• Bleeping Lobster@lemmy.world
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    10 months ago

    I get what you’re saying, but he hasn’t invested jack. He inherited a portfolio of local properties when his dad passed away a few years back, all mortgage-free (I know other members of his family so have more info about him than he realises).

    When his dad died, his cousin warned me: “His son is taking over the properties, he is a bastard, be prepared for your rent to go up”. Within weeks of gaining control he put my rent up. I dunno, maybe he immediately remortgaged all the properties to buy more. I hope he goes bust.