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.

2021-04-07

COVID-19 Tenant Payment Performance Update through March 2021

  We truly hope you appreciate our extra efforts to keep you informed about the COVID impact on tenant payment performance. There are a lot of issues outside of our control, but we want to communicate to keep you informed. Please send us any suggestions for what additional information you’d like to see. Please be […]

2021-04-05

10 Lease Documents Every Landlord Needs to Protect Themselves

You can’t close a rent agreement with just a handshake! Nowadays, nothing is verifiable (or provable in court) until there’s lease documents to back it up. Still, we’re amazed at the number of landlords who don’t get important information in writing when dealing with their tenants. Landlords are required to process and manage multiple lease […]

2021-03-15

Commercial Renting in Metro Detroit During COVID

COVID-19 has changed everybody’s work habits and business structure—temporarily, in some ways, but also quite permanently in others, especially for the commercial real estate industry. Though the pandemic is slowly easing up, businesses might continue to incorporate work-from-home arrangements, relocate to the suburbs where rent is cheaper or cut down on headcount. Moody’s Analytics even […]

2021-03-01

The Ultimate Real Estate Glossary: Letter Bs

  New to the real estate industry? Knowing the right terms can help you learn faster, engage with your industry peers, and propel your real estate business further. Getting familiar with all the industry jargon usually takes some time, but this comprehensive real estate glossary makes it easy for you to walk and talk like […]

2021-02-08

How To Get Your Multifamily Rental Through COVID

All landlords have been facing unprecedented challenges since the start of the pandemic, but multifamily rental (MFR) owners arguably have even more headaches to contend with because of the impact of COVID-19. In addition to grappling with the financial implications of some of their tenants being out of work and unable to pay rent, Multifamily […]

2021-02-01

Top 7 Tips on How to Maintain your Rental Property

As a landlord, you want to get the highest returns possible from your investments. Several factors affect your ROI, but the most important one is protecting the value of your properties. The best way to protect their value is to maiontain your rental property It might sound awfully simple, but it’s not as easy as […]

2020-12-21

Why Communication is Key with Your Property Management Company

We live in a world where communication is key, but not all businesses are good at it. Telecommunication providers, for example, are notorious for their annoying and barely-responsive customer services… if you can even reach them at all. It’s no different in the service-oriented real estate industry. PMCs are supposed to manage properties and tenants […]

2020-12-07

What Will Happen to the Rental Industry if the Pandemic Lasts 2 Years?

What happens if the pandemic goes on for the next six months? The next year? What if it goes on much longer than we were originally expecting, and lasts another two years? With the way experts have been talking about the potentially slow delivery of a vaccine, that’s a possibility that’s starting to seem increasingly […]

2020-11-16

Virtual & 3D Tours are Here to Stay: Should You Invest in Them?

  With the pandemic still at large, it seems like virtual and 3D tours are truly here to stay. But should landlords invest in them? What if it’s just a temporary fix due to COVID? What are the benefits of having virtual tours, anyway? Before the pandemic changed our general behavior, most people didn’t trust […]