Rent control passes in Saint Paul, what moves to make now?

[Vince Coffeen]

Rent control for Saint Paul passed with a 3% cap on annual rent increases and no mechanism for adjustments based on improvements or resetting to market rates between tenants.

What are some thoughts on how to make the most of this situation if you have properties in Saint Paul?

[Seth Borman]

Flip your houses for owner occupants. Or get them vacant now and wait for rents to go up before you register with the city housing office.

If they haven't figured out that they need to register housing units and inspect them regularly, they will.