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Updated over 8 years ago,

User Stats

35
Posts
14
Votes
Garrett White
  • Investor
  • Mount Ulla, NC
14
Votes |
35
Posts

Hiring a MHP Manager

Garrett White
  • Investor
  • Mount Ulla, NC
Posted
Alright guys and gals, I'm new to the MHP business so bear with me. Providing your business plan involves hiring a tenant to be your manager, how do you typically compensate them? For instance, in Multifamily investing, it's typically 5-10% Gross Income, depending on the size, and it's somewhat a turnkey deal. However, in addition to giving the manager free/reduced rent, do you pay them a percentage of what they collect or what? Also, what is the manager's roles besides being your eyes and ears and collecting rent? For example, do they call someone for necessary repairs? Thanks

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