If they would operate with more integrity and do a little more homework, I think it would help everyone involved and make their business more effective.

This can make it difficult to find a property that meets your investment criteria, negotiate the terms of a purchase, and manage the property effectively once you have acquired it.

Tell them to go to a pay day loan office.You will likely get responses on here to the effect that if they have been good tenants why would you not but you must insist on the late payment penalties. 

That means I wouldn’t have heard the story in the first place, wouldn’t have called the old landlord, and wouldn’t be having a dilemma right now.

After I watched this video I decided to ask ChatGPT the keys to building a $100 Million multifamily real estate investing business (coincidentally I am writing a book on this topic)ChatGPT's Answer:There are several key factors that can contribute to the success of a multifamily real estate investing business:Develop a strong business plan: This should include a clear vision for the company, as well as specific goals and strategies for achieving them.Build a solid team: Surround yourself with knowledgeable and experienced professionals who can help you identify and acquire quality properties.Focus on a specific market: It can be helpful to specialize in a particular type of property or geographic location, as this can allow you to build expertise and become a go-to source for investors in that area.Invest in high-quality properties: Look for properties with strong potential for appreciation and cash flow, and be willing to put in the time and effort to make necessary improvements and updates.Utilize effective marketing and networking: Network with other professionals in the industry and use marketing strategies such as social media and targeted advertising to attract potential investors and buyers.Manage properties effectively: Proper property management is crucial for maximizing the value of your investment and ensuring the success of your business.Continuously look for opportunities to grow: Stay up-to-date on market trends and actively seek out new investment opportunities to continually grow and expand your business.This is a pretty good answer, and frankly it's amazing when you step back and consider that this service is brand new and 100% free.AI is going to change real estate investing, along with every other industry.

They effectively "borrow" the appliances from us.In lease breaking - we allow it IF they pay for the time of the turnover until the new tenant has moved in. 

If it's not cost-effective to retrofit as the water company requires, I could keep the existing configuration and utilize a "deduct meter" for each unit (installed in the common area), whereby I would take a picture of the meter reading every three months and bill each tenant.  

I bought my first couple of personal residences by negotiating a price, and then submitting a written offer that increased that amount by the amount of the projected closing costs.The advantage, assuming the house appraises for the higher price, is that it is no skin off the seller's nose, and it allows you to effectively roll the closing costs into your mortgage.The disadvantage is a lot of lenders are wise to this, and limit the amount of "Seller Concessions."  

When I hauled away all the junk in the basement, painted its walls, and had the floor professionally scrubbed, lo and behold, the effective doubling of the house's useable square footage and the potential to create additional living space down there (maybe even a separate living area) became a nice selling feature to prospective buyers.

(B) If the landlord makes an entry in violation of division (A)(8) of this section, makes a lawful entry in an unreasonable manner, or makes repeated demands for entry otherwise lawful that have the effect of harassing the tenant, the tenant may recover actual damages resulting from the entry or demands, obtain injunctive relief to prevent the recurrence of the conduct, and obtain a judgment for reasonable attorney's fees, or may terminate the rental agreement.