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. 88 | Lender Mini-Series With Brad Rymer - Navigating the Approval Process
Ep. 87 | Lender Mini-Series With Nathan Frese - Getting a Yes From A Community Bank
Ep. 86 | Interview With MHP Owner Jeff Cook - Navigating Rent Control and Regulation
Ep. 85 | Why and How to Get A Mobile Home Dealer License
Ep. 84 | Interview With Ryan Narus - Helping Others While Helping Grow Your Business
Ep. 83 | Interview with Saad Shah - Improving Business Processes Through Data Analytics
Ep. 82 | Interview With MHP Owner Kevin Bupp - Navigating MHP Operations In Today's Market
Ep. 81 | Interview MHP Owner Apurva Shah - Becoming an MHP Owner While Working a W-2
Ep. 80 | Interview MHP Owner Operator Steve Sacher - Leadership Within An Organization
Ep. 79 | Five Key Risks Associated With Private Electric Systems
Ep. 78 | Interview With Owner Abraham Anderson - How To Enter The MHP Industry
Ep. 77 | Five Keys Items To Consider When Looking At Water and Sewer Systems
Ep. 76 | Interview With MHP Appraiser Erik Hanson - How to Maximize Value For Your Sale
Ep. 75 | Interview with MHP Owner Charlie Ansanelli - Using Tech To Scale
Ep. 74 | Interview With Ken Corbin - Expert Sales Tips To Sell More Homes Faster
Ep. 73 | Mini Series On Zoning Options To Utilize Your Property - Legislative v Administrative Review
Ep. 72 | Interview with MHP Owner Harsha Moole - From Physician to MHP Owner and Syndicator
Ep. 71 | Mini-Series On Zoning Options To Utilize Your Property - Conditional Use Permits
Ep. 70 | Interview with Rod Santomassimo - Expert Business and Sales Strategies to Transform Your MHP Business
Ep. 69 | Mini-Series On Zoning Options To Utilize Your Property - Variance
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