MHP Management Contract
Hey everyone,
I put together a draft contract for Marshland Property Partners to take over operations of the I-10 Mobile Home Park & RV Resort. The structure is a management agreement with a future purchase option tied to occupancy.
When you have a chance, please review it and let me know:
  • Any suggestions or things I may be missing
  • Your thoughts on how to present this structure to the owner
  • What the typical process is for getting a management agreement like this in place
I’d also like advice on how to position my experience going into the conversation:
  • Should I be fully transparent that this would be my first park of this size?
  • Or focus more on my business management, operations, and partnerships involved?
My main selling points are:
  • Bringing active management to a distressed park
  • Increasing occupancy and filling RV pads
  • Improving revenue and property value
  • Creating a path for the owner to exit later at a higher value
Also looking for guidance on:
  • Negotiation strategy
  • How to position my experience going into the conversation
  • What objections to expect
  • Timeline and next steps once management starts
Since this is my first time structuring something like this, any insight would help.
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3 comments
Terrell Istre
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MHP Management Contract
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