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Updated about 3 years ago on . Most recent reply
![Alex Ballesteros's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2291105/1639539446-avatar-alexb714.jpg?twic=v1/output=image/crop=904x904@207x465/cover=128x128&v=2)
Is This A Rental Scam? Landlord Requiring Cash Deposit
I am on the verge of moving out & renting my first apartment unit (for myself), and I found a place that I am highly interested in, so i submitted an application for $25.00, along with a copy of some pay stubs, license & my social security. I was a little thrown off by the fact that the lady who helps the owner with the application process/ collecting rent told me that the owner typically collects the first months rent ($1,595) + deposit ($1,595) in CASH only as first payment, and after that he accepts Cashiers Checks, Regular Checks or Cash. She says a lot of people are steered away for this reason so I thought i would ask you guys for your opinion? Is this a potential scam? Or is this common practice?
Things to note before responding:
• I visited the actual apartment in person & it was exactly as shown in the Zillow listing.
• The Zillow posting was made by the owner (which he only states his first name & phone number, no last name)
• I have not met the owner in person yet since his maintenance manager opened & showed me the apartment.
• He has a lady who works for him who helps him with receiving applications & collecting rents (at her apartment which she lives in 10 minutes away from the rental)
• I have not signed/ seen a lease yet since I just turned in the application today 1/6/22 & the owner has not made their decision who they'd like their tenant to be. The lady said he usually takes 1+ week(s) to decide, sometimes longer depending on how many applications are turned in.
Thanks for your help & advice in advance! - Alex
Most Popular Reply
![Joe S.'s profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1775668/1651945373-avatar-joes731.jpg?twic=v1/output=image/crop=542x542@0x203/cover=128x128&v=2)
The fact that they didn’t miraculously approve you instantly and want the cash at that exact moment lowers the chances that it is a scam IMO.