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.
Of the many property types out there, two of the most popular options are single-family homes and multi-family homes. These may seem like merely different sizes of the same home, but the latter is so much more than just a larger home upon closer inspection. And that begs a question. Should you go for […]
“Nope, that’s not a good deal at all.” An investor said, just 5 minutes after our team showed him a potential investment property listing in another state. He didn’t even need to whip out a calculator or anything—not notes or written formulas. He simply asked for 5 key details and concluded that the home wasn’t […]
Unfortunately, we live in a world where fake pay stubs exist. If you’ve been a landlord for a while, you’ve probably come across a couple of these counterfeit documents during the application stage (or you’ve at least heard of someone else who has). The challenge is how to easily spot them, so you don’t […]
Construction projects and maintenance repairs take a lot of time and effort. With everything you need to do as a landlord, it’s nearly impossible to do it all yourself. Instead, you need to hire contractors to help you. And that can be hard— because finding someone you trust is crucial. A bad, cheap contractor […]
Lead-based paint used to be the standard formula for decades. We praised it for its quick drying time, resistance to moisture, wide application, and dense and opaque coverage. People could paint multiple coats without waiting too long, and the results were outstanding. Unfortunately, everybody used it from the 4th century BC until late in […]
Real estate can be a bit confusing when you’re new to the industry. Fortunately, you don’t have to go it alone. The latest installment of our Ultimate Real Estate Glossary is here to guide you through real estate terminology. This non-exhaustive list of words is intended for landlords, property managers, and interested tenants to know […]
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, […]
If you’re an average person just coming into real estate, it can be challenging to understand the industry’s jargon. That is why we’ve come back with the next installment of the Ultimate Real Estate Glossary series. We’ll run down the basic list of real estate terms you should know to find your footing in real […]
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 […]