Ep #27: What to Do When Purchasing a Park that Has an Inferior On-Site Management and Maintenance Team in Place
The Mobile Home Park Investing Podcast - Real Estate Investing Niche · Kevin Bupp
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Show Notes
Welcome to the Mobile Home Park Academy podcast. In this episode, Charles and I will be speaking about our recent experience in a park we own in Raeford, NC. We recently acquired this park and quickly realized that both the on-site management and maintenance staff needed to be replaced ASAP! We discuss how we quickly identified the challenges associated with their poor performance and how we handled the transition with a completely new management team. This is a common scenario you will experience when purchasing turnaround or distressed mobile home parks and so we thought you might learn from our personal experience.
Recommended Resources:
- Click Here to Grab a free copy of my latest book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them