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.

2021-11-22

COVID-19 Tenant Rent Payment Performance Update through October 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 […]

2021-11-01

The Ultimate Real Estate Glossary: Letters Q-R

When you’re looking over your real estate contract, it helps to know the technical jargon and understand what you’re really about to sign.  That’s what the Ultimate Real Estate Glossary was made to do. We wrote this guide to help you through the confusing tangle of real estate terminology so that you don’t have to […]

2021-10-18

Normal Wear & Tear vs. Damages: When to Charge a Tenant’s Security Deposit

“Wear and tear” has to be one of the vaguest descriptions used in landlord-tenant laws. What’s considered reasonable wear and tear? When does it qualify as extensive damage to your rental property? Not only is it difficult to determine, but landlord-tenant laws also vary across different states when it comes to defining this. What’s wear […]

2021-10-11

The Ultimate Real Estate Glossary: Letter P

  Property management, principal, payoff letters—please slow down! Real estate talk confuses newcomers with all its jargon and industry-specific vocabulary. So if it feels like you’re drowning, don’t worry—we’ve got your back. Welcome to the latest installment of our Ultimate Real Estate Glossary! This article is part of our exhaustive list of most relevant words […]

2021-10-04

The Ultimate Real Estate Glossary: Letter i

  Almost any industry comes with its own language, and when you’re a newcomer, it can all seem pretty opaque. Real estate is no exception. You might feel a little overwhelmed if you’re just starting out as a landlord, but don’t worry. The Ultimate Real Estate Glossary has your back. Once you’ve familiarized yourself with […]

2021-09-20

The Ultimate Real Estate Glossary: Letter O

Real estate can be a bit confusing when you’re new to the industry. Fortunately, you don’t have to go it alone. The latest installment of our Ultimate Real Estate Glossary is here to guide you through real estate terminology. This non-exhaustive list of words is intended for landlords, property managers, and interested tenants to know […]

2021-09-13

How to Use Retirement Money for Real Estate Investing

  If you’re like most people, you might think of investing your retirement money in stocks, mutual funds, and exchange-traded funds. You probably didn’t consider real estate to be an option—even though the Internal Revenue Service (IRS) freely allows retirement accounts to invest in properties. Why should you consider real estate, you may ask? Well, […]

2021-09-10

COVID-19 Tenant Payment Performance Update through August 20

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 […]

2021-09-06

The Ultimate Real Estate Glossary: Letter N

If you’re an average person just coming into real estate, it can be challenging to understand the industry’s jargon. That is why we’ve come back with the next installment of the Ultimate Real Estate Glossary series. We’ll run down the basic list of real estate terms you should know to find your footing in real […]

2021-08-23

The Ultimate Real Estate Glossary: Letter M

  The real estate industry can be a daunting prospect if you’re new to it as a tenant or property manager. That’s why we’re bringing you the next installment in the Ultimate Real Estate Glossary series.  Real estate terminology is almost a whole different language at times, so our guide covers words and concepts that […]

Signup for regular real estate updates and tips for the Metro-Detroit area