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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!
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Andrew Syrios
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I don't think it's normal in any market. You might want to tighten your application criteria a bit going forward.