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Updated over 1 year ago on . Most recent reply

Kimberly Candler's profile image
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Kimberly Candler
  • from Mississippi
  • Member since Oct 1, 2020
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Kimberly Candler's profile image
Kimberly Candler's profile image
Kimberly Candler
  • from Mississippi
  • Member since Oct 1, 2020
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Kimberly Candler
  • Mississippi
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Mobile Home Park Investing

Mobile Home Park Management Cost

Kimberly Candler
  • Mississippi
Posted

What would be a fair percentage for a property manager to charge me to manage my 74 lot mobile home park with 1 single family residence? 39 units are occupied. around 24,000 total monthly rent with the current 39.Property located in MS.

Jackson, Mississippi
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Frank Rolfe#1 Mobile Home Park Investing Contributor
  • Real Estate Investor
  • Ste. Genevieve, MO
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Frank Rolfe#1 Mobile Home Park Investing Contributor
  • Real Estate Investor
  • Ste. Genevieve, MO
Replied

5% of gross is the norm. At that type of revenue, you might consider getting a bid from M. Shapiro in Michigan who does mobile home park management on a third-party basis. They have been around for decades.

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