RENTAL PROPERTY PAYMENT CREDIT REPORTING RENTAL PAYMENT REPORTING TO THE CREDIT BUREAUS Reporting rental property payments to Credit Bureaus benefits tenant and apartment owners: Owners have more leverage to prevent tenant delinquencies Helps tenants build credit and improve credit scores Helps tenants reduce their finance cost for loans, credit cards, and furniture rentals Access to an industry-standard […]

4 of the 5 factors that make up your credit score are positively impacted by reporting your community assessment payments to the credit bureaus. If you make your assessment payments on time, you show that the largest factor in your credit score, your payment history, is positive with yet another financial commitment. By adding your payment history to your credit report, you

For too long, HOA and Condo assessment payments have taken a back seat to that of the mortgage and other banking payment obligations.  We wonder why?  Assessments fund an entire community’s ability to operate and effect tens, hundreds, or thousands of other families, while mortgage, credit card, and auto loan accounts, only affect the specific

It is being forecasted that President Trump and the House will quickly pass the CARES act which will provide crucial assistance to small businesses during these unprecedented times.  The focus is to assist small businesses; keeping their staff employed, paying their rent and their debt service.  We urge members of the association management industry to

NEW RESOURCE FOR RENTAL PROPERTY OWNERS The national COVID-19 conversation has shifted from mitigation to vaccines and reopening our economies. Entire industries have been devastated, and many of the effects of the changes over the past year will linger. Rental property owners have not been spared and now face an unprecedented rate of delinquent rental