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.
Hopefully, all your properties are full before the cold weather and snow start to set in. So, what can you do to ensure your rental property doesn’t sit empty this winter? As we enter the end of the year and into the colder months, we thought we would share some key points to help set […]
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. During this time of year, we reflect on the wonderful moments we have experienced, which include our client relationship with you. Have a joyous holiday season! We […]
A lot of our investors and clients are asking us what to do and what to expect with a recession coming. Now, let’s look at this logically: Some people are going to lose their jobs, and won’t be able to afford rent. As a result, landlords will be forced to evict them and start renting […]
Do you find interesting investing in Metro Detroit real estate, but don’t know where to start? Everyone keeps telling you that the key to a successful investment is finding the right property, but you can’t find any good leads. The ones you’ve seen are either too expensive, need too much work, or both—which you don’t […]
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. […]
Yes, it’s possible to live off passive income alone. In fact, many people do just that. While it may not be the most popular career choice, living off of rental income can provide a comfortable life if done correctly. We often see haphazard and impatient rental investors give up on their properties and tenants just […]
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. While it may be a little early, we did want to take the time to wish everyone a Happy Thanksgiving! We would like to thank you for […]
How often have you spilled red wine on a carpet? We’re all guilty of it. And maintaining it can be a lot of work, especially in a rental. Not only does it make the property look nicer, but it’s also required by law in some cases. In this article, we’ll discuss why landlords should keep […]
You have to consider many risks when getting into real estate investing. Some of them you might already know, while some are less talked about in the industry—albeit still crucial in creating a long-term, profitable, successful real estate investment portfolio. Here, we list the key types of risks that residential and commercial real estate investors […]
You’ve probably seen those articles online. You know, the ones with the headlines that are designed to get clicks like, “How to Become a Millionaire by Investing in Real Estate.” Well, the answer is complicated, as it depends on several factors. But as a property management company in Detroit, we’ve come to learn the ins […]