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Mobile Home Park Investing

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Andriy Boychuk
  • Rental Property Investor
  • Staten Island, NY
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480
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Do mobile home park owners need to hire Property Management Companies?

Andriy Boychuk
  • Rental Property Investor
  • Staten Island, NY
Posted Dec 10 2014, 09:55

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. 1.Do property management companies care about occupancy rate?
  2. 2.Do property management companies care about mobile home park condition?
  3. 3.Are there any good property management companies for mobile home parks?
  4. 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.

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