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.
Up your Property Management Game by Changing Your Mind. So this is the first in what we hope will be an exciting series of posts for property managers who are looking to up their game a little bit. The point of this article is very simple: the investors/owners who buy these properties are your clients, […]
Thump, Drip, Ka-Chank, Skitter, Zzzzz, Shriek, and Pop! If you’re a tenant, you should report these sounds to your landlord immediately. If you’re a property manager and you hear (or hear about) these sounds, get ready to call the owner. If you’re a property investor or a homeowner…get out your checkbook. Here are House Sounds […]
You’ll probably get a call back on Wednesday if you call on Sunday…or Monday…or Tuesday…or Wednesday! Mondays aren’t the best of days, for most people. You come back to the office after a weekend, you open your email with perhaps a twinge of dread because you know that someone set something on fire over […]
Curb appeal is one thing, but what about yard appeal, backyard appeal, and the rest of the appeals? Real estate agents put a lot of value on curb appeal when selling houses, and to a degree, property managers tend to as well — it’s important that the first impression that a house makes on a […]
How are you motivating your PM to keep your best interests in mind? Being a real estate investor is always a careful monetary balancing act. You want to maximize your ROI, and the question is always whether you should do that by minimizing your input, or by trying to maximize your output. The problem is […]
If the choice comes down to taking care of an existing property, or selling you a new one, what is your PM’s priority? There are a lot of property managers out there that also sell properties to investors. The question is, how good of a property manager are they if they’re trying to do […]
Renters aren’t getting younger — but more young people than ever are renting! There’s a lot of data out there about who is renting, how much they’re paying, and so on — oftentimes, it’s too much, and we lose track of what we’re trying to learn about. So today, we’re going to break down […]
Becoming someone’s landlord — in other words, becoming a property investor — sounds complicated. Don’t worry; it’s at least twice as difficult as it sounds. Here’s our basic checklist of what you need to become a landlord successfully: Startup Funding Obviously, you have to purchase the property you’re going to turn into an income stream, […]
Buying an investment home without a mortgage is easy: just be rich enough to pay cash! No, seriously — not everyone can afford an investment home with a mortgage, much less without one…but you might be surprised at what assets you can tap to get in on the rental-investment game. Here’s a not-at-all-comprehensive but good-for-the-basics […]
Vacancies are down, tenants are good, and your accounts are flush because nothing has broken in a few months now. Guess what time it is? It’s time to raise your rent! Counterintuitive as it might be, waiting until things are starting to get tight to raise the rent is exactly the wrong idea. If things […]