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.
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Airbnb actually now has more listing than hotels have rooms! Short-term rentals have become a booming business for people looking to make a little extra money. Online platforms like Airbnb have seen an explosion of property owners listing their properties. The rapid growth stems from travelers now opting for short-term rentals over hotels for a […]
Most property owners have moved away from traditional advertising campaigns, like print ads, and have started using some form of social media to help drive traffic. With billions of regular users and dozens of tools and apps at your disposal, you need to implement the right social media strategy for maximum exposure. Target Your Audience […]