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.
As interest rates creep higher, real estate investors feel a pinch squeezing their profit margins. While it’s still possible to make a healthy return on your investment in this market, those who react quickly and intelligently to changing conditions will stay ahead of the curve. Moguls are forging ahead regardless, while newbies should learn flexibility […]
What do you do with your money? Aside from spending it on essential expenses like food and housing, do you use your spare cash to eat out at a fancy restaurant or cover the down payment for a new truck? Perhaps you use it to spoil yourself after a hard day’s work? We deserve nice […]
With a new year looming around the corner, many investors are wondering where next they should invest in real estate to grow their portfolios. Investing in Metro Detroit might even be part of your new year’s resolution! But is 2023 a good time to invest in Metro Detroit rental properties? To help you decide, we’ve […]
We’re not aware of any other local management company sending their clients these types of updates! Please let us know if you hear of another company doing so. Please be sure to share this with anyone you know interested in real estate investing or looking for a better property manager, so they can see what […]
Walking through the City of Detroit is fun—the thriving arts and music scene, the rich and captivating history, the affordable cost of living… But investing in Detroit rental properties is a different story. As a Detroit landlord, you must know how to attract quality tenants that’ll be responsible for rent, maintaining the home, and abiding […]
The market was doing well…until it wasn’t. In the past 8 months, the US rental market did a complete turnaround, ending the 20-month streak of increasing rent amounts across 27 of the 40 biggest cities. Prices fell by 0.1% in August 2022, according to Apartments.com, much to every investor’s despair—and may now threaten investment returns. […]
We’re not aware of any other local management company sending their clients these types of updates! Please let us know if you hear of another company doing so. Please be sure to share this with anyone you know interested in real estate investing or looking for a better property manager, so they can see what […]
As a landlord, you should always want the highest amount of effective rent for your properties. This usually means raising rents in step with market increases. Often, inflation and raising the rent lead to tenant turnover, which leads to loss of rent while a property is vacant and additional expenses getting it RentReady. Inflation in […]
As any rental property investor knows, there are ebbs and flows in market demand. This means that there are times of the year when the market is busier than others, and more renters are looking for a new home. And as it turns out, one of those busy times coincides with the start of the […]
While winter is generally a slower period for rental applications, things start to pick up in the middle of February as income tax refund season gets underway. Since many Class B and C tenants live paycheck to paycheck, an income tax refund gives them the funds for the first month’s rent and security deposit they […]