It’s your money and we take it seriously. One of the most expensive times for any investor is when the property is vacant, or a resident has not paid. Rent is due in our office on the first of each month and considered late at the close of business on the third. Residents that have not contacted our office and entered into an agreed-upon payment plan prior to the rental due date are considered late. On the fourth, each late resident is sent a Notice To Vacate the property. The Notice to Vacate is the first step in the eviction process and legally notifies the resident they have three days to pay the past due rent or vacate the property. Most residents contact our office and pay immediately upon receipt of the Notice to Vacate. In the event a resident still has not paid, our office will notify you that we will file on your behalf with the Justice of the Peace for a formal eviction hearing.
Our office averages less than 30 days to formally move through the eviction process. Our intention is first to collect rent, but in the event that is not possible, we act swiftly on your behalf, filing all necessary documents and paying court fees, appearing before the Justice of The Peace, obtaining a favorable verdict, filing for a Writ of Possession, coordinating with the precinct Constable and the physical removal of the resident and all possession from the property. The process can be costly.
It is standard for the Eviction Protection Plan to be included with our property management agreement.