by Jae | Apr 15, 2016 | Uncategorized
When the commercial real estate prices are on the rise, it’s always tempting to sell. But should you sell your mobile home park? If you’ve been on the fence, now may be the time. Here are some reasons for selling your manufactured housing community. It’s Time for...
by Jae | Jul 1, 2015 | Uncategorized
We were looking at buying some mobile home parks in Kentucky and found out that they were in a 100 year flood plain. Kentucky has a lot of rivers and lakes, so it’s not uncommon for properties to be in a floodplain. A 100 year floodplain literally means that...
by howard | Dec 21, 2013 | Uncategorized
Unless you self manage your mobile home park, the onsite park manager you hire is vital to its success. A very important decision you must make is how to compensate your manager. It is very customary to pay your manager a straight salary (ie $10/mo per lot) plus free...
by Jae | Apr 4, 2012 | News & Articles, Uncategorized
We have recently completed submetering our park in Indiana. In this article, we discuss the detail of the project. What is Water Submetering? Submetering is process of installing water meters for individual units then billing back the tenants for their water usage....
by howard | Nov 28, 2011 | Uncategorized
I first took up golf at the age of 22. Not because I thought it would be fun, but because I started a job in sales and my manager told me I needed to start playing. Wow…this really sucked; I was always into hard core athletics like martial arts, and golf seemed...
by howard | Oct 3, 2011 | Uncategorized
Here’s one big reason Jae and I love mobile home parks. Jae and I just finished a 3-state, multi-day roadtrip in the Midwest checking up on our parks as well as visiting several other potential properties, including parks and single family homes. Recently we...
