Updated almost 8 years ago on . Most recent reply

Is late rent payment in Indy normal?
Hi all,
My tenants in Indy start to pay rent late after 3 months moving in. The house is in a decent area, rent for $1100. My property manger told me among the houses she manages, there is about 25% late rent payment. I am wondering if this is normal in the Indy market or the issue with this particular property manager. Please help! Thank you!
Most Popular Reply

Andrew Syrios
Pro Member
- Residential Real Estate Investor
- Kansas City, MO
- 5,099
- Votes |
- 10,502
- Posts
I don't think it's normal in any market. You might want to tighten your application criteria a bit going forward.