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.

2020-02-10

Understanding Capitalization Rate

Predicting how profitable a real estate investment is vital in determining whether to purchase one property over another. The capitalization rate, commonly known as the cap rate, is a metric used to determine the rate of return (RoR) of an income-producing property without taking into account any mortgage payments. The figure, expressed as a percentage, […]

2020-02-03

Needy Tenants: A Look at How to Handle Them

Let’s take a look at some ways to handle overly needy tenants.. All properties require maintenance and repairs to meet acceptable living standards. Factors like the age of the property and the number of units and needy tenants will affect your maintenance schedule. Most tenants are mature adults and have read and understood their lease. […]

2020-01-20

Dealing with Bed Bugs and Pest Infestation on Your Properties

Mice, cockroaches, bed bugs, and the like, creep people out, so it makes sense that nobody wants them in their home. Having pest infestation issues is common and should not necessarily be seen as a poor reflection of your property—it’s just something you have to manage. Like water, pests will always find a way in. […]

2020-01-13

How To Gift the Real Estate from Your Rental Business

You’ve worked hard to accumulate and build your investment portfolio, and you would hate to have to turn around and pay a huge tax bill to get rid of it. If selling your property is not in your best financial interest, you can gift it to a recipient of your choice. The Tax Code dedicates […]

2020-01-06

Subletting, Should You Allow It?

You did your due diligence and properly screened your current tenant, but now they need to move out early before their lease expires. But, hey, they’ve got a friend that can take over their lease. Will you consider subletting? What Is Subletting? Subletting, or subleasing, means that your tenant assigns the remainder of their lease […]

2019-12-16

Is It Sensible To Pay-Off Your Mortgage?

Though the topic about paying off your mortgage is highly debated, the right answer is the one that aligns with your overall goals and investment strategy. There are two diametrically opposed schools of thought when it comes to carrying debt. Some investors prefer to own properties “free and clear,” while others believe that leveraging their […]

2019-12-09

Co-ownership of Your Properties, Is It Right For You?

Several factors will affect how well a business alliance works out. If you’re on the fence about it, keep reading. Buying property is one of the most expensive purchases you’ll make, and growing a real estate business takes time, patience, and capital. In many cases, the latter being the most prohibitive. One way to speed […]

2019-12-02

Turnkey Rental, Are They Right For You?

The right turnkey rental property may the right real estate venture for you.. The popularity of turnkey rental properties saw an explosion after the housing crisis of 2008. During a time when many homeowners were losing their homes, investors were scrambling to purchase properties to meet new rental demand. Much of that rental market emerged […]

2019-11-25

Save Money By Doing An Energy Audit And Seven Easy Fixes

As a property owner, you should always be looking for ways to save money and to maximize profits. Raising the rent isn’t always an option. There lots of ways your profits vanish without you even knowing it, that’s why it’s a good idea to conduct an energy audit. Most tenants pay the utilities in their […]

2019-11-11

Why Cash-For-Keys Can Be Better than Evicting

So, you have a nightmare tenant that you just want to get rid of! Though most property owners are all too familiar with the legal process of eviction, there is a viable alternative. If the seeds for eviction have been sown, “Cash for Keys” is a less intensive way to expedite the inevitable.  What is […]