As a busy manufactured home park owner, you don’t want to run in to trouble with your tenants. Your goal is to make your lot rates fair and the requirements in the park reasonable. You’ve seen more people turning to parks like yours over the last few years, and you...
Firm News
You can buy the competition
Business owners often think that their aim is to be better than the competition. They want to get more customers and take over the market. And that’s fine, but it’s certainly not the only option. You can also buy out the competition. This isn’t a blanket statement,...
Due diligence for buyers in mergers and acquisitions
“The time to buy is when there’s blood in the streets.” The quote attributed to Baron Rothschild is especially relevant now. With many companies struggling, mergers and acquisitions can strengthen your position if you are in a place to do so. Due diligence is the...
Tips for selling your company
You have run your company, a mobile home park, for years. You enjoyed it and the business has done well. You even expanded at one point, buying a nearby lot. Now, however, it is time for you to retire. You don’t have any children who want to take on the business, so...
Know your responsibilities as a mobile home park owner
Mobile home park owners have specific duties that are noted in the California Mobilehome Residency Law (MRL). This law also contains a host of responsibilities for the owners of each individual mobile home. It’s imperative to understand the law so that you or the park...
What to do when your tenants can’t pay rent
Rent in some areas of southern California are among the highest in the nation, so tenants and landlords alike pay close attention to what’s going on when the economy suddenly hits a rough spot. It’s difficult to predict how widespread trouble paying the rent will be...
Tips for successful ownership of a California mobile home park
Purchasing a mobile home park in the Southern California real estate market can turn into a great investment. But as with all businesses, it needs to be properly run to draw tenants and be a success. That’s especially true in California, where mobile home parks are...
Make your community feel like home for people with disabilities
At your facility, you are eager to welcome people of all kinds to your community. One thing you’re particularly interested in doing is setting up your company to work well for people with disabilities, because far too mobile home and manufactured home communities...
The pros and cons of a sole proprietorship: What to know
A person who starts a business has to make a decision about what type of business structure they’re going to use. The possibilities depend on a variety of factors. A sole proprietorship is one of these; however, this option comes with some very serious risks that must...
Why file a Preliminary 20-Day Notice for all construction jobs?
As a contractor, subcontractor or even the company that provides the materials for construction projects, you rely quite a bit on word-of-mouth and recommendation from your clients in order to build your business and secure a constant stream of projects. It is normal...