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.
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 […]
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, […]
Even an otherwise-excellent investment property can become your Kryptonite if it needs too much work or you spend too much. We’re assuming by now that you’re reading this because you’re looking into becoming a real-estate tycoon and you want to know whether that rental investment you’ve got your eye on is likely to be worth […]
Americans are changing the way we think about the urban core…again. Since 2008, downtown office vacancies nationwide have increased to 12.4% — but suburban office vacancies are at a huge 16.6%. What’s going on? Well, there are a lot of theories, but the one that’s gaining the most traction is that the post-WWII migration toward […]
Your lease should make life easier on you and on your tenants. If you’ve ever had reason to pay attention, you’d notice that most of the sizeable property management firms around Detroit use their own lease agreements. Why? Simple: because as you manage more and more properties, you come across more and more circumstances that […]
You know, the ones that you should actually keep. Welcome to the fresh new year, with new beginnings all around. If you’re anything like us, you’ve been planning your New Year’s resolutions since just after you finished telling everyone what you were thankful for several weeks ago. Around here, the New Years resolutions look something […]
If Something Seems Amiss — Or Too Good To Be True — It Probably Is. You’ve probably seen stories on the news about renters getting targeted by zany scams on Craigslist and similar sites — but you rarely hear about the scammers that target landlords, and they’re surprisingly common. Getting scammed can do serious damage […]
If You Can’t Rent To the One You Love, Love the One You Rent To. Ask any successful entrepreneur who has been in business for more than a couple of years, and they’ll tell you: it’s cheaper and easier to keep an existing client than it is to find a new one. The same applies […]
Cashflow is King! Are you considering becoming a landlord? And you’ve already checked out the neighborhood around the place you’re considering buying? Then it’s time to look at the numbers and figure out if this place is a good rental investment. What Will Your Net Rental Income Look Like? The number one number to calculate […]
However unlikely, you need to be prepared! Real emergencies are thankfully rare, but they do occasionally happen — and when they do, you need to be prepared and act accordingly to avoid making the problem worse, minimizing your liability exposure and taking care of your tenants. The most efficient way to handle an emergency is […]