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.
Since the year 2000, the cost of both renting and buying a home in the US has increased. But they haven’t done so at the same rate. This fascinating time-lapse graph shows how both monthly mortgage payments and rents have moved over the past quarter of a century – but there’s one huge difference that […]
We’re unaware of any other local management company sending their clients these updates! Please share this with anyone interested in real estate investing or looking for a better property manager, so they can see what they are missing! CITY DETROIT EVICTIONS UPDATE Detroit’s 36th District Court is still taking on average 2-4 weeks longer than suburban […]
America is grappling with a severe housing shortage, with estimates indicating a shortfall of anywhere from 2 million to 6 million homes. This crisis is largely driven by local zoning rules that dictate where and what types of homes can be built. And, as efforts like the National Zoning Atlas start to shed light on […]
Let’s talk about some fantastic news coming out of Detroit. For the first time since the 1950s, Motor City has seen a population increase. According to the latest U.S. Census estimates, Detroit’s population grew by 0.3% in 2023. This might seem like a modest gain, but it’s monumental when you consider it’s the first rise […]
If you’re looking to make some serious moves in the rental market in 2024, you need to have your eyes on Detroit. This city is buzzing with opportunities, and today we’re going to break down the top neighborhoods where you should be putting your money (in our opinion): Eastpointe, Harper Woods, Redford, North End, and […]
As the rental market in Detroit continues to heat up, landlords are facing a growing challenge: squatter scams. These malicious schemes involve individuals illegally occupying rental properties, often with the intent to exploit landlords and tenants alike. Now, squatters have become increasingly adept at exploiting legal loopholes to gain unlawful access to rental units. That […]
Whether you’re managing a handful of rental properties or you’re building your real estate empire, the stress of finding tenants is no joke. Even seasoned pros can feel the pressure when a property sits vacant, leaving us staring at those mortgage payments and dreaming of far-off vacations or a nice dinner out. Now, if you’re […]
If you’ve been keeping an eye on the rental market, you’ve likely noticed a significant shift in rent prices across the US. The once steady climb has taken a downward turn, particularly in the southern half of the country. Even in the North and Midwest, where prices have remained relatively low, the lack of availability […]
We’re not aware of any other local management company sending their clients these types of updates! Please be sure to share this with anyone you know interested in real estate investing or looking for a better property manager, so they can see what they are missing! EVICTIONS UPDATE We’re not having many issues with evictions […]
One of the critical duties of a landlord is keeping your rental property in tip-top shape. It’s also your job to make sure you’ve set aside enough to cover repairs and maintenance for your rentals. But it’s NOT your job to pay for every single thing – like when a tenant breaks a window, for […]