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Updated over 15 years ago on . Most recent reply

User Stats

78
Posts
14
Votes
Tara G.
  • Investor
  • Cary, NC
14
Votes |
78
Posts

How to keep MH filled

Tara G.
  • Investor
  • Cary, NC
Posted

I have experience with Apartment and am looking to buy a MH park. I have two questions that I need to get a good feel for:

1. My expectation from MH park is that trailers cost ~8K and above, thus owners of trailers have incentive to keep paying rent. In this specific park, trailers are quite old. They cost around $1500.
I am looking at situation where people if they need to move will do so without much expense.
- What are some of the ways to retain customers?
- What is the best was to advertise for sale trailers?
-What are the profiles of people who rent trailers? - need to determine media that will work for the? Most of the people in this park are hispanic immigrants , with family.

2. This park has well water. Are there any liability issues with this?

Thank you,
-Rye

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