Mobile Home Community Property Management
Your investment should not have to be your part-time job. Put us to work for you.
Mobile Home Community Property Management Division
Why choose MFI?
The primary reason you should utilize our team to manage your mobile home community is our proven experience. We don’t just do cash management, we take on the responsibilities of running the community to obtain a very specific outcome; “A Turn Key Operation”. “Turn Key” is the holy grail of investments when buyers are on the lookout for properties to acquire. Not only does this increase your valuation, it decreases stress factors associated with ongoing management that you have likely grown accustom to and gray over.
The second reason is equally important… our compensation structure is directly tied to performance. Our fee structure is based on a percentage of profits so we are systemically incentivized to increase the overall cash performance of your community. It just makes sense.
Property Management Service
Overview
Our full-service property management Division manages mobile home parks and apartment buildings throughout the Midwest. Whether you have one property or a portfolio our team coupled with our scalable management systems can successfully handle the job.
Our core values of integrity, honesty, and hard work are reflected in the level of service, response time, and open communication we offer our clients. Count on consistent communication, accurate financials, and unparalleled service.
It’s time to breathe a sigh of relief, our licensed professional managers, accountants, and support staff will provide the missing pieces you’ve been looking for.
We maximize the full potential of your property by keeping your collections up-to-date, minimize expenses, filling homes with high-quality tenants, and providing managerial oversight.
Unfortunately, some property management companies just write checks to pay bills and don’t take the necessary steps to enhance the value of your property or prioritize your best interests.
We are different. We are willing to get right into the middle of the mess and clean it up.
Turn-Key Systemization
Our team builds efficient systems and leverages technology to make communities run as a turn-key operation. From streamlining rent collection to maintenance requests, we make everything easier and more organized.
We work to make your manufactured home community investment grow by offering these services.
Accounting
Multi-Family Innovations provides transparent and accurate accounting services that ensure our clients can trust the financial reporting of their property.
Rent Collections
We take over rent collections, relieving you of the stress of chasing tenants for payment and ensuring you have consistent cash flow.
Tenant Relations
Our team manages all tenant interactions, enforces rules, serves eviction notices, and takes care of resident relations, ensuring that property owners remain free from worry.
Supervise Management & Maintenance
We oversee onsite maintenance and management teams to make sure duties are being completed according to their contractual agreements. This is critical for keeping properties in excellent condition.
Increase Occupancy & Revitalize Community
We increase cash flow for property owners by optimizing occupancy, addressing vacant or derelict properties, and beautifying the community.
Deep Dive. Full Listed Services.
Financial
Our mobile home community property management services include the responsibility for all accounting, rent collections, tenant relations, and supervision of all on-site managerial maintenance and activities.
Our trained professional accountants will oversee the following tasks for your mobile home community:
• Accounts Payable
• Accounts Receivable
• General Ledger
• Disbursement Journals
• Monthly Income and Expense Statements
• Monthly Balance Sheet
• Monthly Bank Reconciliation
• Payroll checks and reports
• Budget Preparation and tracking
• Monthly Audit of Receipts
• Revenue Enhancement
Staffing Oversight
Our property management services include a visitation by someone from our office on a monthly basis (or more frequently as necessary) for the purpose of overseeing the on-site management, to conduct routine physical inspection of the premises for on-going maintenance and evaluation.
We free you from any worry about on-site management of your mobile home community by handling all of these managerial duties:
• Recruitment
• Screening
• Staffing
• Training
• Employee development and evaluation
• Routine on-site inspection
• Project Supervision
Tenant Management
Multi-Family Innovations helps property owners maintain smooth operations of their mobile home community by keeping the proper balance between tenant and management relations. We assume responsibility for all tenant interaction in conjunction with the on-site manager. We work with the on-site manager to enforce community rules and serve eviction notices and warnings, including 3/60 day notices, 14-day notices, and 7-day notices.
Our resident relations services include the following managerial duties:
• Screen all new applicants
• Send out monthly statements to tenants
• Stay on top of collections
• Enforce rules and regulations
• Serve legal notices
• Initiate and supervise evictions from start to finish
Community Improvements
Our property management services include a visitation by someone from our office on a monthly
basis (or more frequently as necessary) for the purpose of overseeing the on-site management,
to conduct routine physical inspection of the premises for on-going maintenance and evaluation.
We free you from any worry about on-site management of your mobile home community byhandling all of these managerial duties:
• Contract bidding and evaluation
• Scheduling of contracted repairs and improvements
• Complete supervision of work in progress
• Final Inspection
Stop Losses. Regain Control.
Our property management service is the perfect solution for communities that are struggling to control expenses, increase revenue, and address high vacancy rates. With our expert management and maintenance teams, we can turn your property into a highly efficient, profitable, and well-maintained operation. We employ advanced systems and technology to optimize operations, maximize occupancy rates, and increase cash flow. Our detailed financial reporting allows for greater transparency and accountability, while our tenant screening and relations services ensure that only the most qualified residents are approved.
We have the experience and expertise necessary to tackle any issue head-on, from maintenance and repairs to collections and evictions. We’ll provide the expertise and support you need to navigate the complexities of property management and ensure that your property operates as a turnkey operation. So if you’re ready to stop losing time and money and start seeing results, choose us and let us help you transform your community into a highly profitable investment.
