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.

2021-06-21

DIY Repairs Landlords Should Know How to Do

  As a landlord, it’s always ideal to have some basic knowledge and skills to take care of the repairs that will inevitably come up in your rentals without needing to shell out for a contractor. Let’s consider the two approaches:  DIY-ing and hiring a professional. If you want to be hands-off, make sure that […]

2021-06-14

COVID-19 Tenant Payment Performance Update through June 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 […]

2021-06-07

Introduction to Real Estate Investment Analysis

Here’s the story of Marco (maybe it sounds familiar…?) Marco really wants to get into real estate investment. He has no idea how to do it, but he wants to become rich like Donald Bren—the wealthiest real estate mogul in the world, with an estimated net worth of $15.5 billion and hundreds of properties under […]

2021-05-24

The Ultimate Real Estate Glossary: Letter Fs

  Ever been to a real estate investors’ meeting with lots of jargon and trade terms used, and you’ve got no idea what everyone else is talking about? That’s exactly the reason we’ve assembled the Ultimate Real Estate Glossary. It’s a complete guide to the vocabulary you should be familiar with while you’re working in […]

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 […]