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.
Of the many property types out there, two of the most popular options are single-family homes and multi-family homes. These may seem like merely different sizes of the same home, but the latter is so much more than just a larger home upon closer inspection. And that begs a question. Should you go for […]
Capitalization rate (or cap rates) is a term that real estate investors use to determine the value of an income-producing property. Unfortunately, it’s also one of those terms that cause head-scratching among some people, as it sounds like something you’d see in an accounting course rather than when talking about mortgages and properties. So what […]
Property management, principal, payoff letters—please slow down! Real estate talk confuses newcomers with all its jargon and industry-specific vocabulary. So if it feels like you’re drowning, don’t worry—we’ve got your back. Welcome to the latest installment of our Ultimate Real Estate Glossary! This article is part of our exhaustive list of most relevant words […]
Almost any industry comes with its own language, and when you’re a newcomer, it can all seem pretty opaque. Real estate is no exception. You might feel a little overwhelmed if you’re just starting out as a landlord, but don’t worry. The Ultimate Real Estate Glossary has your back. Once you’ve familiarized yourself with […]
If you’re like most people, you might think of investing your retirement money in stocks, mutual funds, and exchange-traded funds. You probably didn’t consider real estate to be an option—even though the Internal Revenue Service (IRS) freely allows retirement accounts to invest in properties. Why should you consider real estate, you may ask? Well, […]
If you’re an average person just coming into real estate, it can be challenging to understand the industry’s jargon. That is why we’ve come back with the next installment of the Ultimate Real Estate Glossary series. We’ll run down the basic list of real estate terms you should know to find your footing in real […]
The real estate industry can be a daunting prospect if you’re new to it as a tenant or property manager. That’s why we’re bringing you the next installment in the Ultimate Real Estate Glossary series. Real estate terminology is almost a whole different language at times, so our guide covers words and concepts that […]
Almost any industry comes with its own language, and when you’re a newcomer, it can all seem pretty opaque. Real estate is no exception. You might feel a little overwhelmed if you’re just starting out as a landlord, but don’t worry. The Ultimate Real Estate Glossary has your back. Once you’ve familiarized yourself with […]
Now that you know how to buy your first rental property, you’ll need to decide where exactly to invest. As the industry always points out, location is one of the most important factors in real estate investing. That’s the whole reason for our deep dive series on the diverse areas in Metro Detroit, where […]
Welcome back to the Ultimate Real Estate Glossary, where we take you through the working vocabulary of the real estate industry. We’re almost one-third of the way through the alphabet. Any field of work always has jargon associated with it, so it pays to learn how the professionals talk! For this edition, we’ll go through […]