Don’t Let Them Fool You...

Wednesday Mar 08th, 2023

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Dear reader,

Rental frauds have always been in the news.

More often, such incidents occur because of irresponsible approaches from the house owners…

They don’t check in on the tenants and give their house on rent.

Which could cause non-payment issues, and if the tenants are low-key types, then they could even damage your property...

So, it’s wise to avoid such incidents before then even happen.

You can immediately do 3 things to avoid it…

1. Check tenants’ background–Ask them to provide the Govt. issued license or photocopy of an identity card…

All these Government issued documents help track their record.

 

2. Know where your property is listed: Ask them how they get to you? Where did they see the ad of your home? Or what sources they used to get to you?

And only proceed if their answers satisfy you…

 

3. Upfront rent: You must at least ask them to pay you 6 months’ rent in advance, so if they cause damage to your property – you can compensate.

I hope you’ll keep things in check before allowing tenants to live in your place.

 

 

Thank you,

Sade Sanni, Broker of Record. 

 


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