The best way to avoid getting ripped off by a tenant is to do as complete a background check as possible.
Atlanta, GA (PRWEB) May 21, 2013
PropertyOwner.us.org is working to teach landlords how to avoid tenants who are really ripoff artists, the company said yesterday.
“Many people are buying property these days as an investment,” a company spokesman said. “They want to make money by turning it into a rental property – but if they get hit by a ripoff artist then they can take a big financial hit.”
Squatting is one of the most common rental ripoffs, he said.
“A new tenant will give the landlord a check as a deposit to get their keys,” he said. “By the time the check has bounced, they will have changed the locks. They know it can take the landlord several months to evict them, so now they have a free pay to crash for a while.”
Even worse are ripoff artists who strip apartments, the spokesman said.
“If someone looks at your apartment and realizes that the appliances and other things inside it are worth more than the deposit, they will rent the apartment and strip it bare,” he said. “Some will even pull out all the copper wire in the apartment and sell it to scrap dealers.”
The best way to avoid getting ripped off by a tenant is to do as complete a background check as possible, he said.
“The more you know about the person you are renting the apartment to the less likely you are to become a ripoff victim,” he said. “Knowledge is power.”
PropertyOwner.us.org allows consumers to look up the value of any home or property in North America. View public records such as code violations, home inspections, previous owners, current market value and more. Get more information about a current residence or a property you are interested in purchasing with this extensive property database. Visit PropertyOwner.us.org to chat with a live representative, call 1-866-434-4253, or email Manager(at)PropertyOwner(dot)us.org with any questions or concerns.