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Why Landlords Should Report Rent Payments to Credit Bureaus
FrontLobby
Updated March 18, 2024
One of the most crucial elements towards building a good Landlord-Tenant relationship is the clear understanding of maintenance responsibilities.
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FrontLobby vs. OpenRoom vs. Chexy vs. Borrowell
As the saying goes, an ounce of prevention is worth a pound of cure. Rent Reporting is quickly becoming an essential tool, offering Landlords and Tenants the ability to include rental payment history in credit reports and scores.
Why Canadian Investors are Turning to Calgary
Calgary offers a wealth of opportunities for real estate investors, thanks to its strong economy, affordable housing prices, and high rental demand. With ongoing infrastructure projects and a high quality of life, it is an ideal destination for those looking to diversify their investment portfolios.
How to Integrate Rent Reporting into Your Property Management Software in Canada
Property Management in Canada is growing and changing at a rapid pace. For that reason, remaining at the forefront of the industry is the key to success. One of the most advantageous aspects of doing so is adapting Rent Reporting into your business operations.
How On-Time Rent Payments Can Boost Tenant Credit Scores
Good credit scores open doors to many of life’s biggest financial steps—buying a first home, obtaining car or students loans, financing a business. Without a good credit score, these milestones may remain out of reach.
The Rise of Rental Payment Plans and What Housing Providers Need to Know
Rental payment plans are becoming a key trend in the housing market, making it easier for both Renters and Housing Providers to navigate financial challenges. These plans offer a practical solution for late rent payments and help in maintaining consistent cash flow for those managing rental properties.
Landlord Tenant Board Non-payment of Rent (LP)
The eviction process in Ontario is governed by the Residential Tenancies Act (RTA) and enforced by the Landlord and Tenant Board (LTB). The LTB is responsible for mediating disputes between Landlords and Tenants, adjudicating claims, and issuing orders when necessary.
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