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.

2021-05-17

The Ultimate Real Estate Glossary: Es

  How many times have you had to google a term to understand real estate jargon? Whatever answer you give, it’s probably far too often! To help you out, we’ve created the Ultimate Real Estate Glossary, a guide to all the terms you need to know in the real estate industry. This guide isn’t just […]

2021-04-19

Considering Hiring or Switching Property Management Companies?

  There will come a time in almost every rental investment journey where you have to enlist the assistance of a property management company (PMC) to handle your growing portfolio. This typically happens when landlords are expanding their property portfolios to a size beyond the capabilities of self-management. When it’s time to hand over the […]

2021-04-12

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 […]

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 […]

2021-02-15

Communicating with Tenants during COVID-19

    Communicating with tenants during the pandemic can be challenging. With social distancing, lockdowns, and safety measures in place, sometimes you can’t talk to your tenants in person like you used to do. Maybe they’re just terrible at answering emails, or maybe they’re using the pandemic as an excuse to dodge your calls when […]

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 […]

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