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.
How should your tenants pay for their monthly rental fees? This is a hot topic among landlords—finding out the best way to collect monthly rental payments. Some landlords still prefer the traditional method of collecting rent checks and depositing them in the bank. In contrast, other landlords have fully embraced technology and have gone digital, […]
Incredible friendships are painful to lose; the same goes for losing those one-of-a-kind tenants. The ones you let you know they’ve just fixed the kitchen pipe on their own account, ask before they plow the back lawn—that kind. So, when a long-time renter ups and leaves without so much as a goodbye and the last […]
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 […]
A lot of our investors and clients are asking us what to do and what to expect with a recession coming. Now, let’s look at this logically: Some people are going to lose their jobs, and won’t be able to afford rent. As a result, landlords will be forced to evict them and start renting […]
You have to consider many risks when getting into real estate investing. Some of them you might already know, while some are less talked about in the industry—albeit still crucial in creating a long-term, profitable, successful real estate investment portfolio. Here, we list the key types of risks that residential and commercial real estate investors […]
If you’re like most people, you might think of investing your retirement money in stocks, mutual funds, and exchange-traded funds. You probably didn’t consider real estate to be an option—even though the Internal Revenue Service (IRS) freely allows retirement accounts to invest in properties. Why should you consider real estate, you may ask? Well, […]
The real estate industry can be a daunting prospect if you’re new to it as a tenant or property manager. That’s why we’re bringing you the next installment in the Ultimate Real Estate Glossary series. Real estate terminology is almost a whole different language at times, so our guide covers words and concepts that […]
Now that you know how to buy your first rental property, you’ll need to decide where exactly to invest. As the industry always points out, location is one of the most important factors in real estate investing. That’s the whole reason for our deep dive series on the diverse areas in Metro Detroit, where […]
With so much online property data and records, the U.S. is one of the best countries in the world to invest in real estate. So, if you’re a foreigner looking to do Long-Distance Rental Investing in the Land of Opportunity, you’ve come to the right place! As part of our 3-part series on long-distance rental […]
What happens if the pandemic goes on for the next six months? The next year? What if it goes on much longer than we were originally expecting, and lasts another two years? With the way experts have been talking about the potentially slow delivery of a vaccine, that’s a possibility that’s starting to seem increasingly […]