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.
Show Yourself The Money! One of the constant questions a real estate investor asks themselves is: “Will I be better off if I sell right now?” There’s the constant temptation of liquidating and cashing out any gains you’ve already made, especially with the recent real estate market crash so fresh in most investor’s minds. Of […]
There’s No Business Like Home Business When Home Business Is Your Business The Small Business Administration recently pointed out that almost half of all businesses in the United States are home-based businesses. The Department of Housing and Urban Development tells us that 35.9% of Americans are renting, as of last quarter. Assuming an average distribution, […]
It’s So Hard to Say Goodbye to Yesterday’s Tenant When a tenant decides to leave, it’s never an easy time to be a property owner. There’s a lot to do after the tenant is gone — but there’s also a lot to do as the tenant is leaving, as well. At Royal Rose Properties, we […]
You hurt more than just yourself when you screen poorly. We’re going to start this with some scary statistics collected by a research firm in Boston, all of them about landlords who “do it alone” and don’t rely on the services of a property management company: 66% of them do not conduct Sex Offender Registry […]
Put people over property…but don’t forget the property! Natural disasters are rare, fortunately, but they happen — and when they do, they can bankrupt an investor and leave a property manager shy a client and a building. So what can we do, if the worst comes to worst, to help our clients survive a major […]
Don’t judge a house by it’s curb appeal…unless you’re selling. Renovating a property should always add value to it, or else what’s the point? But that doesn’t mean that all renovations are the same — because not all value is the same. Different people value different things. The question is, can we establish some firm […]
Capture your share of the moving-within-town market! We stumbled across a fascinating infographic by HomePropertyManagement.com recently, and it got us to thinking. According to the graphic linked above — and we’re pretty confident that HomePropertyManagment.com knows their stuff — more than 1 in 10 families have moved each year for the past few years. More […]
No Second Chance for a First Impression Whether you’re a novice investor wondering what to do with your first property or a seasoned property manager with scores of active properties under your belt, it pays to know exactly what it takes to get a freshly-purchased investment property ready to rent. Here’s our take on the […]
Different Tenants Have Different Wants and Needs — Play To That The Detroit Metropolitan area is home to an amazing variety of homes. From the classic turn-of-the-century Bungalow and Cape Cod to the Craftsman and Colonial homes of the ’20s and ’30s to the Ranch styles of the ’50s and ’70s, you can find almost […]
If It Looks Like a Smoke, and It Smells Like a Smoke… E-cigs — electronic cigarettes — aren’t exactly new, but they’re becoming a popular-enough alternative to ‘normal’ smoking that they’re starting to become almost as commonplace, especially in places where smoking is banned. How do Electronic Cigarettes Work? E-cigarettes use water vapor with nicotine, […]