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.

2024-06-10

Tenant Payment Performance Update v2024-05

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 4-6 weeks longer than standard […]

2024-06-03

Detroit Overtakes Miami as the US’ Fastest-Appreciating Housing Market

A unique narrative takes center stage in the 2024 real estate market’s unfolding landscape. Eclipsing the conventional downturn trend observed nationwide, the spotlight now shines on Detroit. It not only stages a remarkable comeback but emerges as the premier real estate investment opportunity, outpacing the traditionally favored Miami. Presenting a Positive Outlook for Detroit The […]

2024-05-27

How to Beat the Rental Competition?

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 […]

2024-05-20

Rents are Falling – What Can Landlords Do About It?

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 […]

2024-05-09

1031 Rules in Michigan: What to Know if You’re Selling Your Rental

Among the most advantageous, yet intricate, mechanisms available to landlords is the 1031 exchange – a tax-deferral strategy that, when executed correctly, can significantly enhance the profitability and sustainability of your real estate portfolio. Named after Section 1031 of the Internal Revenue Code, this provision allows investors to defer capital gains taxes on the sale […]

2024-05-07

Tenant Payment Performance Update v2024-04

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 […]

2024-04-23

The 2024 NFL Draft – What it Means for Detroit Investors

The City of Detroit will be hosting the NFL draft for the first time this week. This isn’t just big news for football fans, it’s also one of those things that should make property investors sit up and take notice. So, although we don’t normally talk about pro sports here, this time we’re going to […]

2024-04-15

These 5 Detroit Neighborhoods are Getting a $14.5M Investment

Detroit is on the brink of yet another exciting transformation, thanks to a generous $14.5 million state grant awarded by the Michigan Economic Development Corp. This significant financial boost, aimed at supporting five neighborhood projects with a blend of residential, office, and commercial uses, opens up a realm of investment opportunities for astute landlords to […]

2024-04-06

Tenant Payment Performance Update v2024-03

We’re not aware of any other local management company sending their clients these types of updates! Please let us know if you hear of another company doing so. 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 […]

2024-03-11

Top 3 Tips to Minimize Property Maintenance Costs

Maintenance costs can be a major headache when it comes to managing your rental properties. You always have to be prepared to face structural issues, and plumbing and fixture inspections, and what comes with it is hefty out-of-pocket costs. Just ask Buzz after Kevin trashed his room in Home Alone! Your rental property needs care […]

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