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.
The landscape of Detroit’s housing market is set to undergo significant changes with the recent approval of two major housing proposals. The Detroit City Council recently approved revisions to the city’s rental property regulations with a decisive 7-1 vote. These changes aim to tighten the reins on landlords known for recurring infractions, refresh the escrow […]
We spoke recently about new proposed legislation (Senate Bills 205-208) that would prevent landlords from being able to discriminate against tenants on the basis of their source of income. If passed into law, this would mean that any landlord with 5 or more properties in the state of Michigan would be unable to reject Section […]
Welcome to North End. This neighborhood just north of Midtown Detroit is really one to watch for rental property investors. There are a LOT of opportunities here – you just have to pick the right block. That’s why we’re doing these Deep Dive series on each of the City of Detroit’s 105 neighborhoods. We want […]
As Royal Oak anticipates a surge in its renter population, landlords are presented with a unique opportunity to capitalize on the evolving housing market here. This southern Oakland County city, known for its vibrant downtown and residential neighborhoods, is already pretty popular with Detroit residents. But now, it’s set to witness a significant increase in […]
Landlords, take notice: The cost of a mortgage in Detroit is now cheaper than rent. The Motor City is one of only a handful of metros in the country that’s seen an increase in both rents and house prices, even as the rental bubble seems to be slowing in others. At the same time, attractive […]
Detroit is undergoing a transformation right now. With Ford’s reopening of Michigan Central Station as a hub for automated vehicle research, the city is once again emerging as a hub for technology and innovation. Recent developments have underscored this evolution, with significant investments and relocations reshaping the city’s landscape. Two news stories highlight this shift: […]
Welcome to Corktown, the heart of Detroit’s booming rental market, where affordable housing and lucrative investment opportunities converge. There’s just one problem with taking advantage of all those great real estate gems… Whether you’re a seasoned investor or just starting out, the complexity of the City of Detroit—with its 183 neighborhoods—can be overwhelming. Each area […]
Purchasing your first investment property is an exciting venture that can lead to financial growth and passive income. However, it requires careful planning, thorough research, and strategic decision-making. This guide will walk you through the essential steps, focusing on the unique aspects of buying a property for investment purposes. 1. Financial Preparation Before embarking on […]
As lifelong Detroiters who have been managing rentals and investing in properties privately here for almost 30 years, this is the most exciting time for the city that we’ve ever seen. There’s been over $6.8 billion in capital investments, creating more housing, more jobs, and more growth for the city overall. The end result? A […]
NOTE: we originally started publishing this data monthly back in April of 2020 to assist our clients in understanding the developments & corresponding challenges related to the Eviction Moratorium. With most landlord-tenant courts pretty much back to normal, and very little feedback from our audience about the data, we’ve decided to save our staff time and […]