We want to bring an important issue to your attention. Over the past several months, rental-related scams have increased significantly more than we have ever experienced before.
These scams are becoming increasingly sophisticated. We are encountering applicants who are presenting:
- Fraudulent wire confirmations
- Fake pay stubs
- Manipulated financial documentation
In some cases, scammers may even temporarily inflate or misrepresent credit profiles, making them appear more qualified than they truly are.
RECOMMENDED BEST PRACTICES
To protect your property and your investment, we strongly recommend the following safeguards:
- Meet Prospective Tenants in Person
Whenever possible, ensure you have direct contact with applicants. - Property Tours Are Mandatory
Applicants must physically tour the property—no exceptions. - Verify Funds Clearance
All funds must fully clear your bank account (not just show as “pending”) before keys, access codes, or possession are provided.
These steps are critical in reducing exposure to fraud, financial loss, and potential legal complications.