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	<title>ACT Investments &#187; Renting Tips</title>
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	<description>Christine Tran, CA Licensed Broker #01376121</description>
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		<title>Rental Scams</title>
		<link>http://ourinvestmentgroup.com/rental-scams</link>
		<comments>http://ourinvestmentgroup.com/rental-scams#comments</comments>
		<pubDate>Thu, 15 Oct 2009 03:47:54 +0000</pubDate>
		<dc:creator>Christine</dc:creator>
				<category><![CDATA[Renting Tips]]></category>
		<category><![CDATA[rental scams]]></category>

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		<description><![CDATA[The volatile housing market brings out scammers like cockroaches in an unclean kitchen. Being a real estate investor, I have seen many unclean kitchens. The good news about unclean kitchens is that the mess is obvious. Rental scams, on the other hand, appear neat but can make a mess of your rental property business if [...]]]></description>
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<p>The volatile housing market brings out scammers like cockroaches in an unclean kitchen. Being a real estate investor, I have seen many unclean kitchens. The good news about unclean kitchens is that the mess is obvious. Rental scams, on the other hand, appear neat but can make a mess of your rental property business if you fall for them. Here is what to look for so that you can screen out rental scams.</p>
<p>One of my favorite places to post for rent ads is Craigslist. It&#8217;s a great free website where landlords and renters can meetup and potentially do business. Because of its popularity, Craigslist is also a magnet for internet scammers.</p>
<p>Rental scammers use two elements in their effort to unguard an unsuspecting landlord. The first element that they use to try an instill trust is what I call the <em>church technique</em>. They pretend to be a pastor or a reverend or a missionary or someone that is associated with a church. In most people&#8217;s mind, church equals good &#8211; as in a good psychological technique. See the email that I received below for an example:</p>
<hr />
From: matt jim <j.james9882@gmail.com><br />
To: maricela@leedspm.com<br />
Sent: Tuesday, October 13, 2009 5:59:15 AM<br />
Subject: NEEDED AS SOON AS POSSIBLE</p>
<p>&#8211;<br />
Hello,</p>
<p>I saw your apartment advertised on craigslist.com and am interested in<br />
renting it. I will be signing a one year lease for it and want to know<br />
the requirements for renting it. i.e</p>
<p>Monthly Fees:<br />
Security Deposit:<br />
Electricity/Utility Bills:</p>
<p>I will be doing a one year program on church service while in the<br />
states and.I will appreciate it if i hear from you in time as i will<br />
want to conclude the rental process before the end of Oct.</p>
<p>Thank you.</p>
<hr />
<p>The second element scammers use is greed. They know that most landlords require security deposits so they offer to send a check that is larger than the required deposit. They then ask the landlord to give the difference to their associate who they claim is an interior decorator or something similar.</p>
<p>We&#8217;ll go into that tomorrow in part 2 of my article on how to avoid rental scams.</p>
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