Property Management Software for MHP

[Janine Sharma]

Hi,

I am a new investor setting up my first MHP deal.  I am wondering if anyone has recommendations for property management software for this asset class?  The seller is staying on as my PM and currently does everything through QuickBooks and his own excel system however since I am out of state I am wondering if there may be a better option?

Thank you!

Janine

[Mario Dattilo]

Rent manager is the most commonly used property management software in the Mobile home park industry. It’s got the accounting and operating an all in one and is pretty robust. I’d recommend it. 

I would think about having the seller be your manager after closing. That can cause all sorts of problems. We typically want the previous owner away from the property the day after closing so we can take over the property and implement our systems.

I’ve got a lot of MHP investor resources in my profile that can help you through that first deal. 
hope this helps.