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. 28 | How To Keep Someone From Cutting You Out of Your Deal or Fee
Ep. 27 | How To Keep From Getting Sued When Sharing Information (Non Disclosure Agreement)
Ep. 26 | First Time MHP Buyers Mini-Series: Interview with Michael Stilfield - From Manager to Owner
Ep. 25 | Episode 25 How Can I Sell and Divest of My Homes And Not Go To Jail
Ep. 24 | Dodd-Frank and SAFE Act, Am I Breaking the Law?
Ep. 23 | What Kind of Vehicle Should I Drive As a MHP Owner
Ep. 22 | How To Pay Zero Income Taxes (Legally) While Making 6-7 Figures
Ep. 21 | 17 Amenities to Help Your MHP Attract Residents
Ep. 20 | Broker Mini-Series: Interview with Kolman Bubis
Ep. 19 | Ways to Make More Money With Your Mobile Home Park
Ep. 18 | Broker Mini-Series: Interview with Kris Wessel
Ep. 17 | Title Commitment and Surveys 101 - Part 2 of 2
Ep. 16 | Broker Mini-Series: Interview with Glenn Esterson
Ep. 15 | Title Commitment and Surveys 101 - Part 1 of 2
Ep. 14 | Broker Mini-Series: Interview with Jared Bosch
Ep. 13 | Broker Mini-Series: Interview with Jon Fisher
Ep. 12 | Frank Rolfe - Insights From a Top 5 MHP Owner
Ep. 11 | Ferd Niemann III - How Father and Son Got Started
Ep. 10 | Property Tax Appeals
Ep. 9 | Underwriting Property Taxes
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