Rent Collection Services
Own It Detroit understands how important timely rent collection is. With our services, you can be sure that there will be no late rent payments.
Rent payment is due on the first day of every month. To make rent payment as hassle-free as possible, we provide our tenants with several payment options. Some of these options include mailing, online payment and through bank account automation.
We explain each payment method at the time of lease signing. We also encourage tenants to visit our offices to learn more about those payment options.
Own It Detroit understands the value of record keeping in property management. As such, we keep a meticulous record of all transactions regarding your property.
Thanks to our detailed tenant screening process, we are able to drastically reduce the chances of encountering a difficult tenant. However, in the event that we encounter one, we always make sure to approach problems with a combination of tact, compassion and strict adherence to the lease agreement.
How We Deal With Late Rent Payments
First, we update our tenants on the issue. If there is still no resolution, we then serve them a formal notice of non-payment depending on how late they are. By following due process, it allows us to be adequately equipped should the matter end up in the legal system.
We won’t notify you if the tenant complies with the notice and pays the rent due. Otherwise, we will notify you. Then, we will seek your permission to initiate the process of legally removing them from the rental unit.
In Michigan, the law requires us to issue the tenant with a “10-day Demand for Rent” notice. The notice requires the tenant to either vacate the rental unit or pay the rent due. From our experience, most tenants are able to pay within this time-frame. However, for the few that don’t, we are left with no other choice than to file for their removal in court.
Since the amount sought is less than $10,000, we’ll file the eviction lawsuit in a small claims court. The eviction lawsuit is known as “Summary Ejectment”. The court then issues a “Summons”. The Summons contains details such as the court hearing’s location, time and date.
Generally, the hearing takes place two weeks after the Summons is issued. All property owners are required to be present at the court hearing.
Assuming the judgment goes in the property owner’s favor, the court will award them with a “Judgement for Possession.” This gives the property owner rights to the property. The tenant will then have 10 days to leave the property.
At this point, the property owner also has a choice of filing for a “Writ for Possession.” This document allows the county sheriff to forcefully evict the tenant out of the property. Once this is done, we’ll use a locksmith to change the locks on the home.