Posted by Paul on August 15, 2009 at 11:42:24:
Mike,
Thanks for the reply
Mobile Home Ratio expenses to income - Posted by Paul
Posted by Paul on August 12, 2009 at 09:19:39:
Looking at a Mobile Home park
What percent of income should expenses be as a rule of thumb?
Almost half the units are owner occupied how much would that influence the above?
Thanks in advance
Re: Mobile Home Ratio expenses to income - Posted by mike Barlow
Posted by mike Barlow on August 13, 2009 at 12:25:42:
Space rent only expenses average last 12 years: around 30%
Combined space & park owned expenses: around 50%