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Updated over 3 years ago,

Shane Jeanfreau's profile image
Shane Jeanfreau's profile image
Shane Jeanfreau
  • Investor
  • from New Orleans, LA
  • Member since Dec 14, 2013
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User Stats

107
Posts
30
Votes
Shane Jeanfreau's profile image
Shane Jeanfreau's profile image
Shane Jeanfreau
  • Investor
  • from New Orleans, LA
  • Member since Dec 14, 2013
Connect
Shane Jeanfreau
  • Investor
  • New Orleans, LA
30
Votes |
107
Posts
Mobile Home Park Investing

How much is to much on raising LOT rent

Shane Jeanfreau
  • Investor
  • New Orleans, LA
Posted

I have a park under contract with fairly low lot rent for the area. Problem is the park does not make sense unless I raise the rents on the 26MH pads from $150 to $300. Not sure if anyone ever raised rents that much but just curious what others have done when it comes to day one owning the park.

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