8 min read
Blame Landlords Less and Property Managers More
Scroll through the news, and you’ll find no shortage of horror stories about landlords. But in three recent cases involving unlawfully withheld...
Like it or not, credit dictates a lot in our lives, and your tenants may want to get some recognition for their on-time payments. Because jobs, loans, insurance, and housing can all be affected by one’s credit score, getting rewarded for their single-largest monthly purchase makes sense.
In this article, we’ll explore all there is to know about rent reporting services for landlords like you. Some of the key highlights include:
By the end of this article, you’ll know the ins and outs of rent reporting services for landlords and understand why TurboTenant might be the best solution for your needs. Whether you’re a seasoned property manager or an individual with just a few units, you’ll walk away more knowledgeable about rent reporting services.
Collect rent online and encourage your tenants to make on-time payments with free Rent Reporting by TransUnion.
Collect rent online and encourage your tenants to make on-time payments with free Rent Reporting by TransUnion.
At its most basic, rent reporting services share tenants’ on-time rent payments with major credit bureaus. These services offer several advantages that can help boost a renter’s credit and contribute to your success.
Let’s explore those benefits in greater detail.
Many of today’s tenants understand the importance of building and maintaining a strong credit score. By offering rent reporting services, you immediately elevate the attractiveness of your rental property to those who seek a reward for paying rent on time.
It’s a great way to show the rental pool you’re invested in your tenants’ financial futures. Plus, these services can lead to a larger pool of qualified applicants, which empowers you to be selective when choosing applicants.
The potential negative impact of late or missed payments can significantly deter tenants from making them.
The result is fewer chances for evictions and the associated legal hassles. When tenants pay on time, you have greater financial security.
Many renters looking to build their credit will appreciate the opportunity to do so without taking on a credit card. By offering rent reporting, you give them that opportunity.
The result is an incentivized tenant who is more apt to follow the terms of their rental contract or online lease agreement, which leads to a better relationship between parties.
Many rent reporting services for landlords offer seamless integration with existing property management software platforms. These partnerships automate the tedious reporting process and free up valuable time for you to focus on other aspects of your business.
But there are other benefits. Some services offer online rent payments and apply late fees automatically to speed up rent collection and its associated workload. The result is a faster rent collection process and automated rent reporting, which serves you and your tenants through a single platform.
When you search online for rent reporting services, you’ll find multiple options with considerable variation in features, price, and integrations.
Let’s look at some of our favorites.
Okay, we’re biased. What did you expect? Here’s why we think TurboTenant’s rent reporting feature is one of the best solutions for landlords available today.
TurboTenant’s rent collection feature is one part of an all-in-one property management software system that streamlines lease agreement creation, tenant screening, property advertising, and more.
With regard to rent reporting, when a tenant pays rent through TurboTenant, the service automatically reports the on-time payment to TransUnion. And because TurboTenant makes rent payments easy, tenants can pay via ACH, debit, and credit card for added convenience.
Then, that payment automatically filters into your dashboard for easy rent tracking. When combined with the ability to send automatic reminders, apply custom late fees, and set up autopay for free — you get a lot for very little.
Once you set up rent payments, your tenant can easily sign up for rent reporting from their dashboard. All they have to do is confirm some basic information, and we’ll automatically report on-time rent payments to TransUnion.
Once the renter sets up rent reporting on their end — that’s right, no effort from you required — we charge the tenant a highly competitive fee of $4.99 a month. Not only do you get the ability to collect rent for free, but your tenants can report their rent for less than a fiver.
Most rent reporting services stop at credit-building, but TurboTenant offers an all-in-one property management solution that goes far beyond that.
Managing rentals doesn’t have to be complicated. With TurboTenant, everything you need is in one place.
RentReporters is a solid option that focuses solely on rent reporting. Perhaps its most valuable feature is that RentReports allows tenants to report their current rent payments and up to 24 months of their past payment history.
RentReporters can benefit tenants looking to establish or quickly improve their credit history.
That said, it lacks the comprehensive suite of integrated property management tools that other offerings like TurboTenant offer. Landlords who choose RentReporters must manage their rent collection, lease agreements, and other essential aspects of property management through other systems.
If you’re most interested in obtaining Experian reports, RentBureau is for you. Plus, it it may partner with a property management solution you already use. It also works with property management companies.
While Experian RentBureau may be available and relatively easy to use, its usefulness to landlords may ultimately depend on its current ability to work with your current rental management software.
It does not function as a standalone rent reporting solution for landlords not already using integrated property management software.
Self Rent Reporting (formerly known as LevelCredit) offers rent reporting services as a part of a broader suite of tools and resources that help tenants build their credit. In addition to rent payments, Self Rent Reporting allows tenants to report utility payments, so they can get credit for all of their housing-related bills.
Like RentReporters, LevelCredit’s primary focus is helping tenants build their credit through various reporting mechanisms. While this can indirectly benefit landlords by attracting more financially responsible tenants, LevelCredit does not offer a comprehensive suite of property management tools specifically designed for landlords to manage their day-to-day operations.
As 2025 rolls on, rent reporting services for landlords are about to become even more critical. With more people understanding the importance of a good credit score, the demand for easy and trustworthy rent reporting options will rise.
Landlords who realize this demand is here to stay would be wise to put rent reporting services into their property management plan. By doing so, they’ll be better positioned to attract responsible, financially stable tenants.
In the past few years, rent reporting services for landlords have gone from being a niche to a must-have offering. By offering this helpful and in-demand service, you’ll stand out for the better in today’s tough rental market, and we think TurboTenant is the perfect choice if you want an all-around solution.
Sign up for a free account today and see why 750,000+ landlords rely on TurboTenant to streamline their operations.
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