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.
If you think renter’s insurance isn’t necessary, think again! Most people skip out on renter’s insurance because they incorrectly assume that: The landlord’s policy covers them. But landlord’s property insurance only covers the losses to the building—not your belongings, property damages, or potential legal costs. They underestimated the value of all their possessions combined. Try […]
The majority of tenants won’t experience an eviction while renting. In most cases, you can prevent yourself from being evicted by being a good tenant and following the rental laws in your area. However, sometimes life is unpredictable and accidents can happen, putting you at risk personally and financially. If you’re wondering what can happen […]
Take a look at your monthly budget, and you might be shocked to learn that you’re probably spending way more than a third of your monthly pay just for rent. It eats up a massive chunk of money that could’ve gone to concert tickets, a vacation, or just your rainy day fund. And, […]
Ah, the American dream. Start a family, generate wealth, and own a home. Unless you’ve been living under a rock, you probably have the notion of homeownership being the ultimate goal to lifelong happiness. Real estate agents, mortgage lenders, and even home improvement stores bombard us with the glamor of homeownership. They say you shouldn’t have […]
Collecting rent, in full and on time, is the number one thing a landlord needs to do to be successful and have consistent cash flow. But, especially in Class C or D rental markets (where lots of new investors start out because the houses are affordable), this isn’t always easy. You’ll almost certainly have to […]
We all have a dream home. Mine is a two-story single-family home with an open floor plan and a big backyard—perfect for hosting summertime barbecues with the family. And I’m sure you’ve imagined what your ideal home is, too. However, we need to consider realistic factors when deciding where and what kind of house to […]
Finding the right neighborhood is just as important as finding your dream house. The neighborhood you choose will determine the community you’ll surround yourself with. Thus, it’s important to pay attention to the safety and crime rates, school districts, employment rates, and amenities in the area, among other things, when choosing the right neighborhood to […]
Are you moving rental homes amidst the COVID outbreak? With the pandemic still ongoing, it’s best that you carry out additional preventive measures for a safer move – even if ⅓ of the country has now been vaccinated. Below, you’ll find six important steps to help you prepare for your move, stay safe during the […]
You’re moving out of your rental home and would like 100% of your security deposit returned as quickly as possible. So, let’s look at how you can logically make that happen! First, let’s look at what you’re up against with some statistics. According to a Rent.com survey, 1 out of 4 renters (26%) don’t get […]
Requiring rent payment during a pandemic may seem cruel, but many landlords are not rich and depend on rental income to pay their bills, including mortgage payments on their rental properties. In Michigan, an executive order was signed by Governor Whitmer at the start of the shutdown that stopped evictions due to the pandemic, but […]