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.

2014-04-12

Recycling: Should You Be Doing It On Your Properties?

‘A recycling program for tenants’ does not mean bringing your old tenants back to rent again. According to the EPA, some 75% of all solid waste could be recycled, but less than half that actually is. As Americans focus more and more on ‘greening’ their lives, recycling is turning into something that people are actively […]

2014-04-05

Do You Have a Senior-Oriented Property?

Know yourself, and know your target tenant, and you will survive a thousand rentals. While it’s true that seniors are more likely to own than rent at present, that trend may be changing. Estimates are that there will be some 2.2 million more senior renters by the end of the decade as the Baby Boomers […]

2014-03-22

Customizing Your Business for the Millennials

Millennials are the future — and there’s no reason not to tap the market starting today. If you’re not familiar with the term ‘Millennials,’ it refers to the generation that, in the late 80s and early 90s, was called “Generation Y” (because it was the generation after Generation X, naturally.) They’ve earned the nickname because […]

2014-03-15

Using Modern Technology to Get Rent Paid on Time

Can your smartphone get tenants to pay ontime? Maybe, maybe not — but their smartphone sure can! Property managers, including DIY’s, can get pretty busy — and one of the most delicate yet important parts of our job comes at the beginning of every month as we make sure that each of our tenants pays […]

2014-03-08

How to Hire a Property Manager for Your Rental

This is one situation where DIY has gone DNR. Why would you want to hire a property manager when you could very well manage your new rental property on your own? There’s quite a few reasons, actually. Property managers: Have access to in-depth market information that will help you maximize your profit by choosing the […]

2014-03-01

The Most Cost-Effective Renovations for Improving Property Values

Location, Curb Appeal, Value for Dollar, Location. That’s more like it. No matter what they want to tell you, it’s not just ‘location, location, location’ anymore. People looking for new homes are actually looking at the home itself these days, not just where it’s located. The term ‘curb appeal’ took off in the 80s, and […]

2014-02-22

Is This a Good Rental Investment? Part IV: The Final Overview

The most important eyes you can get on the property you’re considering…are someone else’s. So, you’ve found a decent property in a decent neighborhood. You’ve run the numbers and determined that it will be profitable. You’ve even looked into the cost of repairs and decided that you can afford it. You’re ready to move forward […]

2014-02-15

Let’s Talk Property Insurance: What An Owner Needs, Wants, and Should Have

Don’t unnecessarily expose yourself. When you’re renting out property, risks are a part of the game. Insuring yourself against the most common and most dangerous risks should be a standard operating procedure. Unfortunately, many landlords don’t know what’s out there, much less what they need. That’s why we’ve compiled a shortlist of insurance that we […]

2014-02-08

5 Quick Ways to Increase Curb Appeal Before You Rent

Even if there’s no curb, you still need curb appeal. There’s always a tug-of-war when you’re getting a rental property ready to show to a new prospect. On the one hand, you want the place to look better than it already does, no matter how good it looks now. On the other hand, you have […]

2014-02-01

Investing in Detroit Real Estate from Abroad? Don’t Get Scammed!

Not just Detroit real estate — if you’re investing in real estate at all, read this first. There are a lot of good reasons why international investing is difficult. Generally, we think of it as easier to invest in US stocks, bonds, and real estate than it would be to invest elsewhere. The truth, however, […]

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