What happens if a tenant doesn’t pay?
This problem is best addressed before it becomes a problem, via quality tenant screening. We utilize a nationwide credit and criminal background screening, in addition to 3rd party income verifications and housing reference checks. Taking the time to be thorough in this process will help avoid most rent payment issues. Still, this business is not without risk completely, so for that we have several options. A popular option is to take advantage of is our Eviction Protection Program, which is essentially a $14 per unit, per month insurance. With this protection, we cover the full cost of an eviction up to the Writ of Restitution and any necessary compensation to the Sheriff’s Dept. for a physical removal, which an eviction very rarely gets to. Without the protection, our current rate for an eviction through our legal team is $450, but that is subject to change at any point.
Contact Real Property Management Greater Madison Metro
Our property management strategy is guaranteed to save you money at every stage of the process. We make it easy to protect your investment, minimize costs, and maximize your income—without interrupting your daily life.
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