can do to avoid them. Bookkeeping A big factor to being successful as a property manager is bookkeeping. Your

Apartment Repairs: Should my landlord compensate me?

May 15, 2017 No Comments

When you become a renter, you soon learn that you must deal with the landlord on a regular basis in order to have the property cared for, make rental payments and to send in any complaints you may have about the property. As far as the landlord is concerned, there are certain repairs that they are responsible for and some aspects they are not. It is important to know the difference so you are not paying for something that you would otherwise be compensated for. Landlord Repairs Despite what may or may not be listed in the rental agreement, there