I thought I heard it all!

I just received a copy of a new law passed by the city of Cincinnati that talks about chronic nuisance fines. One of the clauses deals with truant students. If a student that is the child of your tenant is not in school, you, the landlord could be fined. This ordinance is being challenged at the moment. I truly do not understand how a landlord could be responsible for a tenant’s child being in school or violating curfew. I will keep you posted on this as the case goes to court.

I heard another interesting idea last week. You can invest in ATM machines that are put in hotels, grocery stores, or retail operations. I always thought the bank owned these. Apparently not. The profit is the service fee one makes off the each transaction. The downside?  Putting cash into the machine without being robbed. The upside? Cash on the fees.  Another alternative investment for those of you looking for the unique and different.

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