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Updated over 11 years ago on . Most recent reply

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26
Posts
1
Votes
Todd Bullinger
  • Real Estate Investor
  • Lima, OH
1
Votes |
26
Posts

Family lost house in fire....Scam????

Todd Bullinger
  • Real Estate Investor
  • Lima, OH
Posted

I posted our house for rent with a yard sign as well as Craigslist. I received a call from someone stating they are calling on behalf of a family that lost their house in a fire yesterday and was looking to find houseing for them. We are asking $675 but they asked about paying $875 for a 3 month lease (without my prompting).

Has this happened to anyone before? Part of me thinks this is a scam. I will be asking where he found out about the house and what his connection is to the family but didn't think of it right away. Any thoughts or suggestions for a situation like this?

I will say, I'm not really interested in a 3 month lease as that will put us right in January and not really interested in trying to find tenents in the winter snow.

Most Popular Reply

User Stats

48
Posts
18
Votes
Matt C.
  • Rental Property Investor
  • Jupiter, FL
18
Votes |
48
Posts
Matt C.
  • Rental Property Investor
  • Jupiter, FL
Replied

About a year and half ago, my house was destroyed in a house fire. My insurance paid for temporary housing that was equivalent to what we had. There was a third party relocation company that handled all the search and negotiations. We looked and selected the house ourselves. The relo company tried to negotiate a 6 months lease at a higher rate but the owner wouldn't go for it. So, that part of the story matches my experience. In the end, it was a 12 month lease. The relo company paid the rent, 3 months at a time, by the way. However, I signed the lease and was responsible for the deposits, utilities, etc. The relo company anticipated that the owner would not go for a 6 months lease. If the people that have contacted you are legit they should be familiar with the common practice in your market. Ask them for a 12 month lease with a early release clause if they move out and you find another renter before the the term ends. That would guaranty to you 12 months of rent. I don't own any rentals, so I don't really know if that is a good idea or not.

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