EVICTIONS
Evictions are something we absolutely hate to do, and it’s often the worst part of property management. It can be traumatic to both the tenant and to the owner, but sometimes it has to be done. One of the reasons owners hire us to manage their properties is to make decisions like this for them without letting emotions get in the way. When we handle evictions, we manage them efficiently and quickly.
Reasons for Eviction
The majority of the time, evictions are due to tenants not paying rent. Landlords can also evict when tenants aren’t taking care of the property or complying with the lease. But the vast majority of the time, the reason for filing for an eviction is for nonpayment of rent.
Late Rent and Deciding to Evict
In Indiana, eviction is a pretty smooth process. We have an attorney handle everything, which is legally required. We are not allowed to do it ourselves.
Tenants know that rent is due on the first of the month. The tenant has a couple days to pay the rent without any kind of late fees; this is our grace period. If the tenant has a balance of more than $150 on the 15th of the month, an eviction is filed. We do not make exceptions or arrangements on due rents.
We would let the tenant go no more than 3 weeks without paying rent before the eviction would be filed.
Indiana Eviction Process
Next, the attorney files the eviction at the courthouse to get a hearing date. That hearing date is called the VCIP date, which stands for the Verification Claim for Immediate Possession. It’s typically scheduled within a couple weeks of filing. When you go to court, the judge is going to ask the tenant if they are in agreement that they do indeed owe rent. When they agree, the judge is going to ask if they would like all 10 days to get out of the property or if they can get out immediately.
In the worst case scenario, the judge is going to give the tenant an additional 10 days to vacate the property. Once the 10 days has come and gone, if the tenant is still not out of the property, a sheriff will meet us at the property to do a lockout to get the tenant out.
From start to finish, there are about three weeks before the eviction is actually filed to about two weeks in court and then possibly two more weeks to remove the tenant. This equals around a 30-day process. We typically do not make any kind of payment arrangements with the tenant along the way.
Our landlord rescue program helps landlords remove bad tenants. Clients working with us can take advantage of our premium management plan, where we offer eviction protection.
If you have any questions about evictions, please do not hesitate to contact us.
What Can CRM Property Management Do for Landlords Like Me?
Let us take the stress and headache out of managing your rental property.
In short, what Indianapolis property management services can do for you is all but alleviate the headaches you are either tired of encountering or that you’re about to encounter. We will make sure that your tenants pay the rent on time, and if they don’t, we’ll take the appropriate steps to collect it as quickly as possible. We’ll handle the repairs that are necessary from time to time, so you won’t have to worry about suddenly becoming a DIY-er, which is particularly comforting to those who work with us who have no interest in this type of work.
We also take care of the regular inspections that are extremely helpful with regards to protecting your rental property. This process helps to identify small problems before they become big ones. Just the fact that the tenants know that we’ll be stopping by every so often also motivates them to take good care of your property. That alone is worth the investment in our Indianapolis property management services.
All of these steps are designed to protect our rental property investors’ homes and structures, but they also protect our clients. By keeping a close eye on things, documenting everything as appropriate and working tirelessly to make sure that your property is safe, we reduce the potential liability you could ultimately face. It’s almost like having an Indianapolis property manager on site!
Indianapolis Property Management Guarantees and Services
CRM Properties is so confident in our work that we guarantee the results will meet your expectations.
Depending on which property management package you choose, we offer numerous guarantees so you can rest assured that your property is well cared for.
See Our Guarantees
How Much Can You Get For Your Indianapolis Property?
You may be looking to purchase a rental property or you may already own a rental property in Indiana. Either way, we can help you rent your Indiana property at the right rental price today. The right rental price reduces your vacancy loss and attracts the best tenants. We know the Indiana market, and we can help you make a good decision when you’re pricing your home. We know what tenants are willing to pay and what the market can bear. Let us balance earning you the highest ROI with your need to remain competitive.
Free rental analysis!Indianapolis Property Management Services – A Wise Investment
Too many people get into the rental property market as a means to grow their investment money thinking it’ll be a passive investment. It’s a good decision for the most part, as property values tend to increase over time no matter where you are and the rent payments almost make this investment self-funding. However, what appears to be a perfect plan on paper often turns out to be anything but in reality. Tenants create management situations, whether they are good or not so good, and rental properties take time to maintain, even if they’re relatively new.
Unfortunately, a lot of rental property investors do not go ahead and hire Indianapolis property management services because they think it’d be too costly. In most situations, this thinking is misguided. As you’ll see below, CRM Properties can help you understand the full value of your rental property such that it’s quite possible that you can charge more in rent than you would have otherwise. Given that potential, it’s also quite possible that this extra rent revenue will help to pay for your property management in Indianapolis. Once again, you’ve achieved a largely self-funding model.