Welcome to the podcast that will teach you how to successfully invest in and build steady

streams of passive income from the highly lucrative niche of mobile home park investing.

Veteran real estate investors Kevin Bupp and Charles D. Hart from Mobile Home Park Academy

will personally share with you the valuable lessons they've learned along their journey as mobile home park investors

so that you too can learn how to build massive cash flow and huge profits from this extremely lucrative niche.

So without further ado, let's welcome your hosts for today's show,

Kevin Bupp and Charles D. Hart.

Welcome guys and gals to the Global Home Park Academy's special series on the 21 biggest mistakes

new investors make when purchasing their first mobile home park and how you can avoid them.

I'm your host Kevin Bupp, along with my co-host and business partner, Charles,

tell our listeners about the big mistake we're going to be covering today.

Thanks, Kevin. Big mistake number five is buying a park on private utilities and not performing the proper due

diligence on them.

And this is important because private utilities add another wrinkle into your evaluation.

These utilities are oftentimes during the evaluation process.

The capital expense items that you need to be saving for aren't necessarily put into those numbers.

And you have to get an idea of how much these utilities can cost you if they fail.

Okay. Now, really try to explain us a little bit what the difference of public utilities

and private utilities are. And we know that there's a couple different types of private utilities

with water well, is one private utility.

And then once we get into the sewage side of things,

we've got septics, we've got sewage plants, we've got sewage plants we've got

...