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.
We’ve been buying, renovating, and managing rental properties in Detroit for almost 30 years. So it’s pretty safe to say that we’ve seen it all – from tenants who refuse to leave to ones who break in again, just when you thought you’d finally evicted them for good. So much, in fact, that we decided […]
Don’t buy a condo in Detroit before you read this! While we’ve seen incredibly strong performance from our single-family rental portfolio in Metro Detroit, the condominium market here has been experiencing some challenges of late. So if you’re thinking about diving into condo investments, you might want to hear what the numbers are actually saying […]
Have you ever had a rental unit sit vacant so long that you’re willing to do just about anything to get a tenant? You’re not alone. More than one-third of rentals in the U.S. offered some type of upfront incentive to sweeten the deal for tenants in 2024. So, investors, should you be offering Move-In […]
The city of Detroit just filed its largest-ever nuisance abatement lawsuit targeting Real Token Inc., a Florida-based, blockchain-backed property owner with hundreds of rental properties—and a track record that reads like a property manager’s “what NOT to do” manual. More than 400 of Real Token’s homes are in violation of basic health and safety codes, […]
The Dreamtroit project marks a significant milestone in Detroit’s ongoing transformation. This $30 million redevelopment in the Elijah McCoy neighborhood offers affordable housing and commercial space for artists, positioning itself as a cornerstone for cultural and creative growth. Why should landlords care? This is potentially a great opportunity to invest early on in a neighborhood […]
Three major pieces of Detroit real estate news recently caught our eye: Detroit’s median home price broke $100k for the first time in history. The metro area is (once again) a national leader in home value appreciation. House sales are up 20% MoM, but more inventory isn’t slowing the price climb. For rental investors who’ve […]
Many investors miss one critical aspect of property management, and it costs them thousands of dollars—or worse, leaves them labeled as a slumlord. The truth is, to be successful, you must understand the class of your property and the type of tenants it will attract. Over-improving a rental property can be just as damaging to […]
Detroit’s housing market is at a turning point. Demand for affordable homes far outweighs supply, but while there’s great potential for investors, navigating the challenges of this market is not for the faint of heart. If you’re looking to expand your portfolio in Detroit, here’s what you need to know about the realities of new […]
The skyline of downtown Detroit is about to experience another transformation. The Renaissance Center’s Tower 600, one of the two smaller towers, has been sold for $9.2 million to Stockbridge Enterprises, an investment group led by Metro Detroit pulmonologist Dr. Mahmoud Al-Hadidi. This move comes amidst plans to repurpose the building into a blend of […]
“Location, location, location!” It’s the long-standing mantra every real estate investor hears. And while there’s some truth to it, the focus on location alone is an oversimplification that can lead to costly mistakes. What truly determines the success of your rental property investment isn’t just where it’s located—it’s the property class and how it aligns […]