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.

2020-06-15

Beginner’s Guide to Working with a Property Management Company, Part 1

Hiring a good property manager can be the key to scaling up your rental investments. Working with a property management company frees up time for landlords to focus on growing their rental portfolio, rather than on the day-to-day business of tenant screening, property inspections, and maintenance issues. So if you self-manage and you’re looking to […]

2020-06-08

What the Rent & Mortgage Cancellation Act Would Mean for Landlords

Coronavirus has shown us more than ever that landlords need to be aware and active with what’s happening on a legislative level in their state, and even nationally. If you own a property in a city you don’t live in, will the local government even care about what you have to say? Or will they […]

2020-05-18

Turnkey Real Estate: When Is The Right Time To Buy A Turnkey rental?

The coronavirus pandemic has got many investors wondering what the future holds for real estate. The current economic uncertainty makes it difficult to answer the question “when is the right time to buy an investment property?” For turnkey real estate investors, the answer is even more complex, since it involves looking at both the real […]

2020-05-18

How Flexible Should You Be With Rent Payment Issues Due to COVID-19

Many tenants who are temporarily out of work are struggling to make rent payments due to COVID-19 Coronavirus has had a major impact on the global economy. As of April 20th, the U.S. has the highest number of cases in the world, and Michigan has been particularly affected. Not only are there a large number […]

2020-05-04

What Impact Will Coronavirus Have on Metro Detroit Property Prices

  At the start of 2020, Metro Detroit’s real estate industry was performing well. Many investors were looking forward to the onset of the spring homebuying season, until coronavirus hit pause on everything. According to Retail Wealth Network’s 2020 market research report, the Motor City has shown a year-on-year real estate market growth across a […]

2020-04-20

Handling Squatters in Michigan

When you hear the word “squatters”, it probably conjures up images of a homeless community or an abandoned house used as a drug den in the inner city. Though in many cases that may be true, modern-day squatters may be someone you diligently screened and leased to. Whether one of your holdover tenants refuses to […]

2020-04-13

Exit Survey: Why Is Your Tenant Leaving?

Tenant exit survey can be an effective tool to improve tenant retention by addressing any issues that may be causing your renters to look for a new home.   Most tenants regularly move for a variety of reasons; it’s merely the nature of the business. The more doors you manage, the more times you have […]

2020-02-24

Getting Repairs Done to the Home You’re Renting

Chasing a landlord to get repairs done at a rental home is probably the biggest, most frustrating issue most tenants experience when renting. You complain, the landlord assures you it’ll be fixed, no one shows up so you complain again, someone shows up but doesn’t fix the problem and the cycle seems to go on […]

2020-02-17

Pass-Through Deductions for Real Estate Investors

The Tax Cuts and Jobs Act (TCJA) of 2018 brought about a massive tax cut for owners of “pass-through” businesses. Do I Qualify? ust because you have cash flow from a rental property doesn’t necessarily mean that the IRS classifies your dealings as a business, at least not for tax purposes. Your rental activities may produce income […]

2020-02-10

Subletting, Should You Allow It?

  You did your due diligence and properly screened your current tenant, but now they need to move out early before their lease expires. But, hey, they’ve got a friend that can take over their lease. Will you consider subletting?   What Is Subletting? Subletting, or subleasing, means that your tenant assigns the remainder of […]