Posted by Dirk Roach on November 25, 1998 at 24:55:00:
Every Park Manager that I have a relationship with, answers to an owner. I have no parks that I work with which have an owner/manger situation. Anyhow, it is the general rule of thumb here (San Diego) that any back space rent must be paid. I assume that the PM’s can’t make a call on foregoing back space rent. But I’m not sure about that. I do know that the PM’s I know what/need back space rent, before the deal can go through.
Your people could be different? I do have different options though with different parks, one charges a holding fee (100 dollar break, and they don’t run a credit check on me), another charges half, and still yet another prorates me any space rent I aquire between my purchase time and my selling time. And of course some parks don’t give a break at all.
It’s different with every park that I deal with.
I would talk to them, and feel them out. Lonnie Sruggs says “The Park Manager is very important.” And he is so right. Remember they know what is happening in the park, and they approve or decline who goes in.
I find that if you just talk to them and listen to their concerns and situations, you can have a real asett.
Just some opinions,