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.
Most rental investors enter the industry thinking not just about owning a single rental property, but about how they can eventually acquire 2, 3, 4, or dozens of rental properties one day and retire from their day jobs. If you’ve put all your available capital into property #1 and are planning how to acquire […]
How Will It Impact Metro Detroit? Gone are the days when owning a home was synonymous with fulfilling the great American dream. Is “Tenants for life” really the trend now.? Homeownership in America is now in decline amongst the younger generations. Although Census data for the 2020 Housing Vacancy Survey shows that about 65% […]
Coronavirus has shown us more than ever that landlords need to be aware and active with what’s happening on a legislative level in their state, and even nationally. If you own a property in a city you don’t live in, will the local government even care about what you have to say? Or will they […]
The coronavirus pandemic has got many investors wondering what the future holds for real estate. The current economic uncertainty makes it difficult to answer the question “when is the right time to buy an investment property?” For turnkey real estate investors, the answer is even more complex, since it involves looking at both the real […]
The Tax Cuts and Jobs Act (TCJA) of 2018 brought about a massive tax cut for owners of “pass-through” businesses. Do I Qualify? ust because you have cash flow from a rental property doesn’t necessarily mean that the IRS classifies your dealings as a business, at least not for tax purposes. Your rental activities may produce income […]
Predicting how profitable a real estate investment is vital in determining whether to purchase one property over another. The capitalization rate, commonly known as the cap rate, is a metric used to determine the rate of return (RoR) of an income-producing property without taking into account any mortgage payments. The figure, expressed as […]
Though the topic about paying off your mortgage is highly debated, the right answer is the one that aligns with your overall goals and investment strategy. There are two diametrically opposed schools of thought when it comes to carrying debt. Some investors prefer to own properties “free and clear,” while others believe that leveraging their […]
Several factors will affect how well a business alliance works out. If you’re on the fence about it, keep reading. Buying property is one of the most expensive purchases you’ll make, and growing a real estate business takes time, patience, and capital. In many cases, the latter being the most prohibitive. One way to speed […]
Airbnb actually now has more listing than hotels have rooms! Short-term rentals have become a booming business for people looking to make a little extra money. Online platforms like Airbnb have seen an explosion of property owners listing their properties. The rapid growth stems from travelers now opting for short-term rentals over hotels for a […]
Property investments are a great way to build wealth, that’s why some of the wealthiest people you’ve heard of made their money in real estate. The perception is that it’s easy to make money renting properties. Maybe…but if that’s true, why do so many investors go bust? Why is it that most real estate investors […]