Software management seems to be a very common topic here. In the past I have started and sold 2 software companies and I am considering creating a software management system specifically for the MHP operator.
A big reason why I chose MHPs as an investment type was for the great cash on cash returns and the nature of it being passive ( a glorified parking lot with utilities- ideally). But like many of you, I have not been happy with the options that exist out there for software management. They are either outdated and clunky, too expensive, or they simply don’t have some of the basic features that we need in this space.
So here is my question to you:
If you use a property management software right now, what do you use and what do you like and not like about it? What features do you wish it had?
If you do not use a property management software yet, why? What are you looking for that you have not found yet?
I am assuming our industry does not get a lot of attention due to stigma and the size of the opportunity not being as great as other asset classes. But it sure seems to be attracting a lot of smart investors these days. Please do let me know your thoughts.
I am always happy to connect at Charles@CharlesFrancisProperties.com