What is the biggest issue you face as an owner or owner manager in your park?


#1

I’m curious as 2018 is wrapping up, what the community has been facing as the largest issue.
Is it finding good management, drug issues in the parks, not being quite sure how to turn around a park?
Please leave a comment, would be interested to see where the market is at across the USA for this right now.
I went to a meeting in November and met with owners from around the world and different countries are having different issues. So I am curious. I look forward to your comments.


#2

Mine is a well established primarily seniors community with high standards. Biggest issue is always training new residents to conform to the lease and consistently maintain their property to the standards of the community. Most new residents have sold conventional personal homes and have moved to a community where they are no longer in complete control of the exterior of their home and the lot. This is a big change for many to be told how they must maintain their property.
I always choose my new applicants with the community and all other residents as a priority. For this reason most new residents adapt quickly but there are still a few over the years that do not adjust and need to be persuaded to leave or be evicted.
For most it is very similar to moving into a condo with a HOA . Some adjustment and minor push back is to be expected initially.