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.

2024-08-13

Monthly Cost of Buying a House vs Renting

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 […]

2024-08-06

Tenant Payment Performance Update v2024-07

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 […]

2024-08-05

Ford’s New Tech Campus Opens in Detroit: A Game-Changer for the City

Historic Michigan Central Station sat empty for nearly three decades before Ford Motor Company announced plans in 2018 to rehabilitate the building. This landmark project, which saw an investment of nearly $1 billion, aimed to transform the once-abandoned train station into a state-of-the-art hub for innovation and technology. Now, after six years of construction, the […]

2024-07-15

Eviction Horror Stories: Episode 2

In the latest edition of our Eviction Horror Stories series, we’re looking at an MFR property in Detroit that took nearly 5 months of insanely hard work from our team to sort out – but sort it out, we did. Here’s how: In late October 2023, we got a call from a potential new client […]

2024-07-08

Population Uptick Makes Now the Perfect Time to Invest in Detroit

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 […]

2024-07-01

Detroit Was 3rd-Fastest Appreciating Market in the US in 2023

Detroit, my friends, is back on the map in a big way. According to the latest Case-Shiller Home Price Index, real house prices in the U.S. rose by 4% in 2023, but Detroit? Detroit’s prices shot up by a whopping 8%. That’s right—Motor City is neck-and-neck with Los Angeles and even outpacing other major cities. […]

2024-06-24

NFL Draft Day 2024 Unveils a New Era for Detroit

On April 25-27, The 2024 NFL Draft, presented by Bud Light, took over Downtown Detroit. We went Downtown to check out Draft Day in the D for ourselves, and put together a video of what we saw:   Hopefully, you can see what we saw: Thousands of people coming out in support of the NFL, […]

2024-06-17

Best Areas to Invest in the City of Detroit for 2024

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 […]

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 […]

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