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.

2022-01-18

Detroit Landlords are Selling – but Which Ones & Why?

Back in 2017 (check our blogs!) when Detroit announced their plans to enforce their Certificate of Compliance statutes, we predicted the following: A. Short-term landlords would eventually sell their Detroit rentals instead of doing the repairs to obtain a Certificate of Compliance. B. Committed investors would then have buying opportunities. C. Compliant landlords would see […]

2022-01-10

The Ultimate Real Estate Glossary: Letter W-Z

  We’ve now reached our final installment of our comprehensive Ultimate Real Estate Glossary. If you’re just starting out, feel free to go back and catch up on all the terms! Our glossary tackles all the important terms from A-Z to complete your real estate industry knowledge. For this particular installment, we’re tackling the terms […]

2021-12-08

The Ultimate Real Estate Glossary Letter T

As we approach the conclusion of our Ultimate Real Estate Glossary, the time has come to tackle tricky terminologies starting with the letter T. Our goal is simple: We aim to inform you of the industry’s difficult-to-understand words and terms from A to Z, all to help you make well-informed investment decisions in the real […]

2021-12-02

Top 8 Landlord Responsibilities in Michigan

  Whether you’ve been renting for years or you’re just getting started in the real estate industry, it’s important to know your landlord responsibilities or legal obligations as a landlord. As a landlord, you can’t just rent a property and forget about it. Just like your tenants—you have certain responsibilities. Thankfully, when it comes to […]

2021-11-22

COVID-19 Tenant Rent Payment Performance Update through October 2021

We truly hope you appreciate our extra efforts to keep you informed about the COVID impact on tenant rent 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 […]

2021-11-01

The Ultimate Real Estate Glossary: Letters Q-R

When you’re looking over your real estate contract, it helps to know the technical jargon and understand what you’re really about to sign.  That’s what the Ultimate Real Estate Glossary was made to do. We wrote this guide to help you through the confusing tangle of real estate terminology so that you don’t have to […]

2021-10-18

Normal Wear & Tear vs. Damages: When to Charge a Tenant’s Security Deposit

“Wear and tear” has to be one of the vaguest descriptions used in landlord-tenant laws. What’s considered reasonable wear and tear? When does it qualify as extensive damage to your rental property? Not only is it difficult to determine, but landlord-tenant laws also vary across different states when it comes to defining this. What’s wear […]

2021-10-11

The Ultimate Real Estate Glossary: Letter P

  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 […]

2021-10-04

The Ultimate Real Estate Glossary: Letter i

  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 […]

2021-09-20

The Ultimate Real Estate Glossary: Letter O

Real estate can be a bit confusing when you’re new to the industry. Fortunately, you don’t have to go it alone. The latest installment of our Ultimate Real Estate Glossary is here to guide you through real estate terminology. This non-exhaustive list of words is intended for landlords, property managers, and interested tenants to know […]