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.
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 […]
Smart investors don’t buy property because they envision themselves living in it, they invest in property to turn a profit. That process requires discipline. The decision of whether to place a bid or pass on a property needs to be clear cut. Assess the financials, numbers don’t lie. Remember, you’re buying a house and renting […]
Real estate investing is a time tested way of building wealth with efficient planning and effective execution of long term strategy. While it is lucrative it can also be very demanding and costly when mistakes are made. Remember that the real estate industry is highly competitive and you should know this in advance. It can […]
Thinking of getting started in real estate investing? Real estate investing in all its forms has one goal – to increase income and wealth. There are a lot of benefits to investing in single-family residential (SFR) rental properties. Rental properties offer cash flow every month along with long-term benefits of increasing equity and appreciation. Here […]
Learn how to find & buy properties in Detroit, and make money through real estate investing. Investing in real estate is a tough gig to get in on, especially when you have no idea where to start. Here are a few of the tactics that our owners have used to find their first — or […]
While there are no 100% hard-and-fast rules, here are some things that you definitely do need to keep in mind when you’re pondering that question One of the biggest problems with the high-risk/high-reward nature of the real estate market in the City of Detroit (versus the suburbs) is that when you hit that ‘high-risk’ side […]
Most cities in Metro Detroit are worlds apart. The Metro Detroit area is one of the most polarized areas in the nation. One part is populated with people who tend strongly to be low-income, low-education, and low-demographic. The other is populated with people who tend to fall much closer to the national averages in those […]
Blighted neighborhoods are genuinely a trap, but they’re only a trap for the unwary. Blight – in Detroit, it’s essentially defined as “a property that hasn’t been maintained in so long that it is an eyesore and a hazard.” Detroit has several areas that are blight-ridden, where literally one street looks like any other (low-demographic) […]
A good property management team can make your investment work. Royal Rose Properties is a fairly unusual property manager – we do a lot of things that most property managers don’t. In particular, we’re renowned for our in-depth record-keeping, our unique approach to the most high-risk/high-reward neighborhoods in Detroit, and for having a relatively vast […]