Operating a mobile home park can be a good source of consistent income if the units are in good condition and you have responsible tenants. However, there is often a lot of difficulties involved in maintaining manufactured homes, particularly if the tenants cause...
Your small business seems to be thriving -- right up until you try to balance the books. You have several commercial accounts that are past due, and the tally owed is significant. What do you do now? Typically, you have four options for dealing with...
Mobile homeowners are free to do what they want with the interior of the dwelling. When they reside in a mobile home park, there are limits to what they’re allowed to do outside. As a park owner or management company, it is imperative that you clearly convey the...
In a mobile home park or manufactured home community, you’re going to have times when you need to make repairs. You will need to replace playground equipment, repair walks and refresh paint jobs. You want to do your best to keep the community looking its best not only...
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...
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...
Purchasing investment real estate in the Santa Ana area could mean an investment of hundreds of thousands or even millions of dollars. A large mobile home park or a multi-unit residential facility could easily carry a seven-figure price tag. That means you need to be...
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...
Working as a landlord in California can sometimes seem like a thankless job. You have a constant stream of tasks related to maintenance and upkeep to manage while handling tenant complaints and ensuring that all mortgage payments and tax payments reach the necessary...
If you are ever entering a business transaction with someone else, and it requires a contract, make sure you get that contract in writing. Do not fall prey to the lure of the handshake deal or the verbal contract. You may just be creating a lot of issues for yourself...
