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Updated about 2 years ago on .

User Stats

113
Posts
93
Votes
Jake Roland
  • Rental Property Investor
  • Opelika, AL
93
Votes |
113
Posts

Recently Purchased Mobile Home Park - Need help with Leases etc

Jake Roland
  • Rental Property Investor
  • Opelika, AL
Posted

Hey, I recently purchased a small 8 lot MHP in Opelika, AL. Everything was run down and vacant and since we have sold off and removed all the old falling apart trailers and cleaned up the property and are close to ready to rent spaces out for hopefully all TOH. We are trying to keep everything TOH for ease of management since it's a small park, but not completely against having a POH or a few to start with. (Open to suggestions for best ways to fill up the park) We have experience in normal residential leases but I need help with some examples of what other people are using for 

- Land leases for just leasing lots for TOH 

- Examples of "park rules" and any other important documents you may be using for running/managing a small park. 

-Do you offer any move-in incentives to get spaces rented out?

-If tenants do their own lawn care, how do you figure out exactly the space the tenant cares for vs "common area" as well as handling fences and pets. 

-Complaint based system for junky yards full of kids toys, or do you have specific rules for those types of things?