MHP tenancy approval and investors

MHP tenancy approval and investors

Flint , MI · Member since 2015 · 23 posts · 1 vote

To those who invest in park based MHs: Do you go through the same screening as a resident tenant would? Another words do you submit your personal ininformation( ie. Social security number, credit info) to park managers each time you buy a MH in a different park?

I asked this question before and got nothing but one response from a park owner who felt it necessary to lecture me on the need to abide by the rules of the park. My question isn't about whether to follow rules but whether investing in park based MHs entails giving out personal information everytime an investment is made.

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Real Estate Investor · Houston, TX · Member since 2010 · 499 posts · 206 votes
11y

Well, Dave, if you're that worried about giving out your info, you probably need to go into another area of investing. The parks are going to want info on investors working in their parks. 

And by the way, you are rude. Not the way to talk to people who are trying to help you by answering your questions. 

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  • Flint , MI · Member since 2015 · 23 posts · 1 vote
    11y
    Originally posted by @Richard C.:

    I bought a condo space in an rv park.  And yes, I filled in the application.

    Whether you like it or not, when you buy a MH in a park, you are a tenant.  There is no special privileged class called, "investor."

     Good to know. If this is standard procedure for most investors than I'll at least know to deal with it rather than try working around it.

    At any rate, thanks for the insight.

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