Eviction Protection For Your Investment

Evicting tenants is not something any property owner wants to do… It is costly to the property owner and it can be financially draining to not have that income as well as the additional expenses of eviction proceedings. An Eviction Protections Program is probably one of the best programs a property manager can offer. You can enroll into the program with an annual or monthly fee. That money is basically a pool with other participating owners to protect you in the event a tenant in your home fails to pay their rent. In the program you do not have to incur the legal expenses associated with an eviction filing, those expenses are paid from that pool. It not only protects you from the additional filing expenses, it takes the emotion of filing an eviction out of the equation as the process is started as soon as the tenant is delinquent with the proper notifications and eventual filing.

It is critical that owners stick to proven methods on tenants who fail to pay, however sometimes owners get caught up in the emotion or concern of additional costs associated with an eviction. Our methods keep a strict outline with tenants should they fail to pay their rent in a timely manner. Our policy for tenants is that rent is due on the 1st of the month. If they do not pay by the 3rd of the month they are notified of their delinquency as well as a late fee assessment. If they still have not paid by the 10th of the month then we send an additional notification advising them that eviction proceedings will be started on the 15th of the month. If the tenant still hasn’t paid by the 15th we will let you know and start the dispossessory filing with the appropriate jurisdiction noting that you are a participant in the eviction protection program and you will not be billed for this filing if enrolled.

If you would like to get more information on the Eviction Protection Program, please contact your property manager at 770.426.1150 and ask for an enrollment information sheet to review the various options available to you. Again, we understand that no one likes to evict anyone, but we understand that your property is a business investment and we are here to assist you with protecting your investment. With the eviction protection program in place there is nothing that you need to do, we will notify you of each step as it progresses, and you can leave the work and associated costs to us!