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.
“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 […]
Hiring the right Property Management Company (PMC) is one of the most important decisions a landlord can make. A great PMC manages your rental properties efficiently, boosts your ROI, and provides peace of mind. On the other hand, choosing the wrong company can result in costly mistakes, mismanagement, and legal woes. So how do you […]
Communication and documentation form the backbone of a good working relationship between property owners and their Property Management Company (PMC). When mismanaged, these areas can lead to unnecessary frustrations, misunderstandings, and costly mistakes. This article dives into why you should screen PMCs for strong communication and documentation systems and provides insights on how to do […]
Fix-and-flip investors understand that time is money. A surprise leaky pipe or blown roof can stall a renovation project—and the longer it’s stalled, the more expensive it’ll be. In healthy housing markets such as Detroit—where homes tend to require rehab before being placed on the market—having cash in hand can mean the difference between a […]
Corktown, a neighborhood of apartment sky-rises and corporate office towers next to Downtown Detroit, was the first area to feel the real estate boom in Motor City. Once Downtown was revitalized, Corktown soon followed. With projects like the massive overhaul of Michigan Central Station and a series of high-profile developments, the area has seen meteoric […]
Today, we’re Deep Diving into the City of Eastpointe in Macomb County, Michigan. Eastpointe is just one of Metro Detroit’s 185 cities and 290 neighborhoods. We’ve created this series to explore each one, giving real estate investors all the info they need to decide where to buy next in this fast-developing area. We’re Detroiters who’ve […]
As we step into 2025, Detroit’s rental market finds itself at the intersection of steady transformation and new opportunities. Real estate trends, fueled by rising home prices, major infrastructure projects, and changing buyer behaviors, are reshaping the city’s landscape. For experienced landlords and investors, understanding these shifts is key to capitalizing on Detroit’s evolving rental […]
Fraudulent applications are nothing new in the rental industry. For years, we’ve seen common tricks, like applicants asking friends to pretend to be landlords or tweaking pay stubs to inflate income. But in recent months, we’ve come across cases that are beyond anything we’ve seen before. These days, fraudsters are using advanced tools like AI […]
We’re unaware of any other property management company sending their clients these updates! Please share this with anyone interested in real estate investing or looking for a better property manager, so they can see what they are missing! GENERAL EVICTION UPDATE Courts have largely returned to pre-pandemic timelines and are now up to speed. While […]
A recent study reveals a sobering reality for the housing market—over 6 million Americans are late on their mortgage payments, signaling potential turbulence ahead. While these figures might evoke memories of the 2008 housing crisis, they also represent a window of opportunity for savvy real estate investors, especially in regions like Metro Detroit. The Metro […]