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.

2017-04-24

SEO for Property Managers: A Primer, Part IV: Social Media

Facebook asks, “What’s on your mind?” Twitter, “What’s happening?” Instagram asks “What did you have for dinner?” — and Pinterest asks “how many pictures of a macramé owl can you really comment on in a single lifetime?” Last Time: Off-Page SEO On to part four of our five-part series on SEO for Property Managers. Over […]

2017-04-03

SEO for Property Managers: A Primer, Part I: What is SEO?

Synthetic Engine Oil! No, no, it’s Self-Employment Opportunity! Wait, it’s, ah, it’s — Seasoned Equity Offering! Just kidding, it’s Search Engine Optimization, of course.   Marketing in the modern world is vastly different than it was even just a decade ago. Untargeted advertising spread over the widest possible area — radio commercials, TV spots, and […]

2017-02-06

Managing Communication: Co-Workers, Owners, Tenants, and Contractors

We talk to LOTS of people. At Royal Rose Properties, we like to say that we have three different groups of clients: our owners, our tenants, and our contractors. What we mean by ‘clients’ is that when we find a good owner, tenant, or contractor, we want to invest in that relationship and treat them […]

2017-01-23

Troubleshooting Your Whole Property Management Company

Drew’s Law #2: In property management, nothing is ever as simple as it looks — even when you take this rule into account. “Holistic” is a word that has an interesting reputation: either you hear it as a synonym for “snake oil,” or you hear it as a synonym for “comprehensive,” and those two things […]

2016-11-07

DIY Landlord’s Guide to Taking Great Pictures With a Phone

Contrary to most people’s intuition, taking decent property pictures with your phone is…well, OK, maybe not ‘easy,’ but at least ‘possible’!  If you’re a DIY landlord, you likely don’t have the time or money to invest in and learn how to use a DLSR or other “real” camera for use in taking property pictures. Pictures, […]

2016-10-17

DIY Landlording: Partial Rent Payments Matter!

Accepting partial rent payments can mess up your plans in a big way. Don’t do it unless you know exactly what it means! One of the most common situations inexperienced or just overloaded landlords find themselves loathing is discovering that something innocent or even kindhearted they’ve done for a tenant ends up putting them on […]

2016-05-23

The Ups and Downs of Real Estate Investing in an Urban Area

Upside: it can be quite inexpensive. Downside: it can be quite cheap. Real estate investment is an enormously complex activity — far more complex, in fact, than any one investor can ever really wrap their minds around. That’s because property values are affected by a massive ecosystem of short-term events, long-term trends, mostly-permanent geographical features, […]

2016-04-11

How to Renovate With the Bottom Line in Mind

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 […]

2015-10-31

Finding the Value in Less-Valuable Property

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 […]

2015-08-22

Seven Clues that Your Investment Property Needs a New Roof

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 […]

Signup for regular real estate updates and tips for the Metro-Detroit area