you can write a letter that the tenant can send to each of the bureaus.
state how many times they've been 30, 60, 90 or 120 days late, how much the rent is, and if they're current now.
i think you should have your tenant doin this legwork but i assume you might profit from his increased credit worthiness.
also make sure his credit cards are not above 75% of max. below 50% is better.
you might also try the "my credit coach" service. it's online. i've heard good things
you can contact the credit bureaus yourself and request you would like to have your company reporting for the following individuals This will allow you to report the good tenants and the bad tenants. They will verify you or your company owns the property. they are very helpful and willing to walk you through the process. This is very helpful to tenants that have a Land Contract and pay with cash or money order
you can write a letter that the tenant can send to each of the bureaus.
state how many times they've been 30, 60, 90 or 120 days late, how much the rent is, and if they're current now.
i think you should have your tenant doin this legwork but i assume you might profit from his increased credit worthiness.
also make sure his credit cards are not above 75% of max. below 50% is better.
you might also try the "my credit coach" service. it's online. i've heard good things
you can contact the credit bureaus yourself and request you would like to have your company reporting for the following individuals This will allow you to report the good tenants and the bad tenants. They will verify you or your company owns the property. they are very helpful and willing to walk you through the process. This is very helpful to tenants that have a Land Contract and pay with cash or money order
Thank you both!!
I'll give it a try.
Beachboy