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.

2024-01-08

Investing In Real Estate vs Stocks: Which is Better?

What do you do with your money? Aside from spending it on essential expenses like food and housing, do you use your spare cash to eat out at a fancy restaurant or cover the down payment for a new truck? Perhaps you use it to spoil yourself after a hard day’s work? We deserve nice […]

2024-01-05

Tenant Payment Performance Update v2023-12

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 […]

2024-01-02

2024 Metro Detroit Real Estate Forecast for Rental Property Investors

Is 2024 a good time to invest in Metro Detroit rental properties? Well, to help you decide, we’ve collected evidence-based trends on the real estate market for you to review. Although this article isn’t a comprehensive source for you to make final investment decisions in the tri-county area, the information will give you a good […]

2023-12-26

6 Tips to Solve Waste Management Issues in Your Rental

Challenges are inevitable when you own or manage a rental property. One such challenge that landlords often struggle with is waste management. For instance, tenants letting trash pile up can cause you many headaches. For one, it’s a health concern, with the possibility of attracting vermin. On top of that, improper waste disposal can lead […]

2023-12-18

How to Weed Out Potential Issues: A Landlord’s Guide To Tenants And Marijuana

We’ve seen it, you’ve seen it—stoner movies where a bunch of friends smoke pot in a nondescript living room, casually engaging in recreational activities. It doesn’t only happen in movies, however, because marijuana or weed is steadily increasing in accessibility to individuals across the nation. Around 35 million Americans use marijuana on a monthly basis, […]

2023-12-11

If the Appliance Ain’t Broke, Don’t Fix It. Here’s How

We know that maintaining your rental units can be a costly and time-consuming process. Yet, you don’t want to compromise on maintenance, because that can lead to bigger expenses down the road. But one area where you can make significant savings is in the upkeep of your appliances. So, instead of swapping out that old, […]

2023-11-13

Is It a Good Idea to Rent to Tenants with Felony Records?

As a landlord, you probably have dealt with your fair share of tenant dilemmas. But have you ever come across an applicant with a felony record? Should you even remotely consider renting to someone like that? Doing so carries certain risks, such as a lack of recent credit and employment history to go on. But […]

2023-11-08

Tenant Payment Performance Update v2023 – 10

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 interested in real estate investing or looking for a better property manager, so they can see what they are […]

2023-11-06

Landlords: Accounting 101: Understanding the Numbers in Rental Properties

One small mistake with your rental property accounting can lead to big consequences. Forget to collect rent on time, or at all? You lose revenue. Don’t have a proper record of your maintenance fixes? Your budget is suddenly overrun, or you can’t claim tax deductions. Overlooked paying for HOA fees? You’ll have to pay a […]

2023-10-30

How to Handle Tenants’ Unreasonable & Reasonable Requests

The landlord’s dilemma can be a rollercoaster, especially when dealing with tenants with a never-ending list of peculiar requests. From changing lightbulbs to expecting an endless supply of toilet paper, it’s as if tenants think you’re responsible for everything in the house, because you’re the landlord. While some landlords want to be helpful, it’s important […]

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