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Updated about 4 years ago on . Most recent reply

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32
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9
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Daniel Saunders
  • Real Estate Broker
  • Andover, CT
9
Votes |
32
Posts

Property Manager's in Macomb, Il

Daniel Saunders
  • Real Estate Broker
  • Andover, CT
Posted

Any property managers in Macomb Illinois? I have MHP that I am need management for.

Most Popular Reply

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626
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701
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Jack Martin#3 Mobile Home Park Investing Contributor
  • Specialist
  • Scottsdale, AZ
701
Votes |
626
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Jack Martin#3 Mobile Home Park Investing Contributor
  • Specialist
  • Scottsdale, AZ
Replied

@Daniel Saunders just a word of caution as it relates to 3rd party management; we have found that this solution only tends to work well if you have a park that is already stabilized and running at or close to efficiency. 

If you have a park that requires heavy lifting to fill spaces, sell homes, complete major capital improvements, etc, I would not recommend a 3rd party. They just don't have the ability to move the needle at the park, nor will they care as much as you do as the owner, so you will be left disappointed with their lack of performance.

However, if you choose to go this direction, make sure to find a company who specializes in parks and is familiar with all the state regulations. Hiring a 3rd party PM company without intimate knowledge of parks is a recipe for more brain damage than you want.

The best resource for to find the best park PMs will be the Manufactured Housing Association in your state.  The board is typically made up of park owners, park attorneys, and park property managers.  They will know all the options for you that make sense. 

All the best, 

Jack

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