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Great property management is key to unlocking the full potential of any real estate investment, and preserving the asset. So where and how can mobile home park investors secure good, affordable managers?
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How To Hire An Onsite Manager For Your Mobile Home Park By Mobile Home Investors Academy
Where can mobile home park investors find good property managers? Great property management is key to unlocking the full potential of any real estate investment, and preserving the asset. So where and how can mobile home park investors secure good, affordable managers?
Knowing what you want in a property manager can help narrow down where you look, and how. What to Look for in a Good Mobile Home Park Manager
Some of the factors that may be important or beneficial may include: Already know the area Experience Known for quality and attention to detail Likable by tenants Easy to work with Affordable, offer good value
When to Hire Property Manager for Your Mobile Home Park One of the most important factors here is to hire your local team before closing on your mobile home park acquisitions. Interviewing and talking with local professionals, including potential property managers can provide great insight during the due diligence process.
Head Hunting Potential Property Managers Great ways to start looking for help include: Looking for the best kept lots in this mobile home park Looking for the best maintained lots and parks in the area Strategic letters to residents asking for referrals Local newspaper and Craigslist ads Signs Recruitment agencies
Hire a Professional Property Management Company Some inexperienced investors may cringe at the idea of employing a professional third party property management firm to take care of their assets, just as some of these firms may first cringe at the idea of managing a ?mobile home park?.
Outsource It While this may not yet be a common solution in the mobile home park space, remote property management has been working since at least 2005. It may not be right for every property, and investor, but it can certainly work. It?s worth checking out those that offer it, and if it may be an affordable and efficient match for some of your mobile home park holdings.
For more information: mobilehomeinvestors.com