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.

2022-05-16

Upgrading Your Systems: 22 Best Digital Tools to Make Landlording Easier

  Digital advancements are supposed to make our lives easier. But if you don’t know which of the many tools out there are the best ones to use, it’ll only complicate things instead of simplifying your already-complex job as a landlord. No, you want to have functional, valuable tools that’ll give you more time. Then […]

2021-11-15

Understanding Cap Rates to Gain the Highest Returns on Investment

Capitalization rate (or cap rates) is a term that real estate investors use to determine the value of an income-producing property. Unfortunately, it’s also one of those terms that cause head-scratching among some people, as it sounds like something you’d see in an accounting course rather than when talking about mortgages and properties. So what […]

2021-10-11

The Ultimate Real Estate Glossary: Letter P

  Property management, principal, payoff letters—please slow down! Real estate talk confuses newcomers with all its jargon and industry-specific vocabulary. So if it feels like you’re drowning, don’t worry—we’ve got your back. Welcome to the latest installment of our Ultimate Real Estate Glossary! This article is part of our exhaustive list of most relevant words […]

2021-10-04

The Ultimate Real Estate Glossary: Letter i

  Almost any industry comes with its own language, and when you’re a newcomer, it can all seem pretty opaque. Real estate is no exception. You might feel a little overwhelmed if you’re just starting out as a landlord, but don’t worry. The Ultimate Real Estate Glossary has your back. Once you’ve familiarized yourself with […]

2021-09-13

How to Use Retirement Money for Real Estate Investing

  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, […]

2021-09-06

The Ultimate Real Estate Glossary: Letter N

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 […]

2021-08-23

The Ultimate Real Estate Glossary: Letter M

  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 […]

2021-08-09

The Ultimate Real Estate Glossary: Letter i

  Almost any industry comes with its own language, and when you’re a newcomer, it can all seem pretty opaque. Real estate is no exception.  You might feel a little overwhelmed if you’re just starting out as a landlord, but don’t worry. The Ultimate Real Estate Glossary has your back. Once you’ve familiarized yourself with […]

2021-08-02

How to Decide Where to Invest in Rental Properties

  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 […]