The Mobile Home Park Lawyer Podcast
Business:Investing
In this episode, Ferd Niemann shares his thoughts on why the concept of rent control should be removed. Ferd expands on the detrimental long-term effects of Rent Control such as low quantity and quality of housing. He also discusses the three types of Rent Control (strict price, vacancy control, and vacancy de-control) which are all real-world examples of the impacts they can have on the future market. Finally, Ferd notes that other investors may not know that they are victims of Rent Control and why Rent Control isn’t institutionalized.
Highlights of the episode:
00:32 - Introduction
03:25 - Why Rent Control Is Bad In The Long Term
06:08 - Types of Rent Control
12:00 - Long Term Impact of Rent Control
13:48 - Why Rent control isn’t institutionalized
19:35 - Conclusion
Notable Quotes
“Capital goes where it is welcome, and it stays where it’s appreciated.” - Ferd Niemann
“If my expenses keep going up and my revenue is fixed; I’m going to choose not going to do some of the discretionary stuff.” - Ferd Niemann
“In the development game, I'm not going to add more risk in capital if you’re not going to increase my upside.” - Ferd Niemann
Connecting with MHP Law:
Website: https://themobilehomelawyer.com/
Facebook: https://www.facebook.com/The-Mobile-Home-Park-Lawyer-103814958118069
LinkedIn: https://www.linkedin.com/in/themhplawyer-ferdniemann6923147/
Instagram: https://www.instagram.com/themhplawyer
#RentControl
#RentRegulation
#AffordableHousing
EP 128 | Is The MHP Star Rating Relevant with Ferd Niemann
EP 127 | 25 Factors of a Bad Investment
EP 126 | Interview With MHP Owner Ryan Smith Evaluating Risk, Reward, and Opportunities
EP 125 | Mobile Home Park Owner From $5K to $300MM Portfolio
EP 124 | Forty Things To Look For When Doing A Site Visit
EP 123 | Twenty Plus Post Closing Tasks
EP 122 | Running a Fund Comprised of Small MHPs
EP 121 | Panel discussion on Growing Pains
EP 120 | Panel Discussion on Raising Funds
EP 119 | Running a POH Business with Chris Murray
EP 118 | Interview With Nick Najjar Lessons Learned In A Competitive Market
EP 117 | What To Do When A Seller Defaults
EP 116 | How To Drop A Deal Wisely
EP 115 | Why Grandfathered Rights Might Be Superior To Legal Conforming Zoning
EP 114 | Interview With MHP And RV Owner Heather Blankenship
EP 113 | Interview With MHP Owners Dylan Stewart and Alex Donnolo How To Enter and Scale MHP‘s
EP 112 | Interview With Jonathan Gilmore How To Combine 1031 Exchange and Syndications
EP. 111 | Interview With Kristin Dreasler How To Navigate Mobile Home Title Issues
EP. 110 | Interview With Frank Bowman Navigating State and Local Regulations in Illinois and Elsewhere
EP. 109 | Interview with Gene Norman - Weather Alerts and Why You Should Attend MHP Conference
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