Renting Dirt to Owner-Occupants

Today’s title sounds like an oxymoron but it couldn’t be closer to the truth. What I am discussing today is mobile home parks. Managed properly these are a fantastic commercial real estate investment. Done wrong and they become a landlord’s worst nightmare.

Too Many Properties, Not Enough Time

Property management is one of the most aggravating chores a real estate investor deal with on a day to day basis. Property management takes time, but it doesn’t have to be yours. You will want to hire a team of helpers such as contractors and repair people and put together your own property management team if you start to acquire multiple properties.

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