According to the Tobin Center for Economic Policy, over two million U.S. households face eviction filings annually. Indeed, the U.S. has the highest eviction rate among the Organization for Economic Co-operation and Development (OECD) country members.
Antelope Valley, California, is no exception. So, as a landlord here, it pays to have eviction protection plans for your rental properties.
But what exactly is an eviction protection plan? How does it serve as a property investment safety precaution, and what are its benefits? Where exactly can you get one?
The rental property management experts at PMI Antelope Valley have shared insights that answer those questions, so please read on.
What Is an Eviction Protection Plan?
An eviction protection plan is a comprehensive strategy designed to help rental property owners manage the risks of tenant evictions. It covers many critical aspects of evicting a tenant, such as:
- Communicating with tenants, such as regarding eviction notices and potential legal action
- Legal requirements, including mandatory notices and filing with the court
- Eviction-related costs, such as filing and court fees
- Expert guidance, for example, how to mitigate risks and prevent potential evictions (e.g., by thoroughly screening rental applicants)
Where Can You Get Eviction Protection Plans?
You can obtain eviction protection plans from a reputable full-service property management firm. A perfect example is our trusted company, PMI Antelope Valley.
You can subscribe to our eviction protection plan when you choose us to manage your rental properties. Once the plan is in place, it will automatically cover all the tenants our firm thoroughly screens on your behalf.
Key Benefits of Eviction Protection
An eviction protection plan from PMI Antelope Valley will give you invaluable access to legal expertise. We work with legal professionals to help landlords navigate the complexities of the tenant eviction process in California, which, if you haven't heard, has had recent changes. As CalMatters.org has reported, California tenants now have twice as long to respond to eviction notices (from five to ten days, starting in 2024).
Eviction protection plans from a full-service property management firm also help streamline communication. Your manager will handle all interactions to ensure timely responses to issues and avoid conflicts that can further complicate eviction matters.
Moreover, eviction protection offers a safety net and financial security. If you partner with PMI Antelope Valley and subscribe to our eviction protection plan, we'll cover up to $2,000 of your eviction costs. We'll also handle the entire process of evicting your Antelope Valley tenants on your behalf.
Take the Next Step Toward Secure Property Management
Investing in eviction protection plans allows you to take significant strides toward securing your investments and rental agreements in Antelope Valley, CA. You can safeguard yourself from the costly and time-consuming eviction process while reducing your risks of renting to the "wrong" tenants.
Let our locally owned and independently run full-service property management firm help you secure your investments. We're a proud member of PMI, a fast-growing franchisor that has been serving and improving the property management industry for the past twenty years. Our real estate and property management experts will use their skills, knowledge, and state-of-the-art technology to maximize your rental income and property value.
Learn more today by calling us and getting your free property analysis!
