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Updated 11 months ago,
How do you find out rent in a new mobile home park during Due DIlligence
- Local Trends: Watch for changes in the area like major employment shifts and construction projects.
- Ghost Ads: Post fake ads before purchasing a community and gauge your activity. This gives you an idea of the rent amount and general demand.
- Comparable rents: Analyze rental listings in your area for similar properties (size, location, amenities). Look for recently rented units to get the most accurate picture.
- Rental listing websites: Utilize platforms like Zillow, Trulia, Craigs List, (In Utah, KSL), Facebook Marketplace, or Rentometer to search for comparable rentals and analyze rental trends.
- Local property management companies: Contact local property managers for their insights on current rental rates in your area.