Possible Illegal immigrants

[Louvie]

Hi all,

I am looking at a high density predominantly Hispanic park in a good size metro area.

Occupancy is pretty good and most of the trailers are the older smaller homes.

The current owner just did a little house cleaning for non payers but my main concern is with possibly aquring a park with a percentage of tenants without papers especially given the current political climate.

Any other folks that have experience in these types of parks?

Ken
Coppersideinvestmentsllc@gmail.com

[NCMHInvestor]

I wouldn’t worry with it if your tenants are otherwise law abiding.

[Greg]

Are you held responsible in any way if they are caught. If not all you need to worry about is the vacancies when they crack down.
Is that a problem.

[Pamela]

I had 44 units with a number of hispanic tenants who were all good payers but one night one apartment was raided and the tenants taken. With in a couple days 4 more units emptied without a word (in the night). That was pretty painful to have so many leave all at once. My advice is keep the ones you have now but do not add anymore. A few are fine but they can disappear quick. When you fill a vacancy make sure they are legal.