Christian Osgood defends his cheap renovation methods against slumlord accusations, arguing that finding the lowest-cost ways to build attractive spaces lets him keep rents affordable. He shows a before-and-after of a building he bought in terrible condition and fixed up, claiming his approach benefits tenants instead of exploiting them.
Chapters
Alright, we got another clown called me a slumlord because I talked about doing inexpensive fixes. Now, inexpensive fixes, we've actually spent years and years trying to figure out what is the lowest cost where we can make amazing looking spaces so that people love where they live, but we can charge less in rent. Now, if you hate affordable rent and you want people to be homeless, this might make sense, but I hate it when people bother me online saying like, hey dude, I think you're a slumlord, you're just really cheap. Uh, no, we do a lot so we can pass savings on to our tenants. Check this out. This was the building that I purchased. This is a slum. This is what it looks like now. This is what it takes with inexpensive flooring, inexpensive paint, a great crew. Look at the difference. This is affordable housing, guys.