ash_274 t1_ir1o7wt wrote on October 4, 2022 at 6:06 PM

Reply to comment by wag3slav3 in Flipping tax proposal 'really scary,' says B.C. MLA who bought and sold 3 homes in 4 years by RidePlanet

It would be an investment vehicle if I bought it to rent out. I bought it for my wife and me. I kept it for my daughter to live in some day. My tenant, who had shot credit from a divorce and was self-employed needed a place to live. Should he have to go to government housing? Would they have let his rent slide to over $18k behind when Covid hit and he lost his clients and couldn’t pay for months? I carried him and accepted the 20% cut from the eventual reimbursement

But yeah, I’m the bad guy

booch t1_ir9pcbk wrote on October 6, 2022 at 11:44 AM

I have had several landlords over the years and the majority of them have been absolutely wonderful. I am grateful to them for taking on the risk, responsibility, and commitment that was not appropriate for me at the time. I know reddit hates landlords, but they serve a valuable role imo.