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Updated over 6 years ago on . Most recent reply

User Stats

10
Posts
2
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Eddie Pfeifer
  • El Salvador/Florida
2
Votes |
10
Posts

Self-Storage vs Mobile Home Park for Absentee Owner

Eddie Pfeifer
  • El Salvador/Florida
Posted

In your experienced opinion, which is more feasible for an out-of-state (3+ hour flight or so) owner, MHP or SS?

Regarding an on-site manager, at what point does it become financially feasible to have one onboard? I realize this is a nebulous question so feel free to use whatever parameter you choose to answer

Most Popular Reply

User Stats

63
Posts
28
Votes
Lance Langenhoven
  • Real Estate Broker
  • The Woodlands, TX
28
Votes |
63
Posts
Lance Langenhoven
  • Real Estate Broker
  • The Woodlands, TX
Replied

I own a boat & rv storage facility which, unlike self-storage, does NOT require on-site management. We have close to 100 tenants now and handle new prospects, sign-ups and day-to-day management all remotely with part-time help from my brokerage administrator that does double-duty for the boat & rv storage business. 

I do visit the property occasionally, no more than once a week but sometimes once every two weeks - just to see if the yard has been mowed and make sure everything looks ok.  

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