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.
For decades, the Packard Plant has been Detroit’s most famous ruin. A 3.5-million-square-foot symbol of industrial decay, it loomed over the East Side, dragging down property values and attracting ruin porn tourists instead of investors. We’ve all seen the photos. We’ve all heard the failed promises. So, when the city announced yet another plan for […]
Ah, Metro Detroit. We’ve called it home for more than 30 years, and we’ve been buying, selling, renting, and managing properties here that entire time. So we know pretty much everything there is to know about all of its 132 Cities and 183 Detroit Neighborhoods–including which ones are perfect for rental investing, and which are […]
Gone are the days when a handshake sealed the deal. In today’s rental market, if it’s not in writing, it’s not enforceable. And when disputes arise (because let’s face it, they will), having the right documents on hand can save you time, money, and a whole lot of stress. To help you stay organized and […]
We couldn’t believe this story, reported by Business Insider: A Florida property manager named Jared Decker got a phone call from a man who had been the victim of identity fraud. Someone had stolen his name–and thousands of dollars from his bank account–in order to rent a property. A property Decker manages. In the lawsuit […]
If you’ve bought a smoke alarm recently, you probably noticed the price tag. That simple $12 device is suddenly $30 or $40. No, it’s not just another case of wild inflation. This price jump signals the most significant change in smoke alarm technology in decades, and because it’s driven by new safety standards, it has […]
As a landlord, an empty property is always a concern. But a vacancy as the snow starts to fall? That’s a special kind of headache. The rental market slows down considerably during the colder months, leaving many investors wondering if they’ll be stuck with a vacant unit until spring. So, what can you do to […]
If you’ve been paying even half an ounce of attention to the news lately, you already know this isn’t “just another” government shutdown—it’s become the longest one in American history, now stretching past day 40. While the news headlines might be fixated on unpaid federal employees and shuttered services, the ripple effects on the real […]
We talk to out-of-state investors every day who are intrigued by the Metro Detroit rental market, but aren’t sure exactly where to buy. That’s why we created this Deep Dive series: to demystify the metro area’s 185 cities and Detroit’s 290 neighborhoods for landlords, one zip code at a time. This installment takes you on […]
The latest rental market data shows that landlords are seeing fewer leads and longer days on market (DOM), yet conversion rates are… climbing? What gives? Well, it seems that while the pool of prospective tenants is shrinking, those who are actively searching are more serious and ready to sign a lease. We’ve been given access […]
Major multifamily landlords in Detroit are struggling, according to recent headlines, but the city’s new PILOT Fast Track program aims to solve the problem. The market is facing a “perfect storm” of rising costs, new tenant protections, and high property taxes. It’s a combination that’s squeezing profits and making it harder for large multifamily landlords […]