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Updated about 7 years ago on . Most recent reply

User Stats

164
Posts
30
Votes
Kelly Conrad
  • Real Estate Investor
  • Minneapolis, MN
30
Votes |
164
Posts

How to make sure on-time rent payments are recorded for tenants?

Kelly Conrad
  • Real Estate Investor
  • Minneapolis, MN
Posted

I'm in a neighborhood where some folks don't have the greatest credit. I just recently heard that some spots where you rent, it doesn't count on your credit report. I would like to make sure that when my tenants rent from me, that on-time (and late!) payments show up so they can someday move up to nicer areas. It looks like there are some programs that request a lot of money to do this, and some are "free". Any recommendations of places I can report to so I can be sure that good tenants can improve their credit?

Edit: We use TenantCloud for rent payments if that matters

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