MHCO

Community Signs - What You Need to Know

Take a look at the signage in your community. Are there signs clearly posted to indicate that your community is private property, has a no soliciting policy, a speed limit, pets must be on a leash or that unregistered/unauthorized vehicles may be towed? These are just some examples, but they are quite common in many manufactured home communities. In order to effectively enforce a policy or rule, the signs indicating those policies or rules must be clearly visible and properly maintained. A sun-bleached sign that used to say No Soliciting or a No Parking sign obscured by a tree or bush, most likely, will not convey the important information that you want people in your community to know.

Finance: Good Times

A comment made frequently by lenders at a recent national banker's conference was, "It is a good time to be a borrower." Correction, it is a great time to be a borrower! Treasury yields have been hovering at or near all time lows, loan spreads are at favorable levels, and lender underwriting guidelines have moderated -- some believe too quickly -- as a result of an expanding supply of active lenders in the market.

Maintaining an Age-Restricted Community: A Refresher on the Housing for Older Persons Act

If you are reading this, chances are you are one of the millions of baby boomers at or near retirement. Although you might not care for the moniker, the government has officially designated you as an "older person." If you own property designated as housing for "seniors," you should periodically refresh yourself on the state of the law protecting "older persons" and to avoid the mistakes of other property owners.

Aging In Place - Challenges and Solutions

One of the simple demographic facts facing America is that America is getting older. Approximately 55 million people in the U.S. are over 55 years of age. By the year 2014, the youngest baby boomer (born January 2011, more than 10,000 baby boomers began reaching the age of 65 every single day, and this trend will continue for the next 18 years. Currently, 34 million Americans are over 65 and that will double by 2030. By the year 2020, the senior population will number 115 million people.

Aging In Place - Challenges and Solutions

One of the simple demographic facts facing America is that America is getting older. Approximately 55 million people in the U.S. are over 55 years of age. By the year 2014, the youngest baby boomer (born January 2011, more than 10,000 baby boomers began reaching the age of 65 every single day, and this trend will continue for the next 18 years. Currently, 34 million Americans are over 65 and that will double by 2030. By the year 2020, the senior population will number 115 million people.

Important Provisions To Consider In Your Rules and Regulations

Community Rules and Regulations along with your rental agreement are critical for the successful operation and management of your manufactured home community. Here are some provisions that should be part of your community rules. Remember, good rules are the first step in maintaining an orderly relationship with your residents. You must also apply and enforce the rules consistently and fairly.

Here are some suggestions:

Form 1099 and Protecting Your Investment

If you are reading this, chances are you are one of the millions of baby boomers at or near retirement. Although you might not care for the moniker, the government has officially designated you as an "older person". If you own property designated as housing for "seniors" you should periodically refresh yourself on the state of the law protecting "older persons" and to avoid the mistakes of other property owners.

Subscribe to MHCO