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June 22, 2012

From William Bronchick Scam Alert:

FROM RENTALS.com

Tips for Landlords and Property Managers

  • Keep an eye on free listing sites. After you (or your Realtor) place an ad in the local paper, advertise online or post information on the Internet’s Multiple Listing Service (MLS) monitor other Web sites to see if your ad is posted again. Continue to use search engines to see if your property is being advertised by someone other than yourself.
  • Sign-up for free alerts. You can sign-up for free Google Alerts, which will e-mail you every time your property address is placed on another site.
  • Meet potential renters in person. Always meet potential renters in person whenever possible and ask to see their driver license.
  • Do not accept cash or cashier checks greater than the amount you are asking for. A potential tenant may overpay you a large sum of money in the form of a cashier’s check, and ask for the difference back. Fake cashier checks and money orders are common, and banks will cash them and then hold you responsible when the fake is discovered weeks later.

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William Bronchick, ESQ.

Nationally-Known Attorney, Author, and Speaker

Attorney William ("Bill") Bronchick, the host of Legalwiz.com, has authored six best-selling books and is sought nationwide for his 30+ years of real estate and legal knowledge. He has been interviewed by numerous media outlets, such as CNBC, TIME Magazine, USA Today, Investor Business Daily, Forbes, and the LA Times, to name a few. William Bronchick is the co-founder and past President of the Colorado Association of Real Estate Investors and the President of the Colorado Landlords Association. Click on the "About" link above for more information on William Bronchick.

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