Posted by David S on May 10, 1999 at 20:42:42:
As you know, I always 3rd party everything. “I work with a finance source that has a customer interested in living in your community”, etc, etc.
The finance source also guarantees the site rent to be paid by the 5th. By doing so, I always collect the site rent from the tenant/buyer. I also pick up a few extra dollars by negotiating a discount with the park manager, adding 15% to the tenants agreement, or both.
In addition, the park manager will NOT loose control of the deal, he/she just has someone else (me) to handle any problems. My contract with the tenant/buyer also states that they MUST abide by ALL PARK RULES or the agreement is terminated. I enjoy discussing this with the tenant/buyer as the 3rd party. After all, I just work for the finance company. “When you decide to break just one of the park rules, they require me to start eviction from the park the next day.”