Facing The MHP Bubble, Part 2
We’re back with part two of our deep dive into the “MHP bubble”. You can read Part 1 of our take, here. Read on for…
Category: Business
Are We In A Bubble? If So, When Will It Pop
This is a common question in our industry. The straight answer is yes, some of our real estate markets appear to be in a bubble.…
How To Compensate Managers After Selling A Home
Don’t know how to compensate your property managers after selling a mobile home in your park? In truth, it depends. It’s not mandatory, though it…
Demand In The MHP Industry: Supply Chain Revisited
As we covered in a previous article, the MHP supply chain has seen serious setbacks. We’re only producing a 100,000 homes per year. Demand is…
Virtual Conferencing In The MHP Industry
There’s very little about our everyday lives that’s the same following the pandemic. We’re seeing massive cultural shifts all across the board. Some companies have…
Lot-Rent Expenses: Things To Consider Part 3
We’re back with the conclusion to our three part look at Lot-Rent Expenses. Last we left off, we discussed both on and off-site management, as…
Lot-Rent Expenses Revisited: Things To Consider Part 2
In our previous article, we dived into some lot-rent expenses to keep track of. We also covered the do’s and don’ts of underwriting. Let’s pick…
Lot-Rent Expenses: Things To Consider
In the MHP industry, we don’t underwrite POH expenses. That’s because there’s no income being capitalized on from them. Lot-rent expenses are the only ones…
Bad Weather In The MHP Industry
Mother nature is unpredictable. We can have as many plans as want, but there’s always a chance that the weather could impact those plans. This…
RTO Contracts: Breaking Them Down
In some states, RTO contracts are illegal. In states where they are legal, they may go by other names. But, they’re functionality remains about the…