Quote:
Originally Posted by JSH
Realistically what can an angry tenant do to a hedge fund owned property management company? Burn down your own trailer - OK how does that hurt the company? Sue - those companies have lawyers on staff that handle nuisance lawsuits all the time - just the cost of doing business as a slum lord and factored into the rent. Harass the local property manager - he is just a faceless low paid employee to the owners. Many aren't even paid - they just get a rent-free lot as compensation.
When the only thing you actually own is a piece of dirt that you rent to people there isn't much they can do.
Mobile home parks are pretty much tailor made to abuse the tenants. It is advertised as one of the perks of owning them.
https://www.mobilehomeuniversity.com...al-real-estate |
Yeah but, if they are mobile why wouldn't they seek the best value for their dollar?
I suspect that answer is related to they type of person that would purchase a depreciating asset (mobile home) while not purchasing the appreciating asset (land).