The Rental Red Flags: Don't Let Fake Tenants Fool You

Finding the perfect tenant for your rental property is exciting, but it's important to be cautious. Not everyone who fills out an application is who they say they are. Unfortunately, rental scams and fraudulent applications are on the rise, leaving landlords vulnerable to financial loss and property damage. But fear not, savvy landlords! By learning to spot the red flags, you can protect yourself and your investment.

2 min read

person in black knit cap and gray sweater
person in black knit cap and gray sweater

The Telltale Signs of a Fake Tenant

Be on the lookout for these red flags that could indicate a fraudulent application:

  • Inconsistent Information: Does the applicant's information look fishy? Mismatched names on pay stubs and references, discrepancies in dates or employment history, and blurry or altered documents are all potential red flags.

  • Too Good to Be True: Does the applicant offer to pay above asking rent or move in immediately with a large sum of cash? Be wary of offers that seem too good to be true, as they often are.

  • Pressure Tactics: Does the applicant pressure you to skip steps in the application process, such as background checks or reference verification? A legitimate applicant will understand the importance of due diligence.

  • Communication Issues: Does the applicant avoid phone calls or only communicate via email? Are their responses vague or evasive? Difficulty in communication can be a sign of something to hide.

  • Unexplained Urgency: Does the applicant have a sob story about needing to move in immediately due to a sudden hardship? While genuine emergencies can happen, be cautious of overly dramatic pleas.

Protect Yourself with Proactive Measures

Don't become a victim of rental fraud. Here are some proactive steps you can take to protect yourself:

  • Require a thorough application: Collect detailed information, including references, employment history, and proof of income.

  • Conduct background checks: Run credit checks and criminal background checks on all applicants.

  • Verify references: Don't just rely on written references. Call the references yourself and ask questions to verify the information provided.

  • Trust your gut: If something feels off about an applicant, don't ignore it. It's better to be safe than sorry.

Finding Reliable Tenants with MLE Property Management

At MLE Property Management, we understand the challenges of finding reliable tenants. That's why we offer a comprehensive screening process that includes thorough background checks, reference verification, and credit score analysis. We also have extensive experience in spotting fraudulent applications, so you can rest assured that your property is in good hands.

Don't let the fear of rental scams hold you back from finding the perfect tenant. By following these tips and partnering with a trusted property management company like MLE, you can rent with confidence and enjoy peace of mind.

Contact MLE Property Management today and let us help you find the perfect tenant for your rental property!