EP060: Interview: Dick Ernst of MHI Discusses Lobbying The Federal Government To Finance Mobile Homes, Part 2
Mobile Home Park Investors with Jefferson Lilly & Brad Johnson
English - June 22, 2017 15:10 - 24 minutes - 23.7 MB - ★★★★★ - 163 ratingsInvesting Business Education retire biggerpockets bradjohnson cashflowinvesting jeffersonlilly mobilehomeparkinvesting passiveincome privateequityrealestate richdadpoordad valueinvesting Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Welcome to Episode 60 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. This episode is a continuation of Dick Ernst’s interview from last week. If you haven’t heard Part 1, be sure to check it out before listening to this episode! Dick continues his discussion on what it takes to help people buy mobile homes, and discusses in detail how the Dodd-Frank regulation has helped/hurt families.
Key Takeaways:
[1:30] Has the Dodd-Frank regulation helped families making 30K a year get mobile homes or has it hurt them?
[8:45] Lenders in the industry don’t want to make high-cost loans because they’ll become branded as a predatory lender.
[9:45] What’s happening with the CFPB (Consumer Financial Protection Bureau) right now?
[14:30] In an attempt to get Fannie and Freddie to be investing more into mobile home parks, who is leading the lobbying efforts in this?
[17:40] What can listeners do to help support this cause?
[22:35] Have more questions for Dick? You can give him a call!
Mentioned in This Episode:
Park Street Partners Business Resources
LinkedIn: Mobile Home Park Investors Group
Send deals to: [email protected]
Email: [email protected]
Dick’s Cell Phone: 214-335-2708
Dick’s Office Line: 972-503-3201