Mobile Homeowners Unite

When your online looking for a new or used home in a mobil home park,chances are its owned by Equity Lifestyle Slumlords Oh sorry I meant Equity Lifestyle Properties or MHvillage or MHC or well you get the jist of it.

Equity Lifestyle Properties have been buying up mobil home parks,marinas,and RV parks across the US. Every state has them and they own them in every state. So whats the big deal. Well mobil home parks fall under a different category and there are rules set forth in most states to protect mobil home owners from being bullied by big companies like Equity Lifestyle Properties . In Florida we have 723 statute that somewhat prevents big real estate moguls like MHVillage and ELS one in the same from raising the property rent to much and the law requires that they get a 3rd party market assessment company to compare the rents in like mobil home parks offering the same amenities.
So if you own all of the parks in the surrounding area your only able to compare to the rent in the parks you already own and so thats where price fixing comes in.