How to Help Your Tenants and Keep Your Cash Flow
Tuesday, November 30
It is impossible to be a landlord and not receive frequent requests to "help" your tenants. These requests normally revolve around payment of the rent either to pay late or to pay a reduced amount. And the way you handle these requests has a huge impact on your business, and the l...
How to Handle Your Tenants
Monday, November 29
In Kung Fu, the concept is to combat aggression with the least amount of human effort and movement. Evidently the oriental masters' theories can be applied to mobile home parks. The best way to handle mobile home park tenants is to use very little effort to pretty much ignore 99% ...
Take Advantage of This Great Buying Opportunity
Sunday, November 28
Warren Buffet once said of Berkshire Hathaway "we only get greedy when others get fearful". That statement has never been more accurate in describing the opportunities in the mobile home park business. We are approaching a time in the industry when the owners of parks for sale...
How to Accept Your Park Utilities
Tuesday, November 23
When you first buy a mobile home park, you are a little terrified of your water and sewer system. "What if it breaks down?" you worry. "Can I afford to fix it?". "Will my tenants get mad and leave if the water goes out for a couple days?". One...
How to Accept Your Park Utilities
Tuesday, November 23
When you first buy a mobile home park, you are a little terrified of your water and sewer system. "What if it breaks down?" you worry. "Can I afford to fix it?". "Will my tenants get mad and leave if the water goes out for a couple days?". One of the key things to remember is that each mobile...
HOW TO PREPARE FOR THE RECESSION
Monday, November 22
Unless you're George Bush, you probably already realize that we are heading into a national recession. And if you agree that we are heading into economic trouble, then it is worth your while to make preparations to survive and prosper during this cycle. It's important to remember that it takes...