Property Rental: Electrical Checklist For Spring

  The City of Waterloo is a great place to live: it is a developed and urban community that has managed to hold on to many parts of its suburban charm. It is popular with tourists and offers a wide range of interesting activities ideal for both individuals and families. These are just some of the reasons why renting out a property in Waterloo can be a profitable move. However, residential property management in Waterloo, as well as elsewhere, can easily turn into a nightmare. When looking to rent out a property in this beautiful city, be sure to consider… [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]

Property Management: Allowing Pets in Rentals

Finding a good tenant is always important when you rent out your property. That’s why you should carefully consider what you will allow, and what your requirements are. But sometimes it may be beneficial to make a few changes to your requirements for tenants; one such exception will be pets. In Ontario for example, a ‘no-pets’ clause will be void in a lease unless you are renting a condo where it’s against the declaration. So, if you allow people with pets to move into your property, you cannot kick them out because of it. That’s why it might be a… [Read More]

How to Keep Your Renters Happy This Winter

Owning a property is about more than just doing renovations and maintaining its appearance. It’s also about your tenants; you build a relationship with them and that’s why it’s always a good idea to try and keep them happy wherever possible. Winter time can be quite challenging for most landlords, so it’s the perfect time to prepare in advance and ensure your tenants are looked after. Improving Tenant Retention A successful part of any Waterloo property management team is to retain good tenants throughout the year. You want your tenants to be happy, so that they can stay on for… [Read More]

Residential Property Management: Winter Property Tips For Waterloo Landlords

Winter can be a magical time of year for most children. However, for adults, winters in Canada tend to be a more troublesome time of year for many reasons. It is cold, there’s lots of snow, and everything seems to work and move slower. It’s even more difficult for landlords, who typically have more to worry about on their properties in winter than any other season. If you’re a landlord and happen to be situated in or around Waterloo, maybe it’s time to take it easy; consider letting a professional residential property management company like Latitude Properties Limited worry instead…. [Read More]

Property Management Is Easier With a Realtor

As far as daunting tasks go, navigating the rental market certainly qualifies as one. Rental properties throughout Canada are in high demand; nowadays, rentals are not only receiving multiple offers but are also typically going to the tenant who bids highest – often for above the asking price. When it comes to property management, the current situation offers two main courses of action: either tackle the market on your own and hope for the best, or go the easy way and use a real estate professional. Why go for the latter? Because there are many advantages that come with opting… [Read More]

The Things You Need To Know When Buying A Condo

If you’re thinking about downsizing from a house to a condominium, you should be aware that both have their advantages and disadvantages. The process itself is fairly straightforward; however, you need to be aware of certain considerations that go along with changing your residence. Whether it’s buying a condo or a house, things like your available budget, the condition, location, layout, size of the condo are all important elements when weighing your options, and particularly so when it comes to Waterloo property management. However, switching to the condominium lifestyle carries with it additional factors that aren’t present when looking to… [Read More]

Property Management: Qualities of Ideal Tenants

In order to make your life as a landlord as stress-free as possible, naturally, it is in your best interest to only rent to the best tenant possible, which is a typical concern especially when it comes to Waterloo property management. However, it is a given that there are no guarantees when it comes to the future quality of a tenant. Yet, there are several key factors that might help you decide what kind of tenant they’ll end up becoming. 1)    Being Able To Afford The Rent Or, in other words, their willingness to pay what is owed to you…. [Read More]

How to Effectively Pre-Screen Your Next Tenant

Many feel that the screening process of potential tenants starts with an application or a background check. However, this is not the case. The process actually starts with the initial contact, right after one has begun advertising for their property and has begun receiving calls. This process is known as “pre-screening” and is standard practice in property management, especially in and around Waterloo. Once again contrary to popular opinion, screening is a process that can take a long time; it is not a quick activity that serves an even quicker result. You don’t want to waste time on every single… [Read More]

How Property Management Offers Winter Protection

Winter brings about a plethora of problems not just for humans, but for nature, structures and all things man-made, including rental properties. Freezing damage in pipes is one example of what might happen if you don’t take care of your investment. You should understand that, regardless of the fact that you can’t control winter, there is plenty you can do to protect your property. 1. Make Sure To Cover Outside Appliances When talking about sheltering outside appliances from the ice and snow, it almost goes without saying that any external appliances, such as central air conditioners, for example, need to be… [Read More]