Commission Approves Senior Mobile Home Park Rent Increase After Debate

Sometimes rent increases can be tricky, but often necessary. In the following story, the rent increases were necessary at this senior designated mobile home park, but the residents fought the increase and demanded rent control. The ultimate decision came down to a rent review commission. As investors/owners/operators we've all seen what happens when rents are not increased over time. We've seen what happens to the community and what happens to the investment. It becomes unsustainable and expenses start to overcome the income, which leads to major problems. Communities can not run on empty. The following was originally published at YUCAIPA >> Rent will be going up for residents of

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