GNO Property Management is a property management company based in Louisiana, USA. To collect late and delinquent accounts, GNO used to do a more traditional approach that includes sending demand letters, following-up with a lien, and getting a judgement in court to collect delinquent payments from clients. They also tried offering discounts to those who […]
As a landlord or property manager, tenant retention is critical to the success of your business. When a tenant decides not to renew their lease, it can lead to costly turnover expenses and a loss of steady rental income. Therefore, it’s important to pay attention to any signs that your tenants may not be planning
HOA accounts are reported as Open, Secured monthly obligations, which accurately describe the financial relationship between the homeowner and their HOA. As long as they own a home in the HOA, they have a regular, open account with financial obligation. Sperlonga reports many data points related to each account, in addition to the account and
Working with a credit reporting service provider allows you to report your homeowners’ or tenants’ rent or assessment payments to the credit bureaus. This has given communities, landlords, and property or community association managers the leverage to ensure tenants and homeowners honor their rent or assessment obligations. There are several credit reporting service providers. You
How to choose the best rent or assessment credit reporting solution provider? Read More »
Credit reporting is the collection and distribution of credit information by bureaus such as
TransUnion, Equifax and Experian that have gained permission to access consumers’ credit
reports. Credit bureaus provide this information to creditors like banks, collection agencies,
mortgage lenders, and insurance companies, who use it in making financial decisions involving
consumers’ creditworthiness and solvency.
How does reporting rent to the credit bureaus work Read More »
