In the first half of 2023 alone, five Atlanta metro area counties had over 72,000 reported evictions. Fulton County, whose county seat is Atlanta, is on the list.
As an Atlanta landlord, the last thing you want is to keep filing for evictions, which are stressful, costly, and time-consuming. Fortunately, a rental property management company can help minimize the risks and consequences associated with these legal procedures. They can do this through their eviction protection plans.
Keep reading as we'll tell you how these plans work and how they can benefit you.
How Eviction Protection Plans Work
Eviction protection plans are landlord protection services you can subscribe to when you hire a full-service property management company. As part of the services they provide, your property manager will:
- Perform comprehensive screening procedures on each prospective tenant
- Place highly qualified tenants and help them move into your property
- Oversee and enforce the lease agreement
Preventing tenant eviction starts with comprehensive tenant screening, which helps you secure qualified renters. These strategies confirm tenants have stable sources of income and good credit standing. They also help managers verify that renters have good moral character and have no history of committing severe or violent crimes.
However, there are times when renters who start great can become "problem" tenants. For example, if they lose their job, they'll likely be unable to pay rent.
In that scenario, you may have to evict them. If so, your eviction protection plan should kick in and rescue you.
Benefits of Eviction Protection Plans
When you need to file an eviction case in Atlanta, GA, you must do so with the Fulton County Clerk's Office. Depending on how many tenants you're evicting, you'll have to pay court filing fees that could cost hundreds of dollars. You'll also have to pay the Marshal's Office or a private process server to serve the eviction paperwork to your tenants.
However, if you have an eviction protection plan, it should cover some of the legal costs and fees associated with evictions. The coverage amount depends from one property management company to another, but at PMI Atlanta OTP, our plans cover up to $2,000.
You can also count on PMI Atlanta OTP to provide full tenant eviction support. Our team will handle most of the legwork, from serving tenants with eviction notices to filing the case in court. We'll also help recover your property and, as soon as the law allows, work to find you new, qualified tenants.
Protect Yourself From Costly Evictions
Since evictions can significantly reduce your profits, you should do everything you can to prevent them in the first place. PMI Atlanta OTP can help you achieve this with our comprehensive tenant screening methods. We'll also help safeguard your bottom line with our eviction protection plans.
PMI Atlanta OTP is proud to be locally owned and operated by Michael Hayes, who has 20 years of corporate experience. We're also part of PMI, a national company with over two decades of history serving the property management industry.
So, consult with us today! We look forward to sharing how we can protect your rental business.
