Detroit's PILOT Program: A Strategic Edge for Developers
Sunday, January 11
The City of Detroit has recently rolled out a program designed specifically to support the growth of multifamily housing. For developers and owners of large apartment buildings, this initiative—the PILOT program—gives you a way to enhance profitability while contributing to the city's affordable ...
Deep Dive into Metro Detroit Ring Cities: Oak Park
Friday, January 09
Source: Google MapsEvery day, out-of-state investors are drawn to Metro Detroit’s rental market But often, they don’t know where to start. That’s why we created this Deep Dive series—to simplify the search and spotlight the area’s 185 cities and Detroit’s 290 neighborhoods, one zip code at a tim...
Which is a Hotter Rental Market: Michigan or Florida?
Sunday, January 04
When people think of "hot" real estate, their minds often drift to sun-drenched markets like Miami. But the data tells a different story. While Florida's market is correcting after an unsustainable boom, Metro Detroit is demonstrating the kind of steady, predictable growth that rental investors...
Don't Buy a Condo in Detroit Until You've Read This
Friday, January 02
We’re seeing strong performance from our single-family rental portfolio across Metro Detroit, but the story is very different for some investors in the condominium space. The condo market in Detroit has been facing some significant headwinds. So if you're considering a condo investment, you need...
Self-Showings vs. Agent Tours: Which Fills Vacancies Faster?
Friday, December 26
As property investors, we’re constantly told to embrace new technology. One of the biggest trends is self-showings (i.e. letting prospects tour a property on their own, without an agent present). We’ve been using this tech at Logical Property Management, but we wanted to be sure it was actually h...
$14.2M Development Boosting Detroit Rental Opportunities
Friday, December 19
Detroit’s Avenue of Fashion is set to undergo a major transformation, thanks to a proposed $14.2 million mixed-use development at the site of the former Fred's Furniture Liquidation Inc., located at 20201 Livernois Avenue. This exciting project will bring new life to one of the city's most iconi...