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.

2024-05-13

$3B in Investment Coming to Detroit & What Landlords Should Do About It

Have you heard the buzz about the exciting $3 billion development coming to Detroit’s New Center area? This collaboration involves big players like Henry Ford Health, the Detroit Pistons, and Michigan State University. You might be curious: how will this affect your real estate portfolio? We’ll examine each new investment and analyze what it means […]

2024-04-06

Tenant Payment Performance Update v2024-03

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 […]

2024-02-19

10 Best Landlord Software for 2024

Everywhere we look, technology is taking over our lives. People are on their phones 24/7, and AI is changing media production. And real estate is joining the wave of the software revolution. Whether you’re a seasoned property investor or a newcomer to the landlord game, leveraging technology can significantly enhance your business efficiency. Here, we’ll […]

2024-01-29

How to Get More College Student Tenants

There are pros and cons to getting tenants that are college students. On one hand, if things go smoothly, that guarantees you around 4 years of tenancy. Even after, there’s a steady demand for rental properties in areas where universities are located. On the other hand, it’s not always rainbows and butterflies with college students, […]

2023-12-04

3 Tell-Tale Signs Your Rental Has Electrical Problems (And What to Do)

“With great power comes great responsibility.” An electrical problem can put both landlords and tenants at risk. So, if you’re a rental investor, you need to ensure that you have a safe rental property to avoid any potential accidents or legal issues. Unfortunately, many landlords fail to recognize the signs until it’s too late. To […]

2023-10-09

5 Ways a Rental Property Makes Money (And How You Can Do it All)

A common notion amongst landlords is that making money off rental properties is all about collecting monthly rental checks. Well, that’s partly true, but it’s not the whole story. While consistent cash flow from tenants is undoubtedly essential, there are more ways your rental property can bring in money and boost your profits. In this […]

2023-10-02

Are Your Rents Below-Market? Here Are 3 Ways To Adjust Your Rents

Maddie and Isabella have identical rental properties—think Madame Mallory’s Saule Pleureur across the street from Hassan’s family restaurant in The Hundred-Foot Journey. The two businesses have a committed clientele, but when the market turns, one strategy determines their success or failure. Maddie focuses on maintaining occupancy. Meanwhile, across the street, Isabella watches market trends and […]

2023-09-25

Wholesaling Contracts: What Should You Include to Guarantee Success?

The Wholesaling Contract is the bread and butter of real estate investment, and key clauses can make or break the deal. Some key clauses in the contract serve as pillars that ensure the document is airtight and that you’re protected against sale issues—without these key phrases, the whole sales cycle could be ruined, and famed […]

2023-09-18

Netflix & Flip: 5 Best House Flipping Shows to Watch in 2023

House flipping is all the rage right now. We all love them, whether we’re expanding our house-flipping portfolio or watching home renovations for fun. There’s nothing quite like seeing a run-down house turn into a beautiful home. If you’re looking for some inspiration, here are a few of the best house-flipping shows of all time. […]

2023-09-13

Why Rent Checks are Obsolete (And What You Should Do Instead)

How should your tenants pay for their monthly rental fees? This is a hot topic among landlords—finding out the best way to collect monthly rental payments. Some landlords still prefer the traditional method of collecting rent checks and depositing them in the bank. In contrast, other landlords have fully embraced technology and have gone digital, […]

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