Equity lifestyle properties otherwise known as ELS are mobile home park slumlords who have purchased many older mobile home parks with deteriorating infrastructures and aging homes. They tell their shareholders they buy distressed mobile home parks and bring them back to life but what they really do is come in, raise the lot rents and cut back on office staff and maintenance. They force those that are barely making ends meet into forfeiting their homes to avoid eviction if they fall behind on their rent.
Equity lifestyle properties will take your home if you can’t afford to pay your rent anymore and they will either sell it , rent it or take it down so they can bring in another 170,000 mobile home that they will finance to you plus you still have to pay the land rent. On the backside of this is that the homes that are here now, even the well maintained homes are only selling for 30 k and I don’t care what you say but its the high lot rent and overwhelming amount of people who are selling right now to get away from these corporate pigs that is driving the stalled market and lack of sales,which in turn causes mobile home prices to decline .
We are being held hostage. The only ones that win are these corporate fat cats that have ruined every property they have purchased so SAY NO to Equity Lifestyle Properties and buy your next mobile home from somebody else.
Please visit our Facebook group We the People Getting screwed by equity lifestyle properties and follow us @ mobilehomeownersunite.org


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