How To Hire An Onsite Manager For Your Mobile Home Park

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How To Hire An Onsite Manager For Your Mobile Home Park

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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? – PowerPoint PPT presentation

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Title: How To Hire An Onsite Manager For Your Mobile Home Park


1
How To Hire An Onsite Manager For Your Mobile
Home Park
By Mobile Home Investors Academy
2
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?

3
What to Look for in a Good Mobile Home Park
Manager
Knowing what you want in a property manager can
help narrow down where you look, and how.
4
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

5
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.

6
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

7
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.

8
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. Its 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.

9
For more information
  • mobilehomeinvestors.com
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