Do mobile home park owners need to hire Property Management Companies?
I was driving for dollars last week. Approximately 50 parks were visited during my trip. 10 of the parks were managed by property management companies. All those 10 parks were 50% or less occupied. All those 10 parks were in terrible condition. Most of them looked like they were abounded.
I do not invest in mobile home parks yet. However, I have couple questions out of my curiosity.
- 1.Do property management companies care about occupancy rate?
- 2.Do property management companies care about mobile home park condition?
- 3.Are there any good property management companies for mobile home parks?
- 4.Do the park owners care about occupancy and condition of their parks?
I wish somebody who knows how to manage MH parks to buy those parks and improve them.