Top Risks: Private vs. Public Utilities in Mobile Home Park Investing

Learn How to Invest in Mobile home Parks: https://keelteam.com/mobile-home-park... Episode summary In this episode, Andrew dives into a crucial aspect of mobile home park investing: utility infrastructures. Utilities are a key factor that can make or break a mobile home park investment. Whether you’re a new or experienced mobile home park investor, understanding the risks tied to both private and public utility systems is essential for safeguarding your investment. As part of Andrew’s ongoing series on some of the top risks in mobile home park investing, today’s discussion highlights the differences between private and public utility systems. Private utility systems include things such as well water treatment and septic sewer systems, lagoon sewer systems and wastewater treatment plants. Public water and sewer is always the most preferred setup when buying a mobile home park and Andrew discusses why… You’ll learn practical tips on how to evaluate these utility systems during the due diligence process to avoid costly mistakes and maximize your returns. Key Points Covered in This Episode: Utility Due Diligence in Mobile Home Park Investing: What you need to know when evaluating utility systems during your investment process. Private Utilities in Mobile Home Parks: A closer look at well systems and sewer infrastructure, and how they can impact your mobile home park's operation. Why lagoon systems and wastewater treatment plants are potential red flags you should avoid. Public Utilities in Mobile Home Parks: Why are they preferred? Lift Stations inside of a Mobile Home Park: Understanding the role of lift stations and why they’re critical in both private and public utility setups. MHU (Mobile Home University) Reference Library: Discover how to leverage Mobile Home University’s due diligence checklist for utilities to ensure a thorough evaluation. Orangeburg Sewer Lines: Learn about the impact of aging Orangeburg sewer lines on utility decisions and how they can affect older mobile home parks. By the end of this episode, you'll have a better understanding of the challenges and risks associated with mobile home park utility infrastructure and how to potentially navigate them to make more informed, risk-conscious mobile home park investment decisions. Don’t miss out on this essential information for protecting and growing your mobile home park investments! Be sure to subscribe, rate, and leave a review for The Passive Mobile Home Park Investing Podcast to stay updated with more expert insights. **Andrew Keel and Keel Team Real Estate Investments (Keel Team, LLC) do not endorse any interviewee. This interview is for informational purposes only and should not be depended upon for investment purposes. ** Book a 1 on 1 consultation with Andrew Keel to discuss: A mobile home park deal review (get live feedback on your own MHP deal!) Mobile home park due diligence questions How to raise capital from investors for mobile home parks Mistakes to avoid in mobile home park investing, and more! Click Here to book the 1 on 1 consultation: https://intro.co/AndrewKeel Talking Points: 00:21 - Welcome to the Passive Mobile Home Park Investing Podcast 00:53 - Key Considerations for Utility Due Diligence in Mobile Home Park Investing 03:00 - Deep Dive into Mobile Home Park Private Utilities: Well Systems and Sewer Infrastructure 03:54 - Mitigating Risks with trailer park Utilities: Why You Should Steer Clear of Lagoon Systems and Wastewater Treatment Plants in Mobile Home Park Investing 08:21 - Understanding the Importance of Lift Stations in Both Private and Public Mobile Home Park Utility Setups  12:15 - Utilizing the MHU (Mobile Home University) Reference Library: Your Essential Due Diligence Checklist for Utilities 14:42 - The Impact of Orangeburg Sewer Lines on Utility Decisions in Mobile Home Parks 16:11 - Recap: Key Takeaways on Private vs. Public Utilities in Mobile Home Park Investing 21:03 - Conclusion 👇 SUBSCRIBE TO THE PASSIVE MOBILE HOME PARK INVESTING PODCAST YOUTUBE CHANNE👇    / @passivemobilehomeparkinvesting   Links & Mentions from This Episode: Keel Team’s official website: https://www.keelteam.com/  Andrew Keel’s official website: https://www.andrewkeel.com/   Andrew Keel LinkedIn:   / andrewkeel    Andrew Keel Facebook page:   / passivemhpinvestingpodcast   Andrew Keel Instagram page:   / passivemhpinvesting   Twitter: @MHPinvestors MHU (Mobile Home University): https://www.mobilehomeuniversity.com/