According to the Civil Court Data Initiative (CCDI), Palm Harbor's Pinellas County has seen 23,802 eviction filings since March 2020. It has the fourth-highest number of filed cases of the 42 counties tracked by CCDI.
As a Palm Harbor landlord yourself, you'd want to do everything possible to lower your odds of having to evict tenants. Not only is the tenant eviction process riddled with legal complexities, but it's also time-consuming and expensive.
The good news is that eviction protection plans can help you achieve this goal and, if needed, provide you with landlord legal support.
PMI Pinellas will share what you need to know about these protective plans, so please read on.
A Primer on Eviction Protection Plans
According to the Pinellas County Clerk, eviction filing court fees alone can cost $185 to $400. You'd also have to pay a process server or the Sheriff's Office to serve tenants with the legal documents. All these expenses can quickly add up, and there's no guarantee you can recover everything your tenant owes you.
Eviction protection plans are subscription-based guarantees that help reduce risks and losses. You can get them from reputable property management companies.
If the manager must evict a tenant, they'll cover some of the costs of the eviction process in Palm Harbor, FL. Common reasons for evicting tenants are non-payment of rent or breaches of rental agreement clauses.
If you partner with us here at PMI Pinellas and subscribe to our eviction protection plan, we'll cover up to $2,000 of allowed costs. In addition, we'll handle the entire process on your behalf from start to finish. We comply with all applicable tenant eviction laws, including issuing proper notices and attending court hearings.
Minimizing the Risk of Evictions
Evictions are terrible for all parties involved; landlords lose money, property managers lose income, and tenants lose their homes. As such, highly experienced and reputable managers aim to minimize the risk of these legal processes through careful tenant placement. It's a data-driven process that looks into each prospective tenant's:
- Credit score, history, and standing
- Employment and income sources
- Criminal background, particularly convictions
- Rental and eviction history
By carefully assessing those factors, property managers can identify red flags that indicate a tenant's likelihood of defaulting on rent or breaching the lease. By catching these signs early, managers can help landlords avoid renting to high-risk tenants who are likely to do something that would get them evicted.
Likewise, property managers can find quality renters who pass the screening and selection process with flying colors. Once they've signed and moved the tenant in, they'll do everything they can to encourage the renter to stay longer and renew their lease.
PMI Pinellas Can Help Protect Your Property
Evictions are among the worst and most expensive issues you can ever face as a Palm Harbor landlord.
So, rather than risking it, why not consider partnering with PMI Pinellas? Doing so lets you enjoy the peace of mind and assurance our eviction protection plans provide. As your full-service property manager, you can rely on us and PMI's 20+ years of management experience to care for and manage your tenants, property, and rental income.
Contact us today to learn more about our quality services and to request your complimentary property analysis!
