What is the difference between Gold and Platinum management packages?

Regardless of the package, we will do great job on tenant placement. We will do the same advanced marketing and extensive background checks. We will use the same lease agreement, which is approved by the Supreme Court.  If at some point, we experience difficulties with the resident and lease administration, we will try all possible measures to bring both the relationships and the lease to good standing. However, as a last resort, we may have to evict the tenant to take possession of the property. In general, eviction costs $800.

So, when eviction is not avoidable:

1. We will hire an attorney, who will file an eviction.

2. We will pay the attorney for his/her fees and filing fees. In general, eviction costs $800.

3. Homeowners will see an eviction charge on the statement.

4. When the tenant moves out/evicted, the tenant’s security deposit will be applied towards unpaid rent, repairs, eviction fees, and other fees.

5. There is a possibility that security deposit will not be sufficient to cover the balance owned by the tenant. For example, deposit only covers the unpaid rent and repairs.

6. Eviction cost remains unpaid by the tenant and becomes liability of the owner unless there is a Platinum, 10% package in place.

8. Indeed, homeowners may seek reimbursement from the tenant for unpaid balance by initiating the legal actions. However, this is a costly and long journey with no promises at the end.