Have you heard that over 17,600 evictions occur each year in Iowa, according to Axios?
As a rental property owner in Des Moines, Iowa, protecting your investment is crucial. One major concern is the possibility of tenants not paying rent or violating lease agreements.
To protect your rental properties, it's essential to consider eviction protection services and other solutions. Read on to explore the top eviction protection plans and how they can benefit your Des Moines rental property business.
Eviction Protection Services
Eviction protection services are designed to help property owners manage the eviction process smoothly. These services often include the following:
- Legal support
- Assistance with paperwork
- Guidance through removing a tenant
Many Des Moines rental property management companies offer eviction protection plans as part of their services. These services can also cover court costs, legal fees, and even the cost of hiring a lawyer if necessary. Tenant eviction protection services ensure you're not left alone during a difficult situation.
Rental Property Insurance with Eviction Coverage
Another important protection plan to consider is rental property insurance that includes eviction coverage. Regular rental property insurance protects against damage to the property and liability issues, but some policies also cover eviction-related expenses.
Eviction coverage can help you recover financial losses that occur when a tenant fails to pay rent or if you must go through the eviction process in Des Moines. This can also cover the following:
- Lost rent
- Court fees
- Legal expenses
Tenant Screening Services
By choosing tenants who have a stable income and a positive rental history, you lower the chances of needing to go through the eviction process. Many Des Moines rental property management companies offer tenant screening as part of their services.
Investing in thorough tenant screening can save you from costly eviction issues in the future.
Des Moines Rental Property Management Services
If you manage your rental properties on your own in Des Moines, you know how tricky it can be. Handling the following things can become overwhelming fast:
- Tenant issues
- Repairs
- Rent collection
- The eviction process
By hiring a Des Moines rental property management company, you can relieve yourself of these duties. Rental property management companies handle tenant relations, maintenance, and, if needed, the eviction process. These services ensure that you won't have to deal with the eviction process alone, which can save time, stress, and money.
Understanding the Eviction Process in Des Moines
It's essential to understand the eviction process in Des Moines. Iowa law requires landlords to provide a written notice, usually giving the tenant a specific number of days to fix the issue or vacate the property.
With no action afterward, the landlord must file a legal complaint with the court, and the eviction process can take several weeks or even months. During this time, the tenant may still be living in the property, which can result in lost rental income.
These are the Top Eviction Protection Plans
Protecting your rental property from the risk of tenant eviction is essential. Using this eviction protection advice will keep your Iowa rental properties safe.
Have you ever wanted help running your Des Moines rental properties? Contact PMI Central Iowa to discuss our great property management solutions. We always provide superb customer service to both property owners and renters while maximizing the value of each investment.
