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.
The rental market in the United States is experiencing significant shifts, and landlords are sitting up and taking notice. Recent data from ShowMojo, based on over 500,000 on-market periods spanning mid-2017 to the present, highlights a concerning trend: the average days on market for rental properties continues to rise. This comprehensive dataset includes single-family, multifamily, […]
Detroit, my friends, is back on the map in a big way. According to the latest Case-Shiller Home Price Index, real house prices in the U.S. rose by 4% in 2023, but Detroit? Detroit’s prices shot up by a whopping 8%. That’s right—Motor City is neck-and-neck with Los Angeles and even outpacing other major cities. […]
If you’re looking to make some serious moves in the rental market in 2024, you need to have your eyes on Detroit. This city is buzzing with opportunities, and today we’re going to break down the top neighborhoods where you should be putting your money (in our opinion): Eastpointe, Harper Woods, Redford, North End, and […]
We’re unaware of any other local management company sending their clients these updates! Please share this with anyone interested in real estate investing or looking for a better property manager, so they can see what they are missing! CITY DETROIT EVICTIONS UPDATE Detroit’s 36th District Court is still taking on average 4-6 weeks longer than standard […]
A unique narrative takes center stage in the 2024 real estate market’s unfolding landscape. Eclipsing the conventional downturn trend observed nationwide, the spotlight now shines on Detroit. It not only stages a remarkable comeback but emerges as the premier real estate investment opportunity, outpacing the traditionally favored Miami. Presenting a Positive Outlook for Detroit The […]
Whether you’re managing a handful of rental properties or you’re building your real estate empire, the stress of finding tenants is no joke. Even seasoned pros can feel the pressure when a property sits vacant, leaving us staring at those mortgage payments and dreaming of far-off vacations or a nice dinner out. Now, if you’re […]
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 […]
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 […]
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 […]
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, […]