Methods of hot-swapping a logical volume manager (LVM) and updating an associated extent map are presented. Methods for migrating a virtual machine running an application using an LVM from one physical machine to another physical machine are also presented. The LVM can be used by a database application or other applications in a single-node or multi-node environment. The LVM is shut down, version numbers for each segment of its associated extent map are saved, and a new LVM is started. The new LVM's extent map is compared with the old extent map, and segments in the LVM which have changed are selectively updated.