What Is a Good Expense Ratio for a Manufactured Housing Park? I was on a call with a manufactured housing operator last year. They managed about 4,200 lots across twenty six communities. Good team, disciplined leadership, solid occupancy. They were reviewing their...
Your Chart of Accounts Is a Strategic Document Why the way you categorize expenses determines what you can actually manage – and what stays invisible forever. The VP of Asset Management at a 6,000-lot mobile home park operator got a question from ownership on a...
How to Measure NOI in Manufactured Housing Communities A client called me a few months ago, somewhat frustrated. He wanted to talk about a portfolio of about 800 lots across three parks in the Southeast. The portfolio looked fine on paper – rents were...
