Christian Osgood bought a trashed hotel full of dog feces and blood to turn it into transitional housing for homeless people and those leaving jail. He charges rent to keep it running, and pushes back on the idea that landlords just take money for existing: someone has to own and maintain the building.
Chapters
Okay, look at this right here. Read this. People actually believe this. So the property's been vacant, the landlord— just, just for existing, the landlord's taking money from you. I borrowed a bunch of money to buy a messed up hotel building. We're talking like dog poop under the beds, blood on the mattresses, gross building. So of course it's been vacant for a little bit while renovating. The goal of the building is to work with Section 8 and other housing programs for transitional housing. People who need help, families who need help, for in some cases people are fresh out of jail and they're trying to figure out and get their bearings. But transitional housing to to move people from homelessness into a home. That is the purpose of the project. That is how I make money. Now, we do have to run it profitably because we have to fix up these spaces. Do I make money from you existing? Does your grocery store make money when you need food? Heck yes, it does. There are things that you need to survive, and if you're not going to provide them for yourself, you can rent them from someone else or borrow them from someone else. I provide transitional housing. We're helping people. This is the dumbest comment I've read.