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.
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 […]
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 […]
Among the most advantageous, yet intricate, mechanisms available to landlords is the 1031 exchange – a tax-deferral strategy that, when executed correctly, can significantly enhance the profitability and sustainability of your real estate portfolio. Named after Section 1031 of the Internal Revenue Code, this provision allows investors to defer capital gains taxes on the sale […]
Detroit is on the brink of yet another exciting transformation, thanks to a generous $14.5 million state grant awarded by the Michigan Economic Development Corp. This significant financial boost, aimed at supporting five neighborhood projects with a blend of residential, office, and commercial uses, opens up a realm of investment opportunities for astute landlords to […]
Is 2024 a good time to invest in Metro Detroit rental properties? Well, to help you decide, we’ve collected evidence-based trends on the real estate market for you to review. Although this article isn’t a comprehensive source for you to make final investment decisions in the tri-county area, the information will give you a good […]
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 […]
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 […]
For landlords, maximizing profitability is one of the most important things about renting out a property. And a big part of that is minimizing vacancy times. So, if you want to maximize your profits, it’s better to be flexible to accommodate tenants who wish to move in the middle of the month, or who want […]
Over the past decade, emotional support animals (ESA) have become the topic of discussion, popping up everywhere, from airports to rental properties. While these animals can provide their owners with great companionship and support, people have been faking emotional support animals just to bend the rules and keep their pets in rental units where animals […]
According to a recent study, rents have declined in almost every major US city in 2023. This downward trend is especially apparent in metro areas such as Los Angeles and Las Vegas, where rents Here’s a snapshot of the headlines that made the news: While renters rejoice in the lower monthly rent prices, the trend […]