However, instead of contemplating on finding another job with greener pastures or a job that will give you happiness and joy, here are a few tips to help you stay happy and engaged at work with just a little effort and creativity.
How to Stay Happy at Work
How to Market Vacancies for Your Mobile Home Park
Vacancies will destroy the cash flow from your mobile home park. This is why it is so important to fill vacancies as soon as possible without letting time lapse. Of course, having an effective marketing strategy in place is crucial to these efforts.
Why Submetering Utilities is Important for Your Mobile Home Park
Most utility providers will bill mobile home parks based on the reading from the parks master meter. This means that the cost of utilities cannot be isolated to specific units and, therefore, is rolled into the monthly rental rate. However, this leaves little incentive for residents to use their water, gas or electricity efficiently, or to report leaks on the premises.
How to Get the Right Residents for Your Mobile Home Park
Everybody wants to increase the value of their mobile home park investment, but where do you start? The obvious answer is to attract higher quality residents. However, doing so is easier said than done. The right residents aren’t going to just come to you, you need to find them and keep them interested. But how?
How You Can Improve Cash Flow for Your Mobile Home Park
The mobile home park is one of the most efficient and profitable property investments you can make, but you have to do it right. If you aren’t seeing the kind of return that you want to see, you might need to make a few adjustments to improve cashflow for your mobile home park investment.
What are the Costs of Maintaining Your Mobile Home Park?
One of the reasons mobile home parks make attractive investments is because the maintenance costs are relatively low. Unlike with apartments or rental homes, you are buying the land, rather than the structure itself. This means costs such as painting and structural repairs are not your responsibility. However, you will be responsible for maintaining the land and supplying the park with utilities.
What Makes a Mobile Home Park a Solid Investment?
One of the more obscure niches in real estate investing is the buying of mobile home parks. Although this is often overlooked as unglamorous, it is actually one of the more stable and sure-fire ways to turn a profit. Here are a few reasons why you might consider investing in mobile home parks.