A 2024 Public Policy Institute of California (PPIC) report noted that about one million Californian households are behind on rent. Of these families, 150,000 expect eviction.
So, if you're a landlord in Modesto, CA, you must prepare for the possible influx of evictions. One way to do so is to explore eviction protection plans offered by property management companies like ours, PMI Central Valley.
Read on to discover how our subscription-based eviction guarantee works and its benefits.
How PMI Central Valley's Eviction Protection Plans Work
When you hire PMI Central Valley as your full-service property manager, you can subscribe to our Eviction Protection Plan. You'll find the subscription option via your Management Agreement.
From then on, the Eviction Protection Plan you've subscribed to will cover all the tenants we've screened on your behalf using our thorough background checks. With these steps, we aim to find and secure tenants who are most likely to afford to pay rent on time and follow all the lease agreement's terms and conditions. Rest assured, our tenant screening procedures abide by all federal and California rental property laws.
Our stringent yet fair and consistent tenant screening policy is crucial to lowering eviction risks. After all, most evictions are due to non-payment of rent and breach of lease. So, consider it a preventive measure against the costly and time-consuming eviction process in Modesto, CA.
However, we also understand that despite being thoroughly screened, some tenants may still fail to pay rent on time or break the lease. Our Eviction Protection Plans kick in at this point.
Benefits of Our Eviction Protection Plans
PMI Central Valley's Eviction Protection Plans cover up to $2,000 of eviction-related costs. Please note that some coverage exclusions apply, including:
- Lost rent and move-out costs
- Tenant-caused property damage
- Tenant's attorney fees
Our expert team will also perform all the tenant eviction procedures on your behalf, starting with issuing the appropriate tenant eviction notice. As the Judicial Branch of California explains, there are five types of notices. They vary based on the reason for the "eviction warning" and can be 3-day, 30-day, 60-day, or 90-day notices.
If the tenant fails to adhere to the notice's conditions (e.g., failing to pay or move out), we'll file the official eviction case. Our team will represent you throughout the legal proceedings, so you can worry less about the stress and hassle of going to court.
After recovering your property, we'll immediately prepare it for your next renter. We aim to get your rental re-occupied with a quality tenant as soon as possible so you can start earning rental income again.
Ready to Enjoy More Peace of Mind?
Eviction protection programs have become more of a necessity than a luxury in today's volatile Modesto, CA, rental market. With PMI Central Valley's comprehensive Eviction Protection Plans and full-service property management solutions, we can help safeguard you from such financial disasters.
PMI Central Valley is proudly family-owned and operated. Our team members are locals, too, so rest assured we'll be able to monitor and care for your Modesto property. Plus, we have the support of PMI, a fast-growing national franchise managing over $5 billion of real estate assets.
Call us today to start simplifying your life as a landlord! We look forward to hearing from you and giving you a complimentary property analysis.
