Trust isn’t built with words, it’s built with action. And if you’re a landlord who wants long-term tenants that pay on time and respect your property, rent reporting might be the single most powerful tool you’re not using.

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A widely accepted affordability benchmark is that rent should not exceed 30% of a household’s gross income yet in reality, many Canadians are paying far more:

• In British Columbia, 38% of renters spend over 30% of their income on rent and utilities, and 25% pay more than 50% biv.com.
• In Vancouver specifically, 27% of renters spend over half their income on housing—well above the national average (~16%) www.vancouverisawesome.com.

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Your tenants aren’t just paying rent, they’re investing a major portion of their financial bandwidth; so why not help them turn that into something meaningful? Like a better credit score, more financial stability, and a reason to stick around.

Let’s break down why rent reporting isn’t just good karma—it’s good business.

Why Rent Reporting Builds Real Trust

By reporting on-time rent payments to credit bureaus, you're offering something the traditional rental system has ignored for decades: a way for tenants to build credit with the money they already spend.

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What this tells your tenants:

• “You’re more than a monthly transaction.”
• “We reward financial responsibility.”
• “This is a partnership, not just a contract.”

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And the impact is real. Canadian renters using credit reporting services have seen credit score increases of 36 to 84 points—often within their first few months of reporting (FrontLobby, 2024).

That kind of jump can mean:

• Easier approvals for credit cards, car loans, or mortgages
• Lower interest rates
• A stronger application for future rentals

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It’s a simple way to offer long-term value—and it can lead to better tenants who pay on time, renew more often, and take better care of your property.

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How Property Copilot Makes It Easy

You don’t need to become a credit expert to make this happen. Property Copilot automates the process and makes you look good doing it.

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Here’s what you get:

1. Automated Rent Reporting

No extra work. Every on-time payment is automatically sent to major credit bureaus (including Equifax and TransUnion).

2. Tenant-Facing Credit Dashboard

Tenants can log in, track their credit growth, and actually see the impact of paying rent on time.

2. Payment History + Insights

Get a clean, filterable dashboard of who’s paid, who hasn’t, and when. Great for internal tracking and future screening.

3. Built-In Messaging Tools (coming soon!)

Easily educate tenants about the benefits of rent reporting. We give you the templates and reminders to keep communication flowing.

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The Business Case for Trust

Let’s be blunt: tenants who trust you don’t ghost you.

They stay longer. They pay on time. They refer their friends.

Rent reporting is a signal that you’re the kind of landlord they want to stick with.

• Reduce turnover
• Minimize late payments
• Improve tenant satisfaction

And here’s the best part: it costs you almost nothing but delivers high perceived value.

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How to Get Started

If you’re already using Property Copilot, rent reporting is just a few clicks away. Enable it from your dashboard, and we’ll handle the rest.

If you’re new to the platform, you can sign up, onboard your properties, and activate rent reporting in less time than it takes to read most leases.