𝐓𝐡𝐞 𝐓𝐫𝐮𝐭𝐡 𝐀𝐛𝐨𝐮𝐭 𝐑𝐞𝐧𝐭𝐚𝐥 𝐃𝐞𝐛𝐭 𝐚𝐧𝐝 𝐂𝐫𝐞𝐝𝐢𝐭 𝐑𝐞𝐩𝐨𝐫𝐭𝐢𝐧𝐠 A recent WSJ article paints renters as victims of a “hardball” tactic—landlords reporting unpaid rent to collections agencies, which then impact credit scores. But let’s be real—nearly all apartment companies send unpaid balances to collections. Why? Because past behavior predicts future actions. Landlords don’t like to rent to people with evictions for the same reason banks don’t lend to those with unpaid debts. If someone skipped out on rent before, why would the next landlord believe they won’t do it again? The article mentions 30% collection costs, but in my experience (millions in bad debt across Class C properties), less than 10% is ever collected. Most renters only pay up when they need to buy a house or car. Meanwhile, the landlord eats the loss. This isn’t a one-sided issue. No landlord wants to send a tenant to collections. But after COVID, it took months (sometimes over a year) to evict non-paying residents. Imagine being a small landlord with one rental—your tenant stops paying, but you still owe the mortgage, property taxes, and maintenance costs. That’s reality. Bottom line: Don’t break your lease. Pay your rent. Document everything. If there’s a dispute, courts and credit bureaus favor the side with the best paperwork. What do you think—should unpaid rent go unreported? Let’s hear both sides. 👇 https://lnkd.in/eUYN2SR9