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.
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 […]
If you’re a landlord, Zillow is probably your go-to platform for listing rentals. It’s the biggest name in the game, pulling in over 225 million visits per month, according to Semrush. But does that make Zillow a monopoly? That’s what a series of high-profile lawsuits are suggesting. Five states and the Federal Trade Commission (FTC) […]
The city bubble has burst. With work from home now an option for many workers and rents soaring in metro areas, there’s been a mass exodus of tenants to the suburbs. Particularly in areas with home values under $250,000. Places like Hamtramck. So, Detroit investors, pay attention, because big things are happening in this little […]
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 […]