Now is the time of year when we all pause and feel thankful for everything we have, especially our family and friends.
It takes a lot of effort, leadership, group support, time, and expectations for MH resident groups to buy their park. There is usually a lot of stress leading up to the closing of the purchase.
And then, all at once, they close the deal and that stress is released. It’s over! We’ve done it!
Resident mobilehome park purchases require many elements – money, a willing seller, etc.
But one of the most important (although not often recognized) is good resident leadership.
The fears of Buena Vista Mobile Home Park residents, who could be displaced to make room for luxury apartments, aren’t theirs alone. In many parks, residents, who often own their homes but not the land under them, are treated as second-class citizens.
There are many factors critical to a successful resident park purchase, but one of the first and most important factors is RESIDENT GROUP LEADERSHIP.
Yes, I know. It has been a while since my last Blog. In my defense, I have been really (really) busy. The nature of Resident Park Purchase deals is that, when they come along (which is seldom) one really needs to respond and try to determine if there really is a possible deal and if … Read more
Deane – This is an article about the “Code of The West”. And I really believe in this stuff. But as I considered my writing, I realized I could do no better than the actual author, so I am reproducing most of the article below. The actual author is Holly Finn and the article was … Read more
Residents might think that the sky is falling and a new owner will result in higher site rents and negative management consequences.