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.
Airbnb actually now has more listing than hotels have rooms! Short-term rentals have become a booming business for people looking to make a little extra money. Online platforms like Airbnb have seen an explosion of property owners listing their properties. The rapid growth stems from travelers now opting for short-term rentals over hotels for a […]
Most property owners have moved away from traditional advertising campaigns, like print ads, and have started using some form of social media to help drive traffic. With billions of regular users and dozens of tools and apps at your disposal, you need to implement the right social media strategy for maximum exposure. Target Your Audience […]
The strategies you do when marketing your rental is usually highly correlated to the quality of the applicants you will find yourself screening to fill vacancies. Since most prospects will view your website and other social media platforms first, you need to seduce them with attractive photos. To find the best renters, you want as […]
Flesh out the ideal renter that you visualize as you write and market your listing. Last week, we defined what exactly a ‘target market segment’ was, and also talked a bit about the relationship between features, benefits, and market segments. Now we’re going to tell you exactly how to pick out market segments for your […]
Understanding your target market will help you know how to cater to your prospects. If you want your rental advertisement to really be successful, you have to stand out from the sea of other similar rental advertisements in the minds of your readers. One of the best ways to do that is to make the […]
Good pictures are worth thousands of good advertising copy. A first impression ALWAYS lasts, and that applies to the first impression your rental property makes on the public. How would you give the best first impression? That’s right, it’s right there in the title: with GOOD PICTURES. You literally never get a second chance to […]
Most cities in Metro Detroit are worlds apart. The Metro Detroit area is one of the most polarized areas in the nation. One part is populated with people who tend strongly to be low-income, low-education, and low-demographic. The other is populated with people who tend to fall much closer to the national averages in those […]
Yes, we’re doing more much more than put a “for rent” sign on your property. Recently, our Marketing Department had an interesting interaction with an owner whose rental unit just wasn’t moving, for reasons that no one could control. The owner asked us if we could do anything extra in terms of emergency marketing to […]
study found that closing times on real estate rentals are getting longer—on average it now takes 50 days. Royal Rose Properties does a lot of things for our owners. We manage renovation, repairs, marketing, inspections, move-ins and -outs, collections, evictions, and more. Each of those tasks takes time, but many owners don’t really have a […]
More than cosmetics, a spiffy home protects a homeowner’s investment. Royal Rose Properties has a system for making sure that all of the necessary repairs get done before we try to move a new tenant into your home — but sometimes, doing more than is strictly necessary can be a big benefit to your bottom […]