Thank you for your input. No, I haven’t tried contacting other MHPs. That’s a great idea. Currently the park is being managed as a combination of an on-site manager together with the owners, not exactly sure who’s doing what. I prefer to rely on an outside experienced professional manager to handle all the matters.
Alex.
I’m in the process of acquiring an out-of-state MHP and need to start looking for property management companies that manage MHPs. I’ve already tried calling everybody on the list in Property Management section from Yellow Pages, but found that all of the companies listed only manage apartments. I’m trying to get help from my broker, also I thought that putting an ad in a few local newspapers might be a good idea. What else can I do? What are the sources for finding the management companies?
Thank you,
Alex.
Have you tried contacting another MHP in the area to see who they use, have used? Won’t you inherit an on-site manager? Who currently manages the park? Ask who their competitors are since you want to get a competitive bid. Try Google for MHP PM’s in the area you’re purchasing and contact them.