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.
In 2020, it was estimated that 11% of all housing units in the United States are abandoned—that’s over 16 million properties across the country that you could purchase, flip, and rent out. Plus, just because a property is unoccupied doesn’t mean it’s uninhabitable, as vacancy could be influenced by location or demand and supply without […]
When it comes to investing during a recession, you might be tempted to keep cash by your side and avoid pouring it into an asset. You might be hesitant to make big purchases like real estate, for example. The economy can be unpredictable and market downturns may come out of nowhere… Right? If you’re a […]
You’ve already got your first rental property—or a few—and now you want to broaden your portfolio. Should you stick to the same area, or expand into new locations to diversify? And if you want to look to greener pastures, what critical factors should you keep in mind? If you’re looking for a hot rental to […]
Screening tenants and finding the right tenant that aligns with your expectations can be tricky business. You’ve invested in your rental property with your hard-earned money. Ultimately, you want a tenant that would take care of the place as if it was their own and pay their rent on time. Of course, you’ll need a […]
Ever bought Ikea furniture that you assembled yourself? Not only does self-assembly furniture perform and look great, but the selling point is the sheer ease of setting it up. Ikea revolutionized the industry by creating a way for customers to quickly assemble furniture with just one piece of equipment (a hexagonal metric tool). A similar […]
As interest rates creep higher, real estate investors feel a pinch squeezing their profit margins. While it’s still possible to make a healthy return on your investment in this market, those who react quickly and intelligently to changing conditions will stay ahead of the curve. Moguls are forging ahead regardless, while newbies should learn flexibility […]
What do you do with your money? Aside from spending it on essential expenses like food and housing, do you use your spare cash to eat out at a fancy restaurant or cover the down payment for a new truck? Perhaps you use it to spoil yourself after a hard day’s work? We deserve nice […]
The market was doing well…until it wasn’t. In the past 8 months, the US rental market did a complete turnaround, ending the 20-month streak of increasing rent amounts across 27 of the 40 biggest cities. Prices fell by 0.1% in August 2022, according to Apartments.com, much to every investor’s despair—and may now threaten investment returns. […]
As any rental property investor knows, there are ebbs and flows in market demand. This means that there are times of the year when the market is busier than others, and more renters are looking for a new home. And as it turns out, one of those busy times coincides with the start of the […]
Hopefully, all your properties are full before the cold weather and snow start to set in. So, what can you do to ensure your rental property doesn’t sit empty this winter? As we enter the end of the year and into the colder months, we thought we would share some key points to help set […]