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Updated over 1 year ago on . Most recent reply

Brandon Malone's profile image
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Brandon Malone
  • from Gaithersburg, Maryland
  • Member since Jan 25, 2013
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Brandon Malone's profile image
Brandon Malone's profile image
Brandon Malone
  • from Gaithersburg, Maryland
  • Member since Jan 25, 2013
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Brandon Malone
  • Gaithersburg, MD
9
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90
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General Real Estate Investing

Reporting Rent Payments to Credit Unions

Brandon Malone
  • Gaithersburg, MD
Posted

Need some thoughts on this. The property management system I use now has the capability to allow tenants to opt-in for credit reporting. Is this something I can require or simply inform all future tenants that payments are reported and force it? 

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Michael Smythe's profile image
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Michael Smythe
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  • from Metro Detroit
  • Member since Jun 29, 2023
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Michael Smythe's profile image
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Michael Smythe
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  • from Metro Detroit
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Michael Smythe
  • Property Manager
  • Metro Detroit
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Michael Smythe
  • Property Manager
  • Metro Detroit
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@Tylere Weaver most PMC's charge a monthly fee for a "Tenant Benefits Package" to tenants that includes the cost of reporting payments to credit bureaus.

  • Michael Smythe
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