Blog

Welcome to the Logical Property Management Blog. Below you'll find blog posts specific to Property Owners or Tenants to learn more about how we work and what you should be looking for.

2021-04-07

COVID-19 Tenant Payment Performance Update through March 2021

  We truly hope you appreciate our extra efforts to keep you informed about the COVID impact on tenant payment performance. There are a lot of issues outside of our control, but we want to communicate to keep you informed. Please send us any suggestions for what additional information you’d like to see. Please be […]

2021-04-05

10 Lease Documents Every Landlord Needs to Protect Themselves

You can’t close a rent agreement with just a handshake! Nowadays, nothing is verifiable (or provable in court) until there’s lease documents to back it up. Still, we’re amazed at the number of landlords who don’t get important information in writing when dealing with their tenants. Landlords are required to process and manage multiple lease […]

2021-03-22

The Ultimate Real Estate Glossary: Letter Cs

  Have you ever paused reading a real estate article just to search the meaning of the terms and jargon they use? If you’re a landlord who’s just starting out, all the terminology can seem overwhelming at first.  That’s why we’ve put together this comprehensive list of jargon and terms in our Ultimate Real Estate […]

2021-03-15

Commercial Renting in Metro Detroit During COVID

COVID-19 has changed everybody’s work habits and business structure—temporarily, in some ways, but also quite permanently in others, especially for the commercial real estate industry. Though the pandemic is slowly easing up, businesses might continue to incorporate work-from-home arrangements, relocate to the suburbs where rent is cheaper or cut down on headcount. Moody’s Analytics even […]

2021-03-08

The Best Ways to Build Equity for Rental Investors

What is equity? In simple terms, equity is the difference between the value of a house and what you owe. Equity can grow by itself and increase your net worth, providing a source of funds for you to acquire more rental properties. Keep in mind that equity is “invisible money” that only becomes cash when […]

2021-03-01

The Ultimate Real Estate Glossary: Letter Bs

  New to the real estate industry? Knowing the right terms can help you learn faster, engage with your industry peers, and propel your real estate business further. Getting familiar with all the industry jargon usually takes some time, but this comprehensive real estate glossary makes it easy for you to walk and talk like […]

2021-02-22

The Ultimate Real Estate Glossary: Letter A

The real estate industry has so many terms, it truly is its own language! Most people will tell you to just learn the real estate glossary. as you go along—eventually, you’ll get the hang of it and pick up industry vocabulary. In reality, that takes a really long time. You don’t want to spend years […]

2021-02-08

How To Get Your Multifamily Rental Through COVID

All landlords have been facing unprecedented challenges since the start of the pandemic, but multifamily rental (MFR) owners arguably have even more headaches to contend with because of the impact of COVID-19. In addition to grappling with the financial implications of some of their tenants being out of work and unable to pay rent, Multifamily […]

2021-02-01

Top 7 Tips on How to Maintain your Rental Property

As a landlord, you want to get the highest returns possible from your investments. Several factors affect your ROI, but the most important one is protecting the value of your properties. The best way to protect their value is to maiontain your rental property It might sound awfully simple, but it’s not as easy as […]