Nationwide Eviction 7 Hidden Eviction Costs in Texas
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Transcript of Nationwide Eviction 7 Hidden Eviction Costs in Texas
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7 hidden costs of using your staff to file your evictions
Eddie Young
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Delays In FilingShort delays in filing an eviction can lead to big delays in the date of your hearing.
The Most Common (and Preventable) Reasons for Delays in Filing Include: • Waiting on payment to be issued for court costs• Short staffing on specific days prevent staff from leaving to file evictions• Absence of accountability due to insufficient reporting• Other tasks cloud the staff’s ability to properly prioritize filing evictions• Lack of knowledge that creates a ripple effect caused by delaying filing
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When To File
Generally speaking, the best days to file evictions are…
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Travel To TrialHow many trips are you taking to court every month?
What do those trips cost you in time and productivity?
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Mistakes On Paperwork
• Mistakes on paperwork can lead to amending the petition or having to refile the case.
• Both amendment and refiling cost you more money and time.
• E-Filing is not immune.
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Fine and Penalties• A SCRA mistake can cost you $110,000 or more in civil penalties
• Failing to follow the same process for all tenants could lead to a fair-housing law suit.
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Non-Revenue Time• Divide you average rent by 30 days.
• You are losing that much money every day at every unit where you delay filing your eviction.
• For the cost of a 2-3 delay you could pay a professional to handle the eviction for you.
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When most properties are notified of an appeal they tend to seek the help of an attorney which can cost from $1200 - $1500 per case.
Appeals
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Nationwide Eviction is trusted by many of the Top 100 Management Firms in the U.S. Our clients trust us because we provide: A single eviction process that works for multiple states and
jurisdictions Online, Automatic communication as the case progresses Transparent, predictable, and best in market pricing Portfolio level reporting to measure ROI and provide oversight Integration with property management software and collections We can help you mitigate all these costs when your property files
evictions online at: www.NationwideEviction.com
$75
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For additional questions about the Texas Eviction Process contact Eddie Young at [email protected]
To register your property or portfolio, please contact David Merrill at [email protected]