Reno Property Management | We have tenants for your rental unit at Clark Real Estate!
  • Browse Properties
    • Commercial Listings
  • Tenants
  • Owners
  • Agents
  • Contact
Let us Manage
​your Property

Building and Managing your real estate portfolio

How to protect yourself from Tenant Scams

12/8/2020

Comments

 
Renters beware
Caveat Emptor. That is a Latin phrase that is used in the real estate field which means "let the buyer beware." While much has been done for prospective home buyers to protect them from scams, the same cannot be said for prospective tenants. Anyone in the market for an apartment or house to rent should beware of some of the scams being promoted to separate them from their money.

Fake ads

Most of us can recognize fake ads by misspellings or abnormal use of the English language. Those that run fake ads have nothing to rent. Their goal is to obtain information that will give them access to your bank account, credit card or other assets in your name.

Demand for upfront fees

Recently a landlord was contacted by several different people claiming they had paid a deposit for a vacant unit and wanted to know when they could move in. The landlord had not had contact with any of them. The prospects had called on an ad posted at a local laundromat and had actually met someone at the apartment that claimed to be the manager. The scammer collected deposits from several prospects promising that they could move in at the beginning of the next month. Of course the scammer was long gone by then and the prospective tenants were out their deposit.

Too good to be true

If something sounds like it's too good to be true, it probably isn't true. If a rental unit is offered at below market rents or includes incentives that are excessive, most likely the offering is a scam.

No application
Any legitimate rental agency will require a completed application before agreeing to a lease. If the party claiming to be the owner or manager is more interested in getting a deposit than learning about your rental or job history, beware! It could be a scam.

The best way to avoid scams is to work with a reputable property management firm that has a real office and real property managers available to assist you in finding an apartment that fits your needs and fits your budget.
Picture
Comments
    Reno Property Management
    Clark Real Estate
    305 W. Moana Ste C
    Reno, NV 89509
    (775) 828-3355
    See our Listings

    Reno Property Management

    All
    Bad Credit
    Best Of Reno
    Clark Brothers
    Commercial Property Management
    Disabled Tenant
    DIY
    Fair Housing
    First Time Home Buyer
    Fixer Upper
    Gigafactory
    Goals
    Gratitude
    Health
    Home Owner
    Home Search
    Homestead
    Inflation
    Intrest Rates
    Landlord
    Midtown Reno
    Midtown Retail
    Moving For Business
    Moving To Reno
    Nevada
    Out Of State Property Management
    Property Management Reviews
    Real Estate
    Real Estate Investing
    Real Estate Investors
    Reno
    Reno Property Management
    Reno Residential Management
    Reno Schools
    Rent
    Rental Property
    Security Deposit
    Sell Your Home
    Storage
    Technology
    Tenant
    Tenant Appreciation
    Tesla
    Tips\
    Wealth

    RSS Feed

Clark Real Estate
305 W. Moana Ste C
Reno, NV 89509
(775) 828-3355
Office Hours:
Monday through Friday
9am to 5pm
Privacy Policy
Best Of Reno
Commercial Property Management
Midtown Reno
Midtown Retail
Property Management Reviews
Real Estate Investing
Real Estate Investors
Reno Property Management
Reno Residential Management
Reno Residential Rentals | Reno Residential Management | Reno Commercial Leasing |
Reno Association Management | Property Management Reno | Search Homes in Reno to Buy or Rent |

​Waking Girl Web Design

Photo by Battle Born Photography
Picture
Picture

Property Management Reno

  • Browse Properties
    • Commercial Listings
  • Tenants
  • Owners
  • Agents
  • Contact