4.8 • 692 Ratings
🗓️ 27 November 2019
⏱️ 18 minutes
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0:00.0 | Welcome to the Real Estate Strategies Podcast. I'm Ken McRoy and I'm here to give you creative ideas on how you can get started or continue your journey in real estate. |
0:10.7 | Enjoy the episode. |
0:14.0 | So welcome to my show at Kenmacore.com. These are real estate investing questions that we get from our subscribers on YouTube and Facebook and Instagram and LinkedIn and all the other social media platforms. |
0:26.2 | So thank you guys. |
0:27.6 | These are great questions. |
0:28.9 | I try to answer them. |
0:30.5 | A lot of them are super timely. |
0:32.3 | And by the way, these are very, very educated, great questions. |
0:36.6 | So I got a great question on what are your thoughts on rent control and should investors |
0:43.7 | be worried? |
0:45.7 | The answer is yes. |
0:47.9 | But there's a couple things that I want you understand about rent control. |
0:54.8 | You know, just take a look at is rent control, Google, has rent control been successful in New York |
1:02.2 | of California? |
1:03.3 | And I think the overwhelming majority is no. |
1:06.9 | You know, you look at rent control apartments and they're um being passed down from generation |
1:13.7 | generation and um and so the purpose of rent control i i think um it's interesting because we |
1:23.4 | definitely need assistance there are definitely people that need assistance, |
1:29.3 | and there's affordability issues all over the place, |
1:32.8 | but I personally don't think rent control is a good idea. |
1:39.4 | So Oregon just passed a rent control law recent. So I'm going to ask a question back. If you're |
1:49.8 | going to invest in Oregon, would that be a deal breaker? The answer is yes. So I had a meeting last week uh with the head of real estate from |
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