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164
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114
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Will Stewart
  • Investor
  • MA
114
Votes |
164
Posts

What is your typical collections rate?

Will Stewart
  • Investor
  • MA
Posted

Just curious what other folks numbers look like; I’ve been tracking mine more closely recently. I own two MHPs in a strong northeast market.
57% (in terms of # of units) collected on or before the first

97% by the 7th

100% by the 15th (always a few stragglers)

Roughly 60% pay online/PayNearMe, the rest mail checks.

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