Real Estate

Are You Being Scammed? 9 Tips for Property Managers to Avoid Grifters

This previous week, I binged “Inventing Anna,” about Anna Delvey (actually Sorokin), who was despatched to Rikers for pretending(?) to be a German heiress and bilking a bunch of NYC accommodations and varied rich and glamorous folks out of tons of cash. I additionally watched “The Tinder Swindler,” about an Israeli fraudster who posed because the son of a billionaire and tricked ladies into sending him tons of cash. And I’m tremendous excited for the brand new present “The Dropout,” starring Amanda Seyfried enjoying Theranos founder Elizabeth Holmes (whom I do know little or no about, however I wouldn’t be shocked if she grifted folks out of tons of cash). 

Scammers are so having a second proper now.

If scammers had the decency to decorate like this to start with it might save us all quite a lot of heartache! Picture credit score:

Nevertheless it’s one factor to be entertained by these scamps in exhibits (as a result of, in any case, there is no such thing as a means we’d fall for them in actual life) and truly being focused by a scammer in actual life (as a result of it sadly occurs on a regular basis).

After all, we wish to imagine our residents and potential renters are all sincere. And most of them are! Nevertheless it’s necessary to guard your self simply in case. Listed here are some solutions to maintain you and your condominium neighborhood from being scammed.

  • Run a credit score examine earlier than you enable anybody to signal a lease.
  • Additionally, make sure that the lease is a written lease. No oral agreements, ever!
  • Make sure that a lawyer seems to be over something signed. 
  • Additionally run a felony examine.
  • Require references—and really examine them.
  • Make sure that your wi-fi is safe and require passwords.
  • Regardless that you might need digital rental excursions, attempt to meet the precise potential resident in particular person, or after they transfer in, go in and introduce your self. It’s necessary to know who the renter truly is.
  • Watermark you property images in your web site so folks can’t steal the photographs and create their very own faux listings with them.
  • Doc the whole lot! Save electronic mail complaints from residents, and ensure there’s at all times a paper path.

What else can property managers do to guard themselves from doubtlessly being scammed? I’d love to listen to your ideas! Put up your feedback on our Fb web page or ship a tweet to @MHNOnline or @jfiur. And in the intervening time, my enemies are out to get me, so are you able to lend me, similar to $10,000? I’ll pay you again as quickly as my father places extra money in my belief. You settle for overseas wire transfers, proper? No? You might be SO BASIC!


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