November 19, 2024

Ep. 25 – Rental Scams Uncovered: How to Protect Yourself as a Landlord or Tenant

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In this episode of The Last Honest Realtor podcast, host David Fleming tackles the alarming rise of rental scams targeting landlords and tenants alike. With scams becoming more sophisticated, David shares practical tips, real-life examples, and a step-by-step guide to help you avoid falling victim to fraudulent rental applications, fake documents, and more.

From con artists posing as tenants to fake employers and doctored credit reports, this episode is packed with insights into the latest tactics used by scammers. Whether you’re a landlord, an agent, or a renter, David offers invaluable advice to protect your interests in an ever-riskier rental market.

In This Episode:

  • How to identify red flags in rental applications
  • The dangers of fake employment letters and credit checks
  • Why scammers target tech companies and startups
  • The importance of verifying ID and rental history
  • Tools like FrontLobby, CanLII, and OpenRoom to uncover fraud


Timestamps:
00:00 – Introduction
00:05 – Why rental scams are becoming more prevalent
02:15 – Spotting fraudulent credit checks and documents
10:25 – Investigating employment letters and companies
15:50 – Cross-referencing rental history and landlord references
20:30 – Using online tools to verify tenant claims
30:45 – Real-life case study: How I uncovered a con artist
34:00 – Conclusion: Protecting yourself as a landlord or renter

Don’t Miss:

  • David’s personal story of catching a scammer in action
  • A comprehensive checklist for vetting tenants
  • Insights into how rental scams continue to evolve


Subscribe to The Last Honest Realtor on YouTube or your favorite podcast platform. Like, comment, and share your thoughts—have you ever encountered a rental scam? Let us know in the comments!