In 2022 alone, Metro Detroit saw roughly 60,000 eviction filings.
Being an Auburn Hills landlord comes with its challenges. Detroit renters were hit particularly hard during the pandemic, but with moratoriums firmly over, landlords have to go back to protecting their financial interests.
If a tenant is causing you stress or putting your property at risk, you need to do what's best for you. Fortunately, there are measures you can put in place to efficiently deal with evictions and even prevent them altogether.
Today, we'll help you create an eviction protection plan that keeps your investment safe long-term. Keep reading and you'll have tenant eviction safeguards and property owner protection in place to ensure your property is lucrative now and in the future.
Get to Know Eviction Laws
The first step in eviction protection is learning as much as you can about evictions in your state. Michigan has unique eviction laws that you must follow to successfully carry out an eviction. Going around the law can result in harsh penalties and even failed evictions.
Here, you can evict a tenant for nonpayment of rent, lease violations, and illegal activity performed in the rental. Each one of these infractions is served with a particular notice. For nonpayment of rent, it's a 7-day notice to pay or quit, while lease violations and illegal activity get unconditional 30-day and 7-day quit notices, respectively.
Once the notice runs out, you may proceed with filing the eviction in your local court.
Tenant Eviction Safeguards
One of the best eviction protection tactics is prevention. Preventing eviction starts in the tenant selection process. By screening your applicants thoroughly, you can zero in on the most responsible and respectful candidates for your vacancies.
Screening involves background and credit checks. These assess an applicant's character, as well as their financial status over time. With this information, you can determine if they're likely to respect your property and pay rent each month.
This is one safeguard. Another is to write clear and direct lease agreements for all of your tenants. It should outline the rules of your property and the consequences of breaking them.
With this in place, even thoroughly vetted tenants will know what they can and can't do. You can also make a point to inspect the property regularly to check for lease violations and/or property damage. Inspections are also important for the ongoing health of your property, so it's killing two birds with one stone.
Hire Auburn Hills Rental Management
Being a landlord has its perks, but it can also be difficult work. This is never more true than when you're forced to go through an eviction. Even the most straightforward evictions can be time-consuming and stressful.
You can avoid a lot of this stress by hiring Auburn Hills rental management which has an eviction protection policy. They won't just provide you with eviction legal assistance, they'll deal with the entire eviction on your behalf. The best part is that they'll also cover the costs associated with the eviction.
At PMI Great Lakes, we offer this kind of protection to our clients. Contact us today to learn more about how it works.
