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.
There are several goals you could renovate toward; make sure you’re pointing in the right direction! This isn’t an article about what to renovate — there are tons of those on the Internet, and we’ve even written a couple ourselves. This is an article about how to renovate: about changes you can make to the […]
The Answer Is Not ‘Find Buried Treasure Under It.’ Sorry. One of the often-repeated lessons in the thousands of “Property Investment for Beginners” websites, seminars, classes, and other material out there is the simple precept Don’t Invest in Low-Income Neighborhoods (or some variation on that theme.) But like every rule in life, there are exceptions […]
Clue Number One: It Has No Roof. It’s hard to say with confidence that any given part of a rental home is ‘more important’ than any other — they all kind of have to work together in a very specific way to accomplish their job — but if there was one part that fit the […]
Opportunity is Knocking! …Or Is That the Plumbing? Last week, we went over the fact that owning your home is, on average, about twice as affordable as renting — and why. The lack of first-time buyers created by strict debt-to-income ratio laws and high down payments is creating a slowdown in the entire consumer housing […]
If You Can’t, It’s Obviously A Great Time to Rent a House! It’s actually been a very long time since buying a home cost more than renting one — since 1991, to be precise — but there are a lot of extrinsic factors that have made renting a better option in general for most people. […]
Capture your share of the moving-within-town market! We stumbled across a fascinating infographic by HomePropertyManagement.com recently, and it got us to thinking. According to the graphic linked above — and we’re pretty confident that HomePropertyManagment.com knows their stuff — more than 1 in 10 families have moved each year for the past few years. More […]
No Second Chance for a First Impression Whether you’re a novice investor wondering what to do with your first property or a seasoned property manager with scores of active properties under your belt, it pays to know exactly what it takes to get a freshly-purchased investment property ready to rent. Here’s our take on the […]
There’s Never Been a Better Time to Be a Property Owner in Detroit Just nine months ago, the news cycle around Detroit had several reports out assuring everyone that it was much better to buy a home in Detroit than it was to rent here. It put a tiny bit of a damper on the […]
The most important eyes you can get on the property you’re considering…are someone else’s. So, you’ve found a decent property in a decent neighborhood. You’ve run the numbers and determined that it will be profitable. You’ve even looked into the cost of repairs and decided that you can afford it. You’re ready to move forward […]
Even an otherwise-excellent investment property can become your Kryptonite if it needs too much work or you spend too much. We’re assuming by now that you’re reading this because you’re looking into becoming a real-estate tycoon and you want to know whether that rental investment you’ve got your eye on is likely to be worth […]