How to Protect Yourself from Rental Schemes: Find a reputable property manager or do it yourself

There has been a series of recent news reports about a variety of rental scams that have duped hundreds of homeowners and renters out of thousands of dollars. This complex rental scam too place in Denver where a man preyed on foreclosure victims, renting out their homes after they vacated the property. He kept all rental income and did it unbeknownst to the homeowner. This property manager in Florida requested renters pay in cash and pocked all rental income, again, unbeknownst to the homeowner. Let’s discuss some ways you can protect yourself from falling prey to a rental scam. First, if...