The security deposit issue comes up again this week with a question for veteran landlord, property manager and real estate investor Hank Rossi.
Dear Landlord Hank:
I am in the process of talking to a homeowner about a property in California I wish to rent.
I have passed application process and want to see the inside of the property, but I was informed that I cannot until I send the deposit to him, at which time I will receive the keys etc.
I want to make sure my request is to a legit owner. Any advice?
SCAM-forget about this property because you are dealing with a scammer.
A legitimate owner is not going to give you keys until you’ve passed application process (which you did), paid rent and signed a lease.
If you pay a deposit and receive actual keys to the property you want, why couldn’t you just move in and not pay any rent?
Don’t apply without looking at a property, as you are wasting your funds, and don’t give this guy a penny.
In case you missed our recent post on security deposit issues, here it is:
A Tale of Woe Regarding Handing a Security Deposit
Each week I answer questions from landlords and property managers across the country in my “Dear Landlord Hank” blog in the digital magazine Rent Resources by the American Rental Property Owners and Landlord Association. www.arpola.org/blogs
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