Beware of Fraud!

The Morgan Hill Times reported a story last night about a couple who have been swindling property owners.   According to the story, the couple has been using fraudulent documents to verify their identity, income, and employment in order to get rental applications approved, and wrote a personal check to cover the move in costs.

Can you see it coming?  I know, it seems obvious to professional property managers and professional property owners, but there are many amateur rental property owners with good intentions that make small, simple mistakes, that end up costing them a fortune, or in some cases, their property to foreclosure.  That's why it's so important that if you decide to rent out your property, you either really educate yourself on professionally managing rental property, or you get yourself a good professional property manager.  Hiring a good property manager will be more than worth the cost in the long run.