Private equity owning mobile home parks

I used to get 1 or 2 phone calls a year seeing if I was interested in selling my park. Over the past 5 I’m getting 1 or 2 calls a quarter. They would have to make an insane offer for it to be worth selling to be able to buy something else to make the same income.

The only time I raise rent is after someone moves out and the trailer gets fixed up. That may change after seeing how bad inflation effects maintenance costs.

JLC

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