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.
Man, these guys annoy us. We wrote a story about a tenant suffering at the hands of some con artists pretending to be landlords a few weeks back. Today, it’s time to talk about a different kind of criminal — one who gets away with their scam legally, albeit barely. We’re talking about the […]
Renovating is always a matter of ROI. Eventually, every property needs renovation. If you’re not careful, the process can take your home off the market for too long, making it less profitable than you need it to be. So how does a DIY Landlord do it right? Plan Ahead The worst thing you can do […]
*Knock* *Knock* …Anyone home? Usually, a landlord knows when a tenant is moving out. But deal with enough properties for enough time, and you’re all but guaranteed to come across the instance when your rent doesn’t get paid, the tenant isn’t answering the phone, and when you finally get someone out there to inspect the […]
Not everyone who posts a Pay Rent or Quit notice actually has the rights to do so! The following is a nearly-entirely true story. None of the tenant’s suffering has been exaggerated in the least — but details have been made extremely vague to protect the innocent. Royal Rose Properties was hired several months ago […]
Contrary to most people’s intuition, taking decent property pictures with your phone is…well, OK, maybe not ‘easy,’ but at least ‘possible’! If you’re a DIY landlord, you likely don’t have the time or money to invest in and learn how to use a DLSR or other “real” camera for use in taking property pictures. Pictures, […]
Did you know there is more to the average tenant than just their financial status? We love screening tenants. We have to; we have hundreds of properties in our portfolio and there’s rarely less than 25 on the market at once. We get hundreds of applications, and we screen them all. Of course we use […]
Accepting partial rent payments can mess up your plans in a big way. Don’t do it unless you know exactly what it means! One of the most common situations inexperienced or just overloaded landlords find themselves loathing is discovering that something innocent or even kindhearted they’ve done for a tenant ends up putting them on […]
Property Managers aren’t perfect, and sometimes we fail hard enough to deserve getting fired. But ditching your PM has ramifications, and you should know what you’re doing when you make the call. There’s almost too much advice on the Internet about how to hire the ‘right’ property manager — but almost none on how to […]
Where do you de-stress? On some tropical island? In the cast of a play? At the disco? Wherever you de-stress, we’ll help you get there. If you’re a DIY landlord — someone with a handful of properties and little support to help you stay on top of them — chances are your life is full […]
You can’t be profitable if your cash is flowing in the wrong direction. We came across a study recently that pointed out a startling statistic: 82% of failed businesses fail for the same reason — poor cash flow management. What does that mean? Basically, it means that businesses fail because, despite having a good product […]