Is a Craigslist Scam Being Run on Your Property?

For some time now, the FBI has been warning landlords about a Craigslist Rental Scam being run out of Nigeria.

Here are some things to watch for that are sure tip-offs to you that a scam is being run on your property, or a property you might be interested in:

Warning signs of a Craigslist Rental Scam:

• The price is below market rate. This is the lure that separates the clear thinkers and those that tend to be nervous or desperate.
• The owner is overseas, typically a missionary. The missionary angle is to gain credibility. Overseas, typically Africa and Nigeria, is to get you to send money to these countries without thinking about it.
• They want you to wire money via Western Union. Enough said on this one.
• When you go by the home there is someone living there. These folks are audacious enough to try to rent homes that are occupied. They are preying on the fact you are too lazy to do your homework.

So what to do.

How To Check If A Craigslist Rental Is A Scam:

• Do a Google search for the property. Odds are the property is already for sale. If there is a listing, typically you will see this online. Contact us! We’ll be able to give you an answer.
• The price is below market. Very rarely will someone discount rent to the general public. If they are a missionary they will go through a local charity before just going onto Facebook or one of the other Social Network sites.
• Knock on the door of the unit for rent. Let them know you have seen this ad on Craigslist and ask if the advertisement is legit.
• If no one is home, ask a neighbor or the superintendent. They will know.
• If it is a scam, let Craigslist know. They will remove the listing.